Wednesday, May 23, 2007

Intraday Calls for 23rd May

NSE : Major support range 4075 to 4089. It will take support 4264, 4247, 4217, upper side it will face resistance 4295 and crossover it can move up to 4312.
Buy Century Textile above Rs. 650/- Target Rs. 666-670-675/- SL Rs. 642/-
Buy Torrent Power @ Rs. 76/- Target Rs. 80-82/- SL Rs. 74/- (Signed MOU with Gujarat Power Corporation Ltd. for setting up a 1000+ MW coal based power project at Pipavav in Amreli District, Gujarat.)
Buy Rama Newsprint @ Rs. 38/- Target Rs. 42-44/- SL Rs. 36/-
Buy KEI Industries @ Rs. 83/- Target Rs. 88/- SL Rs. 80/- (Also rec. as investment)
Buy Wipro @ strong support level 528/- (if sustain above 528) Target Rs. 540-545/-

Others are Dolphin Offshore, Aftek, Mysore Cement, TVS Motor, RNRL (Ultimate target Rs. 40-42/-), Prithvi Info (Ultimate Target Rs. 500+ for med to long term).
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