Friday, May 25, 2007

Intraday Calls for 25th May

The Sensex could see support at 14,131 further fall, while could face resistance at 14,347 on a rebound. Nifty has immediate resistance at 4225-4242 and then at 4267. On the downside, Nifty has support at 4186-4168 and further below at 4132.

Buy NTPC on decline around Rs. 158-160/- Target Rs. 165/- SL Rs. 155/-
Buy BOB on decline around Rs. 260-265/- Target Rs. 270-275/- SL Rs. 255/-
Buy Andhra Bank around Rs. 86-87/- Target Rs. 92/- SL Rs. 84/-
Buy TVS Motor around Rs. 66/- Target Rs. 69-72/- SL Rs. 64/-
Buy Agro Tech Food around Rs. 125/- Target Rs. 132-135/- SL Rs. 120/-

Others are Accentia Technologies Ltd (Rs. 80 Cr. new order), RNRL, Sterlite Optical, BPCL (Super Duper Results), Reliance Energy, Orbit Crop. all are buys on decline as market will open negative.
Posted by at

Disclaimer

The information in this publication is provided by http://www.moneybazzar.blogspot.com/ is intended for use for Readers & Traders . Every effort is made to provide accurate information, but http://www.moneybazzar.blogspot.com/ cannot guarantee the accuracy of the information or of the market analysis. This is a newsletter and is for informational purposes only. It is not a solicitation or offer to buy or sell futures. There is a high risk of loss in trading futures. You should not trade with money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this newsletter. The past performance of any trading system or methodology is not necessarily indicative of future results.



free counter