Tuesday, May 29, 2007

Intraday Calls for 29th May

Nifty: Supports are 4230 and 4200 and Resistance are 4285 and 4300.
Sensex: Supports are 14350 14300 and Resistance are 14440 and 14500. (if breaks 14500 then it will make new highs soon)

Buy Andhra Bank @ 91/- Target Rs. 95/- SL Rs. 89/-
Buy Unitech above Rs. 600/- target Rs. 620-630/- SL Rs. 590/-
Buy Bharati Shipyard @ Rs. 435/- Target Rs. 445-450/- SL Rs. 430/- (New contract from Germany)
Buy Gokaldas Export @ 221/- Target Rs. 230/- SL Rs. 218/- (Fresh Breakout & Good Results)
Buy Paramount Communication @ Rs. 31-32/- Target Rs. 35-37/- SL Rs. 30/-
Buy Cinemax @ Rs.154/- Target Rs. 160-165/- SL Rs. 151/-\

Others Buy are Advanta(1000), Autoline Industries(228), Carborundum Universal (Above Rs. 168/-), Punj Llyod(193), RNRL(36), RIL (Resistance at 1730)

Be carefull as high volatility can be seen in today's trade.

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