Wednesday, May 30, 2007

Intraday Calls for 30th May

Nifty supports are 4280, 4260 and resistance are 4310 and then 4325.
Sensex Supports are 14475, 14450 and resistance are 14525 and then 14565.
High volatility can be seen in today's market but will remains flat.

Buy Petronet LNG @ Rs. 53/- Target Rs. 56-58/- SL Rs. 51/-
Buy Siemens @ 1285-1290/- Target Rs. 1300-1320/- SL Rs. 1280/-
Buy GDL @ Rs. 185/- Target Rs. 190-192/- SL Rs. 182/-
Buy Jaiprakash Associates @ Rs. 685-690/- Target Rs. 710-725/- SL Rs. 680/-
Buy Sintex @ Rs. 215/- Target Rs. 220-222-225/- SL Rs. 212/-
Buy Hindalco @ Rs. 144-145/- Target Rs. 150-152/- SL Rs. 141/- (One can buy its delivery also for 5-10 days target of Rs. 160-165/- with strict SL of Rs. 139/-)
Buy Rain Calcining @ Rs. 37/- Target Rs. 39-40/- SL Rs. 35/-

Others buy are Great Offshore (772), KPIT (141), IFCI(48.5), Visu Intl(13.4), Paramount Communication (36), Andhra Bank (89).

New listing today are: MIC Electronics, Insecticides India.
Good Luck.
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