Thursday, May 31, 2007

Intraday Calls for 31st may

Markets are likely to be volatile on expiry day. Nifty supports are 4245, 4230 and resistance are 4275, 4300. Sensex Supports are 14400, 14350 and resistance are 14475, 14500.
Dollar going strong so its a good news for IT sector.

Buy Infosys Tech above 1905/- Target Rs. 1930-1945/- SL Rs. 1900/- (Strong Support @ Rs. 1900/-)
Buy Wipro @ Rs. 536/- Target Rs. 545/- SL Rs. 530/-
Buy KPIT Cummins @ 139-140/- Target Rs. 145-150/- SL Rs. 136/-
Buy Himadri Chemical @ Rs. 382/- Target Rs. 400+ SL Rs. 375/-
Buy IDBI @ Rs. 90-92/- Target Rs. 95/- SL Rs. 88/-
Buy JP Hydro @ Rs. 36/- Target Rs. 39-40/- SL Rs. 34/-

Others buys are Indiainfo (Above 628), RCOM(501), Global Vectra (252), PatelEngineering (409), Alstom Projects(566).

Good Luck
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