Tuesday, June 5, 2007

Intraday Calls for 5th June

Nifty: Supports are 4230, 4200 and Resistance are 4295, 4310
Sensex: Supports are 14400, 14450 and Resistance are 14540, 14575
Market is likely to open with flat to nagetive but a bit recovery can be seen later and may close flat to positive.

Keep Eye on new listing of NITIN FIRE (532854) if it available arround Rs. 300/- then buy it for the target of Rs. 350-375-400+.

Buy GMDC (Gujarat Mineral Dev.) @ Rs. 720/- Target Rs. 735-745/- SL Rs. 710/-
Buy PSTL @ Rs. 370/- Target Rs. 385-390/- SL Rs. 360/-
Buy Ray-Ban @ Rs. 116/- Target Rs. 120-122/- SL Rs. 114/-
Buy Sadbhav Engineering @ Rs. 530/- Target Rs. 545/- SL Rs. 525/-
Buy Bajaj Hind @ Rs. 165/- Target Rs. 170-175/- SL Rs. 162/- (oversold, Technical recovery expected)

Others are HindZinc(676), Asahi Songwon (90), NTPC (160).

Good Luck.
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