Tuesday, August 28, 2007

Intraday Calls for 28th August

Market can open positive but profit booking can be seen at higher levels. So it may be flat trading throughout the day with high volatility.

Sensex Resistance 15000 and Support 14600, 14400
Nifty Resistance 4360, 4400 and Support 4290, 4240

Buy:

PSTL Target 330+ SL 315
Era Construction Target 505 SL 486
Essel Propack Target 62-65 SL 58
Moser Baer Target 295 SL 282
HCC Target 128-130 SL 120
Syndicate Bank above 75/- Target 78-80 SL 73
Corporation Bank Target 335 SL 318
IVRCL Target 375 SL 360
KPIT Target 120+ SL 114
Paramount Communication Target 30 SL 25

Sell (High Risk):
Indian Bank, India Cement, Zylog System.

Good Luck.
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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.



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