Thursday, October 4, 2007

Intraday Calls for 04th October

Market may open flat to nagetive but remain very volatile like yesterday and can touch 18k very soon.

Nifty Support 5160 and Resistance 5260
Sensex Support 17300 and Resistance 18000

Buys for intraday (Buy at decline):

Torrent Power (102) Target 105-108 SL 100
Triveni Eng (109) Target 115 SL 107
Renuka Sug (742) Target 755 SL 735
Lupin (609) Target 620-625 SL 605
Cipla (185) Target 190+ SL 182
RCOM (643) Target 660 SL 639 (Short Term Target 775 if cross 660)
GTL Infra (40) Target 42-44 SL 39
DLF (892) Target 825 SL 888
IVRCL (441) Target 450-455 SL 436
ITC (187) Target 195 SL 185

Others: Reliance (2400), Welspun Gujarat(300), Kulkarni Power(177), Everonn System(665), IDFC(155), PFC(207), Gallent Metal (18.40).

Good Luck

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.



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