Monday, June 11, 2007

Intraday Calls for 11th June

Nifty: Support is 4140 and resistance are 4175, 4190.
Sensex: Support is 14000 and Resistance are 14150, 14200.

Market will open with gap up but can see resistance in 2nd half, market should be remain positive today.

Buy Nitin Fire @ Rs. 415-420/- Target Rs. 430-445/- SL Rs. 408/-
Buy Crompton Greave @ Rs. 243/- Target Rs. 250-255- SL Rs. 238/-
Buy Unitech @ Rs. 505-510/- Target Rs. 525-535/- SL Rs. 500/-
Buy Tata Steel above Rs. 590/- Target Rs. 600-610/- SL Rs. 582/-
Buy IDBI @ Rs. 101/- Target Rs. 105-107/- SL Rs. 99/-
Buy GTL @ Rs. 220/- Target Rs. 225-230/- SL Rs. 216/-

Others are: RNRL (34), Moser Baer (454), Mphasis BFL (325), Indiabulls (500), Indiainfoline (624), Paramount Communication (35.5).

Good Luck.
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