Wednesday, June 13, 2007

Intraday Calls for 13th June

Nifty: Supports are 4140, 14100 and Resistance are 4175, 4190.
Sensex: Support is 14000 and Resistance are 14150, 14200.

Today Market will looks weak in 1st half but some recovery can be seen in second half and may close flat. High volatility contineous.

New Listing: TIME Technoplast, Super listing around 400-450. Buy for target of Rs. 500+.

Buy Reliance around 1700/- Target Rs. 1720-1725/- SL Rs. 1690/- (Ultimate Target Rs. 1800/-)
Buy Nitin Fire around Rs. 390/- Target Rs. 410-415/- SL Rs. 380/-
Buy MIC Electronic around Rs. 330/- Target Rs. 345/- SL Rs. 322/-
Buy Rolta around Rs. 410/- Target Rs. 425/- SL Rs. 400/-
Buy Cummins around Rs. 315/- Target Rs. 325-330/- SL Rs. 308/-
Buy Indiabulls around Rs. 515/- Target Rs. 522-530/- SL Rs. 505/- (Resistance @ 522/-)

Others are: Riddhi Siddhi Gluco (280), Renuka (625), Bajajhind (170), Grindwell (145), Panasonic Battery (72), Tata Steel (600).

Buys on decline as market can open weak today.

Good Luck.
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