Tuesday, July 17, 2007

Intraday Calls for 17th July

Nifty Support 4490 and Resistance 4535.
Sensex Support 15220 and Resistance 15380.

Market can take some rest today. Some correction can be seen in today's trading.

Buy Biocon @ Rs. 456/- Target Rs. 462-665/- SL Rs. 451/-
Buy Bombay Dyeing @ Rs. 644/- Target Rs. 655/- SL Rs. 638/-
Buy Archies @ Rs. 150/- Target Rs. 155-158/- SL Rs. 146/-
Buy Nelcast @ Rs. 176/- Target Rs. 185/- SL Rs. 172/-
Buy Cairn @ Rs. 161/- Target Rs. 165/- SL Rs. 158/-
Buy Sail @ Rs. 155/- Target Rs. 160+/- SL Rs. 152/- (Short Term Target Rs. 175/-)
Buy Welspun Gujarat @ Rs. 243/- Target Rs. 250/- SL Rs. 240/-

Others are: HEG Ltd. (225), Aptech Ltd. (348), Nagarjuna Fert. (24.5), TTML (28), Gitanjali Gems (224), KPIT (135).

Short Sell: Orbit Corp, PFC, HPCL.

Good Luck.

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