Monday, August 6, 2007

Intraday Calls for 6th August

Nifty support 4300 and Resistance 4440, 4500.
Sensex Support 14900 and Resistance 15200.

Markets opens weak as global markets are in dip red. But I think market can bounce from the support of 14900. If break and trade below that then we can see 14600, 14400 levels in coming days. Be carefull from the high volatility of the market today.

Buy Voltas, Wipro, HPCL, Micro Technologies, MTNL, JP Associates, Prithvi Info, Gitanjali Gems, Nelcast, ROMAN at decline.

Sell Bharti, M&M, Lanco Infra, Indiabulls, Parsvnath, RCOM.

Good Luck.
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