Wednesday, August 8, 2007

Intraday Calls for 8th August

Nifty: Support 4300 & Resistance 4400, 4440.
Sensex: Support 14900 & Resistance 15000, 15200.

Markets looks good for today. A fine day expected. Positive opening with nice gain also.

Buy Mphasis @ Rs. 283/- Target Rs. 290-295/- SL Rs. 282/-
Buy HCL Tech @ Rs. 298/- Target Rs. 305/- SL Rs. 294/-
Buy Mastek @ Rs. 252/- Target Rs. 260-265/- SL Rs. 248/-
Buy HDIL @ Rs. 525/- Target Rs. 536-540/- SL Rs. 520/-
Buy Bindal Agro (Oswal Chemical) @ Rs. 34/- Target Rs. 36+ SL Rs. 32/- (Short Term Target 40+) Buy Premier Explosive @ Rs. 50/- Target Rs. 55/- SL Rs. 48/-
Buy Ceat @ Rs. 166/- Target Rs. 172-175/- SL Rs. 162/-
Buy Timex Watches @ Rs. 30/- Target Rs. 35/- (Short Term) SL Rs. 28/-

Others: Sterlite Industries, IDBI, HPCL, JetAirways, ADSL, NitinFire, ITC, MTNL.

Banking Stocks: Sell.

Good Luck.
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