Friday, September 28, 2007

Intraday Calls for 28th September

Last trading day of the month. Market can open flat to positive and may remain flat. Some profit booking can be seen at higher levels in overbought stocks.

Nifty support 4965, 4880 Resistance 5020, 5050
Sensex Support 17000, 16890 Resistance 17200, 17290

Buys for Intraday:

NIIT Tech (334) Target 342-345 SL 330
Orchid Chemical (230) Target 235-238 SL 227
RPL (150) Target 155 SL 148
Cipla (176) Target 180-182 SL 174
EKC (223) Target 228-230 SL 220
Bhushan Steel (915) Target 930-940 SL 910
Visu International (16.50) Target 17.50-18 SL 16
Paramount Communication (33.60) Target 36-38 SL 32
Pantaloon Retail (526) Target 540 SL 522
REL (1116) Target 1130 SL 1110

Others: GMR Infra, Rasoya Proten, NIIT Ltd., Maxwell Ind, Videocon Ind.

Good Luck
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