Monday, October 8, 2007

Intraday Calls for 8th October

Market should open positive and may touch and cross 18 K in morning session because of strong global markets opening. But remains very volatile and if effected from political reasons than market can corrects from higher levels.

Nifty Support 5160 5100 Resistance 5260 5290
Sensex Support 17500, 17300 Resistance 18000

Buys for Intraday:

RCOM (645) Target 660+ SL 640
Bharti Airtel (993) Buy above 1000 for Target 1030 SL 990
BSEL Infra (64) Target 68-70 SL 62
Kalyani Steel (478) Target 500 SL 474
Tinplate (56) Target 60 SL 54
Advanta India (1065) Target 1090+ SL 1058
Tata Power (944) Target 965 SL 938
NIIT Ltd (131) Target 135+ SL 129
IFCI (85) Target 88-90 SL 84
Astral Poly (130) Target 138-140 SL 128

Others: Reliance Industries, Ispat Industries (32), GTC Industries (280), Prajay Eng (306), KS Oils (72.5), TTML (40.5).

Good Luck
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