Thursday, May 17, 2007

18 may 2007!!!!!!

Hi All

Hope you enjoyed our callz


Nifty:-
Nifty future opened higher and crossed hurdle at 4218 to continue upward rally. For today's trading crossover of 4245 will lead Nifty future to next level of 4265. Technical pause is expected around 4260. Crossover of 4265 will lead Nifty future to the level of 4276 and 4283. On lower side violation of 4220 will lead Nifty future to day's bottom of 4209.90 and if breached will proceed to the level of 4190. Crucial level is at 4167 and crucial bottom is at 4117.60. Resistance to upward move will be at 4249 and 4264 whereas Support will be at 4213 and 4194.

MARKET TODAY
NIFTY LEVELS
RES. : 4220/38/45/60/84+
SUP. : 4199/80/68/50

Stocks

IFCI ...Hottt
RELCAP (Positional may be) 937 then 965

Renuka sugar (Positional) tgt 565+

More will update around 11.30 pm

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