23May 2007!!!!!

Hi All

ABOVE 4240 ...BULL BULL BULL

CLOSE 4277 R1 4293 R2 4308
S1 4253 S2 4228

Crossover of level of 4288 will decide further course of action. Failure to crossover the level will lead to sizable profit booking and decisive crossover will be an indication of rally to continue inspite of profit bookings to be seen intermittently. VERY SHORT TERM is in VERY BULLISH zone consequtively for fifth day and that is a signal for profit booking at higher level to follow. Close above 4265 have opened 4322, the fourth intermediate level of trading zone 4096-4352

Stocks For Tomorrow

Renuka Sugar TGT1 615 TGT2 625 We can see 650 too in this week Caution Required

NO SL IN Renuka

TATA Steel 645+

1.Buy NIFTY May fut Stop loss 4245 Target 4290-4315-4350.
2.Buy CENTURYTEX May fut Stop loss 638 Target 655-664
3.Buy GUJALKALI May fut Stop loss 141 Target 149-152
4.Buy AMTEKAUTO Stop loss 390 Target 415-422.

Cash intraday calls:-
1.Buy 3I INFOTECH Stop loss 302 Target 318-321-325
2.Buy CENTURY TEX Stop loss 640 Target 654-660
3.Buy HANUNG TOYS Stop loss 163 Target 168-172
4.Buy PANTALOON RETAIL Stop loss 448 Target 486-492
5.Buy RELIANCE Stop loss 1762 Target 1790-95-1800


ICICI Bank 935 945

RNRL TGT 36 38

Pantaloon TGT 480 490
Siemens looks hott

GRAB
RELIANCE ENERGY JUN FUT &

560 call option
580 call option

NEXT Reliance Capital is waiting for U