Tuesday, May 29, 2007

30 May 2007

Hiii Alll!!!!!!

Bulls seems to be dominant from the given support of mine and a sharp and smart recovery seen in the market as the low made in the morning was well saved by the bulls.I was not in sellin side and I was also not bearish in the market as market tempo is in the bulls zone since last two weeks.last three days closing says that mighty bulls are in full control and they will not leave the battle field and the upward journey remain continue after a minor sell off.

The rally will continue. For today's trading, crossover of 4302 will lead Nifty future to the level of 4322 and if crossed, to the level of 4338. Technical pause is expected around 4327. On lower side violation of 4289 will lead Nifty future to the level of 4250. Crucial bottom is at 4246.20 and crucial level is at 4200. Resistance to upward move will be at 4316 and 4336 whereas Support will be at 4259 and 4225

NIFTY LEVELS
NIFTY
RES. : 4298/4309/18/29/40+
SUP. : 4290/78/60/51/40

Stocks for Tomorrow(BUY)

Fno Call:-
1.Buy BIRLAJUTE June Fut Stop loss 250 Target 267-270-275
2.Buy M&M June fut Stop loss 757 Target 774-781
3.Buy ABB June fut Stop loss 4530 Target 4600-4650
Cash Calls:-
1.Buy TATAMOTORS Stop loss 730 Target 746-748
2.Buy STERLINBIO Stop loss 167 Target 176-178
3.Buy NAGARCONST Stop loss 175-176
4.Buy VIDEOIND Stop loss 432 Target 445-448

RCOM 530+
RELIANCE 1770 1800 ALSO

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