12th June 2007!!!!!!!!!!!

Hiiiii

Nifty future bounced back but failed to cross level of 4185 and could not retain early gains. For today's trading violation of 4115 will lead Nifty future to the level of 4084. Decisive downward crossover of 4084 will lead Nifty future to the level of 4064 and if tasted, correction will continue up to 4035. On higher side crossover of 4145 will lead Nifty future to the level of 4168 and decisive crossover of 4168 will lead it t0 the important level of 4185. If Nifty future succeeds in crossover of 4185, the rally will continue. Else there will be a short break...?? Resistance to upward move will be at 4176 and 4226 whereas Support will be at 4081 and 4037.

NIFTY FUTURE
CLOSE 4127
R1 4176 R2 4226
S14082 S2 4037
TREND
Volatile

Stocks

Reliance IND

DIVISLAB tgt 5300+(positional)

Reliance capital


Fno Calls :-
1.Buy VSNL June fut with stop loss 455 Target 470-475.
2.Buy TATAMOTORS June fut with Stop loss 648 Target 664-668.
3.Buy HDFC BANk June fut Target 1766-1770.
4.Buy Reliance june fut Target 1710+
Cash intraday Calls:-
1.Buy MALUPAPER with stop loss 25 Target 30-32
2.Buy TIDEWATER with Stop loss 1730 Traget 1765-1770.
3.Buy WELGUJ with Stop loss 177 Traget 186-188.
4. Buy MINDTREE with stop loss 772 Target 790-92-96.

Delivery Calls:-
1.Buy NICHOLAS PIRAMAL for Short term with Stop loss 266 Target 290-300
2.Buy SESHAPAPER for Short Term with Stop loss 160 Traget 180-188.