NIFTY A MIXED BAG OF VOLATILITY
Nifty taking second support at 4100 lvls. The pivot for the day is 4125 lvls & immediate resistance is 4140 lvls. Sustaining abv tht one could see 4160 & 4180 lvls. For trend reversal Nifty needs to close abv 4225 lvls for 2 or 3 tradin sessions.
Today markets wil open with a gap on account of global markets.
For stock specific calls refer our yesterdays call for short term gains.
Any tradin calls wil be updated in live markets & on yahoo too.
Contra call IT stocks lookin good for short term mainly Infosys, Satyam , Wipro, Tech mahindra & other small & mid cap IT stocks
Banking stocks looking +ve for short term on account of Icici Bank issue starting from 19 June to 22 June 2007.
Be stock specific & keep strict stop losses to your buys.
Elecon engg, Bhushan steel, Icici Bank, Ongc, Niit Ltd , Niit Tech, Grindwel norton, Engineers India, Taneja Aerospace, Unitech , India Bulls Fin services & Ibul real estate
Good day , Happy investing
Market Commentry :
Yesterdays call Unitech 1st tg 520 achieved, next 540.
Gujnre coke for tg 65 cmp 60
Accumulate Bag films cmp 38.
Due to some technical reason Yahoo not working wil update here only
Contra calls Infosys at 2020 others tcs, satyam , wipro & many more It stocks rockin.......
Intra day Buy India info cmp 632 sl 625 tg 640 , 644
Post Closing :
India Info tg 644 achieved can take for Btst tg 652 - 655
Buy Era Cnstructions at 355 sl 348 tg 365 - 358 ( tomm for intra too )
Contra call IT sector , all infy , satyam etc rocking.
Unitech closed at 533 close to tg of 540 , revised tg 550- 555 revised stop loss 515 - 518
Good day ahead , Happy Investing...........................
