Calls :-) 17th July 2007

CONSOLADATION AT HIGHER LEVELS................

AFTER A RANGE BOUND SESSION MARKETS HAPPENED TO CLOSE +VE. THE RALLY WAS MAINLY DUE TO THE VALUE BUYING HAPPENING IN BANKING & METAL STOCKS. MARKETS ARE LIKELY TO CONSOLIDATE AT THESE LVLS & LETS WAIT FOR EITHER WAY BREAKOUT OR BREAKDOWN.

NIFTY VIEW :

NIFTY CLOSED AT 4512 LVLS, SUPPORTS ARE 4500 , 4490 , 4465 WHILE REISITANCES ARE 4525 & 4540. STRONG MOMEMTUM TO CONTINUE IF NIFTY SUSTAIN 4520 LVLS & TRIES TO CLOSE ABV.

ONE CAN BUY NIFTY AT SUPPORTS & SELL AT RESISTANCES. ( THIS ALL ARE NIFTY SPOT LVLS , FUT PRICES TO BE ADJUSTED AS PER PREMIUM OR DISCOUNTS )

FEW SHORT TERM CALLS ARE POSTED, CLICK ON THIS LINK TO OPEN THE SAME Calls :-) 16th July 2007 .

RELIANCE PACK AS RECOMEDING FROM LAST MONTH IS STILL A STRONG BUY.

STOCK SPECIFIC ACTIONS CONTINUES & BUYING AT DIPS & SELLING HIGHER IS THE STRATEGY FOR FEW SESSIONS.

CONTRA CALL :

SUGAR SECTOR LOOKS GOOD FOR NEXT FEW SESSIONS.

GOOD DAY AHEAD, HAPPY INVESTING

MARKET COMMENTRY : ( UPDATED IN LIVE MARKETS )

BOOK PROFITS IN OUR BTST CALLS OF RCOM, BOMBAY DYEING & RELIANCE ENERGY.

RELIANCE INDS MAKING NEW HIGHS ALONG WITH SENSEX & NIFTY. RIL CMP 1815 TARGETING 1900+ IN SHORT TERM.

ACCUMUALTE SUGAR STOCKS FOR SHORT TERM

BOOK PROFITS IN OUR TRICOM CALL INITIATED AT 96 CMP 128.

OUR BAG FILMS HITS 60 LAST MONTH CALL INITIATED AT 42 LVLS.

ALSO ACCUMULATE EDUCOMP CMP 2225 TG 2500 AT THE TIME OF LISTING OF EVERON.

OUR IT STOCKS MOVING SLOW BUT STEADY IN VOLATILE MARKETS. INFOSYS, TCS, TECH MAHINDRA & OTHER IT , SOFTWARE MID CAP & SMALL CAP STOCKS.

FOR PATIENT PEOPLE ACCUMULATE ASHOK LEYLAND CMP 39 SL 36 TG 45 - 46 SHORT TO MID TERM VIEW.

MARKET NEWS : TAKE CARE TO YOUR BUYS BY KEEPING STRICT STOP LOSSES AS MARKETS MAY END UP -VE TODAY BY SUPPORTING WORLD MARKETS.