Investsmart - Morning Call - Mar 12 2007

Market Grape Wine :

In House :

Nifty at a support of 3684 & 3655 & 3625 with resistance at 3781 & 3812 &
3840 levels .

Sell : Drreddy below 655 target 641 s/l 662

Sell : Wipro below 560 taregt 545 s/l 567

Markets to be range bound with no major triggers with short covering at
lower levels not ruled out .

Positive opening with pressure at higher levels .

Buying in Cement at lower levels not ruled out .


Out House :


Sensex at a support of 12786 & 12696 levels with resistance at 13113 &
13223 levels .

Buy : RIL & RelCap

Buy : Infy & Sataym

Buy : Polaris & Mphasis

Buy : EKC , Gitanjali , Praj & IDBI

Buy : ACC & Grasim at dips

Buy : SBIN , IciciBank & UTIBank at dips

Buy : Unitech , Ivrcl & NagarConst

Dark Horse : RIL , Sbin , UtiBank , Gitanjali , ACC , Gacl , BajajHind ,
EKC & PRAJ