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Monday, March 05, 2007

Investsmart - Morning Call


Market Grape Wine :

In House :

Markets to open weak with negetive Bias .

Problem in International market with strebghting of Yen creating a sell off
in the market .

Corporates coming up with Interim Dividened making the Nifty trade at 40 &
50 points down .

Nifty at a support of 3670 , 3650 & 3616 with resistance at 3775 & 3812
levels .

Sell : RIL at 1317 s/l 1325 target 1301

Sell : Parsvnath below 269 s/l 273 atrget 260

Out House :

Sensex at a support of 12786 & 12616 levels with resistance at 13013 &
13212 levels .

Maintain strict stop loss as markets to be very choppy and volatile with
negetive Bias .

Buy : ONGC

Buy : Gail

Buy : Sail & JSW at dips

Buy : Glenmark at dips

Buy : Gitanjali at dips

Buy : Infy & TCS at dips

Dark Horse : ONGC , Gail , Gitanjali , Glenmark , Sail , Polaris & REL

Thanks Yash