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Recommendations
Tuesday, December 18, 2007
Morning Call
Market Grape Wine :
In House :
Nifty at a supp of5687 and 5610 and resis at 5810 and 5855
Medium term outlook to saty positive till Nifty stays above 5610
Mkt to open on a negative note with buying supp likely to emerge at lower levels
Advance tax figures have been good for SBIN(1090cr vs 865cr), Reliance(1000cr vs 444cr) and ICICIBank(500cr vs 250cr)
Intra Day: Buy Dr reddy above 728 with a TGT of 745 and a SL of 719
Sell Indiacement below 290 with a TGT of 278 and a SL of 290
F&O: Sell Bankindia below 357 with a TGT of 343 and a SL of 364
Sell PFC below 250 with a TGT of 236 and a SL of 256
Out House :
Markets at a support of 18786 & 19019 levels with resistance at 19565 & 19786 levels .
Buy : RIL & REL at dips
Buy : INOX at dips
Buy : JpAsso & Jphydro at dips
Buy : Centextile & Neyvelli at dips
Buy : SKumar & ABAN at dips
Buy : IBUllsreal at dips
Buy : JindalPower at dips
Buy : Kotak & SBIN at dips
Buy : IOlBroad at dips
Dark Horse : Aban , Jpasso , IOL Broad , IBullReal , INOX , Essaroil , RIL , SBIN & JpHydro
Bullet for the Day : RIL & SBIN with strict stop loss .