Morning Call - May 23 2008

Market Grape Wine :

In House :

Nifty at a support of 4970 & 4913 with resistance at 5062 and 5090 levels .

Buy : AbirNuvo above 1600 target 1650 s/l of 1584

Buy : Gail above 396.5 target 406 s/l of 391

Buy : Suzlon above 286 target 302 s/l of 280

Buy : TechMahindra above 846 target of 874 s/l of 834

Out House :

Markets at a support of 16816 & 16786 and resistance at 17071 & 17171 levels .

Buy : INFY & Wipro

Buy : RPL & MRPL

Buy : RPower

Buy : BombayDye

Buy : Coreproject

Buy :GujNre

Buy : Emami

Buy : Cairn at dips

Dark Horse : Suzlon , Kotak , BombayDye , Emami , IFCI , CORE, , GujNRE & Cairn

TGIF : Thank God Its Friday : Markets to remain choppy and volatile maintain strict stop loss .