Morning Call - May 9 2008

Market Grape Wine :

In House :

Nifty at a support of 5055 and 5010 resist of 5145 and 5202

Cash:

Buy: Lichousing above 361 tgt of 376 with a SL of 354

Buy: Jpassociate above 272.50 tgt of 287 with a SL of 265

F&O:

Buy: Renuka above 137 tgt of 145 with aSL of 132

Out House :

Markets at a support of 17021 & 16886 and resistance at 17217 & 17373 levels .

Buy : EssarOil & RPL

Buy : RIL

Buy : Infy & Wipro

Buy : NTPC & RPower

Buy : BombayDye

Buy : SKumar

Buy : Coreproject & LKP

Dark Horse : SKumar , EssarOIL , CORE, BombayDye , GujNRE & RPL

TGIF : Thank God Its Friday : Markets consolidating with Inflation expected at 7.62 today , keep strict stop loss for your trades .