Morning Call - July 16 2008

Market Grape Wine :

In House :

Nifty at a support of 3810 and 3753 levels with resistance at 3895 and 3960 levels .

Buy : RIL above 1977 target 2040 s/l of 1950

Buy : IOC above 341.5 target 354 s/l of 336

Sell : in F&O : IciciBank below 550 target 520 s/l of 565

Sell : in F&O : RELCAP below 989 target 940 s/l of 1030

Out House:

Markets at a support of 12543 & 12354 resistance at 12786 & 12929 levels .

Markets to be choppy and volatile maintain strict stop loss .

Buy : Tisco at dips

Buy : RPL at dips

Buy : Coreproject at dips

Buy : LT at dips

Buy : Ranbaxy at dips

Buy : RIL at dips

Dark Horse : Tisco , Ranbaxy , ITC , HLL , RIL & Core