Morning Call - July 4 2008

Market Grape Wine :

In House :

Nifty at a support of 3850 and 3790 with aresist of 3983 and 4065

Inflation expected 11.49 and 12

Cash :

Sell : Aban below 2498 with a SL of 250

Sell: Essaroil below 166 tgt of 158 with aSL of 170

F&O:

Buy: Ioc above 172 with a tgt of 180 with aSL of 168

Buy: Sail above 132 tgt of 137 with a Sl of 120

Out House:

Markets at a support of 12786 & 12661 resistance at 13113 & 13254 levels .

Today US closed on account of American Independence Day 4 of July .

Inflation expected to 11.88 to 11.96 % for the week .

Buy : Infy & satyam at dips

Buy : NTPC at dips

Buy : Tisco at dips

Buy : RPL & RIl at dips

Buy : ONGC at dips

Buy : HLL

Buy : ITC

Dark Horse : NTPC , Ongc , RIL , Tisco , ITC & RPL

TGIF : Thank god Its Friday : Just waiting for the week to end : try to relax away from the market vagaries .