Morning Call - Sep 16 2008

Market Grape Wine :

In House:

Nifty at a support of 3950 and 3882 with resistance at 4080 and 4195 levels.

Cash: Buy HDFC BANK above 1150 target 1225 with S/L 1130.

Cash: Buy ACC above 565 targets 595 with S/L 558.

Future: Sell REL INFRA below 844 target 800 with S/L 860.

Future: Sell ANSAL INFRA below 77 targets 70 with S/L 81.






Out House:

Markets at a support of 13035 & 13245 and resistance at 13567 & 13786 levels .

Marekts to open weak , maintain strict stop loss for your trades : Markets to be very volatile .

Steep Bounce back not ruled out from lower levels in Financial , Infrastructure & Capital goods stocks .

Buy : Bhel at dips

Buy : Corerproject at dips

Buy : LNT at dips

Buy : SBIN at dips

Dark Horse : Bhel , Sbin , ITC , LNT , Relcap