Morning Call - May 31 2007

Market Grape Wine :

In House :

Markets endded lower yesterday due to China Factor and profit booking at higher levels .

Nifty at a support of 4200 & 4220 with resistance at 4280 & 4320 levels .

Sell : Infosys below 1900 to 1870 s/l 1915

Out House :

Markets at a support of 14352 & 14292 levels with resistance at 14465 & 14532 levels .

Buy : RIL & RELCAP

Buy : Divis & ABB

Buy : IDEA & IDFC

Buy : UTV & RajTV

Buy : Lupin & GlenMark

Buy : Sail & Tisco

Buy : RNRL , NagarFert , IFCI &

Dark Horse : GlenMark , RNRL , TataTea , IDFC , IDEA , 3I & NagarFert

Bullet for the Day : Patni , RIL & Unitech with strict stop loss .