BSE
Support 17240/17110,
Resistance 17490/17635
NSE
Support 5060/5100,
Resistance5210/5250
Nifty consistently closes below 5175 then the bears will come out with daggers.The market is likely to continue to witness selling pressure .
MARUTI, Buy May Futures , Buy Above Rs 792 ,Tgt: Rs 820 / Rs 834 ,Sl: Rs 776 ,Lot size: 138
Reliance Inds., Buy May Call Option Strike price 2600, View: Bullish,
Buy Above 133 ,Tgt : Rs 149/ 157 ,Sl: 125 ,Lot size: 75.
Bombay Dyeing, Buy May Futures, View: Bullish
Buy Above 1055,Tgt: Rs 1090/ 1120 ,Sl:1030.10 ,Lot size: 300
CEAT LTD.
BUY ABOVE 134.5,SL 133.8,Tgt 142.3--149.6
S.SELL BELOW 133.45,SL 134.15,Tgt 127.1--118.6
USHAMARTIN
BUY ABOVE 102.3,SL 99.8,Tgt 108.15--114.6
S.SELL BELOW 99.5,SL 100.05,Tgt 93.85--85.5
Buy NIIT,cmp109,Sl 98 on Closing basis,TGT 120/125+
Ashok Ley can goup to Rs 49-50 in a week's time.CMP Rs 43.05
ITC with a stop loss of Rs 221 and a target of Rs 232
ALSO WATCH TTML,
TTML can go up to Rs 43-44 in a few weeks time,currently trading at Rs 37.85. DENA BANK DELIVERY TARGET Rs. 90
PFC is in an uptrend, so it is a hold at current levels,stock will face resistance at Rs 200.
AISHWARYA TELECOM IPO LISTING ON 07TH MAY, 2008 Issue Price: Rs. 35/- per share, EXPECTED OPENING Rs.60/- EXIT AT ABOVE 55-60.
Buy BOB Above @326Target 330-333 to 342. SSL314.
Buy POLARIS Above @110 Target115-119 to 130.SSL 96
Sell HEROHONDA Below @ 819 Target 812-800 to 776. SSL 851
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