Markets For May 15,2008

Nifty
Resistance:5031-5060-5073-5100
Supports: 5000-4963-4945-4900-4873-4850
5100 IS RESISTANCE,V EXPCT MKT TO FLIRT 5100 LEVEL n GAp up
NIFTY STRATEGY:
BUY NIFTY@opening SL@4980 TGT : 5050-5065- 5100-5200.
Sell with SL 5005 tgt 4950-4900 Below 4980

GEOMETRIC
TP 58.5,SL 57,Tgt 60--63.5

MARICO
TP 65.55,SL 65.25,Tgt 67.7--70.7

KABRAEXTRUSIONS
BUY ABOVE 147.5,SL 146.7,Tgt 155.83--164.5
S.SELL BELOW 146.4,SL 147.15,Tgt 138.75--129.7

BIHARTUBES

BUY ABOVE 180.2,SL 179.3,Tgt 183.5--188.4
S.SELL BELOW 178.8,SL 179.7,Tgt 175.2--170.9

OMNITECH..:Buy ab. 194.90, SL 193.50, TAR: 204-214 (huge volume seen the stock)

STRONG BUY: :.. BHARTI ARTL Buy above 844 Stoploss 832 for Targets of 863-870.

BUY ESSAROIL@260 SL@256 ,TGT:280

BUY CHAMFER 70.5/71,SL-69.45,TGT 74,77

Buy IVRCL 421/22,SL-414.45,TGT 438,455

BUY REL 1412/15,SL-1399.45,TGT 1460/1500

Buy INFOSYS 1810/15,SL-1789.45,TGT1865

BUY TCS 955/58,SL-944.45,TGT 1000/1030

Buy AXISBK 865/66 SL-858.45,TGT 880,895

BUY LT 2828,SL-2805,TGT-2860/2890/2950

Buy STERLITE 850/51, SL-842.45,TGT 875,890.

DRREDDY BUY: Ab. 658, sl-653, tar:696-704-712-720.

Zee tel sl 232 tg 245

Buy bhusaln steel for 2-3days sl 765 t 830-840

Jindal sow buy at 590 tg 625

Buy KTKBANK @ Above 213 Target 217-220 to 229. SSL 201.

Buy NETWORK 18 @ Above 258 Target 271-284 to 315. SSL 216

Buy Welspun India@59 SL 57 Tgt 65,

Omnitech@196 SL 193 Tgt 205,

Hindustan Zinc@738 SL 730 Tgt 750

DLF:B:623 T1:633 SL:617 (BUY FOR POSTIONAL T2:669 SL:595)

HEROHONDA:B:ABVE 820 T1:835 SL:809

Cairn:s:285 TGT:290-295 SL:278

RPL:B:184 T1:182 SL:189

Buy LUPIN Abv 582 T: 598-612 SL 534

CORPBANK Abv 341 T:348-355 SL 320

DIVISLAB Abv 1428 T:1468-1506 SL 1305

HPCL Abv 237 T:241-246 SL 224.

Buy NETWORK18 Abv 258 T:271-284 SL 216

I-FLEX

Action TriggerPrice Stop Loss Target 1 Target 2
BUY ABOVE 1390 1365 1421 1460
S.SELL BELOW 1355 1370 1330 1280

TATACHEM
Action Trigger Price StopLoss Target 1 Target 2
BUY ABOVE 350 344 355 363
S.SELL BELOW 341 346 337 326

RCOM
Action Trigger Price Stop Loss Target 1 Target 2
BUY ABOVE 560 549 571 585
S.SELL BELOW 546 555 538 520

Keep eye on 531642 Marico Ltd TOday Volume in bse 77,34,309 & Delivery 95.95% OF Total Volume.

ALSO KEEP EYE ON 532684 Everest Kanto Cylinder Ltd IF CROSS 357-359 Then Good upside expected.

Midcap IT space, Polaris seems to have bottomed out,SL 90-91, it can give decent gains. Once NMDC closes above Rs 1,550..SEE GOOD RALLY...

Buy HCL Tech above 305 Target 312 Stoploss 298

Delivarycall

Mavana sugar sl 45 tg 58-65 8day

Gitanjali sl 280 tg 310

Lanco buy at 490 tg 550

Tata motors sl 660 tag 700

Siemens sl 570 tg 620 3-4 days

DELIVERY BUY IL&FS INVEST.. GOOD NEWS COMING.. SL4% TGT10-20% IN 2 WEEKS

BUY CAIRN INDIA AT LOWER LEVELS ONE YEAR TARGET IS 321-361-425 LONG TREM SUPPORT AT 240 SO BUY IN DIPS.

Sandur manganese eyes 600 crore profit or eps of Rs 750/- ..price target 4000..strong buy

Buy : Sonata software

Cmp : 37 , Target : 58 , Returns : 50% , Time : 5-6 month