Markets For 27/07/2009

NIFTY (4568.55)

Resistance : 4595 / 4625 / 4640 / 4680

Support : 4550 / 4525 / 4500 / 4465 / 4445

SENSEX (15378.96)

Resistance : 15475 / 15580 / 16045

Support : 15225 / 15100 / 14960

NIFTY FUT (4575)

Resistance : 4585 / 4605 / 4655 / 4710 / 4795

Support : 4520 / 4465 / 4420 / 4395 / 4340

MKT COMMENTS

NIFTY FUT OI (both series) up with decreasing volumes indicating forming of long positions. NIFTY Has Supports@ 4430 & 4380 (39 DMA)

We expect NIFTY FUT to trade volatile.

Results On 27/08/2009 :

NTPC / DABUR / TITAN / AREVA / KARNATAKA BNK / BALRMPUR CHINI / CBI / CADILA / GUJ ALKALI / CENTURY TEXTILES / HTMEDIA

On Monday,Opening Is Flat To Up,

Buy NIFTY Above 4575,S Below 4555,Tgt 4595/4615/30/55/75/90

Sell NIFTY Below 4550,Sl Above 4570,Tgt 4530/10/4495/70/50/35

Some Stocks With Market Sources :

ACC: Stock Moved Down After Good Results. Only Above 870/80,Stock Is In Bullish Zone

BALRAMCHINI : Is In Bullish Zone,Can Be Bought On Dips

BHARATFORGE : Stock Is Bullish Zone.For Long Positional Holders, Hold With Sl 145

GITANJALI : Above 105/10 Will Be In Bullish Zone

LNT : Below 1600 Is In Bearish Zone

NTPC : Is In Bullish Zone,Can Be Bought On Dips

STERLING BIOTECH : Above 105,Next Tgt 115/25

BUY (Positional)

INDIANHOTEL Above 65,Sl 60,Tgt 70/75/80

MERCATOR,Sl 55,Tgt 65/70/75

APTECH Above 165,Sl 160,Tgt 170/75/80/85+

PANTALOONR (523574),Sl 280,Tgt 295/305/15+

BHARATFORGE (500493),Sl 175,Tgt 185/95/205/15+

MATRIXLABS Above 210,Sl 195,Tgt 225/35/45/55

GMRINFRA,Tgt 180/85/90/95

GVKPIL,Tgt 45/50/55

ERAINFRA,Tgt 160/65

HEG,Tgt 250/60/70

ASTRAMOCRO,Tgt 75/80/85

WELSPUNGUJ,Tgt 275/80/85/90/95+

INTRADAY

Buy

ITC Above 230,Sl 225,Tgt 235/40

RENUKA Above 150,Sl 145,Tgt 155/60

RELINFRA,Sl 1150,Tgt 1165/75/85

SUZLON,Sl 100,Tgt 105/10/15

Sell

SBIN (1699),Sl Above 1715,Tgt 1685/75/65

HDFC

Buy Above 2430,Sl 2410,Tgt 2445/70/90+

Sell Below 2405,Sl 2425,Tgt 2395/70/45+

INDIAINFO

Buy Above 124,Sl 122.Tgt 127/29/31

Sell Below 121,Sl 123,Tgt 118/16/14

RPL

Buy Above 130,Sl 125,Tgt 135/40/45

Sell Below 125,Sl 130,Tgt 120/15/10

MHRIL

Buy Above 380,Sl 375,Tgt 385/90/95

Sell Below 375,Sl 380,Tgt 370/65/60

RCOM

Buy Above 275,Sl 270,Tgt 280/85/90/95

Sell Below 275,Sl 20,Tgt 270/65/60/55

FUTURES

Buy M&M July@ 830/35,Sl 825,Tgt 840/45/50/55/60/65/70/75/80/85/90/95+ (Lot Size : 312)

Sell INDIAINFO July Below 125,Sl 127,Tgt 122/20/18.8/17.6/16.4/15/13.7+ (Lot Size : 2500)