Wednesday, May 9, 2007

Daily News Letter for 10-5-2007

!!!Om Shree Sadguru Dev Namah!!!!!!!!!!
!!!
Om Shree Parsvantha Bhagwan Namah!!!!
!!!
Om Shree Mahalaxmi Maat Ki Jai!!!

This publication has been prepared solely for information purpose and does not constitute an offer or a solicitation to any person to buy or sell a security. While the information contained therein has been obtained from sources believed to be reliable, investors are advised to satisfy themselves before making any investments. I do not bear any responsibility for the authentication of the information contained in the post & consequently,are not liable for any decisions taken based on the same. Further, My reports only provide information updates and analysis.
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NIFTY: Prev, Close: 4079.30 Resistance@ 4110 - 4120, 4145 - 4155 and Supports @ 4070, 4050, 4020.

Market Outlook: Market is expected to open on very strong and with Positive Bias. Nifty move above 4120 is expected to touch 4145-4150 and will Continue to Move Towards our TGT if 4217.

iNtrA – DaY (Only for Today)

SCRIPTS (CMP)

TRADING LEVEL

TGT 1

TGT 2 – TGT3

SL BELOW

IVRCL INFRA - (293.35)

Buy CASH/FUT At 293 -295

299

305 -309

290

GMR INFRA - (436.70)

Buy CASH/FUT At 434 -438

444

452

430

BHARTI AIRTEL – (825.60)

Buy CASH/FUT At 823-829

835

844+

819

CENTURY TEXTILE – (584.70)

Buy CASH / FUT AT 582 – 588

599

615 – 625

577

BANK OF INDIA – (194.05)

Buy CASH / FUT AT 193 – 195

199

205+

190.5

BEL – (1654.40)

Buy CASH / FUT AT 1645 – 1660

1690

1715 – 1745+

1635

BHEL – (2449.10)

Buy CASH / FUT AT 2440 – 2460

2490

2525+

2424

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Good Luck,

Disclaimer : Trade -Profit has taken due care and caution in compilation of data for its members. Information has been obtained by the company from sources which it considers reliable. We might not hold any positions in above stocks in Cash/ Derivatives. However, Trade-Profit does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. Trade-Profit especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its News Letter or website. You are responsible for your own investment decisions. Trade-Profit will not be responsible for any errors or omissions in articles or postings, for hyperlinks embedded in messages, or for any results obtained from the use of such information.

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