Wednesday, May 16, 2007

Daily News Letter for 15th May 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: 4134.30 Resistance@ 4155 - 4160, 4185 - 4190 and Supports @ 4110, 4120, 4090, 4070 and 4050.

Market Outlook: Market is expected to remain volatile. Bears will try to set panic again, But bulls will run at the end of day. Nifty move above 4160 is expected to touch 4185-4190 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

RAJESH EXPO - (426.50)

Buy CASH/FUT At 425 -430

442

458

420

CROMP. GREAVES - (225.70)

Buy CASH/FUT At 224-226

232

244

222

PRAJ IND – (498.15)

Buy CASH/FUT At 496-502

509

519

489

PATNI COMP – (490.40)

Buy CASH / FUT AT 488 – 493

501

511

483

CUMMINS IND – (314.85)

Buy CASH / FUT AT 312 – 316

321

327+

311

PNB – (535.80)

Buy CASH / FUT AT 533 – 538

544

553

530

AUROPHARMA – (716.15)

Buy CASH / FUT AT 714 – 719

730

743

708

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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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