Daily News Letter for 3rd 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: 4087.93 Resistance@ 4120, 4140, 4160 and Supports @ 4070, 4050, 4020, 3980.

SENSEX: Prev. Close: 13872.10 Resistance@ 14100, 14200, 14400 and Supports @ 13700, 13600, 13450.

Sensex Range for Next Two Days 13800-14200 above which it will touch 14400 Bel 13800 should find support @ 13600;

Results Today: Kansai Nerolac, Century Enka, HDFC, RS Software, Century , Colgate , Info Edge, Aditya BirlaNuvo, Sonata, United Phos,Venkys, GTL Infra, IFCI, DCB, Coromandel Fert , Tata Sponge , Eicher Motors,Varun Shipping, Orchid,Uniphos Enter., Ennore Foundrie.

Results Tommorow ( 4-5-2007): GSFC, Ashok Leyland, Guj Alkali, HT Media, Hindalco, GE Shipping

Market Outlook: Market is expected to open on very strong and with Positive Bias. Nifty move above 4120 is expected to touch 4150-4160.

iNtrA – DaY (Only for Today)
SCRIPTS (CMP)	TRADING LEVEL	TGT 1	TGT 2	SL BELOW
IVRCL INFRA - (320.75)	Buy CASH/FUT At 319 -322	329	337	316
GMR INFRA - (423.45)	Buy CASH/FUT At 421 -427	436	449	419
MARUTI – (806.10)	Buy CASH/FUT At 804- 810	816	825	799
BHARTI AIRTEL – (802.40)	Buy CASH/FUT At 800-804	811	819	795
RELIANCE COMM – (477.10)	Buy CASH / FUT AT 476 – 481	490	502	466
RELIANCE CAPITAL – (712.65)	Buy CASH / FUT AT 710 – 716	722	729+	708
ACC – (839.20)	Buy CASH / FUT AT 835 – 842	855	864	829
TECH MAHINDRA – (1589.40)	Buy CASH At 1580 – 1590			1575
HTMEDIA – (190.65)	Buy CASH with 2% SL			184 or 1%
DCHL – (203.60)	Buy CASH with 2% SL			194 or 1%
NAUKRI – (778.65)	Buy CASH with 2% SL			758 or 1%
ZEE – (293.85)	Buy CASH / FUT AT 291 – 296	300	307	287

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