Trading Calls for 28th May 2007
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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: 4246.20 Resistance@ 4275 – 4280 , 4290, 4300 and Supports @ 420, 4220, and 4200.TGT 4500 (This Rally TGT)
SENSEX: Prev, Close: 14338.50 Resistance@ 14485 – 14500 , 14600, 14800 and Supports @ 14090, 13800, and 13680. TGT 15200 (This Rally TGT)
Market Outlook: Market is expected Open in Gap on positive side and that to remain volatile. Nifty is expected to touch all time high and to close all time high once again. Nifty move above 4300 keep trailing sl of 4290 and hold to longs 4225-4233 and will Continue to Move Towards our TGT of 4500.
Stocks to Watch: Buy Candidate REL, Reliance Cap, Bhel, Century Text, Tata Steel, IOC, Glaxo, AsianElec, Jet Airways. Sail
Short Candidate: Air
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