March 26, 2008

Intraday Calls For 26/03/08

Nifty: Support 4800/4657/4623/ 4517
Resistance 4937/4970/ 5035/5077/5183


View: If you refer to our past few days posts about our view on Nifty, then you may have noticed that we were accurate in all aspect to judge the movement in Nifty.Yesterday our all calls rocked as usual. As of now, Nifty yesterday closed at resistance, lets see if its able to sustain this level or not. Nifty may open flat/negative but buying may be seen at lower levels due to short covering.

Buy:
L&T Above 3080 sl 3050 TGT 3120-3150+
GAIL Above 438 sl 434 TGT 442 - 446+

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