Intraday View For 17/03/08

Nifty: Resistance 4926/4966/4985/5028
Supports 4820/4800/4740

View: After good performance by Dow Jones, we too expecting a good opening. Now whole world is optimistic & we were optimistic since 4600 levels.( PROOF: you can go through our past posts where we were not advising shorts when same was adviced by others).
Strong hurdle is 5028, sustaining this level means 5200 is soon. Expect a gap up opening of 200-300 points on Sensex.

Now one serious point: I am Banning all those who were giving panic statements at our Homepage & Orkut community (Like 12500 by 15 April )…. I warned then also that there is no need to give such statements…. But some people just don’t understand .

Buy:
GMR INFRA: Above 149 SL 147 TGT 153.5+
REL Above 1335 SL 1320 TGT 1370+