June 02, 2008

Intraday View For 02/06/08

NIFTY:Resistance 4890/4935/4975/5000
Supports
4860/4835/4800/4771

View: Nifty In Oversold Area. Can See A Good Upmove If 4800 Is Sustained. 4872-4882 is resistance zone on upside. Trade with cautious & do not trade with leverage position.

BUY:
JPASSOC: ABV 215 SL 210 TGT 226-228
HCC: ABV 120.5 SL 117 TGT 123+

SHORT:
ESSAR OIL Below 225 SL 230 TGT 217

Targets are indicative , Plz book accordingly.

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