June 13, 2008

Intraday View For 13/06/08

NIFTY:Resistance 4555/4578/4602/4628-4650
Supports 4499/4468/4400

View: As expected, Nifty bounced from lower levels yesterday on back of good IIP data & short covering in later part.All eyes on Inflation data today. We expect that it may come little up again.So be cautious till data is out.

Buy:
Rajesh Expo: Abv 79.5 Sl 78 Tgt 82-83.7
Chambal Fert: Abv 84 Sl 83 Tgt 86-87.8

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