intraday for 03-07-2008

#1
Today nifty closes at 4093. it is above its magic level of 4090. now we can believe that we may see the next resistance level at 4550. for tomorrow pivot level for nifty is 4016 if it will maintain this level than we can see 4184, 4275 and 4443 resistance level. And if it will trade below its pivot level than we can see 3925, 3757 and 3666 support level.

Buy call
PENINLAND buy above 54.40, tgt1-62, tgt2-67, tgt3-76, sl-49.50
ANSALINFRA buy above 74, tgt1-88, tgt2-97, tgt3-111, sl-64
BATAINDIA buy above 144, tgt1-159, tgt2-168, tgt3-183, sl-135

Sell call
CESC sell below 373, tgt1-355, tgt2-324, tgt3-305, sl-405
ITC sell below 180, tgt1-175, tgt2-171, tgt3-166, sl-185
DRREDDY sell below 656, tgt1-642, tgt2-624, tgt3-610, sl673


All these call are generated from mechanical trading system, so dont rely blindly on them. Take your own decision

Have a happy trading

nsetechnical
 

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