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Thursday, March 08, 2007

InvestsmartIndia - Morning Call


Market Grape Wine :

In House :

Nifty at a support of 3550 & 3580 with resistance at 3720 & 3745 levels .

Reduce your position at all higher levels as markets to see selling at
higher levels .

Buy : DrReddy

Sell : Bank of India

Buy : Bharti in F&O with stop loss


Out House :

Sensex at a support of 12414 & 12345 levels with resistaance at 12656 &
12786 levels .

Buy : RIL at dips

Buy : ONGC at dips

Buy : INFY at dips

Buy : Glenamrk at 510 s/l 504 target 532 levels

Buy : ABB at dips

Markets to be choppy and volatile maintain strict stop loss with selling at
higher levels not ruled out .

Sensex might try 11800 levels in short term so be cautious and liquidate
your positions at all levels .

Dark Horse : RIL , ONGC , Bharti , EKC , Praj & ABB