Morning Call - Aug 17 2007

Market Grape Wine :

In House :

Nifty at a supp of 4142 and 4092 levels with resistance at 4245 and 4310 levels .

Gap down opening .

Sell : Intraday : Unitech below 456 with s/l 471

Buy : Intraday : Bongaigaon above 57.5 target 61 s/l of 55

Out House :

Markets at a support of 14235 & 14171 levels with resistance at 14515 & 14646 levels .

Markets to correct more sell at every rise and book profit and reduce position .

Buy : SBIN at dips

Buy : RIL & REL at dips

Buy : IFCI & IDBI at dips

Buy : ITC at dips

Buy : Gacl at dips

Dark Horse : IDBI , ITC , SBIN , ONGC , Gacl & INFY & REL

TGIF : Thank God Its Friday : Markets at correction mode sell high buy low call for the day .