Morning Call - Nov 2 2007

Market Grape Wine :

In House :

Nifty at a supp of 5700 and 5789 .

Gap down opening expected. Outlook to stay positive till Nifty stays above 5700

Intra Day: Sell Bhel below 2599 with a TGT of 2518 and a SL of 2638

Sell ACC below 1053 with a TGT of 1015 and a SL of 1080

F&O: Sell Aptech below 351.50 with a TGT of 335 and a SL of 357

Sell JP associates below 1377 with a TGT of 1330 and a SL of 1396



Out House :

Markets at a support of 18981 & 19291 levels with resistance at 19786 & 19891 levels .

Maintain strict stop loss for your trades as markets to be very choppy and volatile .

Buy : RIL at dips

Buy : REL & RPL at dips

Buy : JpAsso at dips

Buy : RComm at dips

Buy : ONGC at dips

Buy : IBUlls at dips

Buy : Centextile at dips

Buy : Aban at dips

Dark Horse : ABAN ,REL , Adlabs ,ONGC , RIL , Centextile , JPASSO & SBIN

TGIF : Thank God Its Friday : Markets in correction mode book profits at higher levels .