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Wednesday, March 19, 2008

Morning Call - March 19 2008


Market Grape Wine :

In House :

Nifty at a support of 4530 and 4450 with resis at 4610 and 4703. Any upside should be used as an opportunity to exit

Cash: Buy DIVISLAB above 1174 with a TGT of 1225 and a SL of 1160

Buy Reliance Ind above 2151 with a TGT of 2225 and a SL of 2119



F&O: Buy Tatamotor above 625 with a TGT of 640 and a SL of 617

Buy Indiacement above 174 with a TGT of 184 and a SL of 170







Out House :

Fed cutting Int Rate by .75 % just a damage control excercise for the US economy .

Selling to persist at higher levels as long week end ahead .

Markets at a support of 14678 & 14786 and resistance at 15215 & 15432 levels .

Buy : Ongc & Gail

Buy : RIL & Relcap

Buy : HLL & ITC

Buy : LT & Bhel

Buy : HDFC

Buy : Nalco & MTNL

Dark Horse : Rel , Aban , Skumar ONGC , Kohinoor , RIL , LT , ITC & HLL