Morning Call - May 22 2008

Market Grape Wine :

In House :

Nifty at a support of 5056 and 4990 and resistance at 5140 and 5170 levels .

Buy : intraday INFY above 1850 target 1900 s/l of 1830

Buy : intraday LUPIN above 685 target 699 s/l of 674

Buy : in F&O : IFCI above 63.5 target 70 s/l of 60.5

Sell : in F&O SUZLON below 310 target 295 s/l of 316

Out House :

Markets at a support of 16969 & 16786 and resistance at 17272 & 17373 levels .

Buy : INFY at dips

Buy : RPL & RIL at dips

Buy : Bhel at dips

Buy : RPower

Buy : BombayDye

Buy : Coreproject

Buy :GujNre

Buy : Adlab& Centurytex

Buy : Cairn & Suzlon at dips

Dark Horse : BombayDye , Emami , IFCI , CORE, , GujNRE & Cairn