Morning Call - Aug 22 2008

Market Grape Wine :

In House:

Nifty at a support of 4240 and 4180 with resistance at 4350 and 4415 levels.

Cash: Sell REL INFRA target 910 with S/L 975.

Cash: Buy SBIN target 1360 with S/L 1295.

Future: Buy ABB above 880 target 905 with S/L 871

Future: Sell BPCL below 301 targets 285 with S/L 310.

Out House:

Markets at a support of 14041 & 13883 and resistance at 14523 & 14786 levels .

Buy : Infy at dips

Buy : LNT at dips

Buy : Coreproject

Buy : IBullReal at dips

Buy : HP at dips

Buy : NeyvelliLig & NTPC

Buy : Aftek at dips

Buy : SBIN at dips

Buy : Relcap

Dark Horse : RelCap , RIL , Core , NTPC , HP , Infy , & M&M

TGIF : Thank God Its Friday : Markets to remain choppy and volatile maintain strict stop loss for your trades .