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Shares for daytrading on 14-05-2007
Monday, May 14, 2007
These calls are not recommended for beginners in share trading. Users of this call are advised here that the calls posted here will have two way movement on the long and short side for daytrading and are requested to trade with strict stoploss. All should consult their analysts before trading in these calls. Due to various factors affecting the market the result of this call will vary.
Target Review of ADHUNIK (ADHUNIK)
1. TRADING DATA OF 5/11/2007
Close: 59.05 Volume: 2,921,656.00
2. TECHNICAL OUTLOOK FOR SHORT TERM:
The MACD is not in an Overbought/Oversold range.
3. TOMORROW'S LEVELS AT WHICH TO TRADE:
SECOND RESISTANCE: 64.34
FIRST RESISTANCE: 62.58
PIVOT POINT: 57.29
FIRST SUPPORT: 55.53
SECOND SUPPORT: 50.24
Target Review of RENUKA (RENUKA)
1. TRADING DATA OF 5/11/2007
Close: 526.80 Volume: 1,196,180.00
2. TECHNICAL OUTLOOK FOR SHORT TERM:
The MACD is not in an Overbought/Oversold range.
3. TOMORROW'S LEVELS AT WHICH TO TRADE:
SECOND RESISTANCE: 602.59
FIRST RESISTANCE: 577.32
PIVOT POINT: 518.74
FIRST SUPPORT: 493.47
SECOND SUPPORT: 434.89
Target Review of RPL (RPL)
1. TRADING DATA OF 5/11/2007
Close: 86.35 Volume: 29,524,972.00
2. TECHNICAL OUTLOOK FOR SHORT TERM:
The MACD is not in an Overbought/Oversold range.
3. TOMORROW'S LEVELS AT WHICH TO TRADE:
SECOND RESISTANCE: 92.76
FIRST RESISTANCE: 90.63
PIVOT POINT: 84.81
FIRST SUPPORT: 82.68
SECOND SUPPORT: 76.86
Target Review of NDTV (NDTV)
1. TRADING DATA OF 5/11/2007
Close: 379.85 Volume: 1,128,040.00
2. TECHNICAL OUTLOOK FOR SHORT TERM:
The MACD is not in an Overbought/Oversold range.
3. TOMORROW'S LEVELS AT WHICH TO TRADE:
SECOND RESISTANCE: 412.21
FIRST RESISTANCE: 401.42
PIVOT POINT: 373.21
FIRST SUPPORT: 362.42
SECOND SUPPORT: 334.21
Target Review of PAGEIND (PAGEIND)
1. TRADING DATA OF 5/11/2007
Close: 468.00 Volume: 7,354,033.00
2. TECHNICAL OUTLOOK FOR SHORT TERM:
The MACD is not in an Overbought/Oversold range.
3. TOMORROW'S LEVELS AT WHICH TO TRADE:
SECOND RESISTANCE: 550.35
FIRST RESISTANCE: 522.90
PIVOT POINT: 461.45
FIRST SUPPORT: 434.00
SECOND SUPPORT: 372.55
Target Review of REDINGTON (REDINGTON)
1. TRADING DATA OF 5/11/2007
Close: 172.95 Volume: 3,541,934.00
2. TECHNICAL OUTLOOK FOR SHORT TERM:
The MACD is in an overbought range.
3. TOMORROW'S LEVELS AT WHICH TO TRADE:
SECOND RESISTANCE: 199.61
FIRST RESISTANCE: 190.72
PIVOT POINT: 173.01
FIRST SUPPORT: 164.13
SECOND SUPPORT: 146.41
Target Review of BANKRAJAS (BANKRAJAS)
1. TRADING DATA OF 5/11/2007
Close: 54.20 Volume: 8,904,146.00
2. TECHNICAL OUTLOOK FOR SHORT TERM:
The MACD is in an overbought range.
3. TOMORROW'S LEVELS AT WHICH TO TRADE:
SECOND RESISTANCE: 62.19
FIRST RESISTANCE: 59.52
PIVOT POINT: 52.29
FIRST SUPPORT: 49.62
SECOND SUPPORT: 42.39
Target Review of DCB (DCB)
1. TRADING DATA OF 5/11/2007
Close: 90.20 Volume: 6,300,614.00
2. TECHNICAL OUTLOOK FOR SHORT TERM:
The MACD is in an overbought range.
3. TOMORROW'S LEVELS AT WHICH TO TRADE:
SECOND RESISTANCE: 104.38
FIRST RESISTANCE: 99.65
PIVOT POINT: 89.18
FIRST SUPPORT: 84.45
SECOND SUPPORT: 73.97