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Shares for daytrading on 29-05-2007

Monday, May 28, 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 AVAYAGCL

1. TRADING DATA OF 5/28/2007

Close: 358.05 Volume: 369,976.00

2. TECHNICAL OUTLOOK FOR SHORT TERM:

MACD is at 8.179 & RSI is at 76.8125. The MACD is not in an Overbought/Oversold range. To view chart of AVAYAGCL click here.

3. TOMORROW'S LEVELS AT WHICH TO TRADE:

SECOND RESISTANCE: 398.40
FIRST RESISTANCE: 384.95
PIVOT POINT: 344.60
FIRST SUPPORT: 331.15
SECOND SUPPORT: 290.80

Target Review of INDIAINFO

1. TRADING DATA OF 5/28/2007

Close: 571.10 Volume: 4,373,274.00

2. TECHNICAL OUTLOOK FOR SHORT TERM:

MACD is at 19.904 & RSI is at 76.3607. The MACD is not in an Overbought/Oversold range. To view chart of INDIAINFO click here.

3. TOMORROW'S LEVELS AT WHICH TO TRADE:

SECOND RESISTANCE: 801.28
FIRST RESISTANCE: 724.55
PIVOT POINT: 592.28
FIRST SUPPORT: 515.55
SECOND SUPPORT: 383.28

Target Review of NIRMA

1. TRADING DATA OF 5/28/2007

Close: 198.80 Volume: 127,546.00

2. TECHNICAL OUTLOOK FOR SHORT TERM:

MACD is at -0.501 & RSI is at 78.3189. The MACD is not in an Overbought/Oversold range. To view chart of NIRMA click here.

3. TOMORROW'S LEVELS AT WHICH TO TRADE:

SECOND RESISTANCE: 222.65
FIRST RESISTANCE: 214.70
PIVOT POINT: 190.85
FIRST SUPPORT: 182.90
SECOND SUPPORT: 159.05

Target Review of AIAENG

1. TRADING DATA OF 5/28/2007

Close: 1,622.45 Volume: 172,095.00

2. TECHNICAL OUTLOOK FOR SHORT TERM:

MACD is at 66.213 & RSI is at 77.9171. The MACD is in an overbought range. To view chart of AIAENG click here.

3. TOMORROW'S LEVELS AT WHICH TO TRADE:

SECOND RESISTANCE: 1,739.04
FIRST RESISTANCE: 1,700.17
PIVOT POINT: 1,620.14
FIRST SUPPORT: 1,581.27
SECOND SUPPORT: 1,501.24

Target Review of DIVISLAB

1. TRADING DATA OF 5/28/2007

Close: 4,923.10 Volume: 274,661.00

2. TECHNICAL OUTLOOK FOR SHORT TERM:

MACD is at 290.903 & RSI is at 88.7076. The MACD is in an overbought range. To view chart of DIVISLAB click here.

3. TOMORROW'S LEVELS AT WHICH TO TRADE:

SECOND RESISTANCE: 5,129.20
FIRST RESISTANCE: 5,060.50
PIVOT POINT: 4,893.30
FIRST SUPPORT: 4,824.60
SECOND SUPPORT: 4,657.40

Target Review of EASUNREYRL

1. TRADING DATA OF 5/28/2007

Close: 862.25 Volume: 102,817.00

2. TECHNICAL OUTLOOK FOR SHORT TERM:

MACD is at 30.718 & RSI is at 77.7515. The MACD is in an overbought range. To view chart of EASUNREYRL click here.

3. TOMORROW'S LEVELS AT WHICH TO TRADE:

SECOND RESISTANCE: 939.61
FIRST RESISTANCE: 913.82
PIVOT POINT: 871.91
FIRST SUPPORT: 846.12
SECOND SUPPORT: 804.21

Target Review of THERMAX

1. TRADING DATA OF 5/28/2007

Close: 479.85 Volume: 138,446.00

2. TECHNICAL OUTLOOK FOR SHORT TERM:

MACD is at 13.086 & RSI is at 74.4263. The MACD is in an overbought range. To view chart of THERMAX click here.

3. TOMORROW'S LEVELS AT WHICH TO TRADE:

SECOND RESISTANCE: 521.21
FIRST RESISTANCE: 507.42
PIVOT POINT: 474.71
FIRST SUPPORT: 460.92
SECOND SUPPORT: 428.21

Target Review of UNIVCABLES

1. TRADING DATA OF 5/28/2007

Close: 115.60 Volume: 267,457.00

2. TECHNICAL OUTLOOK FOR SHORT TERM:

MACD is at 3.535 & RSI is at 83.1692. The MACD is in an overbought range. To view chart of UNIVCABLES click here.

3. TOMORROW'S LEVELS AT WHICH TO TRADE:

SECOND RESISTANCE: 129.77
FIRST RESISTANCE: 125.05
PIVOT POINT: 110.88
FIRST SUPPORT: 106.15
SECOND SUPPORT: 91.97

Posted by FR at 8:41 PM  

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IMPORTANT DISCLAIMER

Investment in equity shares has its own risks. Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that we consider reliable. I, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred based upon it.& take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations given in this blog.