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Shares for daytyrading on 28-05-2007
Sunday, May 27, 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 CARBORUNIV
1. TRADING DATA OF 5/25/2007
Close: 173.55 Volume: 4,146,072.00
2. TECHNICAL OUTLOOK FOR SHORT TERM:
MACD is at 1.503 & RSI is at 74.7404. The MACD is not in an Overbought/Oversold range. To view chart of CARBORUNIV click here.
3. TOMORROW'S LEVELS AT WHICH TO TRADE:
SECOND RESISTANCE: 197.03
FIRST RESISTANCE: 189.20
PIVOT POINT: 165.73
FIRST SUPPORT: 157.90
SECOND SUPPORT: 134.43
Target Review of CEAT
1. TRADING DATA OF 5/25/2007
Close: 169.70 Volume: 1,593,842.00
2. TECHNICAL OUTLOOK FOR SHORT TERM:
MACD is at 8.592 & RSI is at 68.8138. The MACD is not in an Overbought/Oversold range. To view chart of CEAT click here.
3. TOMORROW'S LEVELS AT WHICH TO TRADE:
SECOND RESISTANCE: 184.47
FIRST RESISTANCE: 179.55
PIVOT POINT: 166.77
FIRST SUPPORT: 161.85
SECOND SUPPORT: 149.07
Target Review of GARWALLROP
1. TRADING DATA OF 5/25/2007
Close: 137.45 Volume: 175,603.00
2. TECHNICAL OUTLOOK FOR SHORT TERM:
MACD is at 11.191 & RSI is at 73.6779. The MACD is not in an Overbought/Oversold range. To view chart of GARWALLROP click here.
3. TOMORROW'S LEVELS AT WHICH TO TRADE:
SECOND RESISTANCE: 150.69
FIRST RESISTANCE: 146.27
PIVOT POINT: 134.14
FIRST SUPPORT: 129.72
SECOND SUPPORT: 117.59
Target Review of NIITTECH
1. TRADING DATA OF 5/25/2007
Close: 604.85 Volume: 2,569,620.00
2. TECHNICAL OUTLOOK FOR SHORT TERM:
MACD is at 27.272 & RSI is at 78.7077. The MACD is not in an Overbought/Oversold range. To view chart of NIITTECH click here.
3. TOMORROW'S LEVELS AT WHICH TO TRADE:
SECOND RESISTANCE: 678.24
FIRST RESISTANCE: 653.77
PIVOT POINT: 592.39
FIRST SUPPORT: 567.92
SECOND SUPPORT: 506.54
Target Review of PATNI
1. TRADING DATA OF 5/25/2007
Close: 549.30 Volume: 1,586,907.00
2. TECHNICAL OUTLOOK FOR SHORT TERM:
MACD is at 23.710 & RSI is at 71.8350. The MACD is not in an Overbought/Oversold range. To view chart of PATNI click here.
3. TOMORROW'S LEVELS AT WHICH TO TRADE:
SECOND RESISTANCE: 591.04
FIRST RESISTANCE: 577.13
PIVOT POINT: 539.09
FIRST SUPPORT: 525.18
SECOND SUPPORT: 487.14
Target Review of PRAKASH
1. TRADING DATA OF 5/25/2007
Close: 63.65 Volume: 1,196,702.00
2. TECHNICAL OUTLOOK FOR SHORT TERM:
MACD is at 4.559 & RSI is at 79.5474. The MACD is in an overbought range. To view chart of PRAKASH click here.
3. TOMORROW'S LEVELS AT WHICH TO TRADE:
SECOND RESISTANCE: 70.33
FIRST RESISTANCE: 68.10
PIVOT POINT: 62.68
FIRST SUPPORT: 60.45
SECOND SUPPORT: 55.03
Target Review of PTC
1. TRADING DATA OF 5/25/2007
Close: 66.75 Volume: 1,191,328.00
2. TECHNICAL OUTLOOK FOR SHORT TERM:
MACD is at 0.685 & RSI is at 77.4220. The MACD is not in an Overbought/Oversold range. To view chart of PTC click here.
3. TOMORROW'S LEVELS AT WHICH TO TRADE:
SECOND RESISTANCE: 72.56
FIRST RESISTANCE: 70.63
PIVOT POINT: 64.81
FIRST SUPPORT: 62.88
SECOND SUPPORT: 57.06
Target Review of TORNTPHARM
1. TRADING DATA OF 5/25/2007
Close: 252.70 Volume: 223,376.00
2. TECHNICAL OUTLOOK FOR SHORT TERM:
MACD is at 4.929 & RSI is at 88.0304. The MACD is not in an Overbought/Oversold range. To view chart of TORNTPHARM click here.
3. TOMORROW'S LEVELS AT WHICH TO TRADE:
SECOND RESISTANCE: 307.23
FIRST RESISTANCE: 289.05
PIVOT POINT: 234.53
FIRST SUPPORT: 216.35
SECOND SUPPORT: 161.83




