Stock Outlook

NIFTY/ SENSEX ! Nifty - Bounce back from anticipated Support Levels - Likely to face Resistance @ 4095-4110 Falling Oil Prices !!!! - Oil /Petro/ Auto/ Manufacture Stocks to rise Further CAUTION - Volatile Days Ahead /Book EST Profit to Re-Enter Next week
ASHOK LEYLAND ! Highly Oversold and Ripe for Technical Recovery to 38.25-38.50 / Buy Gradually on declines
SATYAM COMP ! Bearish But Oversold in Hourly Charts - EST Charts favour Recovery to 456 and 468
IND CEM ! Mildly Bullish in Extreme Short Term Charts - Close above 184 will Target 191-192 in Few Hours
RELIANCE CAPITAL ! Intraday Bullish Targets of 800+ Achieved / EST Charts favour further Rise to 825+
TATA STEEL ! Minor Resistance @ 565-566 / Bullish Crossover with Volumes to Target 580+ in Near Term
PARSVNATH ! Short Term resistance @ 322-325 / Bullish Breakout withVolumes will Target 337+ in Near Term
HIND LEVER ! Enters Oversold Zones in Hourly Charts - Buy Gradually on declines with SL for EST Target of 197+
INFOSYS ! Bullish Indications in Hourly Charts - Use Corrective Declines to Buy with SL for Target of 2007-2010
APTECH TRAINING ! Bullish Pattern in Making - Likely to Cross 326-328 in Few Hours
TATA MOTORS ! EST Resistance at 727-728 - Bullish Crossover to target 742-744 in Few Hours
S U Z L O N ! Short Term Resistance @ 1255 - Bullish XCrossover with Volumes will Target 1330-1335
MAH & MAH ! Highly Oversold in Hourly Charts - EST Charts favour of Technical Recovery to 572 and 585
3 I INFOTECH ! Breakout from Bullish Pattern - Likely to Cross 310+ in Few sessions
HIND ZINC ! Highly Oversold in Hourly Charts - Buy Gradually on declines with SL for Target of 720+
ERA CONST. ! Extreme Short Term Charts in favour of rise to 365-368 / Buy Gradually on declines with SL
MID DAY MULTIMEDIA ! Highly Oversold in Extreme Short Term - Buy gradually on Declines for Target of 47.25-47.50
DCM SHRIRAM CONSOL. ! Bearish Breakout in Daily Charts - Indicators Favour further decline to 65-67 in coming Days
N D T V ! Short Term resistance @ 360 - Bullish Crossover with Volumes to target 400+ in coming Sessions
PARAMOUNT . ! Breakout from Bullish Pattern in Daily Charts - Indicators are in favour of Rise to 36-37 in Few Days
KALYANI STEEL ! Short Term Charts in favour of Rise to 425-427 in Few Sessions - Buy on declines
UNITECH ! On Verge of Highly Powerful Breakout - Likely to Cross 550+ on Confirmation

Positional Calls. Declines are buy. Rally are sell.

Ind Cement Short Term If Close>184+SL 191-192
DCM Sh Consol. Short Term On Rally+SL 66-68
Tata Steel Short Term If Close>565+SL 580+
Satyam Comp Short Term On Declines+SL 456 & 468
Suzlon Short Term On Declines+SL 1325-1330
Unitech Med/Long Term Use SL of 425 550+
M&M Short Term On Declines+SL 772-785

Recommendations for 10.05.2007

Opening Price is considered around close of previous day. Avoid BUYING if Prices open abnormally High and Avoid SELLING if prices open too low.

1). Ind Cement (or Fut) : Buy 1500 Shares (700 at opening @ Prv Close + 4x200 at Fall of every Rs1/- ) in ' Trading A/C' . Target 192.Avg SL Rs7/-.
2). Tata Steel (Or Fut) : Buy 1000 Shares (500 at opening if stays above 565 + 5x100 at Fall of every Rs2/- ) in ' Trading A/C' . Target 580.Avg SL Rs10/-.
3). Satyam (or Fut) : Buy 1000 Shares (500 at opening @ Prv Close + 5x100 at Fall of every Rs2/- ) in ' Trading A/C' . Target 468.Avg SL Rs8/-.
4). M & M (Or Fut) : Buy 1000 Shares (500 at opening @ Prv Close + 5x100 at Fall of every Rs2/- ) in ' Trading A/C' . Target 780.Avg SL Rs10/-.


Every call given here has to be traded with a stop loss.