For updates visit

Shares for Daytrading on 25 May

Friday, May 25, 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 ORBITCORP (ORBITCORP)--------------------------------------------------------------

1. TRADING DATA OF 5/24/2007

Close: 208.70 Volume: 1,464,750.00

2. TECHNICAL OUTLOOK FOR SHORT TERM:

MACD is at 15.636 & RSI is at 98.4362. To view chart of ORBITCORP click here.

3. TOMORROW'S LEVELS AT WHICH TO TRADE:

SECOND RESISTANCE: 243.27
FIRST RESISTANCE: 231.75
PIVOT POINT: 200.88
FIRST SUPPORT: 189.35
SECOND SUPPORT: 158.48

Target Review of DIVISLAB (DIVISLAB)--------------------------------------------------------------

1. TRADING DATA OF 5/24/2007

Close: 4,727.65 Volume: 545,656.00

2. TECHNICAL OUTLOOK FOR SHORT TERM:

MACD is at 209.386 & RSI is at 86.8715. The MACD is not in an Overbought/Oversold range. To view chart of DIVISLAB click here.

3. TOMORROW'S LEVELS AT WHICH TO TRADE:

SECOND RESISTANCE: 5,251.41
FIRST RESISTANCE: 5,076.83
PIVOT POINT: 4,613.41
FIRST SUPPORT: 4,438.83
SECOND SUPPORT: 3,975.41

Target Review of TIMKEN (TIMKEN)--------------------------------------------------------------

1. TRADING DATA OF 5/24/2007

Close: 162.55 Volume: 584,297.00

2. TECHNICAL OUTLOOK FOR SHORT TERM:

MACD is at 4.219 & RSI is at 86.8874. The MACD is not in an Overbought/Oversold range. To view chart of TIMKEN click here.

3. TOMORROW'S LEVELS AT WHICH TO TRADE:

SECOND RESISTANCE: 187.30
FIRST RESISTANCE: 179.05
PIVOT POINT: 161.55
FIRST SUPPORT: 153.30
SECOND SUPPORT: 135.80

Target Review of MYSORECEM (MYSORECEM)--------------------------------------------------------------

1. TRADING DATA OF 5/24/2007

Close: 45.65 Volume: 2,253,955.00

2. TECHNICAL OUTLOOK FOR SHORT TERM:

MACD is at 0.755 & RSI is at 68.8550. The MACD is not in an Overbought/Oversold range. To view chart of MYSORECEM click here.

3. TOMORROW'S LEVELS AT WHICH TO TRADE:

SECOND RESISTANCE: 49.29
FIRST RESISTANCE: 48.07
PIVOT POINT: 45.04
FIRST SUPPORT: 43.82
SECOND SUPPORT: 40.79

Target Review of SHRINGAR (SHRINGAR)--------------------------------------------------------------

1. TRADING DATA OF 5/24/2007

Close: 68.70 Volume: 2,050,849.00

2. TECHNICAL OUTLOOK FOR SHORT TERM:

MACD is at 2.978 & RSI is at 73.0232. The MACD is in an overbought range. To view chart of SHRINGAR click here.

3. TOMORROW'S LEVELS AT WHICH TO TRADE:

SECOND RESISTANCE: 78.38
FIRST RESISTANCE: 75.15
PIVOT POINT: 70.07
FIRST SUPPORT: 66.85
SECOND SUPPORT: 61.77

Target Review of KEI (KEI)--------------------------------------------------------------

1. TRADING DATA OF 5/24/2007

Close: 91.10 Volume: 1,300,468.00

2. TECHNICAL OUTLOOK FOR SHORT TERM:

MACD is at 2.831 & RSI is at 69.7432. The MACD is not in an Overbought/Oversold range. To view chart of KEI click here.

3. TOMORROW'S LEVELS AT WHICH TO TRADE:

SECOND RESISTANCE: 100.40
FIRST RESISTANCE: 97.30
PIVOT POINT: 90.30
FIRST SUPPORT: 87.20
SECOND SUPPORT: 80.20

Target Review of NIITTECH (NIITTECH)--------------------------------------------------------------

1. TRADING DATA OF 5/24/2007

Close: 550.00 Volume: 2,325,337.00

2. TECHNICAL OUTLOOK FOR SHORT TERM:

MACD is at 21.744 & RSI is at 71.0258. 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: 623.01
FIRST RESISTANCE: 598.67
PIVOT POINT: 570.66
FIRST SUPPORT: 546.32
SECOND SUPPORT: 518.31

Posted by FR at 7:23 AM  

0 comments:

Post a Comment

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.