CALLS FOR 30TH MARCH 2009

Profit booking may come at higher levels & also a season of holidays will start as in next 15 days we have 2 holidays on working days & Sat - Sun different so in all 8 holidays.

A cycle of Bull run : it starts will many large cap index based stocks then it moves to mid caps & then small cap stocks.
A cycle of Bear run : it starts will many large cap index based stocks then it moves to mid caps & then small cap stocks.

Support for nifty at 3060-3030 and
Resistance at 3125-3145

BUY EDUCOMP 2141 SL2094 TGT2233-2265-2350
BUY REL INFRA 564 SL 551 TGT579-596
BUY IFCI 19.60 SL18.60 TGT21.95-22.65-24.50
BUY HINDALCO 52 SL48 TGT58-62
BUY NEVELLILIG 80 SL77 TGT86-91


HCL TECHNOLOGY Buy IF BREAKS 106 TGT111, 113 SL103

BATA INDIA Sell below 103 keep stop loss at 106 lower targets up to 95

JET AIR : This stock is ready to fly … For today’s trading buy above 185 keep stop loss at 181 upper targets, minor hurdle at 190 there after 200

SCRIPTS WHICH CAN SURPRISE IN SHORT TERM
BEML above 390 , HCl tech above 107 , Bharat Forget above 98 ,Torrent Power 98 may give surprise up moves in short term.


STOCKS LOOKING GOOD
BPCL,GAIL,ITC,CAIRN

STOCKS LOOKING WEAK
BHEL,CMC,ONGC,INFOSYS,WIPRO