Wednesday, April 22, 2009

CALLS FOR 23rd APRIL2009

RELIANCE:
is facing Resistance around 1800-1850 zone. Short term Supports at 1660-1690 zone if broken then it may head to 1500-1550 levels. The momentum is fading and staying below the levels indicates that only a move beyond 1800 would negate weak implications

JET AIRWAYS Sell IF BREAKS 193 TGT187,185 SL196.50

BUYING EXPECTED IN ADANI ENTERPRISE IF BREAKS 374

UNITECH Sell with SL 48.25 for lower targets 44



STOCKS TO BE AVOIDED BUT AT THE LEVELS GIVEN
Reliance Capital below 498 may head to 460.
Reliance Infra below 657 may head to 630.
Keep stop loss of 2-3%IF AN Y ONE IS TRADING


Suzlon , gmr infra , ndtv looks good at lower levels


BOB,CIPLA,GAIL looks weak