05 May 2011

Support 2	Support 1	Pivot Point	Resistance 1	Resistance 2
5463.80	5500.40	5539.60	5576.20	5615.40

Take Fresh Long while nifty reaching around 5450 levels --- with **Strict** SL @ 5348 ( POSITION TRADERS )

target 5576 / 5714 / 5944

Fortis BUY Between 150 - 156 with SL @ 147 ( Closing Basis ), TGT of 158 / 165 / 170 -- Delivery - 1 Week Time Frame

IDFC  BUY Between 135 - 142 with SL @ 133 ( Closing Basis ), TGT of 150 / 165 / 175 -- Delivery - 2 Weeks Time Frame

IRB  BUY Between 160 - 170 with SL @ 155 ( Closing Basis ), TGT of 191 / 210 / 240 -- Delivery - 1 Month Time Frame

GVKPIL BUY 25 CE ( Call ) Option Between 0.40 - 0.75, TGT of 2 / 3 / 4 -- Wait Until Month Expiry ( Annual results on 07-05-11 ) Please Watch out carefully and they have 5000MW upcoming project & they have own coal mines.

Risky Traders --- Buy BANK Stocks  (((( Heavy OVER SOLD PSU Banks ))))

ALBK

BANKINDIA

BANKBARODA

DENABANK   ( Buy 105 CE { call }option between 0.40 - 0.60 Target of 1 / 2 / 3  )

INDUSINDBANK

Get MORE IDEA & LIVE Support on your holdings.

Ramesh.S.R

088705 34391      ( +918870534391 )