Technical Calls 16th June 2009

IF DLF TRADES ABOVE 350 OPENS FOR 374-384-395 STOP LOSSS 340
735 ABOVE BUY AXIS BANK TARGET 763-794 STOP LOSSS 712
428-437-458 CORRECTIVES CENTURY STOP LOSSS 410 CMP 420
144 STOP LOSS BUY GMR INFRA 532754 TARGET 158-163-170
Ansal Properties & Infrastructure Ltd is planning to raise up to Rs 1,500 cr.through QIP route.
BUY DLF AT 350 FOR TARGET 374-384-395, STOP LOSS 340
82 STOP LOSS BUY J P HYDRO ABOVE 84 TARGET 89-92-96
380 STOP LOSS BUY ADLAB ABOVE 394 TARGET 408-418-435
685 STOP LOSS BUY TECH MAHINDTA AT 705 TARGET 746-768-802
138 ABOVE OPENS 145----150 ROLTA STOP LOSS 133
133 STOP LOSS BUY CORE PROJECT 512199 ABOVE 138 TARGET 144-148-154

SIEMENS (500550) CMP (Rs 480;) CMP Sell for target of 439 with stop loss of 493.

15112-15350 § On Tuesday 15112-15350 will act as sell area.
Weak markets will not cross 15204
15600-16196-16678-16951 § Sensex could test 15261 (Monday's high). Further it could open for 15600-16196-16678-16951

14768-14549-14168 § Sensex has support at 14807 (Monday's low). Below that we open for 14768-14549-14168

4484-4506-4542 sell levels slight strength abv 4542 opens 4552-4605.safe above 4605 low made is 4411.Weak mkts dnt cross 4484.supp 4390