Technical Calls 29 June 2009

STOP 280 BUY CROMPTON 500093 ABOVE 312 TARGET 460
STOP LOSS 870 BUY BEML 500048 ABOVE 970 TARGET 1400
470 STOP LOSS BUY ALSTHOM 532309 ABOVE 515 TARGET 700 BEST STOP LOSS 440
600 ABOVE BUY STERLITE TARGET 626-647-680 STOP LOSSS 569 OR 577
BUY GAIL (BSE CODE 532155) AT 284 FOR TARGET 305, STOP LOSS 274.VENTURA
244 ABOVE BUY JET 532617 TARGET 269-286-315 STOP LSSS 222
78 STOP LOSS BUY JP HYDRO 532627 ABOVE 97 TARGET 130 NEAR STOP LOSS 86
770 STOP LOSS BUY AXIS BANK 532215 ABOVE 850 TARGET 1200--1400 INV STOP LOSS 675
41 ABOVE UCO BANK STOP LOSS 38 TARGET 43-45-48
On Fri, FIIs+551cr in Cash, +866cr in FNO. DIIs+334cr in Cash.
925 STOP LOSS BUY BAJAJ AUTO 532977 AT
955 TARGET 1012-1038---1080

OUR BUY CALL OF DLF ON 24.06.09 AT 322 NOW 338. TARGET ACHIEVED. BOOK PROFITS. VENTURA
14384-14478 On Friday 14384-14478 will be sell area.
Weak markets will not cross 14419.
14410-14480-14626 Above 14478 Sensex could test 14578 (Thursday's high). Further it could open for 14410-14480-14626
14193-14162-14075. Sensex has support at 14261 (Thursday's low). Below that we open for 14193-14162-14075.

4266-4300. On Friday 4266-4300 will be sell area.
Weak Markets will not cross 4279.
4379-4517-4437-4552-4604-4694-4913-5300. Above 4300 Nifty could test 4336 (Thusrday's high).Further it could open for 4379-4517-4437-4552-4604-4694-4913-5300.
4194-4090-3995-3737.
Nifty has support at 4222 (Thusrday's low).Below it could open 4194-4090-3995-3737.