Buy Neyveli Lignite 19/07/2010

Buy Neyveli Lignite 162.00-161.00 Stop-loss 157.75 Tgt: 173.00 7-8 Days

BUY JK LAKSHMI CEMENT 19/07/2010

BUY JK LAKSHMI CEMENT CMP 70-71 STOP-LOSS 65.40 TARGET1 79.80 TARGET2 84.50 FOR 3-4 WEEK

BUY ALEMBIC LTD 19/07/2010

BUY ALEMBIC LTD CMP 60-61 STOP-LOSS 55.70 TARGET1 65 TARGET2 74.40 FOR 3-4 WEEK

BANKNIFTY FOR SUPPORT 19/07/2010

BANKNIFTY (2nd Resistance) 10066.95

(1st Resistance) 10028.9

Pivot point 9968.95

(1st Support) 9930.9

(2nd support) 9870.95

NIFTY FOR SUPPORT 19/07/2010

NIFTY (2nd Resistance) 5424.55

(1st Resistance) 5411.4

Pivot point 5391.65

(1st Support) 5378.5

(2nd support) 5358.75

MARKET OPENED 19/07/2010

We maintain our view that the indices are likely to test 18500 – 18700 / 5500 – 5570 levels based on “Flag

pattern” breakout on the Daily chart. The said pattern would only negate once indices trade below, 17335 / 5200

levels.

Hence, we reiterate our view that traders can hold on to their long positions as long as Nifty holds 5200 level.

Quarterly Results 17/07/2010

Godrej Prop
INDIAN MET
Ishita Drugs
Canara Bank
Dev Credit Bank
Dynemic Prod
Key Corp
Reliance Indl Infra
Sandu Pharma
Shiva Cement
Sir Shadi Lal
Srinivasa Hatch
Sterlite Tech
Vardhman Tex

BUY PFC 16/07/2010

BUY PFC CMP 313-314 STOP-LOSS 308 TARGET 323

Quarterly Results 16/07/2010

Honeywell Auto

Karuturi Global

Nava Bharat Ventures

State Bank Travancore

Supreme Industries

Zydus Wellness

BANKNIFTY FOR SUPPORT 16/07/2010

BANKNIFTY (2nd Resistance) 10038.3

(1st Resistance) 9983.7

Pivot point 9924.3

(1st Support) 9869.7

(2nd support) 9810.3

NIFTY FOR SUPPORT 16/07/2010

NIFTY (2nd Resistance) 5429.03

(1st Resistance) 5405.32

Pivot point 5383.78

(1st Support) 5360.07

(2nd support) 5338.53

BUY APOLLOTYER

BUY APOLLOTYER CMP64.50-65 STOP-LOSS 62.35  TARGET1 67.55 TARGET2 69.40 FOR 3-4 DAY

BUY SESAGOA

BUY SESAGOA CMP 341-342 STOP-LOSS 332  TARGET1 361 TARGET2 376 FOR 3-4 DAY

Buy Skumars Nationwide 15/07/2010

6 - 8 Days Buy Skumars Nationwide    77.00  -  76.00  Stop-loss    73.75 Tgt: 86.00

Buy Nifty 15/07/2010

Buy Nifty July futs.  5392.00 - 5382.00  Stop-Loss  5372.30  Tgt 5420.00

BUY EDUCOMP 15/07/2010

BUY EDUCOMP 611.00 - 610.00 Stop-Loss 599.80 Tgt 623.00

BUY HAVELLS 15/07/2010

Call for Day traders BUY HAVELLS 656.00 - 655.00 Stop-Loss 651.00 Tgt 670.00

BUY RECLTD 15/07/2010

Call for Day traders BUY RECLTD 301.20 - 300.25 Stop-Loss 298.65 Tgt 307.50

BANKNIFTY FOR SUPPORT 15/07/2010

BANKNIFTY (2nd Resistance) 10076.4

(1st Resistance) 10003.8

Pivot point 9952.4

(1st Support) 9879.8

(2nd support) 9828.4

NIFTYFOR SUPPORT 15/07/2010

NIFTY (2nd Resistance) 5483.52

(1st Resistance) 5435.98

Pivot point 5406.12

(1st Support) 5358.58

(2nd support) 5328.72