iCharts Discussions

[earnmoney]

Date : 26.5.2008

Market is expected to be volatile in this F& O expiry week.

The support for the Sensex is at 16545 and the resistance to the up move at 16850.

The support for the Nifty is at 4910 and resistance to the up move at 4995.


For Intraday :

OMAXE : Buy @ 222 sl 218 Target 230 , 235 , 240
Short @ 217 sl 222 Target 209 , 202 , 197


ADLABSFILM : Buy @ 690 sl 681 Target 705 , 715 , 727
Short @ 680 sl 690 Target 665 , 640 , 635


BAJAJHIND : Buy @ 227 sl 222 Target 235 , 243 , 250
Short @ 221 sl 227 Target 210 , 201 , 196

IVRCLINFRA: Buy @ 424 sl 418 Target 432 , 447 , 455
Short @ 417 sl 424 Target 408 , 394 , 385



Book Profits At Your Discretion At The Levels Of Either One , Two Or Three Percent Rise Or Fall In The Stock Value. At Either First Or Second Targets.




Please write comments and suggestions.





DISCLAIMER: Above matter is technical analysis based on & conceived from charts, which are believed to be authentic over long long time. One should think of own risk first before implementing on above analysis. The author won't be liable or responsible for any legal or financal losses made by anybody.