Intraday Call For 23 th April , 2007

::Hero Honda Motors Ltd. ::
F & O UPDATE As on 20th April 2007 ::
Current month futures for HEROHONDA closed at 640.85 (Rs. 9.40 DISCOUNT) with a turnover of Rs. 23.40 Crores. Sheds 74400 shares(-3.09%) in open interest bringing down the open interest to 2330000 shares.

Go Long At Above :: 649.65 Or 651.45 Or 654.40 As Per The Market Trend
StopLoss @ : [646.45 To 652.00 ] Zone
Tgt @: 657 \ 662 \ 667
Crossover 667 level Upper Tgt :: 672 \ 674.40 level
Go Short At Below :: 652 As per The Market Trend
StopLoss @: 657.00
Tgt @: 646.45
Fall Below 645.60 Level Lower Tgt : 642 \ 637 \ 632