Nifty [ Spot ] Commentry & Report for 20 April 07 [Friday]

F & O UPDATE As on 19th April 2007Current month futures for NIFTY closed at 3977.35 (Rs. 20.30 DISCOUNT) with a turnover of Rs. 11937.68 Crores. Adds 519700 shares(1.56%) in open interest pushing the open interest to 33777900 shares.

Nifty[Spot] :: SMA[7] :3945.35 : EMA[ 33.333%] : 3946.10 : EMA[12] :3905.15


:: Go Long Nifty[Future ] :: At Above Nifty[Spot ] : 3992.90 Or 3980.70 , StopLoss@ : 3972.20
Nifty[Spot] Tgt : 4003.20 \ 4010.95[R.P] \ 4017.70 \ 4020.70 \ 4029.35 \ 4030.40 [C.P]\ 4033.75[B.U.B] \ 4049.85[M.R]

:: Go Short Nifty [Future] At below Nifty [Spot] : 3963.05 Or 3952.50 StopLoss @ : 3985.40
Nifty [Spot ] Tgt : 3933.35[R.P] \ 3913.95[C.P] \ 3894.55 [M.S]
[Nifty Spot ] ::

Support :: 3992.90[Imp] \ 3985.40 \ 3972.20[M.S]

Below 3972.20 Levels Nifty[spot] Will Touch 3963.05 \ 3952.50 \ 3933.35[R.P] \ 3913.95[C.P] \ 3894.55 [M.S]


And

Resistance :: 4003.20[Imp] \ 4010.95[R.P] \ 4017.70 \ 4020.70 \ 4029.35 \ 4030.40[C.P] \ 4033.75[B.UB] \ 4049.85[M.R]

Above 4030.40 & 4033.75 ZONE Market Will Expected To Be positive & Dunt Go Short Sell And Upper Tgt Will Be : 4043.90 \ 4049.85 \ 4058.65 \ 4106.30


[Stock Watch :: Aptech ,Bank Of Barada , Bharti Artl ]

Have A Nice & Happy Trading Day