Nifty [ Spot ] Commentry & Report for 25 April 07 [Wednesday]

F & O UPDATE ::
As on 24th April 2007Current month futures for NIFTY closed at 4142.55 (Rs. 0.75 PREMIUM) with a turnover of Rs. 10785.23 Crores.
Sheds 4957000 shares(-17.15%) in open interest bringing down the open interest to 23951450 shares.
High: 4162.15 Low: 4057.70 LATEST SNAPSHOT 4141.80 [4085.10 +56.70 (+1.39%)]
Nifty[Spot] :: SMA[7] :4045.45 : EMA[ 33.333%] : 4012.25 : EMA[12] :3984.60

:: Go Long Nifty[Future ] :: At Above Nifty[Spot ] : 4122.95 Or 4131.20 , StopLoss@ 4094.45
Nifty[Spot] Tgt : 4149.10 \ 4162.15 \ 4175.80 \ 4188.30 \ 4206.20

:: Go Short Nifty [Future] :: At below Nifty [Spot] : 4082.95 Or 4109.95
StopLoss @ : 4128.35
Nifty [Spot ] Tgt : 4077.15 \ 4071.50 \ 4057.70 \ 4031.60

[Nifty Spot ] ::Support :: 4136.05 \ 4131.20 \ 4122.95 \ 4096.70 \ 4082.95

Below 4082.95 Levels Nifty[spot] Will Touch 4077.15 Below This Level Freefall Tgt:4071.50 \ 4057.70 \ 4031.60

And

Resistance :: 4144.10* \ 4162.15 \ 4175.25 * \ 4188.30

Above 4188.30 Market Will Expected To Be Positive & Dunt Go Short Sell
Rather Go Long With A StopLoss @ 4149.10 And Upper Tgt Will Be : 4206.20 \ 4226.70 \ 4258.30

[Stock Watch ::HeroHonda, Reliance, NiitTech, MoseBaer, Mahseamles, Voltas , NagConst, RELCOM, PFC, Rolta, HindZinc ]

Have A Nice & Happy Trading Day