Nifty [ Spot ] Commentry & Report for 11th May , 2007, Friday

F & O UPDATE As on 10th May 2007 ::
Current month futures for NIFTY closed at 4052.30 (Rs. 14.50 DISCOUNT) with a turnover of Rs. 10498.15 Crores. Adds 874650 shares(2.64%) in open interest pushing the open interest to 34029900 shares.
High: 4134.20 Low: 4057.55 LATEST SNAPSHOT 4066.80 [4079.30 -12.50 (-0.31%)]
Nifty[Spot] :: SMA[7] :4098.95 : EMA[ 33.333%] :4108.25EMA[12] :4077.70
EMA [26 ] : 4014.75

[Nifty Spot ]
::Support :: 4065.55 \ 4057.55 \ 4038.40 \ 4019.25
Below 4019.25 level Free Fall Tgt : 4009.55 \ 3978.10 \ 3962.20
And
::Resistance :: 4076.70 \ 4086.20 \ 4108.25 \ 4115.05
Above 4115.05 Market Will Expected To Be Positive And
Go Long @ 4115.05
With A Stop Loss @ 4095.90
And Upper Tgt Will Be : : 4134.20 \ 4159.35
Above 4153.40 Market Will Expected To Be More Positive & Dunt Go Short Sell Rather Go Long @ 4153.40
With A Stop Loss @: 4115.05
Upper Tgt : 4162.85 \ 4172.25 \ 4181.60
And
Above 4181.60 Tgt : 4197.60 \ 4210.20 \ 4228.95

[ Stock Watch :: Bombdyeing , Inoxleisur , Adlabsflim , Ranbaxy , ABB ]

Have A Nice & Happy Trading Day