Nifty [ Spot ] Commentry & Report for 15th May , 2007, Tuesday

F & O UPDATE As on 14th May 2007 ::
Current month futures for NIFTY closed at 4140.75 (Rs. 6.45 PREMIUM) with a turnover of Rs. 7972.70 Crores. Sheds 1060100 shares(-3.04%) in open interest bringing down the open interest to 33772900 shares.
High: 4151.30 Low: 4072.45 LATEST SNAPSHOT 4134.30 [4076.65 +57.65 (+1.41%)]
Nifty[Spot] :: SMA[7] :4094.65 : EMA[ 33.333%] :4086.65EMA[12] :4086.30
EMA [26 ] : 4027.85

[Nifty Spot ]
::Support :: 4131.60 \ 4121.20 \ 4126.85 \ 4119.40
Below 4119.40 level Market –ve & Lower Tgt : 4108..15 \ 4105.15 \ 4102.20 \ 4099.65
Below 4092.20 Free Fall . . . . . . . . . 4087.50 \ 4072.45
And
::Resistance :: 4148.10 \ 4151.30 \ 4168.10 \ [ 4171.05 \ 4178.75 ] \ [4184.75 \ 4187.50] \ [4190.75 \ 4191.40]
Above 4191.40 Market Will Expected To Be Positive & Dunt Go Short Sell Rather Go Long @ 4191.40
With A Stop Loss @ 4121.75
And
Upper Tgt Will Be : : 4199.15 \ 4214.05 \ 4222.30 \ 4245.45
[ Stock Watch :: SAL STEEL , RANBAXY , MRPL , 3i Info , IDBI , PFC , TATA STEEL , ACC , IPCL , CUMMINS ]

Have A Nice & Happy Trading Day