Nifty [ Spot ] Commentry & Report for 20th May , 2007, MonDay

High: 4228.45
Low: 4177.00
LATEST SNAPSHOT ::4214.50 [4219.55 -5.05 (-0.12%)]
Derivatives Summary :: F & O UPDATE As on 18th May 2007 ::
Current month futures for NIFTY closed at 4223.50 (Rs. 9.00 PREMIUM) with a turnover of Rs. 6879.88 Crores. Sheds 101050 shares(-0.34%) in open interest bringing down the open interest to 29411000 shares.The total open interest in the market is 58,561 crore and added around 1,184 crore in open interest.Nifty calls has added 3.4 lakh shares and puts added 6.2 lakh shares in open interest.

For MonDay Bear Sentiment :: 11.42 \ 11.50 To 12.43 \ 12.41
And
Bull Sentiment :: 13.44 \ 13.42 To 14.45 \ 14.53

[Nifty Spot ]
::Support :: 4182.85 \ 4172.70 \ 4162.55 \ 4150.20 \ 4143.50 \ 4136.80
Below 4172.10 market Expected To Be – Ve
Go Short Below 4188.85
STPL : 4202.75
Tgt :: 4182.85 \ 4174.90
Below 4174.90
Free Fall To : 4150.20

::Resistance ::
4230.50 \ 4248.80 \ 4258.50 \ 4266.75 \ 4274.30
Above 4230 market Expected To Be +Ve
Go Long Abobe 4238.45
STPl : 4209.20
Tgt : 4248.80 \ 4259.20 \ 4266.75
Above 4248.80 Market Will Be More +ve And Don’t Go Short Rather
Go Long @ : 4248.80
With A STPL: 4215.60
Tgt : 4258.50 \ 4266.75 4247.30 \ 4310.10

[ STOCK WATCH :: Bank OF BARADA , GUJ NRE COKE , TITAN , BHARTI , MTNL ]

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