Nifty [ Spot ] Commentry & Report for 29th May , 2007, tuesday

High: 4295.60 , Low: 4242.80 ,
SMA 7 : 4244.20 ,
EMA 12: 4206.50 , EMA26 : 4135.40 , EMA33.333% : 4241.90
LATEST SNAPSHOT 4256.55 [4248.15 +8.40 (+0.20%)]
Derivatives Summary :: F & O UPDATE As on 28th May 2007 ::
Current month futures for NIFTY closed at 4260.90 (Rs. 4.35 PREMIUM) with a turnover of Rs. 7117.09 Crores. Sheds 4088050 shares(-14.71%) in open interest bringing down the open interest to 23709250 shares.

[Nifty Spot ] ::
::Support :: 4248.30 \ 4240.55 \ 4230.65 \ 4221.80
Below 4249.80 market Expected To Be – Ve
Go Short Below : 4248.30
STPL : 4260.50
Tgt :: 4228.60 \ 4203.30 \ 4199.35 \ 4195.40
::Resistance :: 4271.40 \ 4286.80 \ 4298.55 \ 4310.35
Above 4282.40 market Expected To Be +Ve & Don’t Go Short , Rather
Go Long Above 4286.80
STPl : 4269.20
Tgt : 4299.70 \ 4310.35 \ 4329.90 \ 4336.75

[ STOCK WATCH :: Dabur, Niit Tech , Wipro]

Have A Nice & Happy Trading Day