Nifty [ Spot ] Commentry & Report for 9th May , 2007, Wednesday

F & O UPDATE As on 8th May 2007 ::
Current month futures for NIFTY closed at 4066.30 (Rs. 10.70 DISCOUNT) with a turnover of Rs. 10152.14 Crores. Adds 272900 shares(0.85%) in open interest pushing the open interest to 32523050 shares.
The Nifty call added 4.77 lakh shares and put added 8.58 lakh shares in open interest.
High: 4157.65 Low: 4103.60 LATEST SNAPSHOT 4111.15 [4117.35 -6.20 (-0.15%)] Nifty[Spot] :: SMA[7] :4115.10 : EMA[ 33.333%] :4113.50 : EMA[12] :4079.80
EMA [26 ] : 4005.10

[Nifty Spot ]
::Support :: 4074.30 \ 4066.40 \ 4048.95 \ 4031.60
And
::Resistance :: 4083.80 \ 4093.15 \ 4101.25 \ 4118.65 \ 4136.05 \ 4153.50
Above 4153.50
Tgt Will Be: 4162.80 \ 4170.95 \ 4179.10
Above 4153.50 Market Will Expected To Be Positive & Dunt Go Short Sell RatherGo Long @ 4153.50
With A Stop Loss @ 4092.50
And
Upper Tgt Will Be : : 4162.80 \ 4170.95 \ 4179.10 \ 4189.55 \ 4194.20 \ 4202.00 \ 4222.15

[Stock Watch :: CINEMAX , ICRA ]

Have A Nice & Happy Trading Day