Thursday, June 14, 2007

Nifty [ Spot ] Commentry & Report for 15th June , 2007, Friday

High: 4174.05, Low: 4112.85 ;

LATEST SNAPSHOT 4170.00 [4113.05 +56.95 (+1.38%)]

SMA 5 : 4147.30; SMA 7 : 4158.10 ; SMA 9 : 4191.70;

EMA 12: 4184.95 : EMA26 : 4175.45; EMA33.333% : 4152.80 ;

Derivatives Summary :: F & O UPDATE As on 14th June 2007 ::Current month futures for NIFTY closed at 4156.70 (Rs. 13.30 DISCOUNT) with a turnover of Rs. 8810.49 Crores. Sheds 1507100 shares(-3.87%) in open interest bringing down the open interest to 37391350 shares.

Data Collected From :: http://www.buzzingstocks.com/in/index.pl

http://www.sharekhan.com/#

[Nifty Spot ] ::

::Support :: 4158.75 \ 4146.65 \ 4143.45

Below 4143.45 market Expected To Be – Ve

Tgt :: 4140.25 \ 4130.10 \ 4126.05 \ 4123.95 \ 4108.80 \ 4098.80

::Resistance :: 4177.50 \ 4189.50 \ 4193.40 \ 4198.40 \ 4201.40

Above 4201.40 market Expected To Be +Ve

Tgt : 4211.90 \ 4222.35 \ 4232.05

[ STOCK WATCH :: ONGC ; BASF ; HINDALCO ; BHEL ; DABUR ; APIL ; XLTL ; DENA BANK]

IntraDay Trading Calls::

Go Long “ DABUR ” :: @ Above 99.20 Or 98.60 ;

STPL@ :: 97.85 ;

Tgt :: 101.80 \ 103.40 \ 104.25

COMMODITIES BUZZ ::

Base metals: Copper takes a U-turn to end higher ::

The metal continues to remain highly volatile and yesterday when it looked to test the support at $6,950, it reversed its downward journey and closed higher. Follow-through selling on China's copper import data (for the month of May) continued yesterday and the metal soon yielded the crucial $7,150 support. It breached the $3.25 support on COMEX also and it seemed almost certain that it could test its support at $3.16 on COME.

Watch :: http://tanmoyghoshtechnicalanalysis.blogspot.com/

http://www.orkut.com/Community.aspx?cmm=30147225

Have A Nice & Happy Trading Day

CHEERS

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