Nifty [ Spot ] Commentry & Report for 20th June, 2007, Wednesday

High: 4222.40 ; Low: 4136.15 ;
LATEST SNAPSHOT 4214.30 [4147.10 +67.20 (+1.62%)]

SMA 5 : 4152.55; SMA 7 : 4159.55 ; SMA 9 : 4166.45;
EMA 12: 4183.05 ; EMA26 : 4176.10 ; EMA33.333% : 4152.85

Derivatives Summary :: F & O UPDATE As on 19th June 2007 ::
Current month futures for NIFTY closed at 4214.85 (Rs. 0.55 PREMIUM) with a turnover of Rs. 10583.22 Crores. Sheds 2470300 shares(-6.25%) in open interest bringing down the open interest to 37042550 shares.

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

[Nifty Spot ] ::
::Support :: 4192.10 \ 4189.45 \ 4181.35 \ 4179.30 \ 4165.70
Below 4165.70 market Expected To Be – Ve
Tgt :: 4154.35 \ 4150.95 \ 4127.10 \ 4115.70

::Resistance :: 4217.20 \ 4226.50 \ 4243.40 \ 4254.35 \ 4260.35
Above 4254.35 market Expected To Be +Ve
Tgt : 4275.15 \ 4289.95 \ 4303.50 \ 4308.65 \ 4318.65

[ STOCK WATCH :: IB REALEST ; BASF ; BEML ; FINAN TECH ; ACC ; SAIL ; BHUSAN STL ; IVRCL INFRA ; IDEA ; ROLTA ; IDEC ; ZENSAR TECH ; MATRIX LAB]

IntraDay Trading Calls::
Go Long “ ACC ” :: @ Above 837.65 OR 834.15 ;
STPL@ :: 830.65 ;
Tgt :: 852.50 \ 856.85 \ 863.85 \ 867.35

COMMODITIES BUZZ ::Chana: Spot prices rise ::Spot prices during the last seven days have seen a constant rise. Prices in Mumbai APMC have gone up by around Rs50 per quintal. With the advent of monsoon, the demand for chana flour also goes up. The firming up of spot prices is a clear indication of this fact. Another reason for the firming up of domestic prices in recent days is that import prices have been much higher recently. Import prices have gone up by $30-35 per tonne in the past week.

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

Have A Nice &
Happy Trading Day
CHEERS