Nifty [ Spot ] Commentry & Report for 04stJune, 2007, Monday

High: 4325.80 , Low: 4288.55 ,
SMA 7 : 4263.65 ,
EMA 12: 4244.90 ,
EMA26 : 4174.95 ,
EMA33.333% : 4264.95
LATEST SNAPSHOT 4297.05 [4295.80 +1.25 (+0.03%)]

Derivatives Summary :: F & O UPDATE As on 1st June 2007 ::
Current month futures for NIFTY closed at 4284.80 (Rs. 12.25 DISCOUNT) with a turnover of Rs. 6080.25 Crores. Adds 544150 shares(1.89%) in open interest pushing the open interest to 29278450 shares.

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

[Nifty Spot ] ::
::Support :: 4292.20 \ 4286.55 \ 4279.65 \ 4273.20
Below 4273.20 market Expected To Be – Ve
Tgt :: 4260.05 \ 4257.30 \ 4254.55 … … … 4232.80

::Resistance :: 4308.50 \ 4313.85 \ 4319.15 \ 4327.50
Above 4327.50 market Expected To Be +Ve
Tgt : 4335.90 \ 4342.80 \ 4349.75 \ 4354.50

[ STOCK WATCH :: ASHOKLEY ; NIIT TECH ; DIVISLAB ; HCL – INSYS ; DCHL ;Mc DOWELL ; TATASTEEL ; HDFC BANK ; RELIANCE]

IntraDay Trading Calls::

Go SHORT “ TATASTEEL” ::
@ Below : 634.40 Or 631.30 ;
STPL@ 637.50 ;
Tgt: 629.50 \ 621.65 \ 627.20 \ 616.00

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

Have A Nice & Happy Trading Day