Nifty [ Spot ] Commentry & Report for 06th July , 2007, Friday

High: 4378.55 ; Low: 4311.80 ;

LATEST SNAPSHOT 4353.95 [4359.30 -5.35 (-0.12%)]
SMA 5 : 4336.90; SMA 7 : 4321.30 ; SMA 9 : 4306.95 ;
EMA 12: 4299.90 ; EMA26 : 4299.90 ; EMA33.333% : 4324.50

NASDAQ COMPOSITE 2,649.17 12:52pm ET ( + ) 4.17 ( + 0.16%)
DOW JONES INDUSTRIAL AVERAGE 13,551.61 2:22pm ET ( - )25.69 ( - 0.19%)

Derivatives Summary :: F & O UPDATE As on 5th July 2007 ::
Current month futures for NIFTY closed at 4354.50 (Rs. 0.55 PREMIUM) with a turnover of Rs. 9929.32 Crores. Sheds 763300 shares(-2.28%) in open interest bringing down the open interest to 32764900 shares with No. of contracts 45,8074 [ Which is more then 30,000 Level ]
previous no. was 26,9738 .

FII derivatives statistics as on 05-Jul-2007
http://www.nseindia.com/content/fo/fii_stats.xls

Nifty - Top 10 Holdings
http://www.nseindia.com/content/indices/Ix_nifty.csv

[Nifty Spot ] ::

::Support :: 4346.95 \ 4329.85 \ 4322.85 \ 4317.20 \ 4314.75 \ 4301.25
Below 4301.25 market Expected To Be – Ve
Tgt :: 4291.40 \ 4266.95 \ 4262.50 \ 4258.05 \ 4287.20

::Resistance :: 4352.05 \ 4375.60 \ 4379.45 \ 4284.95
Above 4379.45market Expected To Be +Ve
Tgt : 4384.95 \ 4389.50 \ 4403.35 \ 4415.20 \ 4427.05 \ 4436.70

[ STOCK WATCH :: SRF ;; CESC ; AIRDECCAN ; BOMBDYEING ; ZENSAR TECH ; IDBI ; NDTV ; BHEL ; ANSAL INFRA ; CIPLA ; RELIANCE ]

IntraDay Trading Calls::
Go Short CESC @ Above 391.10 OR 379.50 ;
STPL @ : 394.10
TGT :: 384.10 \ 381.40 \ 379.50 \ 377.75 \ 369.95

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