Nifty [ Spot ] Commentry & Report for 12th July , 2007, ThursDay

High: 4411.45 ; Low: 4344.70 ;
LATEST SNAPSHOT 4387.15 [4406.05 -18.90 (-0.43%)]
SMA 5 : 4383.55; SMA 7 : 4381.20 ; SMA 9 : 4361.60 ;
EMA 12: 4348.20 ; EMA26 : 4293.20 ; EMA33.333% : 4379.95

Derivatives Summary :: F & O UpDate As on 11th July 2007 ::
Current month futures for NIFTY closed at 4382.20 (Rs. 4.95 DISCOUNT) with a turnover of Rs. 6626.61 Crores. Adds 42900 shares(0.12%) in open interest pushing the open interest to 34683150 shares with No. of contracts 30,2497.00 [ Which is Greater then 30,0000 Level and greater than previous day’s No. of contracts 28,5535.00 ] . Nifty calls added 7.9 lakh shares and puts added around 14.7 lakh shares in open interest.
FII derivatives statistics as on 11-July-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 :: 4379.95 \ 4362.80* \ 4355.80 \ 4350.20 \ 4334.20 \ 4324.40
Below 4362.80 market Expected To Be – Ve
Tgt :: 4324.40 \ 4299.95 \ 4295.50 \ 4291.00
::Resistance :: 4384.95 \ 4408.60 \ 4418.15
Above 4418.15 market Expected To Be +Ve
Tgt : 4422.45 \ 4436.30 \ 4448.15 \ 4459.95 \ 4469.70

[ STOCK WATCH :: TCS ; INFOSYSTCH ; GNFC ; HINDALCO ; ITC ; GABRIEL ; APTECH ; IBREALEST ; OPTOCIR]

IntraDay Trading Calls::
Go Short Reliance Ind ::
@ Above 1719 OR 1727 ;
And
Go Long Reliance Ind ::
@ Above 1698 OR 1706 OR 1679

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