intraday for 04-07-2008

nsetechnical

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Today nifty close at 3925.75. no one know exactly when and where this bear run will stop. But I think now it is a opportunity for investor to start investing a small portion of his total capital, say 25% in different sector.

For tomorrow pivot level of nifty index is 3965, if index maintain above this level than we can see 4057, 4188 and 4279 resistance level. If it will be below this level than support will be 3834, 3743 and 3612.


Buy call
I-FLEX buy above 1383, t1-1476, t2-1533, t3-1626, sl-1326
IOC buy above 333, t1-352, t2-364, t3-383, sl-321
ORCHIDCHEM buy above 238, t1-250, t2-257, t3-269, sl-230

Sell call
PUNJLLOYD sell below 204, t1-188, t2-176, t3-160, sl-215
TATAPOWER sell below 1024, t1-948, t2-890, t3-813, sl-1082
BHARTIARTL sell below 717, t1-689, t2-671, t3-643, sl-735

All these calls are generated by the mechanical trading system so your judgment required.

Have a happy trading

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