Intraday calls 23/06/08

AS EXPECTED NIFTY AFTER OPENING AT 4512 ON 20.6.08 TOUCHED THE DAY`S HIGH OF 4517, PLUNGED TO THE LOWEST LEVEL OF 4316 (TILL NOW) FOR THIS SETLEMENT, AND CLOSED AT 4348.

WE HAVE BEEN CAUTIONING ABOUT THIS FALL SINCE 2.6.08.
NIFTY SUPP 4300,4210 RESIST 4440,4530. NIFTY MAY OPEN LOWER ON GLOBAL CUES AND MAY PULL BACK IN THE SHORT TERM FROM AROUND 4200 LEVELS AND WILL FIND RESISTANCE AT 4450.

EQUITY
BPCL SUPP 258,250 RESIST 274 BUY AT LOWER LEVEL
SCI SUPP 215,210 RESIST 236 BUY AT LOWER LEVEL
ZEEL SUPP 216,210 RESIST 233 BUY AT LOWER LEVEL
GDL SUPP 81,76 RESIST 88,91 SELL

FUTURE
GMRINFRA SUPP 100,94 RESIST 106,110 BUY AT LOWER LEVEL
IDFC SUPP 115,108 RESIST 128,134 BUY AT LOWER LEVEL
INDIACEM SUPP 156,152 RESIST 166,170 BUY
RPL SUPP 164,160 RESIST 178
WIPRO SUPP 457,452 RESIST 475,482 SELL AT HIGHER LEVEL
SATYAMCOMP SUPP 450,439 RESIST 469,478 SELL

(MANY BUY CALLS ARE GIVEN SINCE WE EXPECT THE MKT TO OPEN LOWER. TRADE WITH STRICT SL.)
ALL TRADES SHOULD BE DONE WITH STRICT STOP LOSS.
NEVER CARRY A POSITION WITHOUT HEDGING HAVE A GOOD DAY. Replies At This ColoumN OR AT vijay.calls@yahoo.co.in.