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Tuesday, April 17, 2007

short term calls/views

Buy crompton greaves tgt 220-24 sl 205

Buying Expected in Mphasis if breaks 293

Friday’s inflation data is important to get any clue about annual credit policy by RBI in next week. Sensex may trade in a narrow range of 13300 to 13650 up to Thursday.

Sensex is facing resistance around 13650 & 13800. If could not sustain above 13650, then may slide anywhere up to 13300. Mid & Small Caps might under-perform in a sliding market

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RAJKOT, GUJARAT, India
Equity Advisor