21-04-2009

Market has not able to cross the 200dma hurdle and as a result the market will move lower to test support.

Sensex Resistance 11091-11269-11367. Support 10863-10747-10570.

Nifty Resistance 3405-3439-3511. Support 3339-3301-3254-3198.

Buy Polaris 68 SL 65 Tgt 75-81.

Buy HCC 60 SL 57 Tgt 65-68.

Buy Educomp 2368 SL 2272 Tgt 2419-2489.

Buy Rel Infra 702 SL 662 Tgt 722-775.

Buy GVK Power 27.20 SL 25.75 Tgt 30-32.45.

Buy ICSA 121 SL 116 Tgt 126-131.

Buy KFA 38 SL 36 Tgt 42-44-47.

Buy Power Grid 101 SL 98 Tgt 106-109.

Go Short at higher levels.

Sell Punj Lloyd 112 SL 117 Tgt 105-100.

Sell RCom 215 SL 219 Tgt 207-200-193.

Sell Tata Steel 262 SL 270 Tgt 253-243.