Posted to the desk of admin
Stockhigh Financials Tips on Indian Stock Market
May 18, 2007
PICK OF THE DAY TARGET 1 TARGET 2 STOP LOSS
BUY GLENMARK 680 691 661
FUTURES      
BUY HOTEL LEELA FUT 61 63 56


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TECHNICAL OUTLOOK
SCRIP CLOSE SUPPORT RESISTANCE OUTLOOK
UNION BANK 120.7 119
117
113
 
125
126
130
 
HOLD ABOVE 119
SRF 162.5 148
138
133
 
167
170
172
 
HOLD ABOVE 154
VSNL 457 431
420
410
 
467
472
490
 
HOLD ABOVE 449
NIFTY 4219 4050
4015
3950
 
4250
4350
4400
 
TREND DECIDER IS 4155
INFOSYS 1983.5 1950
1930
1900
 
2085
2121
2150
 
TREND DECIDER IS 2000
SATYAM 452.5 448
446
420
 
460
468
485
 
TREND DECIDER IS 448. SELL ON RALLY
GAIL 289 278
266
265
 
310
325
330
 
TREND DECIDER IS 282. SELLING SEEN TOWARDS 310
ACC 888 875
864
853
 
898
910
925
 
HOLD ABOVE 883
ONGC 909 880
875
848
 
934
948
960
 
HOLD ABOVE 895
TATA POWER 591 565
558
545
 
621
645
650
 
HOLD ABOVE 575
SBI 1327 1266
1240
1220
 
1334
1350
1355
 
HOLD ABOVE 1319
TATA STEEL 598 569
557
551
 
600
610
620
 
HOLD ABOVE 593
HPCL 306.5 274
270
262
 
296
303
312
 
HOLD LONG ABOVE 296
HLL 195 182
181
175
 
200
202
204
 
SELL ON RALLY ABOVE 192
RELIANCE 1685 1668
1660
1615
 
1700
1705
1750
 
HOLD ABOVE 1668
PNB 560.5 544
533
510
 
572
579
610
 
BUY IF HOLDS ABOVE 544
BOB 285.5 281
276
271
 
300
300
303
 
BUY IF HOLDS ABOVE 281
OBC 232 216
204
100
 
235
240
250
 
TREND DECIDER IS 227
MARUTI 816.8 785
765
760
 
820
835
840
 
HOLD ABOVE 803
RELIANCE CAP 901 895
879
863
 
919
940
950
 
HOLD ABOVE 895
TATA MOTORS 750.5 710
700
687
 
755
768
777
 
HOLD ABOVE 746
TCS 1250 1210
1188
1150
 
1300
1310
1350
 
TREND DECIDER IS 1215
STOCKS 2 WATCH
SCRIP DECIDER LEVEL TREND
ARVIND 47
PARSVANATH 340
SAIL 138
RCOM 490
KTK BNK 177
WELSPUN GUJ 140
ORCHID CHEM 277
TECHM 1532
SCI 216
APTECH 330
DELIVERY BUZZER
SCRIP VOLUME PERCENT DELIVERY DIRECTION
AIR DECCAN 12 LAC 26.40%
MC DOWELL 5 LAC 32.76%
STERLIE OPTICAL 4.2LAC 29.01%
       
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DISCLAIMER: The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip.