[10:25] Buy One TCS July Future @ 1204-1209 and Sell one Satyam July Futures 489-490

[10:00] Reliance Industries and RCOM are in selling pressure. Enter only with medium term holding. Short term holders may book profits at each market rise.

Unitech may face selling pressure and GMR infrastructure may shine

[09:30] Markets are expoected to be flat to marginally positive till noon. Trade long if nifty holds 4100 and short from higher level of 4172.

Positive sector Oil and Gas

[09:15] Markets likely to face selling pressure at higher levels
Trade short of Nifty fails to hold above 4190- 4165 levels

[09:30] Trade in the range of 4100-4140. Trade long from lower support and short from Upper support

[10:20] Buy Riddhi Sidhhi Gluco Boils for Price target of 407. Current Price 270/-]
[11:00]Buy Strides Arco Lab , current price Rs 325/- Target of Rs 475]

[14:00] Nifty faces strong resistance at 4201 level. Nifty may touch 414-4142 if sell off / profit booking persists

[10:50] Buy SBI June Futures 1361-1364 Keep Stop 1375

[10:10] Buy crompton Greaves with a price target of Rs 280 Current 242

[09:30]Markets are likely to be volatile Trade in the range of 4140-4200 Trade long only from levels of 4140

Negative sectors Auto and FMCG Positive Sector Technology

Gujarat state petrochemical Buy Target 75, Current price 54

[12:40] Nifty is facing high selling pressure at every rise, Look for selective deals, else avoid general commitments for short term

[11:40] Buy Tata Steel June Futures @ 611-612 Stop Loss 607

[10:50] Buy Nalco June Futures 247 Stop Loss 244, Target 263 in 6-7 days

[10:20] Buy IDBI June futures 815-817 Stop Loss 799 Target 867 in 6-7 days.

Indices may be pushed to the levels of 14050-14000

Barring IT, all major indices on the bourses slipped in red. Tata motors, ONGC, HDFC were some of the prominent and major losers. In fact yesterday’s fall was not entirely unexpected as the markets were listless for about 5 previous sessions. This is because of general subdued temperament all over the country be it for Congress on losing spree state after state which would give impression of Government at centre resorting to populist measures rather than forward looking measures; failure of Government to keep rupee appreciation in check; inflation, general unrest in Punjab and Rajasthan.

[13:30] buy Reliance Industries June Futures @ 1728-1731, Stop Loss 1710, Target 1770 for 4 -5 days

[11:30] Buy PFC June Futures 157-158 Stop Loss 155 Target 165 4-5 days

[11:00] UK-based private equity major Apax Partners is learnt to be interested in picking a controlling stake in Patni Computer Systems for over $800 mn.
Sources said two mid-tier Indian IT companies and some private equity funds
are also in the fray.

NTPC is examining the options of tapping the capital market with a followon
equity issue to mobilize resources for its proposed spend on upcoming

[12:15] Tech Call: Buy Bombay Dyeing between 575-579. CMP -576.85, Stop Loss 569, BFP- 600, TF: 1-2 days.

[11:25] Buy Relinace Cap June Futures at 993-993.50 Stop Loss 983

[10:20] Bala Ji telefilms Price Rs 218 can at best touch Rs 228 in coming fortnight. Don't add fresh positions in the stock. Its JV with Star may add to bottom lines but that will take time to reflect in its market valuations.

Buy TCS June Futures in the range of 1203-1204, Stop Loss 1197.

Buy Aban Lyod between 2700-2710, current price 209, Stop Loss 2680, Target 2790 in 4-5 days.