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Monday, August 13, 2007

(3) Calls For 13/08/07

Tata Motors : Buy in between 667 to 671 with S.L 662 for target of 681/690 and above..

HCL Tech : Buy above 323.50 with S.L 316 for 329/336 and above....

Suzlon : Strong supp at 1288 if hold buy above 1304 with S.L 1288.. OR.. If break 1288,sell below 1288 with S.L 1308 ...

Posted by MY CHART at 8/13/2007 08:40:00 AM

(2) Nifty Chart For 13/08/07



Nifty : As we say on 10th post (please don't short at lower level if Nifty open too low)Nifty bounce beck from lower level.. Nifty try to form base at lower level for up move. Still some down side left we draw here strong support zone for Nifty at 4208 to 4230.. If Nifty hold above this support some bounce beck may be possible… All intraday and daily indicator give upward divergence but overall momentum still down..Caution at every up move.. Resistance for up move at 4390/4395/ 4429/4511/4520.. Support at down side 4285/4248/4230 to 4208 .. Trade with our Nifty cash buy sell level which are give above Nifty chart..

Posted by MY CHART at 8/13/2007 12:26:00 AM

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