TRADING LEVELS FOR 24th May 2007

[tryme me]

SECOND DAY IN A ROW … WE BOLDLY ROAR TO SAY … GRAB AUROBINDO PHARMA IN MAY FUTURES …

Aurobindo Pharma Lot Size : 350 Last close :Rs. 706 GOLDEN OPPORTUNITY TO MINT MILLIONS … TAKE ADVANTAGE OF CHEAP VALUATIONS … YES SECOND DAY IN A ROW … WE BOLDLY ROAR TO SAY … GRAB AUROBINDO PHARMA IN MAY FUTURES … WE ARE CONFIDENT BECAUSE WE KNOW … SOMEBODY HAS EATEN UP HUGE QUANTITY IN DELIVERY & FUTURES IN LAST 2 DAYS … 100 % AN EXPLOSIVE RALLY IN THE STOCK IN COMING FEW TRADING SESSIONS IN MAY FUTURES … SHORT SELLERS WILL BE TRAPPED BADLY … JUST GRAB 25 TO 100 LOTS … BOLDLY & CONFIDENTLY …FORGET SENSEX MOVEMENT … ONLY AUROBINDO PHARMA IN MAY FUTURES …!!!

MAH&MAH : Last close 736.60 Till the time stock is trading above Rs.732 there is no problem to bulls. Buy on decline for an upper target of Rs.752 and Rs.760. Above this stock will exploe to Rs.778 levels.

AIA ENG : Last close 1508 Just grab at the opening bell keeping stop loss of Rs.1480. Expect explosion in this counter straight away upto Rs.1544 during intraday, Cross over will take this to Rs.1590.

MCDOWELL : Last close 1127 Traders can play long only if there is a rally beyond Rs.1155. A struggle to rally above Rs.1155, will move it lower to Rs 1111, Trade below will take this to Rs.1076 & there after free fall upto Rs.1060 not ruled out. Hence traders can even go short keeping stoploss of Rs.1155.

INDIA INFOLINE: Last close 423.10 An intermediate term reversal will be signalled only on a rise past Rs 435. This stock is in a short-term down trend. Traders can go short keeping stop loss of Rs.435 for an lower target of Rs.410, Rs.396, Break could even take this to Rs.388 in panic.

DRREDDY : Last close 656.65 Resistances for the stock are at Rs.665. The stock needs to move above Rs.665 to make the short-term outlook positive. Traders can go short keeping stop loss of Rs.665 for an lower target of Rs.649, Rs.640 is also possible.

COLGATE : Last close 366.25 The short-term outlook will stay negative as long as the stock stays under the resistance zone of Rs.374. Inability to overcome this resistance can see the stock moving lower to Rs.359, Rs.352.

NOTE : This commentary is not a recommendation to buy or sell. Use at your own risk.

Disclosures : At the time of writing this article, author, his clients & dependent family members may have positions in the stocks mentioned above. The author, his firm, his clients or any of his dependent family members may make purchases or sale of the securities mentioned in website. Author may have positions in above stocks so have vested interest obviously in their going up or down as the case may be.

Disclaimer : Investing in any equity is risky. Our recommendations are based on reliable & authenticated sources believed to be true & correct, and also is technical analysis based on & conceived from charts. Investors should take their own decisions. We assume no responsibility for any transactions undertaken by them. The author won't be liable or responsible for any legal or financial losses made by anybody.

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