News Letter 17th March 2006

News Letter—Dated 17^th March 2006

NSE_BSE@yahoogroups.com

Visit: http://nse-bse.blogspot.com/

NIFTY: Previous Close 3226.60 (31.25) Resistance - 3230, 3250, 3275 Support - 3200, 3180, 3157

SENSEX: Prev Close 10878.70 (77.00) Resistance- 10900, 10930, 10960 Support -10760, 10730, 10700

Sensex Range for This Week: 10600-11000 above which it will touch 11200, Book profit at this level.

Today Keep booking profits at higher lavel, profit booking at higher levels not ruled out.

CRIPT	CLOSE	RESISTANCE	SUPPORT	TREND
DAY TRADING:
SBI	962.60	965	950	Short Term Tgt 960-1000
ONGC	1195.75	1200	1175	Bullish Short Term 1250
RELIANCE	768.50	775	760	Tgt 775-780 Sell at higher
TATA STEEL	469.85	475	460	Bullish after cross of 480
ACC	762.35	775	750	Sideways Enter after 772
VSNL	407.75	410	400	Bullish Tgt 420
SATYAM COMP	824.05	830	810	Bullish
BEL	1328.75	1335	1310	Highly Bullish Short Term
INFOSYS	2921.80	2950	2900	Bullish Tgt 3050
Short/Long Term Investment
Innosoft Technology	Buy above 25			10-20% Gain is seen
Agro Dutch Ind	35.60	38	33	Short term Tgt 40-50
Petronet LNG	54.85	57.5	53	Short term Tgt 70
3Iinfotech	178.20	184	170	Short term Tgt 200+

Short Term Buy:

MTNL: Accumulate for Short Term Tgt of 170-180 and then 200

3Iinfotech: Short term bullish signal Tgt 195-200 Long Term Tgt 250

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