Trading Calls for 01Aug07

Nifty: 4528.85 +88.80 Points Sensex: 15550.99 +290.08 Points

FII Activity:
Cash Segment: 34.63 crores net buyers
Index Futures: 994.29 crores net buyers
Stock futures: 97.78 crores net sellers

Advance Decline ratio: 781:327

Outlook for 01Aug07:
The Nifty for today should find support at 4497-4455-4433 and should find resistance at 4550-4575-4600.

Futures Trading Calls:

Buy Aditya Birla Nuvo if sustains above 1505 for target 1575.
Buy Kotak Mahindra Bank if sustains above 758 for target 780.

Cash Market Calls:

Buy Jindal Poly film if sustains above 185.50 for target 225 with stop loss 173.

Points to Note:
1. All calls are for swing trading and should ideally hit the target within 5-6 trading sessions. Any calls other than swing calls will be specifically mentioned.
2. The calls provided on day 0 holds good for the next 2-3 trading sessions if fails to sustain above/below the mentioned levels on day 1.

Disclaimer: The recommendations provided would be purely on my personal opinion and doesnot reflect any fund house interest or my personal holdings. I would not be responsible for the loss in trades undertaken based on my recommendations.