Technical Strategy: 15th May 09

F. Nifty levels:-
Pivot Point: 3587 ; Resistance: 3637 ; Support:3543

Positional view of Trend changing stocks

Stocks to Buy at Lower levels.
DLF LIMITED @ 241.78 , Sl 222.00 ,Cmp249.20
ORACLE FIN . @ 918.28 , Sl 847.00 ,Cmp950.85
UNION BANK L @ 170.80 , Sl 164.00 ,Cmp175.50
PUNJ LLOYD @127.58 , Sl 122.00 ,Cmp130.00


Stocks to Short at Higher levels.
BALRAM.CHINI @77.27 , Sl 79.00 ,Cmp 76.40
CAIRN IND @ 204.52 , Sl 206.00 ,Cmp195.80
LARSEN & TOU @ 960.00 , Sl 973.20 ,Cmp 947.20


Previous days High Crossed: BRITANIA IND , E.I.D.PAR , ELECTROTHERM , GREENPLY IND , ICI INDIA , JL MORISON

Previous days Low Crossed:AXIS BANK , BHUSH STEEL , DABUR (I) , EDUCOMP SOLN , JSWSL , ICICI BANK , INDIABULLS , ROLTA (I) , SUZLONENERGY , TATA MOTORS ,
TATA COMM , WIPRO LTD.

Stocks to Watch: CADILA HEALT , FAG BEARINGS , ZYDUS WELL

Buy Call Option: DLF LIMITED of SP 260.00 @ 15.25 , SL 7.00 , Cmp249.20

Buy Put Option: BALRAM.CHINI of SP 75.00 @ 3.50 , SL 1.75 Cmp 76.40