Technical Strategy: 5th May 09

F. Nifty levels:-
Pivot Point: 3644 ; Resistance: 3683 ; Support:3618

Positional view of Trend changing stocks
Stocks to Buy at Lower levels.
ALSTOM POWER @ 336.65 , Sl 325.00 ,Cmp340.85
BAJ HOLD INV @ 360.68 Sl 345.00 ,Cmp 355.05
BHEL @ 1704.30 Sl 1685.00 ,Cmp1706.90
HDFC BANK @ 1152.23 Sl 1119.00 ,Cmp1194.70


Stocks to Short at Higher levels.
CRISIL LTD @ 2971.72 , Sl 3031.00 ,Cmp2900.15
EICHER MOTOR @ 200.83 , Sl 208.00 ,Cmp197.60


Stocks to Watch: RUCHI SOYA , KESORAM IND , BLUEBIRD(I) , ASTRA MICRO , CUMMINS (I)

Previous days High Crossed: ABAN OFFSHO , ALLAHABAD BK , ADI BIR NUVO , AXIS BANK , BALRAM.CHINI , CANARA BANK , CROMPT.GREAV , GODREJ IND

Previous days Low Crossed: ABB LTD. , EDUCOMP SOLN , ALLCARGO GLO