INTRADAY TIPS FOR 13TH FEB, 2007

DOWN THE MEMORY LANE.

THOUGHT FOR DAY

Flexibility means being able to make problems into teachers.

GENERAL: - As predicted market corrected further & nifty closed in negative territory.
Concern of further hike in interest rate due to serge in inflation had its effect.

Nifty – short term trend down. Crucial levels – 4040, 4020.

Nifty resistance
4148
4239
4291
Nifty support
4006
3953
3863

T.V. Today, targets - 109/50, 112, 117, 120, and 127.
ABG Shipyard, targets – 348,352, 354, 364.
Vardhman Industries, [low volumes], targets – 32, 33, 33/30.