Today Infosys, Inflation, Industrial Production.

Mkt take a good support aroound 13700 level. Also put level built up near 4000 level.
The prior resistance of 4,114.5 provided a good support. As the momentum indicators on the daily charts are giving positive signals, bulls should gain an upper hand in the coming sessions. Further, the directional indicator ADX is showing signs of weakness and is crawling southward from the top, which is an indication of a change in short-term trend. On moving up, Nifty will face resistance at 20 DSMA, which is around 4,228. Also the hourly KST has given a negative crossover, so an intraday correction can be expected. Market breadth was marginally positive with 625 advances and 585 declines.
Market Rumour Is Black Friday Is IT Possible ?
BUy Aban Offshore SL 2800 tgt 2850,2875
Buy India Bulls Fin SL 248 tgt 260,275
BUy BRFL SL 299 tgt 310,316
Havells Chart indicating positive diversion, volume also incease Keep SL yesterady close 362 and buy tgt 375.
Prajay Eng. If cross 67 with volume buy it will touch 75.
July 7 2008 --> Our short- and mid-term bias is still up for the target of 4,300 and 4,500 respectively with the short- and midterm reversal at 3,850 and 3,780 respectively. Our reversal tgt achived and going on our mid-term bias up tgt.