Hot Stocks For Tomorrow (17th May '11)

The Nifty May future closed 3.90 pts or 0.07 % higher at 5558.90. The Nifty future closed almost
flat in gains with widens the premium to 14.15 from 3.55 and witnessed a slight increase in open
interest by 0.24 % and increase in the cost of carry by 54.86 %. It indicates some fresh positions
were added and so nifty future may show some uptrend in the coming trading sessions.

Hot stocks For Tomorrow-
Here are some hot stocks which may give a good profit on tomorrow's trading-

Lupin Ltd
    Resistance 3    463
    Resistance 2    456.9
    Resistance 1    452.4
PP (Pivot Point)   446.3
    Support 1      441.8
    Support 2        435.7
    Support 3        431.2

Action:- Buy on Lupin at the current market price (CMP) of Rs 448.05
For the target of Rs 455-460.

ISMT Ltd

    Resistance 3    50.65
    Resistance 2    50.25
    Resistance 1    49.55
PP (Pivot Point)   49.15
    Support 1      48.45
    Support 2      48.05
    Support 3      47.35

Action:- Buy on ISMT at the current market price (CMP) of Rs 48.85
For the Target of Rs 53-57.

TRF Ltd

    Resistance 3   464.5
    Resistance 2    452.65
    Resistance 1    438.25
    PP (Pivot Point)      426.4
    Support 1      412
    Support 2 400.15
    Support 3      385.75

Action:- Sell on TRF at the current market price (CMP) of Rs 423.90,
for the target of Rs 416-412.