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27 Apr 2008

TISCO: Indian Stock Update for week ending 28 Apr-03 May

1. It is likely that TISCO may remain range bound between 739-839 levels. One has to observe the support 719 levels. In case if 719 level is broken than stock may touch 650 levels.

2. However if 806 level is broken than one may see the levels of 814 and 839 in short time frame. Presently stock is showing a neutral trend and will turn bullish if 805 levels is broken with volumes.

3. Long term investors can take the exposure if stock moves above 851 levels.

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