Outlook for Monday 18Dec06:

Today the markets will be definately volatile. It will open on the higher side and I suppose will close on the lower side. The Nifty has a near support at 3866.00 and far support for 3790.00 which is very crutial for determining the next trend of the markets. The Nifty has a near resistance at 3930.00 and far resistance at 4000.00 levels. I would boldly recommend to go short at the higher levels. At the end of the day whether the Nifty closes above or below 3930.00 is the question.

Trading calls for 18Dec06:

Buy Canara Bankat current levels for intraday target of 285.00(Cash/F&O)
Buy Dabur above 149.25(Cash/F&O)
Buy Hindalco above 181.60(Cash/F&O)
Buy Tata Motors above 868.00 for target 885.00 and 900.00(Cash/F&O)
Buy Educomp in cash above 734.00(Cash)
Buy Shubash Projects in cash above 239.00 with stoploss 221.00 for target 261.00(Cash)