Dear Sir.
Attached herewith recommendation for 14th May,09
Zahid latif--~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en -~----------~----~----~----~------~----~------~--~---Title: MARKET RECOMMENDATIONS FOR 14 TH
MARKET RECOMMENDATIONS FOR 14 TH MAY 2009.
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NIFTY(3635)-
Just as we had predicted market session had wild swings, finally
gave up all the gains and closed near days low. Although up move
is still in tact, it appears speculators have started playing major role
in the volatility. Unless genuine buying in good volumes comes in
market will find it difficult to sustain at higher levels. Today it must
trade over 3703 to reach higher levels. On the down side side 3622
and 3578 are support.
3IINFOTECH(57.85)-
Support at 56 and 50 SL 48.Target 63 and 67.
NDTV(110)-
Support at 109 SL 105.Target 118,close over this next target 126.
HINDALCO(71)-
Support at 68 and 66.5 SL 64.Target 77.
YESBANK(88.35)-
Support at 85 and 82 SL 77.Target 94.
INDIABULLS(155)-
Support 153,150 SL 143.Target 165.
(ALL SL ON CLOSING BASIS)
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