Dear Sir.
Please find enclosed herewith recommendations for 15 th May.
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 15 TH
MARKET RECOMMENDATIONS FOR 15 TH MAY 2009.
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NIFTY(3593)-
Markets reacted to global clues and had a gap down opening,
how ever had reasonable closing. Today it has to open over
3617 and cross 3700 in course of the day to confirm the strength
of the rally. On the down side 3534 and 3519 are very crucial,
if index does not hold there next support is at 3450. The present
situation is unclear and potentially risky, all long positions must
be hedged. How ever even if market slips due to political or
any factor fresh buying will come in at lower levels.
TATASTEEL(264.5)-
SELL @ 275 SL 280. Target 255.
ZEEL(139)
Support at 135 and 132 SL 126. Target 148 and 152.
STER(447)-
SELL - @ 480 SL 490.Target 435.
SCI(95.2)-
Support at 91 and 89 SL 86.Target 99 and 105.
ABGSHIP(153.30)-
Support at 147 and 142 SL 135.Target 160 and 165.
(ALL SL ON CLOSING BASIS)
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