Dear Sir.
Plz find enclosed herewith market recommendation for
18th 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 RECOMMENDATION FOR 18TH M
MARKET RECOMMENDATION FOR 18TH MAY 2009.
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NIFTY(3671)-
Markets are expected to open with a huge gap up after the
fantastic turn of events at the political front, which (political uncertainty)
was hanging like a sword over the market. If it opens above 3800,
it may touch 4000 mark, now we can look forward to 4200 and
even 4500 in near to medium term. Budget is likely to be presented
some times in June/July and in our estimate markets will continue
to trade firm till then. Now on the lower side 3500 can be the
the support.
ABB(492)-
Support at 470 and SL 450.Target 530.
REDINGTON(140)-
Target 155 support 138 and SL 135.Target 150.
INDIAINFO(94)-
Target 123.Support at 84 and SL 78.
RANBAXY(199)-
Support at 168 and SL 163.Target 230.
POLARIS(76.5)-
Support at 75 and SL 70.Target 95.
(ALL SL ON CLOSING BASIS)
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