Dear Sir.
Find attached market recommendation for 22nd May,2009.
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 22 ND
MARKET RECOMMENDATION FOR 22 ND MAY 2009.
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NIFTY(4210)-
Some uncertainty in government formation, weak global clue
and profit booking pushed the index down. Today will be another
weak session unless NIFTY trades above 4280 for some time, in
that case we can see 4350 also. On the down side support comes at
4160 and 4100,if it closes below 4160 we may see 4020.Market has
strong support at 3800,which can be a good level to enter in to long
position.
MTNL(92.15)-
Support at 88 and 86 SL 84.Target 100.
MRPL(62.25)-
Support 59,58 and SL 55.Target 70.
NAGARFERT(33.8)-
Support 30.5 ,28.5 SL 26.Target 37 and 40.
ROLTA(109)-
Support at 106 and 102 SL 94.Target 120.
RNRL(74.45)-
Support 72,70 and 68 SL 65.Target 80.
(ALL SL ON CLOSING BASIS)
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