Market out look for 8th june 09. --~--~---------~--~----~------------~-------~--~----~ 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 8TH JU
MARKET RECOMMENDATION FOR 8TH JUNE 2009.
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NIFTY(4586)-
Although market lost sharply during the last hour that was
understandably due to approaching week end. If market
opens and trades above 4596 then we may see 4660 and
4719.Nifty looks very strong and convincing in its present
rally, how ever traders may book profit to enter at lower levels.
Correction till 4550 and 4515 is possible today and this correction
can be extended till 4371 and 4200 if Nifty closes below 4550 for
2/3 trading days.
MTNL(117)-
BUY support at 114 and 112 SL 108.Target 130.
IDFC(133.5)-
BUY Solid support at 127 and 123 SL 117.Target 145.
RNRL(89.5)-
Support at 89 and 85 SL 75.Target 100 and 104.
MOSERBAER(105)-
Has resistance at 112 and 115,trading over these it can reach
130 and even 150 in coming days. Support exists at 100 and 95
SL 85.
JPHYDRO(96)-
Support at 92 and 88 and SL 80.Target 106 and 113.
(ALL SL ON CLOSING BASIS )
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