Dear Sir.
Attached herewith market out look for 9th june 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 RECOMMENDATION FOR 9TH JU
MARKET RECOMMENDATION FOR 9TH JUNE 2009.
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NIFTY(4409)-
We had advised yesterday that traders may book
profit and re-enter at lower level, and market just did that.
However the sell off of second half was too much too soon,
present correction was due .Market now hassupport at 4370
and closing below this Nifty may test 4200.On the upside
resistance is at 4525,4560 and 4582.
MRPL(91)-
Support at 87 and 82 SL 75.Resistance at 98 closing above this
target can be 110.
SUZLON(121)-
It has strong support at 115,if this is breached 110 and 105.
On the upside resistance at 125 and 132,closing above 138
it may reach new recent high.SL 100.
MTNL(106)-
The stock breached a major support at 112 next is 105.Trading/closing
below this target can be 100 and 95.On upside it can reach 112 and118.
POLARIS(102.7)-
Support at 100 and 98 SL 90.Target 109.
MOSERBAER(102)-
Stock can move up if it does not breach 100.1st target is 109 and if it
closes above this it can move till 120.SL 90.
(ALL SL ON CLOSING BASIS)
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