Dear Sir.
            Find attached herewith market out look for 18 th June.
www.stocksformula.com.
Zahid latif

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Title: MARKET OUT LOOK FOR18TH JUNE 200

MARKET OUT LOOK FOR18TH JUNE 2009.

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NIFTY(4356)-

Yesterday (17th June) was the fourth day of market correction

though there is no fears of any sell off but further fall is on cards,

which will attract fresh investment. If Nifty continues to trade

below 4400 we may find 4200 as support. If 3330 is protected

for the day and  Nifty trades above 4400 next resistance is at 4500,

and presently crossing over 4600 is mandatory for the rally to continue.

MOSERBAER(99.95)-

Support at 95 and SL 87.Target 106.

IDEA(80)-

Target 86, Support at 75 and SL 70.

BALAJITELE(58.95)-

SELL @62 SL 64.Target 56 and 50.

JPHYDRO(86.9)-

SELL @ 93 SL 96.Target 80.

RNRL(94)-

Support at 92 and 90 SL 86. Target 107.

(ALL SL ON CLOSING BASIS)

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