Dear Sir.
Find attached herewith market outlook for 22nd June.
Thanking you.
www.stocksformula.com.
(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 OUT LOOK FOR 22ND JUNE 20
MARKET OUT LOOK FOR 22ND JUNE 2009.
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NIFTY(4313)-
As predicted on 19th June market made some recovery
as it did not trade below 4220 for very long. Any recovery
now on will be very slow and will have resistance at higher
levels, to day's first hurdle will be at 4384 and then next at
4447,Nifty must close above 4440 for 3/4 days ensure some
recovery. On the down side support is at 4286,4245 and 4236,
breaching level the Index may sink to 4150.
MRPL(83.7)-
IF the script trades/ closes above 85 it can touch 92.Support
at 80 and 77 SL 75.
UNITECH(80.25)-
It has resistance at 83 and 88.Support 78 and 75 SL70.
Recovery in this counter is possible if continues to close
above 80 in coming days.
SUZLON(112)-
Resistance at 117. Support at 107 and 104 SL 97.
Below 97 next support at 90.
MOSERBAER(91.4)-
Has support at 88 and 86,SL 80.Target 98 and 103.
ASHOKLEY(30.85)-
Support at 30 SL 29.Target 33 and 35 in 4/5 days.
(ALL SL ON CLOSING BASIS ONLY)
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