Dear Sir.
Please find attached herewith market out look for 24 th
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 OUT LOOK FOR 24TH JUNE 20
MARKET OUT LOOK FOR 24TH JUNE 2009.
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NIFTY(4227)-
Although markets managed to close at green, the correction
which started on 12th June ,it seems will continue unless NIFTY
closes above 4280 and trades there for at least 2/3 days.
In any case on the up side breaking above 4450 or 4500 looks
difficult. On the down side support at 4175 is crucial if this is
breached more down side till 4100 and 4080 can be seen.
MTNL(96)-
Support at 93.5 and 91 SL 88.Target 98 and closing over this
next target can be 106.
IFCI(53.2)-
Support at 51 and 49 SL 47.Target 55.
IDBI(108.8)-
Support at 106 and 100 SL 95.Target 113.
BALAJITELE(57.3)-
Support at 56 and 53 SL 52.Target 60 and 62.
UNITECH(77)-
Resistance at 79 and 84.Support at 75 and 73 SL70.
Below 70 next support is at 64.
(ALL SL ON CLOSING BASIS)
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