Dear Sir.
            Please find enclosed herewith market out look for 26 th
june 09.
Thanking you.
For www.stocksformula.com
(zahid latif)

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Title: MARKET OUTLOOK FOR 26TH JUNE 09

MARKET OUTLOOK FOR 26TH JUNE 2009.

===================================

NIFTY(4265)-

Market was volatile on the settlement day, the last

hour sell off and close off  days low has kept the guessing

game open for traders and we repeat our recommendation of

"wait and watch". Support at 4200 and 4175 are crucial and

will decide the trend. On the up side 4350, 4440 and 4500

 are likely targets.

SUZLON(119)-

Support at 112 and 108 SL 108.Target 129 and 137.

JPHYDRO(94.50)-

Support at 88 and 86 SL 83.Target 97 and 100.

UNITECH(82.70)-

Support at 79 and 77 SL 75.Target 87 and 90.

IDBI(112.9)-

Support at 110 and 108 SL 104.Target 120.

BALAJITELE(56.7)-

Support at 55 and 53 SL 51.Target 60.

(ALL SL ON CLOSING BASIS)

=======================================

 

 

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