Dear Sir.
           Attached herewith market out look for 1st JULY.
For
www.stocksformula.com
Zahid latif

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Title: MARKET OUT LOOK FOR 1ST JULY

MARKET OUT LOOK FOR 1ST JULY,2009

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

NIFTY(4291)-

We predicted here yesterday "if market trades some

time below 4400 it may slip to 4270",and nifty touched

4267 before making a mild recovery. Today  4280 is

a crucial level if this is not breached market may

 recover till 4350 and 4390,sustaining above that is

positive, but it looks difficult, as market looks set for

further correction, unless market gets some very good

boost.

MOSERBAER(88.85)-

SELL at 94 SL 96.Target 85.

IFCI(52.35)-

SELL at 56 SL 58.Target 50.

JPHYDRO(89.9)-

SELL AT 94 SL 96.Target 85.

IDBI(110)-

BUY with 107 as support and 104 as Sl.

Target 116.

(ALL SL ON CLOSING BASIS)

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