Dear Sir.
            Attached herewith market out look for 13 th July 09.
For www.stocksformula.com
(zahid Latif)

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Title: MARKET OUT LOOK FOR 13 TH JULY 2

MARKET OUT LOOK FOR 13 TH JULY 2009.

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NIFTY(4003)-

Markets slipped rapidly during last hour confirming

the nervous sentiments prevailing since budget.

Today if 3977 is not breached there is some chance

of recovery till 4068 and 4120.Only couple of close over

4129 can end the present fall. Below 3977 market can get

support at 3874.Large funds and it seems are waiting for

global markets to recover before investing further.

SBIN(1543)-

SELL if the stock recovers till 1590 1605 as SL.Target

1500.

ZEEL(167)-

BUY considering 165 as SL.Target 176.

IDEA(67.6)-

SELL @ 69 SL 71.Target 62..

HINDALCO(72.5)-

SELL @ 76 SL 78.Target 71.5.

CENTRALBANK(93)-

SUPPORT AT 91 AND SL 88.Target 100.

SAIL(153.5)-

If it trades above 153 it may rise till 158 and

162.Closing below 148(SL) it may sink till 130 in

coming days.

(ALL SL ON CLOSING BASIS ONLY)

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