Dear Sir.
Please find attached herewith market out look for 20 th july 09.
Thanking you.
For 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 20TH JULY 20
MARKET OUT LOOK FOR 20TH JULY 2009.
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NIFTY(4374)-
Market rallied smartly on Friday to close near days high,
today upward move may be tested at 4397 and 4400.Since
market is gaining for 5 days at a trot some correction may
not be be ruled out, on the down side 4331 and 4235 are crucial
level. If market manages to stay above 4050 in the next dip we
will see resumption of rally which had disrupted since budget.
SAIL(168)-
It reached our target of 170 on Friday, today it may try the support
level of 165 or if it trades above Friday close may reach 175.
On correction it may dip to 160 and 155,which may be the SL.
IDFC(139)-
SELL at 142 SL 145.Target 136.
UNIPHOS(149)-
Exit the script at 153 SL 155.Reenter at 145 SL 140.Target
162.
HINDALCO(84.3)-
Target 89.Support at 79 and 77 SL 75.
MOSERBAER(77)-
SELL AT 80 SL 83.Target 75.
ALL SL ON CLOSING BASIS.
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