Dear Sir.
Pl find attached herewith market out look for 21st july.
Thanking you.
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 21ST JULY 20
MARKET OUT LOOK FOR 21ST JULY 2009.
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NIFTY(4502)-
Nifty zoomed propelled by corporate results , global
support and short covering (in the last hour). Today although
no major reversals are in visible, Nifty looks over bought
this call for some caution for intraday traders .
On the upside 4515 can be a resistance beyond this 4600
is likely. On down side Nifty has layers of support starting from
4494,4462 and 4324.This is a buy (selectively) in dip market.
Banking and IT stocks are likely to do well.
UNITECH(82.50)-
It has support at 80 and 78.5 SL 75.Target 87.
SUZLON(94.20)-
SELL below 93 for a target of 87.SL 97.
IDEA(74.90)-
Support at 72 SL 70.1st target 76 and 2nd 80.
IFCI(50.30)-
If it trades above 51.50 it can move to 55.It has
support at 47.5 and 45 must be the SL.
IDBI(103.5)-
Support at 101 and 99 SL 96.Target 110.
(ALL SL ON CLOSING BASIS)
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