WEEKLY VIEW Last Week was………………. · Markets turned volatile once again with indices witnessing see-saw movements of one day up and the next day down for most part of the week. Indices closed on a weaker note as compared to the last week. · Both Sensex and Nifty closed the month above the January 2008 close and on Quarterly basis the close was higher than March 2008 levels. Market Level…………………. · BSE SENSEX (17461) Support seen @ 17395--17164. Resistance stands @ 17630-17778 · NSE NIFTY (5237) Support seen @ 5207-5176. Resistance stands @ 5285-5325. Stock to watch for next Week………….. STOCK SL CMP TARGET ACC 852 860 865-875-888. AXISBANK 1215 1237 1257-1275. BHEL 2370 2390 2435-2458 SBI 2230 2265 2292-2355 TATASTEEL 460 475 479-487-496 (Re enter only above 479)Hot Call for next week………………… · ONGC(1305) KEEP STOP LOSS OF 1275 NEXT TARGET 1325-1357-1384. · RIL(1068) KEEP STOP LOSS OF 1045 NEXT TARGET 1078-1092-1116. |
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Friday, July 2, 2010
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