Wednesday, May 28, 2008

Dow jones +68, Nasdaq +36. Crude Slip from 135 and currently traded near 128

Dow jones +68, Nasdaq +36. Crude Slip from 135 and currently traded near 128, this is positive reason for market. Today market have support near 4850 and above this you can see level up to 4880,4900. If break 4850 then fall up to 4800 excepted. The index has Resistance near 4900-4913, and Sensex have resistance near 16500.
On daily & weekly chart basis Major stocks look week
Yesterday GOOD volume seen in Fertilizer Stocks
NTPC Keep SSl 175 tgt 182,185
BHEL SSL 1650 tgt 1668,1675,1685
ZEE TV Keep SSL 227 tgt 234,237,240
Small cap masala - Suven Life science Keep Sl 33 tgt 36,38
You can see bounce back In Jaipraksh Ind. , All Bank Stocks In oversold position.Today positive momentum possible in IOC ,BPCL

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