NIFTY 50 HOT

Monday, January 5, 2009

Out mkt also open positive as per package & Positive global trend.

Govt. 40000 Crore package pump the Stock mkt. Out mkt also open positive as per package & Positive global trend. Nifty has kissed the upper trend line of the ascending triangle.If Nifty manages to clear the hurdle of the upper trend line(higher top),a conservative target of Nifty will come at our mid-term target 3250.
Yesterday we recommended that nifty can go up to 3105 & you can see what happen nifty touch 3092 and back from that level.
Buy Techmah next tgt 300 sl 260
TVS Motors Volume Spurt in this scripe Keep Sl 22 and Go long it will go 25 then after 28,30
Bombay Dying buy Keep SL 205 tgt 215,220

Buy Siemens above 300 tgt 310…350 keep Sl 290

Buy Madras cem Keep sl 69 tgt 75
Nitin fire sell below 225 tgt 200
NMDC sell below 200 tgt 175
NDTV Sell below 125 tgt 120,115

Sell Maruti Crude rise will take nagetive effect on maruti Also maruti have resistance near 575. So Keep Sl 575 and go short at higher level.

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