Friday, June 20, 2008

Newsletter for 20th June 2008 & Nifty Outlook

Market Outlook - After a 2 days of continuous fall in our markets, today it is expected to be an upmove/strong pull back in the markets. Inspite of Inflation figures coming high for this week too. Markets are expected to ignore all these news & inch up...

Nifty Futures - Downside support around 4430/4440 levels & on the upside may inch upto 4550++ levels today...

We have got a Target of 5000 & 5200 for Nifty by July end to Agugust 1st week....Watch out !!

Unitech - Support around 184-185 levels & on the upside 197 & 200++ levels...

Bhel - Support around 1380/1390 levels & on the upside may inch up to 1460/1480 levels...

Ranbaxy - Support around 547/542 levels Target 640 within 1 to 2 months....May Accumulate for Delivery...

Tata Motors - Hot Stock for today. Support around 500/495 levels..may move upto 516 - 520++ levels....

Stocks for up move up Ranbaxy,Reliance Ind, Bhel, Titan & National Aluminium today....

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Anupam Dujari

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