Wednesday, June 3, 2009

04/06/09 mkt view

now again 4440 cash acting as an good solid support for market but looking at most of heavy nifty based scripe resistance for market is getting lower and lower today the main scrip to look for will be ONGC, ongc is good only above 1180 closing basis or it may drag the market to 4450/4460 level in todays trade...

better avoid carrying out ksera sera at currnet level and start accumalating TATA COMM AT 450 strict stop loss for a very healty gain in the counter.

some of the level to look for

NIFTY 4520/4580
RELIANCE 2240/2308
RELCAPITAL 960/998
TATA STEEL 488/500
SAIL 175/185
STER 700/735
BHARTI 784/820
UNITECH 94/96.5
ONGC 1160/1180

DISCLAIMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY

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