Sunday, July 5, 2009

06/07/09 mkt view

So now for the nifty 4450 spot will be the crucial resistance above this nifty may touch 4500/4600 level also....and definetely Reliance will be the key to help nifty touch this level so for Reliance Rs. 2040 will be the crucial resistance which will lead Reliance to 2100+ level....

All power shares look fresh interest Suzlon, Powergrid and Ntpc looks more on buy side than sell side besieds metal sector also looks good on the charts which may help with the Reliance to take market to new high...

For tomorrow Buy Reliance above 2040 only with intraday stop loss of Rs. 2005

DISCLAIEMER- ITS GOOD TO ASSUME THAT ME AND MY CLIENTS HAVE THE SAME POSITION DISCUSSED

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