Saturday, July 18, 2009

20/07/09 mkt view

Now from 4250 support should move to 4350 on closing basis....... nifty if trade above 4400 level then one should not short strictly its getting weaker below 4350 on closing basis only strictly....
Above 4400 level its open upto 4600+ level....from here RELIANCE/SBIN looks to support nifty so be careful in shorting....Looking at bullish sign we are giving only buy calls for Monday trading.

GTL INFRA buy above 34 only with Rs. 33.25 stop loss target 37/38 intraday
EIH LTD buy with stop loss 107 for a target of 120+ in a couple of days
APTECH buy with Rs. 160 stop loss for a target of 180+
MLL buy with Rs. 55 stop loss with a target of Rs. 58/60
Dr. REDDY buy with Rs. 750 stop loss for a target of Rs. 825+

DISCLAIMER- ITS GOOD TO ASSUME THAT ME AND MY CLIENTS HAVE THE SAME POSITION DISSCUSSED

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