Thursday, June 11, 2009

12/06/09 mkt view

Though at current dow jones movement looks quite positive our market I expect to open flat tomorrwo with a choppy session...

today all heavy weights like RELIANCE, ONGC AND SBIN were on sell notes so its quite possible that to get market above 4700 these scrip needs to play an imprortant role.

Those holding our favourite TATA COMM may be making a good profit still look good on charts with a 50 to 100+ in a couple of trading session hold it.

new scrip to look out is MATRIX LAB buy with Rs. 207 stop loss and will be better above 211 level

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

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