Saturday, June 27, 2009

29/06/09 mkt view

so it seem that market get out of 4360 nifty range indicting that now nifty should not be short on last session so now what would be the next level to watch out for...

The answer lies with the movement of SBIN and RELIANCE....only both this scrip can help to move nify to 4500 level if sbi go above 1765 level closing and reliance above 2050 on closing basis....any one of scrip will enough to move nify and give 4400+ level for nifty so hold your nifty untill this two scrip hold with this level...

on chart DCW looks good so one can start accumulating at current level...

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

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