Wednesday, August 4, 2010

Market Review and Tips

Everyone is saying that market ll cross 5500 and provides higher targets 5600-6000 etc but still we are not able to cross it however world market performed very well yesterday dow closed 200+,asian markets also traded in green,because of that we had good opening but we could not crossed 5500 even could not sustain higher levels,what does it indicate,which type of trigger it needs,Beware !!, its time to understand and to take calculated and informed decision.On 04 aug market may react as per these levels 5391-5408-5424 supports and 5457-5474-5489 resistances.Trade accordingly.GOOD LUCK.
SELL ALLAHABAD BANK FUT AUG ABOVE 202 SL 215 TRGT 190-80.
START BUYING JPASSOCIATE SL 108.
KEEP AN EYE ON FOLLOWING STOCKS TOMORROW:-
HOTELLEELA,MAXWELLINDS,SHRENUJ,TEXMACO,NBVENTURES,HIRECT.

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