NIFTY OUTLOOK:-
Nifty stays above 4485-4500 resistance zone,
Nifty will try to touch further higher levels.
Nifty manages to remain above 4440-4400 on any intraday decline,
it will bounce back and move in upward direction.
INTRADAY STOCK:-
RELIANCE CAPITAL :
Buy RELIANCE CAPITAL at lower levels or on declines near 935, 930, 925
Support and bounce back for targets of 955, 965, 975.
Keep Stop Loss at 915.
This stock opens at higher levels and starts moving above,
you can also buy this stock above 955 for targets of 965, 975, 985.
Keep Stop Loss at 945 if you buy at 955.
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OUR TARGET ACHIEVED IF YOU BUY AT 935 PER SHARE YOU EARN 45/-
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ACC :
Buy ACC at lower levels or on declines near 790
on evidence of support and bounce back for targets of 810, 825.
Keep Stop Loss at 755.
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OUR TARGET ACHIVED IF YOU BUY AT 790 PER SHARE YOU EARN 43/-
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Posted by
Dharmik Patwa
Monday, June 1, 2009
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