NIFTY OUTLOOK:-
Nifty fails to move above and stay above 4565-4585 resistance zone,
Nifty may surrender its gains and it may fall to lower levels. At lower levels,
Nifty fails to take support and bounce back from 4525 4490 support zone,
there will be further weakness and Nifty may touch further lower levels.
INTRADAY STOCK:-
RELIANCE :
Sell this stock at higher levels fails to move above and stay 2260, 2265
Down side targets of 2245, 2225, 2200.
Keep Stop Loss at 2290.
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TARGET ACHIEVED IF YOU SELL AT HIGHER SIDE YOU EARN PER SHARE 25/-
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INFOSYS :
Sell at higher levels if it fails to move above and stay above 1660, 1665, 1670
Down side targets of 1645, 1630, 1610.
Keep Stop Loss at 1685.
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Posted by
Dharmik Patwa
Thursday, June 4, 2009
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