NIFTY SUPPORT:-
Nifty takes support near 4560, 4545 support zone on any intraday decline,
it will bounce back and move in upward direction.
At higher levels, if Nifty moves above and stays above 4640-4655 resistance zone,
it will try to touch further higher levels.
Stock Tips:
TATA MOTORS :
Buy this stock on declines near 367, 365, 362
Targets of 372, 375, 378.
Keep stop loss at 360. Moving above 378,
This stock may even try to touch 382, 385.
TATA STEEL :
At higher levels, sell this stock if it faces resistance
to move & stay above 448, 450, 452
for down side targets of 442, 438, 433.
Keep Stop Loss at 455.
At lower levels you can also buy this stock near 435, 433, 430
Evidence of support for targets of 442, 445, 448.
Keep stop loss at 429 for long positions.
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Posted by
Dharmik Patwa
Monday, July 27, 2009
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