NIFTY SUPPORT:-
Today the first major support for Nifty is at 4555-4535.
Falling below this level, the 2nd major support is at 4515.
On recovery, Nifty may face resistance at 4595-4610 at higher levels.
INTRADAY STOCK:-
RELIANCE CAPITAL :
Sell stock at higher levels it faces resistance to move above 900, 905 for
down side targets of 885, 875.
Falling below this level, it may even fall upto 865, 855.
Keep stop loss at 915.
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TARGET ACHIEVED
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TATA MOTORS :
If this stock opens at lower levels, buy this stock near 410, 405
only on evidence of support and bounce back for targets of 415, 420, 425.
Keep Stop loss at 400.
If this stock opens at higher levels,
buy this stock above 425 for targets of 430, 435.
Keep stop loss at 420.
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STOP LOSS ACHIEVED
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Posted by
Dharmik Patwa
Wednesday, July 29, 2009
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