Thursday, January 27, 2011

DOWNTREND

Markets have slipped into downtrend & are below 200 DMA & in short term NIFTY may go down up to 5376, so for a while till the markets resumes its uptrend it is better to stay away from longs.However even in this downtrend, you can go long in ACC for a target of 1070, AMBUJACEM for a target of 140, AREVAT&D for a target of 330, NETWORK18 for a target of 156.
                                            

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