Wednesday, February 2, 2011

NOT OUT OF THE WOODS YET

With the help of the positive global cues, at least the 5 days loosing streak has been halted, but the markets are not yet out of the woods as every upward dash is getting sold. However if the global cues remain supportive, the NIFTY is likely to try to inch up to 5500 & on the downside 5310 appears to be a good support level.

All  most all the stocks are currently at their bottom levels, but some stocks like - APIL for a target of 638, Apollotyre for a target of 59, Federalbnk for a target of 375, Finantech for a target of 794, Gitanjali for a target of 215 are showing positive structures for long positions.
                                                               CHEERS !!!

No comments:

Post a Comment