Sunday, May 8, 2011

TREND FOR 9th MAY

Though it was a decent rally on Friday riding on the fall in Crude prices, technically speaking the markets are still in negative zone but may have found it's bottom & thus may move up to 5573 - 5645 & on the downside may slip to 5470. We can certainly start nibbling & take long positions in JETAIRWAYS for a target of 541, KOTAKBANK for a target of 473, KESORAMIND for a target of 224, ORCHIDCHEM for a target of 325, ORIENTBANK for a target of 354.

                                                              CHEERS !!!

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