Monday, June 6, 2011

TREND FOR 7th JUNE

Markets appear to be fully valued & thus are neither prepared to go down nor ready to go up for lack of any major cues & thus are just playing around in a range, I really wonder if anyone is making money out of the Markets currently. The Nifty technically is in a positive zone & may move up to 5636 & the downside appears to be limited to 5510 - 5474. Long positions can be taken in NDTV for a target of 82, ORIENTBANK for a target of 370, RCF for a target of 90, THERMAX for a target of 720, CHAMBLEFERT for a target of 90, COREPROTEC for a target of 320.

                                                        CHEERS !!!

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