Saturday, July 9, 2011

TREND FOR 11th JULY

Markets took an expected plunge yesterday, which was in fact due from Thursday & though technically the markets are still in positive zone, we can expect some more profit booking & thus the Nifty is likely to retrace up to 5612 - 5570 & on the upside may move up to 5768. Long positions can be taken in PURVA for a target of 103, RAYMOND for a target of 400,VIDEOIND for a target of 219, ONGC for a target of 325, CUMMINSIND for a target of 724.
                                            CHEERS !!!

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