Monday, July 18, 2011

TREND FOR 19th JULY

Markets technically have slipped in to negative zone & are below 5 & 10 EMA, but appears to be indecisive. Thus the Nifty may slip to 5500 - 5470 & on the upside may move up to 5588 - 5658. Long positions can be taken in DENABANK for a target of 111, GUJNRECOKE for a target of 58, HDIL for a target of 188, HEG for a target of 263, IOB for a target of 164, JSWSTEEL for a target of 963, ORBITCORP for a target of 56, SOBHA for a target of 310.
                                                                CHEERS !!!

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