Monday, September 5, 2011

TREND FOR 6th SEPTEMBER

Markets are technically in positive zone & consolidating, being above 5 &10 EMA, thus the Nifty is likely to move up to 5063 - 5110 & on the downside may slip to 4970. Long positions can be taken in CUMMINSIND for a target of 645, DCB for a target of 66, DIVISLAB for a target of 842, ESSAROIL for a target of 132, FEDERALBNK for a target of 441, FINANTECH for a target of 846, GESHIP for a target of 284, GTOFFSHORE for a target of 214, JPASSOCIAT for a target of 81, KPIT for a target of 185.

                                                               CHEERS !!!



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