Tuesday, September 6, 2011

TREND FOR 7th SEPTEMBER

Markets continue to be in positive territory with crossover of 5 EMA over 10 EMA, thus the Nifty is likely to move up to 5110 & on the downside may slip to 5006. Long positions can be taken in ESCORTS for a target of 130, HEG for a target of 250, HEXAWARE for a target of 94, INFOTECENT for a target of 143, JETAIRWAYS for a target of 383, MCLEODRUSS for a target of 276, ORCHIDCHEM for a target of 290, RAYMOND for a target of 408.

                                                                 CHEERS !!!

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