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Thursday, June 5, 2008

Markets For 06-06-2008

ALERT: >> If the recovery continues in the market tomorrow, Nifty resistance would be 4720-4740 and then test 4820.

NIFTY FUTURE- BUY ABOVE 4670 SL-4620. POSTIONAL LONG STOPLOSS IS 4600, TRY N EXIT ON RALLIES N KEEP SL OF 4820 FOR SHORT POSITIONS.

TOMORROW INFLATION EXPECTED,DAY HIGHLY VOLATILE,TRADE EXTREMELY CAREFULLY

Buy wipro above532 sl498 tgt565-590-630.

Buy PVR sl178 tgt 198-211-240.

Buy KRBL above129 sl 122 tgt 136-144.

Buy MLL abve118 sl 112 tgt128-140.

Buy ABAN@3600 & Below,SHORT TERM TARGET@5000,SL@3000,

CAIRN BUY 264 STOPLOSS 259-TGT 270,274

Buy Reliance Industries with a target of Rs 2380+++
HEARD IN THE STREETS:- RELIANCE IND., MIGHT CONSIDER A LIBERAL BONUS ISSUE ON ITS BOARD MEETING ON 12TH JUNE...BUY RIL 2400/2500 CA, (CALL OPTION)

LT
TRADES BELOW 2734 SELL -SL 2740.
TRADES ABOVE 2740-BUY-SL-2730 TGT-2760,2785,2818.
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