MARKET OUTLOOK FOR 31ST MAY 2010

NIFTY IS JUST FOLLOWING  OUR INSTRUCTIONS. NOW WE MODIFIED OUR TSL FROM 4972 TO 4984 (CLOSING BASIS). MARKET IS GOOD AS LONG AS NIFTY HOLDING THESE LEVELS.NIFTY MAY FACE SOME SORT OF RESISTANCE AROUND 5112.

NIFTY SPOT RESISTANCE AT 5112

FOR MORE ON NIFTY DO VISIT www.valuecm.com/nifty and www.valuecm.com .

STOCKS

TISCO SL 480 CLOSING BASIS

RIL SL 1004 CLOSING BASIS

HINDALCO TSL 143

DLF TSL 269

RELCAPITAL IS A BUY ON DIPS

JPASSOCIATE BUY SL 116

 

 

 

MARKET MOVING AS PER OUR ANALYSIS

MARKET IS MOVING AS PER OUR CALCULATION AND HITING ALL OUR TARGETS.

NOW WHAT NEXT:

NIFTY IF CLOSES ABV 5042 FOR 2-3 TIMES THEN WE EXPECT ANOTHER 150-250 POINTS RALLY.

OUR ALL STOCKS DID WELL LIKE RIL HINDALCO TISCO DLF UNITECH SBIN ETC ETC.

LAST WEEK WE SAW HUGE VOLATILITY BUT AT LAST MANAGE TO CLOSE ABV CRUCIAL LEVEL, WHEN ALL R SAYING SELLING AT 4820 LEVEL WE R GIVING PURE BUY.

NOW WE ARE FOLLOWING TSL

RIL TSL 995

SBIN TSL 2172

HINDALCO TSL 142

TISCO TSL 482

DLF TSL 260

ICICI TSL ???

UNITECH TSL??