MARKET OUTLOOK FOR 15TH JUNE 2010

ALL TARGETS OF NIFTY AND STOCKS DNE. MARKET MOVING FORWARD CAN SEE SOME SORT OF RESISTANCE AT 5236–5254(SPOT)BUT SOME OF FRONTLINERS WILL HELP INDEX TO MOVE UP.SOME OF INDEX STOCKS ARE AT 32 MONTHS HIGH SO WE HAVE TO SEE HOW OTHERS PERFORM THEREAFTER WE CAN SEE SOME GOOD UPMOVE.

NIFTY TSL NOW 5145

NIFTY SPOT SUPPORT AT 5145 RESISTANCE AT 5236

STOCKS:

RIL TSL 1036

REL TSL 1090

RCAP BOOK FULL OR USE TSL AT 695

RPOWER TSL 159

SBIN GOOD ABV 2372

LNT TSL 1645

DLF  IN ACCUMULATION

UNITECH IS A BUY

 

MARKET OUTLOOK FOR 14TH JUNE 2010

NIFTY MOVED AS PER OUR LEVELS. NOW WE WILL USE TSL IN NIFTY SPOT AROUND 5066–5078 CLOSING BASIS. RIL CALL DID WELL NOW TSL IN RIL IS 1025.

NIFTY SPOT SUPPORT AT 5065

STOCKS:

RIL TSL 1025

SBIN TSL 2260

TATA STEEL TSL IS 455

HINDALCO TSL 132

DLF IS A BUY

LNT TSL 1625 TGT 1710–1780

MARKET OVERALL LOOKS GOOD. IT SEEMS THAT SHORT TERM BASE FORMED AROUND 4960 FOR THE SHORT TERM TARGETS OF 5195—5225–5310.