NIFTY SPOT GOOD ABV 5286

NIFTY SPOT IS A BINDAAS BUY IF IT MANAGE TO GET CLOSE ABOVE 5286 FOR THE TARGET OF 5325—5336–5355—5420.

MARKET FROM LAST FEW DAYS TAKING REST IN A SMALLER RANGE.ONCE IT CROSSES THE ABOVE MENTIONED LEVEL it can attract bulls for further upmove.

STOCKS TO WATCH ARE

TATA STEEL SL 460 TGT 478—492

RELIANCE SL 1042 TGT 1084–1125(RESISTANCE AT 1096)

DLF

UNITECH

RPOWER

PNB RESISTANCE AT 1102

JINSP RESISTANCE AT 655

NIFTY SPOT RESISTANCE AT 5286 AND 5375

WAIT FOR 5336 SPOT ON CLOSING BASIS

MARKET MOOD YET NOT DECIDED.bulls should wait for 5336 on closing basis.HIGH RISKY CAN BUY INTRADAY AROUND 5250 WITH SL 5225 TGT 20–45—65 POINTS

NIFTY SPOT RESISTANCE FOR 1ST JULY 2010 IS 5280 AND IT CAN MOVE FURTHER UP ABOVE 5280.

NIFTY SPOT SUPPORT IS AT 5205

STOCKS TO WATCH ARE:

RIL GOOD ABV 1082

TISCO GOOD TILL ABV 472

SBI CAN FIRE ABV 2306

DLF CAN JUMP UP ABV 288

NO PROBLEM IN HINDALCO TILL ITS ABOVE 136