Friday, February 15, 2008

Valentine Day Special Effect

As mentioned in the earlier Blog that the Nifty 1st resistance level of 4975 i.e the 200 DMA and the 2nd 5200, Nifty closed above both the levels. Now 4975 will act as a good support and the immediate target of Nifty will be 5400, till the time Nifty close is above 5200.
If the close is below that, the Nifty can come down to 4975 again to test the levels...

As my Special Valentine call I had given RIL (up 5.58%), RPL (up 14.53%), JP Associates (up 1.68%), LITL (up 12.45%), Core Project (up 5%), Xltele (up 5%), Punj lyod (up 11.28%), Vishal Retail (up 4%), Shivvani Oil (up 4%), Shree Ashtavinayak (up 5%), Asian oil field (up 2%).

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