BEST BUY
INDIABULLS REAL (BUY) 457.4 (Target1) 463 ( Target 2) 469 (Sl) 445
INDIA CEMENTS (BUY) 217.75 (Target1) 221 ( Target 2) 224 (Sl) 206
POWER FINANCE (BUY) 160 (Target1) 163 ( Target 2) 165(Sl) 155.6
Thursday, July 5, 2007
Market Forecast for 05.07.07
The bulls and bears had their fight all day long and at the end of the day, the bulls won the battle for the day. Now the bulls will fight for a close above 4385+ to take the market to new highs above 4500+. The markets will consolidate in the coming days due to profit booking at higher levels and rising inflation.
Today, market will open flat or positive and remain long above 4362 with SL 4345 for a tgt of 4385-4399. If it breaks and sustain below 4354 keep short with SL 4370 for tgt 4335-4312. Be careful with the positions. it's not safe to take fresh longs at higher levels now.
Today, market will open flat or positive and remain long above 4362 with SL 4345 for a tgt of 4385-4399. If it breaks and sustain below 4354 keep short with SL 4370 for tgt 4335-4312. Be careful with the positions. it's not safe to take fresh longs at higher levels now.
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