Tuesday, August 24, 2010

Correction or dip ?

-As stated a few days back ; USD is on a rise and target 84-85. 
-Dow support @ 9950
-If Dow does not stops @ 9950 then it will be a correction and not a dip. target of this correction ( ST) will be 9710 - 9620
-Indian NIFTY (CMP 5462) : 
IF GOES BELOW 5450 THEN  SUPPORT @ 5390.
5350 is most-most imp level.
-Reliance : 960 should hold otherwise 900 possible.
-Sterlite : 150 most important level to hold.
-DLF (cmp 320) : 290-300 possible
-Unitech (cmp 84) : 76 possible

continue to update ....