NIFTY OUTLOOK

>> Thursday, June 24, 2010

MAGIC POINTS ARE 5354 and 5278

WE ARE ONE OF THE FEW THOSE WHO BELIEVE THAT
THE MOVEMENT OF NIFTY DECIDED BY THE
" NET CUMULATIVE INTEREST OF THE PARTICIPANTS ".
STILL WE HAVE NO FAITH IN THE OPERATOR CONCEPT.
TODAY IS ANOTHER DAY MAKE CHALLENGE TO OUR FAITH.
GOD ONLY KNOWS HOW DII'S ARE ABLE TO OFFLOAD STOCKS
WORTH OF 1000 CRORES WITHOUT ATLEAST A 50 POINT
DOWN IN NIFTY IN LAST TWO DAYS.

NIFTY CLOSES FLAT AT 5320 AFTER VOLATILE MOVEMENT.
DOJI IN THE DAILY CHART INDICATE REVERSAL TREND.
WAIT FOR ANOTHER CONFIRMATION. ANYHOW NIFTY MAY
TOUCH 5200 WITHTHIN TWO DAYS. TWO CLOSING
BELOW 5156 WILL ONLY CONFIRM THE REVERSAL.


NIFTY TRADING RANGE FOR 25/06/2010
===================================
5200/5244/5288-5333/5355


OUT PERFORMERS FOR 25/06/2010
-------------------------------
PHARMA, MEDIA AND BROKERAGE FIRMS.

UNDER PERFORMERS FOR 25/06/2010
-----------------------------------
MATAL, STEEL, OIL, MINES , AND REALITY.





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