Monday, June 20, 2011

SGX-Nifty Finds Supports at lower levels on 20 June 2011


SGX-Nifty is now Trading at  5385.50 with a gain of 13 Points. It has find support at its lower levels of 5349.

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Rupee Likely To Weaken More on 20 June 2011


Indian Rupee may Trade with negative bias incoming days due to Selling in Indian Equity market & Out-Flow of Funds.Banks & Importers are Buying USD at lower Rates. INR was Trading at last Quote available was 44.8150 against USD with +0.0100 points up(+0.0223%).

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Sunday, June 19, 2011

TATAMOTORS - A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook


TATAMOTORS closes  at 980.95  with a fall   of -0.30%  on 17 June 2011 with formation of Long Black Candle  on Daily  Price Chart. Technically TATAMOTORS  is  looking extremely sliggish  on  Daily Charts. Major Momentum Indicators are Showing Weakness on Daily Price chart.W% R is Cooling-Off From its higher levels along with RSI, Buyer-Seller Force Index & PZO. Market Makers has Trapped here the Panic Traders at higher levels.
We Recommend to SELL  -  TATAMOTORS at  CMP
Target- 946.70/907
Stop-Loss – 1009
Time Frame- 5-10 Trading Days
 Editor’s Note : This Article is written by Vina S Singh, Senior  Chartist at  www.niftynext.com , which is a Technically Based quant Research Firm, M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks, trades at NSE. We use Ami Broker Charting Software. You can reach the Chartist here mail@niftynext.com .
 Call NiftyNext # +91 880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com
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Disclaimer

The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. www.niftynext..com does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
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