Friday, July 1, 2011


1. WIPRO IS TRADING IN BREAKOUT PATTERN, IF IT CROSS 425 MARK IN INTRADAY OR GIVE CLOSING ABOVE 425,

WE MAY SEE THIS STOCK HEADING TOWARDS 440-460 LEVEL IN COMING DAYS.
SUPPORT FOR THIS STOCK STANDS @ 407 LEVEL.


2. SINTEX WAS SHOWING WEAKNESS IN INITIAL TRADE FROM 181 TO 176.80,
BUT LATER WHEN MARKET WAS SHOWING DEEP DOWN SIDE,

SINTEX RECOVERED FROM ITS LOW OF176.80 & MADE NEW HIGH OF 183,
ABOVE 185 THIS STOCK MAY HEAD TOWARDS 195-210 IN COMING DAYS, SUPPORT STANDS @ 173 LEVEL.


3. CIPLA & RANBAXY ARE TRADING IN SAME PATTERN ON NEGATIVE SIDE,

BOTH OPENED ON POSITIVE NOTE, BUT COULD NOT SUSTAIN ABOVE THE OPENING LEVEL,

AND FROM THE INITIAL TRADE THEY ARE IN SELLING ZONE.