NIFTY DAILY OUTLOOK (23-07-10)


After gap up opening due to benign global clues we are expecting it to correct to 5440-45 range in the initial two hours. Then we expect an upsurge to 5480-5485.There will be a prolonged correction for the rest of the day to 5450.





(1)BUY VOLTAS at 206 with the stop of 203 for the target of 216 in next 5-6 days.





(2)BUY ITC around 300 with the stop of 294 for the target of 325.


Posted by JKD VIEWPOINT at 7/23/2010
Categories: NIFTY DAILY OUTLOOK
Tags: NIFTY MORNING REPORT
 

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