Market View – 30/06/2008

Nifty future for day trading Sell below 4138 with stop loss 4160,targets 4012-3932.

THIS WEEK (30-04) Nifty future below 4186 bearish down side targets 3983-3855. Above 4220 targets are 4264 and 4312.

If Nifty Spot does not break 4093, then we can see a pull back to 4297 levels.

Day Trading Calls 30^th JUNE 2008

NIFTY FUT (4078.55) SELL BELOW 4138.00 STOP LOSS 4160.00 TARGET Rs:4012.00 / 3932.00 UNITECH (182.80) BUY ABOVE Rs:182 STOP LOSS Rs:177.00 TARGET Rs:186/193 DLF (425.10) SELL BELOW Rs:435 STOP LOSS Rs:440.00 TARGET Rs:407.00 / 401.00 TATA STEEL (726.90) SELL BELOW Rs: 739 STOP LOSS Rs: 750 TARGET Rs: 720/ 694.00 RCOM FUT (473.30) SELL BELOW Rs:476.00 STOP LOSS Rs:481.00 TARGET Rs:462.00 / 451.00

IMP DISCLAIMER: Above matter is technical analysis based on & conceived from charts, which are believed to be authentic. One should think of own risk first before implementing on above analysis. The author won't be liable or responsible for any legal or financial losses made by anybody.