Techcheck Daily |
30th September, 2011 |
n Nifty: Bullish Engulfing pattern confirms a fresh new impulse in the northward direction, so expect the ongoing momentum to continue in the coming sessions. Mean reversion move upto 5277 stays intact.
n Bank Nifty: End of a normal flat correction, targets fall in the range of 10240-10640
n WTI Crude: Bulls have seized control and an impulsive move for the target of $90 to $91 is on
n DJIA: Next impulsive move is on. Maintain our target of 12,000-mark
n Stocks with positive short term view
n ICICI Bank, TCS, Infosys, DLF, Bharti Airtel, Hindalco, SBI, M&M
n Stocks with negative short term view
n Titan, Sun pharma, Asian paints, Lupin
Warm Regards,
Dharmesh Patel |
Technical Analyst | Emkay Global Financial Services Ltd. | www.emkayglobal.com | Email : dharmes...@emkayglobal.com |
Board No. : +91-22-66121212 | Extn. : 242 | DID : 66121242 | Mob : +919821791053 |Fax : +91 66242410 | |
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