Wednesday, August 6, 2008

The Asian green….

The Asian markets are green and are moving up

The RIL good above 2250 and may touch 2315 and can advance to 2350 level.
The Tata Steel is good above 691 and weak below 678-79.
The Essar oil may correct further in case it trades below 236-34 level, the high shall be restricted at 245 level
The DLF, Unitech, JP are in good momentum.
The RPL is strong above 175 and weak below 169.
The JP may face higher level selling at 193 level.
The Relcap may find resistance at 1471-75 level, SBI at 1621-23 level. The ICICI bank likely to retrace from 713-15 level and it will become strong above 728 level.
The RCOM is good above 446-48 and weak below 436-38 level.

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