The Nifty could get support at 4383-81 level. The RIL should trade above 1715 to see Nifty to trade above 4403-06. The results of HDFC can influence the bank stocks. The cements likely to correct by 2-3%. The hindalco good above 158-159 for del. stoploss @154.
The SBI is good above 1563-66 level and ONGC above 886-85, RIL above 1706-08, RCOM above 551-49 Tata steel good above 626. The stocks are good above those levels for long, below those levels go short in RIL & SBI.
Scrips in news- Suzlon negative news, RIL gas positive, tech results can influence the direction in advance – a caution.
Tuesday, July 10, 2007
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