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STOCK UPDATE : ITC
Cluster: Apple Green
Recommendation: Buy
Price target: Rs275
Current market price: Rs245

Smokers to pay more

South Indian Bank
Reco: BUY
CMP: Rs. 146
Target Price: Rs. 180

Giving what is due

STOCK UPDATE : ITC
Cluster: Apple Green
Recommendation: Buy
Price target: Rs275
Current market price: Rs242
Price target revised to Rs275

STOCK UPDATE : Reliance Industries
Cluster: Evergreen
Recommendation: Hold
Price target: Rs1,130
Current market price: Rs984
Price target revised to Rs1,130

Key points

STOCK UPDATE : Allahabad Bank
Cluster: Cannonball
Recommendation: Buy
Price target: Rs163
Current market price: Rs136

Upgraded to Buy

Key points

BUY JET AIRWAYS @ 412 SL 401 TGT 440 ::: moving up cmp 422
DCB >>>>>>>> UP 5%
JINDAL STEEL & POWER KEEP ON HOLDING CMP 644

NSEMUMBAIBULL Very Strong BUY “Whirlpool of India Ltd” @ CMP. Target price Rs.160 Coming days.

BSE Code : 500238
NSE Code : WHIRLPOOL

All our recommended call status available on www.nsemumbaibull.com website.

Happy Trading & Investing,

BUY JET AIRWAYS @ 412 SL 401 TGT 440
DCB >>>>>>>> UP 5%
JINDAL STEEL & POWER KEEP ON HOLDING CMP 641

NIFTY TECHNICAL ANALYSIS Updated At Www.Niftyviews.com -02.03.10 Visit now

CLICK ON LINKS BELOW FOR CHARTS :-

http://1.bp.blogspot.com/_8LnBdQG2Sjs/S4gN7vgQepI/AAAAAAAABG4/_KeGRi8O9ac/s1600/NIFTY-1.png

http://1.bp.blogspot.com/_8LnBdQG2Sjs/S4gN79pLQhI/AAAAAAAABHA/SDkP9Z7z8ao/s1600/NIFTY-2.png

Nifty EOD charts for 02nd March 2010
Powered by : www.niftyviews.com

NIFTYVIEWS:

RELCAPITAL B-789 T-804,835,866 SL-777
S-776 T-761,735,700 SL-784

Visit http://www.stockforyouindia.com/ for more.

For our free SMS service send JOIN Stock_for_YOU to 567678.

Market friendly measures in Union Budget 2010 that included reduction in surcharge on corporate tax, lower fiscal deficit projection, roadmap for rollout of goods & service tax (GST) and direct tax code (DTC), augured well for domestic bourses. Technically NIFTY has closed just above its 20 week EMA (Exponential Moving Average) (currently at 4919) and on lower side 100 day MA currently at 4744 & then 50 week EMA currently at 4611 may remain important support for markets. Major resistances to watch out for in near term are 4960-5000 levels on NIFTY. Any close above this range may see NIFTY testing earlier highs of 5200-5300 levels. In the coming week lot will depend on how the global markets pan out. Foreign funds flow, will continue to play important role in directing course of our markets.
The following are the cues to help you in trade today.
NIFTY RANGE of today: 4925-5020.
• US & European markets closed up 1%
• Asian market opened mixed.
• SGX nifty up 54 points.
• Dollar index is be at 80.59.
• Gold at $1118 and crudebelow $ 79.
• London future down 5 points.
• Dow future down 9 points at 8 am

TCS SELL IN 762 for target & SL &
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smtips.blogspot

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