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Showing posts from June 4, 2010

EURO - free fall

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The above is the Euro Monthly Chart - (while writing this, now trading at 1.2038 that is 4 years low against Dollar. ) Two weekly close below the present price, utlimate down target is 0.9650 to 0.9624. Who is going to benefit, in case if it fall as expected ?
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NF (5097) - the hurdles are same 5105-5115. If clear this, then move upto 5210-5220.( intraday resist at 5140). If not break the hurdle and trade below 5072, then take it down to 5040-5020.

Tata Motors

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TATAMOTORS (767) - Trade above 775, take it to 825-835. in between resist at 792-795.

Axis Bank

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AXISBANK (1242) - now 1240-1235 is the support, from here it go upto 1307-1318 (intraday may resist at 1270)

LIC Housing Finance

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LICHSGFIN (969) - If take support at 965, take it 1015 (intra-day may resist at 985 & 1003).