Tuesday, July 5, 2011

Techinical view 6 July 2011

Nifty has stuck between 5600-5700 range from last few days, its range is narrowing, most probably it will break this range at upside, long traders should keep stop loss below 5600.

HDFCBANK, M&M, HUL and NTPC looks good on charts, one can long NTPC above 186 for target 195 and 203 with strict stop loss around 179.

Happy Trading .....




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