Tuesday, August 17, 2010

UTV - Update

UTV started its north move one again after a brief retracement. Well lets see when it reaches 535.

Ibreal after long time crosses 200 mark & has potential to touch 240.

Reliance again trading at the bottom of channel , still not performing & many out there on  Biz channel has negative  views on it. Can all this factor make Reliance bounce back. One wonders if Reliance doesn't perform can Nifty touch 5600 ?

Suzlon ..... with a stop loss of 49  looks better poise to hit 64  mark & 74 sounds  too optimistic ;) but its suzlon.

Tisco after  reporting in black still languishing around 525 but again it can reach 590 if Nifty touches 5600.


Well all said & done its market & Mr.Market has  its own plan. We can just check the probability :)




Please go through the disclaimer mentioned elsewhere on the blog.


Disclosure : I am holding the positions in above mentioned stocks.

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