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View for Indian market: 2 July 2013
View on Indian Stock Market:
Today, bearish opening is expected in Indian stock market.
Some recovery may come from lower levels.
Again declining trend shall be seen in closing hours.
Sell Nifty & Bank Nifty on rise.
Trading Range:
– NIFTY(FUT): 5,900-5,820
– BANK NIFTY: 11,800-11,400
SELL ON RISE:
– DLF FOR POSITIONAL TGT 165
– RCOMM FOR POSITIONAL TGT 110
– SESA GOA FOR POSITIONAL TGT 120 & BELOW
BUY:
– IDFC S/L 128 TGT 137
– AUROBINDO PHARMA S/L 185 TGT 195
Important Note for Nifty
With stop loss of 6,000, you can short NIFTY on upper level for target 5,580 & below (in JULY EXPIRY).
Important View for USD/INR
USD/INR can cross 60.50 in coming days.
Integrate Market Timing in your Portfolio
Mr. Rajeev Prakash
Rajeev is a well-known astrologer based in central India who has a deep understanding of both personal and mundane astrology. His team has been closely monitoring the movements of various global financial markets, including equities, precious metals, currency pairs, yields, and treasury bonds.
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