RESEARCH -Nifty (FUT) R-4385/4435/4565 S-4314/4260/4185 ; Sensex
(CASH) R-14795/14945/15320 S-14575/14425/14200 ; MARKET OUTLOOK:
POSITIVE BIAS
7/2 RESEARCH: MARKET OUTLOOK: OVERALL MARKET TREND IS LIKELY TO REMAIN UPTREND AND IT CAN BE EXPECTED TO TEST 4692 LEVELS IN SHORT TERM. AS FOR INTRADAY'S TRADE, MARKET MAY OPEN WITH AN UPSIDE GAP AND IT CAN BE EXPECTED TO TRADE HIGHER LEVELS. THE NIFTY HAS RESISTANCE AT 4362 AND 4426. IF IT BREAKS 4440 LEVELS, IT COULD TEST AT 4520 LEVELS. ON THE DOWNSIDE, THE SUPPORT FOR NIFTY IS SEEN AT 4303 AND 4250 LEVELS.
11:13 AM 7/2 RESEARCH- INTRADAY CALL (CASH) : ONGC TGT ACHIEVED
12:33 PM 7/2 RESEARCH: EUROPEAN MARKET UPDATE : FTSE(-0.5%), DAX (-0.7%), CAC (-0.6%)
12:51 PM 7/2 RESEARCH: INTRADAY CALL(CASH): SHORT SELL IVRCLINFRA BELOW 345 TGT 333 SL 350
2:30 PM 7/2 RESEARCH- INTRADAY CALL (CASH) : BUY HDIL ABOVE 234.40 TGT 241 SL 230
--------------------------------------------------
