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Free Tips Of 4 -7 -2009

S.No

Company

Buy

Target

Stoploss

Remarks

Navneet Publications India Ltd.

Above 83

88-92

Target Achieved

SenSex

[Jul 3 ]

Nifty

[Jul 3 ]

14908.59 (250.10)

4422.75 (73.90)

Topic :- Closing Note

Nifty managed to close in green today after a relief rally. Now Budget will play tricks on Monday. One can try to exit long deliveries on Monday morning and should try to go short from higher levels. Rest we will update on Monday. have a great weekend ahead.

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Topic :- Time:2.40 PM

Just see as mentioned Nifty recovered so sharply. Now close above 4470(spot) will be good for market. In this market scenario one should try to book profit and regular intervals and try to play safe with minimum overnight positions.Time for only day trading.

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Topic :- Time:2.05 PM

Nifty is range bound now. Only go long in it avoid going short in Nifty at current levels.If Nifty sustain above 4355-4350 then we can see some more upmove in the market and profit booking is expected only below 4340.

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Topic :- Time:1.20 PM

We strictly suggest everyone not to hold any overnight positions. As market will go wild in this budget session. During budget session we will see lot of consolidation, positive and negative breakouts in the market. Dont work blindly as per sentiments and news as history says in stock market reverse happens always. For example good result posted by a company and you will see 95% times it will fall. Expect market to turn more volatile till 6 July.

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Topic :- Time:12.30 PM

Nifty will face minor resistance at 4375.If Nifty manages to trade and sustain above 4375 then we can see some more upmove in the market whereas Nifty will find its minor support at 4360-4355 once below 4355 we can see some more profit booking in the market.

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Topic :- Time:11.25 AM

Nifty is trading in range now.One should again start fresh buying once Nifty manages to trade and sustain above 4365 and if Nifty spot breaks and trade below 4330 then we can see some profit booking in the market.Trade in less quantity.

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Topic :- Time:10.20 AM

Avoid going short in market.As market is expected to recover from its lows.Above 4360 we can see some more recovery in the market and profit booking is expected only if Nifty spot breaks and trade below 4330. Still trade light and be on buyer side.

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Topic :- Opening Note

Market to act wild and will remain very volatile due to budget sessions. One should try to do day trading along with strict stoploss and in small quantity. For morning session if Nifty spot trades and sustain above 4375 then we can see some recovery else if Nifty spot breaks and trade below 4330-4300 then some more profit booking may follow.

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