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Thursday, October 12, 2006

Free NewsLetter 13 OCT 2006

Market Overview
Finally a break out...... Long expected & waited.......... and very strong closing.
I wrote in this cloumn one day before that nifty is inching for next break out. Finally it happend.
The Low oil price & Qtr result of market heavy weight Infosys lead to this rally.
Be cautious tomorrow! Market may consolidate.
Next resistance level for Nifty is 3640/3660.
Pick of the Day
Buy Tatamotors around 896.35 SL 886.45 Tar 912 / 921.80 /937.35
Happy trading