TECHNICAL OUTLOOK 19 JANUARY

Nifty 4109.05

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DELIVERY CALL


Gujarat Ambuja Exports 36.35

The scrip is in long term bull trend and it has good potential in the long run.

In medium term, chart indicates a rally towards 50 in coming weeks. Buy on decline around 33 with a stop at 27.




Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.




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