Wednesday, February 07, 2007

TECHNICAL OUTLOOK 07 FEBRUARY


Nifty 4195.90


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SRF 200.00

The short term trend is looking bullish and it has potential of testing 250 level initially in coming trading sessions. Buy on decline with a stop at 192.

Long term investors can buy this scrip with a stop at 175 for a target of 300 in coming months.





DELIVERY CALL

GNFC 111.35

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 150 in coming weeks. Buy on decline with a stop at 100.



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