TECHNICAL OUTLOOK 19 JANUARY

Nifty 4109.05

Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for paid subscribers. The charges are Rs 2500/- per month.



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.




9381203517

www.waveriders.in

asksathia@hotmail.com

TECHNICAL OUTLOOK 18 JANUARY

Nifty 4076.45


Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for paid subscribers. The charges are Rs 2500/- per month.




DELIVERY CALL


Iti Ltd 51.20

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 75 in coming weeks. Buy on decline with a stop at 42.




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.



9381203517

www.waveriders.in

asksathia@hotmail.com