Thursday, June 5, 2008

Nifty Update for June 6 - Inder Bhatia

The Indian market closed in the green zone. The market made a smart recovery after a choppy session and closed on a positive note. The Nifty has made piercing pattern bullish formation. If it sustains above 4683, it can test 4731-4760. On the lower side, 4606-4578 will act as strong support zone.

HOT STOCK: Buy AXISBANK above 776; TGT 792 >801; Stoploss 765.

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