Thursday, July 17, 2008

Nifty Update for July 18 - Inder Bhatia

The Indian market closed in the green zone. The market opened gap-up, on positive global cues, but after opening it started losing steam in the first half of the trading session. However, the bulls returned towards the last trading session and the Nifty closed near the day's high. For the coming session Nifty can test 3977-4040 on the lower side, and 3921-3886 will act as a support zone.

HOT STOCK: Buy MARUTI above 594 TGT 607 >615 Stoploss 583.

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