Friday, May 15, 2009

3:28 PM - Buy 3300 Put and short Nifty futures with a stop loss above 3435 on a closing basis, says Rajat Bose, technical analyst, on CNBC Awaaz, as closing market strategy. » Send to friends3:26 PM - Hold Nifty long with a target of 3650 and stop loss of 3300, says Ashwani Gujral, technical analyst, on CNBC TV18, as closing market strategy. » Send to friends3:21 PM - Sell Maruti Suzuki with a target of Rs 800 and stop loss of Rs 850, says Prakash Gaba, technical analyst, on CNBC Awaaz, as closing market strategy. » Send to friends3:18 PM - The market needs to make a higher base, feels Ashwani Gujarl, technical analyst, on CNBC TV18. It is now a buy on dips market, he says. As long as Nifty does not close below 3150, the uptrend is intact, he adds. » Send to friends3:15 PM - The market needs to make a higher base, feels Ashwani Gujarl, technical analyst, on CNBC TV18. It is now a buy on dips market, he says. As long as Nifty does not close below 3150, the uptrend is intact, he adds. » Send to friends3:11 PM - Sensex has resistance at 11300-11700 and 3500-3600 on Nifty, says Anil Maghnani, technical analyst, on Zee Business. There is a strong tussle between bears and bulls, he feels. Market needs to come closer to 10246 for strong hands to re-enter this market, he adds. Nifty has strong support at 3170-3140, he says. » Send to friends3:06 PM - This is a liquidity driven rally and global investors are returning to India, especially China funds, feels Deven Choksey of KR Choksey, on Zee Business. This is a buy on dips and sell on rally market, he adds. This correction or consolidation will be healthy for the market, he says. On the upside, Nifty range is 3650 and 3250 on the downside, he says. » Send to friends

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