08 November 2010

Techcheck Daily- Nifty all time high close: Emkay

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Techcheck Daily
Nifty all time high close

n     Chart of the Day: Nifty, all time high weekly and daily close, 1st month future hits all time new highs
n     Nifty the medium term uptrend remains intact, target 6500-6600, supports around the 6100-6150 levels
n     Gold quarterly RSI historically overstretched
n     Stocks with positive short term view:
n     Cipla, TNPL, IIFL, Infosys
n     Stocks with negative short term view:
n     Reliance, Tata Chemical, Yes Bank, BOB

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