Intraday Tips Market Trend
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Intraday Tips For 22 June 2011

Stock Market Trend For 22 June :- My Dear visitor’s, the indian equity benchmarks clocked a smart pullback rally in early session of today 21st June, but the cheer was short-lived. Heavy selling from the MID session erased the morning gains and the Nifty ended with just a 20 points gain, despite stable global markets. Though the mauritius scare of Monday 20th June was not the real thing, but today’s rebound in the markets shows that monday’s crash was meant to happen anyway. mauritius or no mauritius, Markets insiders still believe that the market are heading down anyway and are looking for some excuses to drop share price.    So the conclusion is, now keeping in mind the negative factors, we have to trade carefully for the rest of the years or else the situation improves drastically. Hopefully market will again start a firm positive journey after august 2011.
Intraday Stock Tips For 22 June :-
1. LOVABLE ( Lovable Lingerie Ltd.)  Buy at 393.35 Intraday target of 397-399 Strong Resistance 405-410, Strict SL at 388.30.
2. INSECTICID (Insecticides (India) Ltd.) Buy preferably on delivery basis. And in small quantity. Remember, it’s a low volume stock Buy for the Intraday target of 340-342 Strong Resistance -348, Strict SL at 327 . Short Term Target – 410.

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Intraday Tips Updated at: 11:10 PM
 
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