Eurozone is again in problem, and the EuroUSD has gain seen selling pressure, after the 16 nation EuroZone was not in agreement as to how to bring Greece out of its mess... There are also talks of IMF getting involved now ... Lets see how the Euro USD plays out..
Coming back to stock specific moves, I am sure my ITG participants have earned from the stocks discussed on Tuesday.
Suzlon is one company which is currently in hibernation ..
I expect that a close beyond 78.50 should give a boost and a break out thereafter above Rs 80 should give an immediate target of Rs 90/- keep stop near Rs 72/- which is a crucial support level now. . .
Happy trading !
CA Rajiv D Khatlawala
ValueTrade Academy
www.investogyan.com
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