Tuesday, July 13, 2010

Market view for July 13 Tuesday

TRANSCRIPT OF JULY 13 MARKET VIEW
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Quick Market Overview For Tue 13th July 2010 :Quick Market Overview For Tue 13th July 2010 By CA Rajiv D Khatlawala MD, ValueTrade Academy Pvt Ltd. www.investogyan.com


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Key highlights of today’s Trades :Key highlights of today’s Trades Nifty has once again closed just near 5400. I presume the bias is towards upward breakout – so hold your longs! I am sure most of my participants had a field day today! Midcaps rallied ! Unitech and Suzlon discussed in my previous blogs were major gainers today! IT stocks fall on weak Infy results European markets rise more than 1.5% on opening trades


NIFTY The Technical picture :NIFTY The Technical picture


Stock Select – :Stock Select – Keep an eye on ADAG stocks Metal stocks likely to rise in coming days As discussed yesterday, watch Reliance now. A Paid service for Stock Select coming soon. I shall be analyzing 3 stocks each day. Those of you who are interested please email me at rajivkhatlawala@yahoo.co.in


In Conclusion :In Conclusion The momentum is biased on upside and a rise near to 5450+ likely. Mid Caps should continue to rise. For the next couple of days, trading can be done in the large caps too along with the Midcaps.


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