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Wednesday, June 9, 2010

Next Day Trading Session:

In the next session 4949 (NIFTY SPOT) may act as a crucial level for NIFTY. If sustains below 4949 NIFTY may target 4853 and
4803 while any pull back might be resisted by 5040 and 5070 levels. Traders are again suggested to follow the strategy of selling
at gains. BANKING and METALS may see more sell off while FMCG and IT may show some strength.

Trading Strategy:-

S.N TRADE SCRIP SYMBOL ENTER STOP LOSS TARGET

1 SELL NIFTY FUT BELOW 4926 4966 4880-4853

2 SELL BANKNIFTY FUT BELOW 9030 9080 8970-8930

3 SELL BANKBARODA FUT BELOW 713 721 74-694

4 SELL BHEL FUT NEAR 2288-2292 2310 2250-2233

5 SELL LUPIN FUTURE BELOW 1837 1848 1825-1814

6 SELL BANKINDIA BELOW 320 325 315-311

7 SELL ESSAROIL BELOW 120 124 115-111


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