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Financial Advisor (Free Newsletter) 06th February 2012 (Monday)
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NIFTY

Intraday Market looks good. Upper side will face resistance at 5380,5435. Downside market will face support at 5230. So keep a stop loss of 5230 and stay long. If market starts trading below 5230 then Nifty can test 5150
STOCK OF THE DAY
 JET AIRWAYS

On the verge of breakout Can Buy Above 285
Upper side Resistance at 288.50,290.... Use Stop Loss 282.
CHART OF THE DAY
 IRB INFRA

Holding strong Close watch above 179....

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AUROBINDO PHARMA

Will have a strong resistance at 127, Downside can
buy around 119 with a s.l of 116.
 
AJMERA REALTY

Close Watch Above 127.....
 
ORCHID CHEM

Moved Up with strong volumes
Further strength expecting use stop loss 180.
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Disclaimer
Stock Trading involves high risks and you can lose a substantial amount of money. The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip.