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Wednesday 8 February 2012

Stock Market Update - Kedar Murdeshwar

8th Feb 2012,Wednesday

Nifty (5380.65) (up by 45.50 points)
Sensex (17707.32) (84.87 points up)

Once again Nifty acted as per our prediction yesterday.It still stands strong on the level of 5322 with 5325 as today's low.Nifty looks bullish for tommorow.As per candlestick patterns it has formed a bullish Harami.

Today's Nifty Gainers were Rel Infra (7.37%),Hindalco (5.01%) and Jp Associates (4.37%)
Today's Nifty Losers were Bharti Airtel (-6.11%),ICICI Bank (-1.41%) and Ongc (-1.03%)

Buy Coal India for Tommorow Target is 338/340
Buy Hcl tech for Tommorow Target is  473

Other Information
Gold (Mcx): 28367
Usd/InR: 49.20

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