Fwd: SENSEX AS ON 11.06.2010/ UPDATE - 2 as on 16.6.10(1.10 pm)

LOOK AT CHART ATTACHED.

STOCKS TO WATCH FOR SHORT TERM LONG POSITIONS :

BHEL/BIOCON/HDFC/RIL/SIEMENS/ACC

KEEP STRICT STOP LOSS

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UPDATE AS ON 14.6.10

MARKETS WERE POSITIVE WITH HELP OF RELIANCE GRP SHARES.WE ARE AT 

RISING WEDGE BOTTOM TREND LINE AND REACHING UPPER END OF RISING 

CHANNEL SO PROFIT BOOKING MAY COME AT HIGHER LEVELS IN STOCKS WHICH 

HAVE RUN UP FASTER.

STOCKS TO WATCH FOR SHORT TERM:

SHIPPING STOCKS LIKE BHARTI SHIPYARD, ABG SHIP YARD, MLL

SUGAR STOCKS ; BAJAJ HIND, RENUKA SUGAR

OTHER LEGGARD SHARES LIKE MTNL

AS MENTIONED EARLIER 17630/5280 ARE CRITICAL LEVELS TO DECIDE BIGGER 

DIRECTION OF MARKET.PROFIT BOOKING IS ADVISED REGULARLY AND TRADE 

STOCK SPECIFIC ONLY

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UPDATE AS ON 16.6.10 AT 1.10 PM

CHART IS ATTACHED AND WE HAVE MADE TOP OF 17530 SO FAR .

PART PROFIT BOOKING IS RECOMMENDED IN LARGE CAP STOKS 

PURCHASED AT LOWER LEVLES. BE STOCK SPECIFIC BCZ OUTPERFORMANCE IN 

MID N SMALL CAP STOCKS IS VISIBLE.