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Rohan
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| 18 June 2011, 13:40:55 |
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It is believed that the Sensex could test the lows of 17,786, below which Sensex could head to 17,295. Defensive stocks like HLL, Dabur and Marico will continue to outperform the broader market. Downward pressure will be seen in IT and oil and gas in coming sessions.
On monday, the market will take cues from the global markets and is expected to open on a flat note. Markets may witness some range bound movements in coming sessions with higher volatility.
There are near-term concerns for the capital goods/infrastructure sector, but over a longer timeframe remain positive, cement sector is expected to remain negative....read full post and more posts from Intraday Tips for Tomorrow
Source:- http://stock-intraday-tips.blogspot.com/ |