WEEKLY MARKET OUTLOOK
SECTOR WATCH
SECTOR : TELECOM
TELECOM STOCKS TO SHOW UP MOVE
BHARTIARTL FUT : Total OI up 7.27% prices up 4.75% last week
showing longs build up. Strong R 320-21, once taken out STOCK
FUT will enter new bull run. R 320, S 297.
IDEA FUT : Total OI up 26.22% prices up 4.88% last week. Longs
build up. Strong R 70, S 64.
RCOM FUT : Total OI up 7.28% prices flat last week. Strong R 195-96.
Fresh up move only above 196 levels. S 189.
STOCK FUT TO WATCH NEXT WEEK
TREND : BULLISH
ANDHRABANK FUT : Total OI up 55.69% prices up 4.99% last week.
Longs build up. R near 150-51 once taken out, we will see fresh up move.
S 144.
RAVI TARDEJA
DATE :- 24-07-2010