The Indian rupee eased by two
paise to 62.14 against the American currency in the late morning trade on mild
dollar demand from banks and importers on the back of higher dollar overseas.
BUY RELIANCE 820 CALL @ 7 TG 9, 11 SL 4 The call given in last post of ITC achieved first TG and JPASSOCIAT made a high of 1.1 today. After a weak start due to weak Japanese trade figures and low
close of US market, the level of 5420
provided a good support to the index. As we have predicted in the last post the
bullish trend continued today, but couldn’t make it cross level 5450....
Huge gush of liquidity propelled the rally inNifty on
Tuesday, a day after a big weekend. Nifty surpassed the 5400 level quite nicely
in late trade, for the first time since March 16, 2012, which rose 54 points to
close at 5421......