GPIL and Maytas Infra

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Dear Investor,

NIFTY is doing very well and has returned back to the original resistance point. It will take some time for it to move through this level. A break through this level is going to attract very good buying. The thing I like about India market is it is one of the strongest standing market in such a weak global environment. Well, We certainly have a good future waiting for us. A word of caution is about a close below 5200 might not be good on short term basis.

Please add following stocks to your watchlist

Interesting chart pattern is being formed near long term resistance line. A break about 220-230 will begin new uptrend in this stock. We are not there yet but getting there. Keep watch on this one.

Godawari Power Limited has been forming nice base to build upon. It might be little too early but certainly a good one to watch. It is just on 150 day line.

Many more stocks are lining up for long uptrend. Hopefully NIFTY holds well in July

Thanks

Anil

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