Augest 1,2011

AMRESH B. TIWARI
TECHNICAL ANALYST & PORTFOLIO MANAGER

The first day of a brand new month saw a spectacular start to trade with the Sensex shooting up 200 points. The rally was mainly on the back of positive global cues coming from the US.

Laying out the endgame in the US debt crisis just two days before a deadline to lift the borrowing limit, the White House and congressional leaders said the compromise would cut about USD 2.5 trillion from the deficit over the next 10 years.

The Indian market has snapped four-day losing streak today. At 9:18 hours IST, the 30-share BSE Sensexgained 221 points to 18,418 and the 50-share NSENifty went up 65 points to 5,547.

Buy Nesco @ 641 target 655 sl 635

TTKHE LOOKS STRONG......NOW 562

TTKHE MAKE NEW HIGH 579......

NESCO MAKE NEW HIGH 690.......RECO @641

TTKHE NEW HIGH 591 RECO @ 562....... ENJOY PROFIT..... :-)