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FOR IMMEDIATE RELEASE
Patel Nagar, Delhi, India, Republic of (Free-Press-Release.com) May 26, 2011 -- ■Market bounced back, but 5515 and 5600 major resistance, so technically weak. Shorts are trapped today, so that got cleared, but 2nd week onward in June correction could come again.

■Sumeet Ind–Those who entered fresh at 26-27 levels, should exit 50% tomorrow at 32 levels approx.. See in morning how is volume and the move. Basically 32 is strong resistance, and selling can come at this levels, if it crosses 32 then 36 levels possible. So try to judge the movement and take a call. We advice 50% selling and 50% hold. Old members can can hold for long term, if not taken any fresh position. For any query call us/mail us.
■Shalimar Paints–doing rocking performance. 750-800 levels should be seen in next few days.
■Varun Ind–Buy around 190-192 levels for target of 220 in 1-1.5 months. Fundamentally sound company.
■Autoline Ind–Our earlier recommendation, at 220 levels approx. correct to 120 levels and now today bounced to 148 levels. Fundamentals are sound, but get a beating, as mentioned yesterday, it crossed 148, hence can see 160 then 170. Hold it. Could be some land news/hidden news, keep holding.