Wednesday, August 24, 2011

TradingBets

Book Profit On Higher Levels

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NseNIfty-Trading around resistance area of 4970-80 and likely to move toward 5015-5030 ,Where short term long trader can take some profit. Crossover of 5022 it will move further up to 5040-50.
Below 4926 it can come down to 4907 -4900 than after 4864.

BankNifty-Crossover 9550 it will move up to 9587-9600
Crossover of 9600 it will move up to 9715-30,9660 can act as minor resistance zone.
9660 can act as minor resistance zone.Break Of 9400 can bring selling pressure


Reliance -Hurdle around 774-76 Break below 762 stock can come down to 750.

YESBANK- SUPPORT AROUND 277-274 Resistance around 282  tgt 286-290
Below 274 stock can come down to 267

Wockpharma-,support 396-397,buy above 408 tgt 414-15 ,422-427

Hcltech-Buy above 400 ...........tgt???

Jswsteel-Buy above 682 ..Details For Clients Only.

Pantaloon-above 295 tgt 300 and 305-310

Infy-above 2300 …2340 


Bajajauto-Yesterday we advised to Buy @1485-1495 and achieved our both tgt of 1530-1560
Stock Is Ready to Move toward 1620-1650
Crossover 1570 will take this to 1590 and 1610

Axisbank-Support around 1075, Crossover 1090 stock can move toward 1100,1113-15
If sustain above 1122 huge rally can be seen up to 1160-70
Break below 1075 it can come down to 1055-50 and 1042

Bankindia-Good support around 316-313 stock can move up to 329-34 and 345

Bharti-Buy keep sl of 397 ,if cross 405 than stock can move up to 409-413

Dchl-unlikely to cross 69-70 ,Sell Below 63 stock can come down to 57.50-54




 IMP DISCLAIMER: Above matter is technical analysis based on & conceived from charts, which are believed to be authentic over long long time. One should think of own risk first before implementing on above analysis. The author won't be liable or responsible for any legal or financial losses made by anybody.






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