NSENifty-Hurdle around 5040-45 and 5080,Break below 5015 can bring this to 4990-85 ,4975-77 and 4967-60 Break Below 4960 it will create panic and likely to come down to 4930-4920 and Break of 4900....??.I Expect any Selling Will take rest around 4960-70 and likely to Rebound For few Hours else 4930-20 and 4900.
BankNifty-Break Below 9545 can bring this to 9485-90 and 9435-20 than after 9390,in any worst case scenario it break 9380 than possibility of 9290 and 9260-70 can’t be ruled out. Crossover 9600 it can bring 9700 and 9730 and 9800.
Sbin-Facing Resistance around 1920-30, Crossover and sustain above 1932 will take this to 1960-74 and 1985.Break below 1900 can bring down to 1885-80, 1875 and Breaking of 1872 can push this to 1855, 1845 and 1830
Sesagoa-Sell below 217.50 Can Bring this to 213.50-212.50 and 210, Break and sustain below 210 will bring down to 205-202
INFY-initial hurdle around 2375-80, Break below 2355 it can come down to 2330 and 2320, if break 2320 than it can come down to 2290-2280
Welcorp-Support around 122.50, Buy above 125 tgt 127.50 and 129
Bhel-1680-75 can be selling zone ,break below 1650 likely to take support around 1640 than after 1600 and 1570-75.
LT-sell at higher around 1580 or current it can come down to 1540,1520-25 and 1500
Tatasteel-sell below 450 tgt 442-436 and 430
Icicibank-hurdle around 870,break below 850 can come down to 840-42,and if break 838 than 825 and 815 possible
Jpassociate-support around 69.40 and 67.80,Crossover 72 will bring 75-76
Lic-looks good
Jindalsaw-selling pressure can be seen around 127-25, break below 125 it can come down to 122 and 120
AdaniEnt-resistance around 580-82 stock can come down to 572-70 and 565-60.
AxisBank-Resistance around 1110-12 and 1120, break below 1100 can bring 1080,1072 -66 and 1050
BajajAuto-In the range Of 1590 and 1610 stock can be good buy for 1630,Break below 1590 it can come down to 1582 and 1570.
Heromotor-Buy above 2220
PFCUS -looking good ,Titan,LIC,SRF...looking Good
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.
