Nifty-As We advised Yesterday It can Go up to 5040-45,Nifty Exact made High of 5040 and Reversed.As well as low was Also Respected
For Today Support around 4930 and 4910,Break below 4900 Will Take this to 4800-4760-4720 in Few days Only.
Upper Side Hurdle around 4960 Crossover Which It can Move up to 4976-77,5000
Bhel-
BankNifty-Looking Weak On Chart,Crossover 9372 it can come up to 9415-20 and 9480-9500 possible.
Crossover and sustain above 9500.possibility of 9540,9568-70 and 9650 possible.
Break Below 9240 can bring 9170-60,9000.
AsianPaints
Jetair-Resistance around 280-282, Sell Below 275 TGT 270 ,Break Below 268 It can come down to 262-257
Aban-Good Support around 387 and 378,Crossover 398 can take this to 405-412
Sell Below 378 tgt 373,368
Acc-Support around 1045 and 1040 Crossover 1060 stock can move up to 1080
Above 1060 keep sl of 1045 and hold tgt 1080.
Sbin-Yesterday we advised to sell around 1890 and 1870,also bought PE.Option
Today Break below 1880 tgt 1790-70-50…and final tgt positional 1720 and 1500.
Tatasteel-More weakness possible if break 450 It can come down to 443-438-430
Apollotyre-Resistance around 60,Sell Below 57.50 stock can come down to 55.60
BGR-initial Hurdle around 326-26,Sell Below 315 tgt 307-302
BhusanSteel-Buy above 341 tgt345.50 -350
Biocon-Buy above 330 sl 328 tgt 336-339
Cesc-initial Hurdle around 285-86 Break below 282 it can come down to 276-272.
Escorts-Resistance around 72-71.50,Sell Below 69.50 tgt 67.75 and 66.6
DLF-Buy above 202.50 sl 199 tgt 205.20,207,Minor hurdle around 204
Sell Below 194.50 tgt 191, Break below 190 it can come down to 186 sl 197.
Grasim-Crossover 2195 Will take this to 2220 and 2250.
Hdfc-Sell Below 641 stock can come down to 630 and 625
635-336 can act as minor resistanceBhartiAirtel-Sell Below 377 TGT 372 -368, Resistance around 386-392
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.
