18th November
8866877118
NSENIFTY-If not able to cross 6000-6015 than weakness in gloabal market will be mirrored and will drag it down to the Previous days low of around 5971 and may even hit a low of 5955-5946 after that it will try to move toward 6000-6015 level's and again selling is possible at this level,one can sell applying a sl of 6030 for the target price of 5930-5335,Panic selling could bring the Nifty down to 5918-5914 ,Here it will try to find support ,this is a crucial support for the Nifty on closing basis.If the Nifty manages to trade above 6000 then we could see a rally up to 6044-6056 and 6080.However bullish sentiment can be confirmed only once the Nifty manages to trade above 6160 and close above 6180 will give further confirmation ,whereas a Close below 5898 will creat huge panic down to 5830-25 , 5650-40 and 5550-20 Levels respectively.
5930-5920 can act as support for intraday bulish trade
(This is My Live Pre-Market commentry based on my techcnical Analysis )
3IINFOTECH-Sell if sustain below 63.55 sl 64.8 tgt 62.5-62.25,61.5 and 60.3-60
ABAN-May come to up to 800 and 804,one can sell with sl of 820 tgt 792,783-778..790 important support it should be break with volumes
HDIL-Strong Trade below 233 keep sl of 240 and tgt 224-215
ACC-close below 1020 will bring 992-72 and 950-947,immediate hurdle 1080-1088,obove 1052 tgt 1065-1072
Bhushansteel-Sell on rally or currnt .......can see fall of 30-35 in very short term
IDFC-Sell below 188 sl 191.5 tgt 184,180.6,176.50
Reliance-Support Seen @ 1010....
Relinfra- 950 very Important Support
Tatasteel-May come up to 618-620
Rcom-Below 154 with volumes and sustain then 146???.......
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.
