22 November
8866877118
NSENIFTY-Looks weak however we could see rally up to 5990 and 6020 ,crossover 6040 will bring 6070-75 and 6100-6125,selling pressure will be continue on every heigher surge untill it give close above 6160,down side if it breaks 5850 than further panic would throw it to 5800-5780,5740 and 5710-5715 and finally 5550-5530.
INTRADAY-It can face resistance around 5960 and 5990-6000,trader can go intraday short around 6000 with sl of 6037
Trader-Avoid Buying @ heigher levels for time being and Sell on Upsurges
Long Term Investor-Dont Worry ; can Buy if Nifty Comes down to 5530-5550 applying sl as 5330 on closing base for the target of 6350 and above.
ABAN-Falling Baby... look very weak sell at current and hiegher breaking of 765 Will crack Down to 750-745, 735 and break of 720 will kick toward 700-685
Sell at any heigher of 798-805 keeping sl of 820
ACC-1026-30 and 1040 upward hurdle selling can be done with sl of 1055 break below 1010 tgt 993,972 and 950
BAJAJAUTO- Sustain above 1580 will bring 1603-1614
ULTRACEMCO-1110 -1115 upper resistance and break below 1070 than possibley 1048,1022-1013...weak can sell below 1070
TATAMOTOR-Strong trade below 1175 than heavy selling will underway and stock could come down to 1160-58 and 1148,upper side 1195 -1210 can act as hurdle
SESAGOA-Upside of 334-335 can be possible, just take small risk and sell with sl of 338 tgt 328-27,324.50,below 322 ..317-318
AXISBANK-Sustain trade below 1365 it can come down 1342-1337
Relcapital and Tatapower.....Remember We have advised to sell @ 815 and 1365..now ???
Relinfra ......will fall down to 925 n 886...sell at opening
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.
