8866877118
Nsenifty-5690 and 5720 can be resistance in upper mover and 5620, 5585 and 5565 are immediate support. if breaks 5540 it can come down to 5470 within few hours. Today intraday bas it can take reverse from 5585 zone where we think panic selling can be stopped.
Traders should avoid this market or keep strict SL
Apollotyre-Sell below 58.50 sl 59.80 tgt 56.75 and 54.50
Aban-Stock likey to face some resistance around 725-728 zone and 710 is strong spport in down side below 710 one can sell wd sl of 720 stock can fall down to 702 and 695,and panic selling can push this stock toward 685-83 and 670.
Abgship- immeidate upper hurdle 374-376,below 360 stock can come down to 355.5 and if stock falls below 354 than panic selling will emerge and that can kick thi stock to 344 and 335
Arvind - One can sell if sustain below 61.70 sl 63.50 tgt 58.60,56.50 and 55-54.8
Axisbank-Below 1192 stok can come down to 1182-1170,1225-1230 can be hurldle for upper move
Rpower-Sell Below 146 with sl of 148.25 tgt 143 and 141
Lupin-Sell if sustain below 455 sl 460 tgt 445-43
Orchid-stock has strong support around 280 sell below 280 tgt276.50,break below 276 stock can come down to 272-271.5 and 266
Bankindia-Sell below 413 stock can fall down to 405 immediately
Biocon-Sell if sutain below 375....Read Previos post
IVRCL-Below 105 stock can come down to 95 and 85
Relcapital-Below 595 panic selling can be seen stock can touch 565-570
Bomdyeing-below 430 stock can come down to 415 and 405
Chambal-Sell below 75 sl ..tgt 72.5 and 69
Punjlloyd-below 98 stock can fall down to 92 and 88
Tatasteel-Sustain below 614 stock can come down to 605-603
TATAMOTOR-Sell…sustain trade below 1170 will take this to 1160 and 1150
Everonn-Buy above 615 tgt 625-635 and 645
All tyre Stock Looking weak Apollotyre,Ceat and MRF
MRF-Below 6550 stock can come down to 6330-6315,6250 and more,close below 6300 ultimate tgts are 5830 and 5580-5600
VIDEOCON-SELL BELOW 207 SL 209.5 TGT 202,199 ..204 can act as minor support
Unitech-Sell with sl of 58.50 break below 56.85 stock can come 55.80,54.5
Petronet -Looks good
Tv-18 Buy if trade above 72 tgt 74.5 and 76.25 sl 70
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.
