8866877118
NseNifty-as we mentioned in our mondays post heading toward 5770,we have seen 5779.
now for today support is 5770 below this it can fall down to 5735-30 where it will take some rest and in panic it will come down to 5700,most important immediate support if breakes than another massive fall of 50-70 point on card likely 5830-5620
Support and resistance has to go and come but trade wisely and according to trend ,if one support breaks than new support comes but if trend is negative than another support will appear.
resisitance around 5810 and 5880 ..seems to unbreakable as of now.
Axisbank-Sell around 1405-1407 keep sl of 1420 tgt 1386,1375
Bajaj-Auto-Sell below 1369 tgt 1355,breaking of 1340 will crash this stock and it can come down to 1315 and 1260
Bgrenergy-Sell below 520 keep sl of 530 tgt 505
Dlf-Sell below 250 sl 254 tgt 244
Educomp-sell below 440 sl 450 tgt 421-415
Escort-Sell below 136 stock can come down to 133.5,128 sl 138
Idfc-looking weak stock will come down to 142-141 if unable to hold 151
Ioc-sell below 322,HIndpetro-sel
Infosys-buy above 3265 tgt 3300
Gtoffshore-sell below 275 sl 280 tgt 260-257
Tatasteel-sell below 623 sl 630 tgt 615 and 609
Tatamotor-sell below 1210 stock will come down to 1190-1180 and 1165 sl 1230
Archies-Looking good on chart buy at down stock can go up to 58-62
Indswiftlab-Buy above 35,keep sl of 31 tgt 40-45
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.
