Thursday, June 16, 2011

TradingBets

Godrejind,Banking Stocks.....Need To Keep Eyes On

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NseNifty-Looking Weak ,immediate hurdle around 5480,break below 5438 it will come down to 5420 and 5400.this is important support of intraday ,if break than panic selling will drag this to 5375-63-5350


BankNifty-Sustain below 10590 Another fall of 200-250 on card,intraday it can come down to 10460-35,10390


Aban-immediate hurdle in upper side are 558-560 can be used to sell
Break below 549 stock gonna come down to 540-534,in this downward rally stock likely to take small support around 543-44


Abgship-Buy above 378.50 sl 374.50 tgt 382,385.50,389


Apil-575 immediate hupper hurdle,any upside rally can be use to sell break below 561 stock will come down to 555,549-47


Axisbank-Below 1216 stock will come down to 1203-1200,1195,1184


Sbin-Below 2165 it can take support around 2155-2138…break of 2138 will creat panic and stock can come down to 2080


Bankinda-sell at heigher ,420 immediate resistance ,break below 409 stock will come down to 400-390


Hdfcbank-sell below 2365 tgt 2345-2330


LT-Buy above 1740 tgt 1765-87-98


BankBaroda-Sustain below 855 it can come down to 848-46.5,838


Hdil-sell if sustain below 171


Indianhotel-likey to touch 72 ..sell


Icicbank-sell ….or sell at heigher 1038-40 sl 1050 tgt 1025, break below 1020 stock will come down to 1005


Bhushansteel-Buy above 416 sl 412 tgt 421 -425


BRFL-Buy if sustain above 293


Cummins-Buy above 695 tgt 705-712


Dabur-Buy above 118 tgt 121 -123


Vipsind-buy above 773
Sell belo750..tgt 740 -730


Interesting Charts:


GodrejInd-Godrej-Buy if sustain above 198 tgt 205-207 and 214,Keep sl of 180 on closeing base buy in declines tgt 235


Grasim-Below 2190 stock may Come down to 2165-2145,Break and Close below 2140 tgt 2000-1980



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.

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