Tuesday, June 7, 2011

TradingBets


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NSENIFTY-likey to face resistance around 5540-52.if not cross it will come down to 5500 and 5770-72, crossover and sustain above 5552 it can move up to 5577-80 and 5595.Downside support exist at 5500 and 5470.



Hdil-164 is good support in Down side ,trade above 170 will pull this stock toward 175.5-176 and 180,in intraday stock likey to find minor resistance around 173
LT-stock looking good,keep sl of 1697 and buy ,crossover 1740 modifie sl to 1710 tgt 1765,crossover and close above 1770 tgt 1900..may face Minor Resistance around 1800.
Ranbaxy-Buy if Sustain above 546 sl 540 tgt 554...Sustain above 555 a not stop rally will start toward 568-70
Raymond-Our Intraday client were advised yesterday @ 358 and 363..shoot up to 384
Cox&KiRead our fridays Post ...it was up by 13% yesterdaty 

resistance around 388-390 crossover which it can rally further up tong- 400-413

Techm-buy above 710 sl 700 may face minor hurdle around 716-17,can touch 730

Siemens-Looking good above 910 stock can move up to 930-946
Uniphos-sell below 159 stock can come down to 157-155
Midcaps:-
Everonn-Buy with sl of 538 and hold tgt 575
Gulfoil(83)-Buy above 84.50 sl 80 tgt 92
 

Ptc-intraday trader can buy with sl of 82 ,crossover 86 will bring this stock to 90-92
it may likey to face resistance around 85.60-86 in intraday base.
one can go long with slof 1680 on closing
Optocircui-Sell below 278.50 tgt 273-270
Pfocus(59.50)-this not in clear breakout however it can be low level enty at this time with sl of 53 on closing base stock likey to touch 66 and 72 in next comming days
Pidilite(163)-keep sl of 158 and buy 

Texrail-low Volume stock,We advised to buy @ 78 on 25 may ....now again buy above 80 stock may touch 84-85 in intraday only and may touch 92 in few weeks.


 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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