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NseNifty-Market Heading Towards 5177-60 and 5118-5100,Sell On rallies in any sharp bounce back that can be possible up to 5440-50 only.break below 5120 would create another panic and selling pressure will bring it down to 4970-50
Intraday Trader-Downside Support around 5245,and upperiside hurdle around 5315 ,break of 5245 would bring 5196-75 and 5160.
Any thing Sustain above the High which was made post Panic selling than may see smart recovery
Acc-immediate hurdle can be 950-55 and 965 can be utilize to sell keep sl above 975 tgt 935-920,once break below 915?? it will will bring 900-892
Axisbank-Buy above 1240 tgt 1250-52 and 1260 sl 1228
BajajHlding -Positional Sell below 744 sl 775 tgt 675
BankNifty-on 16 june We advised
"Break of 200-250 point downside possible from 10590"
Bank-Nifty Made exact low of 10340 .....Exact 250 point....Cheers
BGR-Immediate Hurdle around 465 and support around 449 break below this level -436-431
Bhel-Sell Only Below 1890 tgt 1850-1815.
Dlf-immediate Resistance around 222-223 can be use to sell
break of 214 stock is likely to see level of 209,break below 208 ..heavy selling pressure will bring it down to 194-190
Educomp-Buy above 403 tgt 410-414
Grasim-Enjoyed Fall ......
Now below 1980.....than 1960 and 1920
Hdil-Below 158 stock can come down to 154.50-151
Herohonda-1725 good Support crossover 1755 stock will move toward 1780-85,1795-1800
Indianhotel-Just 4 day back at 78 we advised to sell for tgt of 72 made low of 72.20
Indusindbank-Buy if sustain above 253.50 tgt 256.50,crossover 257.50 tgt 260
Kotakbank-Sell below 429
M&M-can see smart recovery up to 648-54 if sustain above 640
Tatamotor-We suggested if it close below 980 ....than.....nwo stock at 930 ....887 on card
Titan-Immediate hurlde 4640-50 and 4680 ,sell at higher...break and sustain below 4580 stock will come down to 4535-4500
Interesting Charts:-
GtOffshore:
HDFC-Read In Chart
ITINDEX-NSEIT.....HnS pattern Break Down ..be cautious In IT Stocks
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.