Monday, August 8, 2011

TradingBets

A Medium Term Correction..Can Lead To 4000-3800

www.netprofitindia.com
 8866877118

NSENIFTY-Immediate Hurdle around 5250 and 5320-40,don't be aggressive in buying at heiger level.
Support around 5160 below this it can come down to 5120-5100
Below 5099 it would likely to come down to 4980 in no time 

There are the Only support will be seen will be working for few hours -minutes or day but market is likely to come down.bulls should wait for any possitive news or upper side breakout around 5570.

Break of 4950 another panic ..possible down to 4860..4800-4780..Let me finish here.
We are in correction mode that can see downline of 4000-3800.
on weekly basis keep a sl above 5570 and go short if rally comes to 5400-5420.

Sensex-Support around 17200 on closing base is protected but picture looks not enough good take relief.
in Mid of 2012 around april possible of 12000

Bank Nifty-immediate resistance around 10550-600,and support 10260 if break this than it can go down t o 10150 it can touch 10000 and below 10000.....??

Hdil-susutain below 120 panic selling will push it down to 90-78

Relinfa-below 515  ….501 and 490 possible 

Ster-Now  133,126 and 116…..and more down side possible.

Escort -80 and 74 on the card keep sl of 95 in short




Apil-immediate hurdle around 563 and 570-75
Break below 535 stock can come down to 525.

Axisbank-1280-85  and 1292 can be immediate hurdle
Below 1200 stock will take small support around 1192-193 and likely to come down to 1184-85,1177-75 keep sl of 1195 and tgt 1160-1150,1150 is important and Crucial support.

Bajajhind-Resistance 64-66 and break below 59 it can come down to 58 and sell or buy put of 55-50 once it close below 58

Reliance - 750-744 on d way



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.

TradingBets

About TradingBets

Author Description here.. Nulla sagittis convallis. Curabitur consequat. Quisque metus enim, venenatis fermentum, mollis in, porta et, nibh. Duis vulputate elit in elit. Mauris dictum libero id justo.

Subscribe to this Blog via Email :

1 comments:

Write comments
August 8, 2011 at 11:19 PM delete

how much down down will market go sir ? please reply

Reply
avatar