Tuesday, September 13, 2011

TradingBets



NSENIFTY -Support around 4929 and 4900, break below 4900 would bring 4800 and 4760in very short time 
Upper side Crossover of 4986 will take this to 5010 and 5040-45

BankNifty-Crossover 9455 it can rush up to 9550-9650,

Break Below 9320 can drag this to 9240-9170


Shipping Stocks likely to Zoom Baltic Dry Index-Making Intermediate High-ABGSHIP,MLL

Aban-sell below 380 stock can down to 373-368, upperside hurdles 390-386

Apil-Hurdle around 525 and 530-33
Stock can come down to 511 and 505-497

Denabank-Buy above 81 tgt 82.25,84.25

Sell Below 79 tgt 77.7,75.8

Dlf-Sell Below 194.50 tgt 191, Break below 190 it can come down to 186 sl 197.

Drreddy-Support around 1440, keep sl of 1440 and buy if opens above 1460 than keep sl of 1445 tgtgt 1475-1485-1494-1510


Cesc-Sell Below 282 it can come down to 276-77 and 270.


Chambal-Strong support around 110, Crossover 113 It can go up to 115,116.8


Bhel-If not break 1690 than stock can go up to 1800 in straight line, minor resistance around 1750-60 zone.
IBREAL-sell below 79                                                           

BajajHind-Upper side Resistance round 54.50 and support around 52.9 Break below 52.8 stock can come down to 51.50-50.50
                     ELECON-Looks Very Good Can touch 78-83
Bankbaroda-740 very good support in down side, stock can go up to 774-780

Indbank-Break below 198 Expect 192-190 and 186

Jetair-Sell Below 275 TGT 270 ,Break Below 268 It can come down to 262-257

Jpasssociate –Resistance around 66,Break below 63.8 can bring this to 62.4
66 above 67.40 and 68.40

Reliance- 810 Resistance Sell Below 793 tgt 783 and 777

Tatasteel-More weakness possible if break 450 It can come down to 443-438-430

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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