Wednesday, October 12, 2011

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NSENIFTY-sUPPORT AROUND 4964 BREAK BELOW 4964 IT CAN COME DOWN TO 4932-30, 4887-90 and 4860..Break of 4850 it can come down to 4830.upper Side Crossover 4990 can bring 5005,5018-20 and 5040.

BankNifty-Crossover 9210 it can move up to 9280-82,9310 and 9362-70 and 9450 Support around 9148 and 9090,Break below 9090 it can come down to 9000-8980.


AxisBank-Sell Below 1045 tgt 1035-1032 ,1025,1017, upperside Crossover 1062 possible 1072 ,1080-1096

Infy-Break below 2490 it can come down to 2460 -2430 and 2410,If break 2410 than huge selling will underway can bring 2355,2340 and 2300..Result seems average according to charts

Tcs-Upper side can be possible up to 1050 only ,Break below 1035 it can come down to 1015- 998,untill and until 1078 break stock will be under pressure.

Sbin-Break below 1750 possible of 1732-33 and 1722 -1710 ,panic can be seen below 1710 and stock can come down to 1680 and 1650.Upper side hurlde around 1770 and 1785,stock can give good upmove only above 1810.


BajajAuto-Crossover 1590 it can move up to 1600 and 1610,Sell below 1571 tgt 1561 -1550

BankIndia-Support around 325-23 and 319 stock can go up to 329,332-33 and 337-339 One should book profit around this level of 339

IciciBank-Upperside Hurdle around 840 crossover which it can go up to 848 and 854,Below 829 stock can come down to 818-816,Break of 816 it can come do to 798-790 and 780.


Bgr-If trade below 333 than stock likely to come down to 329, 323..321can act as minor support,upper side Hurdle around 342..Crossover which it can come up to 352-356-360.


Bfutility-resistance around 466-470 ,Sell below 460 can bring this to 445 and 441..452 can act as minor support. 

Vipind-Crossover 940 can bring 950-960 and 970,Below 906 it can come down to 896 880

Ttkprestige-Crossover 2910 can bring 3020-25 else break below 2825 it can come down to 2790-2750

Jublfood-Very Good Upside has seen in last 3 days, now stock can move up to 836 and 844-45,Crossover 845 can bring 858-60 and 868

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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3 comments

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October 12, 2011 at 10:16 PM delete

sir ur analysis is mind blowing and most of all ur call that u wrote here is hit. sir i m just learning technical analysis and i want to know which software u r useing and which indicators u r follow to generate buy sell and these kind of amaging stock level. i am also from gujarat from ahmedabad . sir where is ur distric. i m using icharts. will u plz help.

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October 13, 2011 at 9:55 PM delete

YEAH Pratik tell... m from Ahemdabad

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