Tuesday, October 18, 2011

TradingBets

NIFTY-IF NOT HOLD 5045...POSSIBLE 4995 AND 4965...

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NseNifty-we are suggesting Resistance around 5170 if not crossed market will come down..now today break below 5078 can bring this to 5055-45,Break below 5045 panic selling will bring down to 5000-4995 and 4965-70.

Everyday Its Gape up And Gape down so Possibilities of 4755-60.If You Depends On foreign Market Be Ready Anytime to forget Our Market ..If they are selling then Sell ..Buying then buy..

Selling Create More panic b,coz Most Of Indian trader Have Not Experienced Bearishness.  

BankNifty-Break Below 9700 it can come down to 9640-38, and 9570-80,Downside Support arround 9530-10..breaking of 9510 would bring 9420 and 9290. 

IOC-Seen Our call....


AxisBank-Resistance around 1120 and 1136-33,Break below 1110 can bring 1095-93,1085-86 and 1075



Lt-Likely to face resistance around 1400-1405,Sell and keep sl of 1420 break below 1368 it can come down to 1350,1340 and 1325

Infy-rally Can Go Further If Cross and Sustain above 2770 else it can come down to 2720-22 break below 2720 tgt 2700,2687-85,

Sbin-Initial Hurdle around 1905 and 1935
Break Below 1870 can bring 1852-50 ,if break and sustain below 1850 would bring 1820-22 and 1800,Stock can do Further rally only above 1960

Rec-Resistance around 175 and 178 sell below 172 tgt 168.50,and 163

Maruti-Resistance around 1070-75 and break below 1038 can bring this to 1020 and 1010..below 1010 more panic expected and it can come down to 988.

Bfutility-Resistance around 478-480,sell below 458 tgt 445 -433 and 426

M&M-resistance around 817-818,Break below 808 can bring 800 and 793-94 …787-86 possible.

Rcom-sell below 75.50

Ambujacem,And Twl Looking Good 



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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November 1, 2011 at 1:24 PM delete

  This is nice post which I was awaiting for such an article and I have gained some useful information from this site. Thanks for sharing this information.

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