Wednesday, November 16, 2011

TradingBets

8951510977

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NIFTY-likely to take support around 5035-40 and 5010,4995,so multiple support zone around 5030-5000,market is declining from last few seconds so we expect it can take some support around this level unless and untill there is any negative news from overseas,else breaking of 4995 tgt 4965-50,upper side resistance around 5090 and 5128-30
Close below 5010 would give further confirmation of 4765.

BankNifty-Likely to come down to 8980-70,8800-8810, where 8930-40 can act as minor support,below 8800 it can come down to 8750   and 8700-8695 possible.upper side hurdle around 9200 and 9240-45 Crossover which it can move up to 9300.


Arvind-stock is heading toward 86.50 and 84.50

Albk-sell below 159 tgt 157 and 155

Ambujacem-sell below 158 tgt 156 and 154.50

Andhra-Below 103.50 tgt 101.60,100 and 98

Auropharma- tgt 88-85 and 81.

Axisbank-stock can come down to 992 and break of 992 can down to 982 and 977-75 and 955

Biocon-sell below 324 tgt 318-19

Dlf-break below 203 tgt 198 ,196 and 194.50

GSpl-sell below 94.8 tgt 93.30,91.50 




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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