Friday, November 18, 2011

TradingBets

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NSENIFTY-multiple support zone around 4920-4900 if break 4900 than 4865-4850 break of 4850 tgt 4830-25 break below 4820 heavy selling can bring this to 4755.upper side hurdle around 4960-50 and 4990-5000.

BankNifty-Yesterday we advise to go short below 8960 and came down to 8900, 8820-8800,8750 and 8650 and 8600. If break 8600 than 8560-50,8460 and 8200. 


Tatamotor-break and sustain below 170 tgt 167 -162-157 -151



Reliance - Sell this stock around 816 and 825 keep sl of 836 .Break below 804 tgt 798-96 , 787-88, minor support around 783-84  then after 777-76 ,770 and 765-66
Channel pattern break down indicate that close below 800 on weeekly basis tgt 690-95

Bharatforge-looks good above 277.50 tgt 281.50,Crossover 282 tgt 285

Bhel-Read Our Tuesday post advise to sell,now break below 280 it can come down to 274,268 ,minor support around 277

Sesagoa-likey to come downt o 185, 178-180.

Tatamotor-break below 170 tgt 167 -157 -151

Axisbank-Break below 975 tgt 955 ,950-948, break and sustain below 948 tgt 937 -926

LT-break below 1220 tgt 1202,1180 and 1150, 1125

Acc-Break below 1150 tgt 1140-42 and 1127

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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