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This Can be Our Sample News letter but Not So simple ...
NSENIFTY-likely to open in gape up But the point is that whether this gape up will Provide the way above 5000 or not .Crossover 4845 it can move up to 4910-15 and 4935 ,Crossover and sustain above 4935 it can move up to 4990-5000 one can book profit around this level.
If comes to 4990-5000 then keep sl of 5070 and go short (Buy Puts Option and take Small Risk )...Depends on News flow else Crossover and sustain above 5070 it can move up to 5125-5155 and keep sl of 5230 on close base and go short.
BankNifty-Crossover 8700 it can come up to 8840-50,8870 and 8900 and 9000,Crossover and sustain above 9000 it can move up to 9110-9150.Support around 8600.
Reliance -Yesterday It was advised to Buy @ 768 and touched 783 in intraday ...Stock can move up to 795,803-805 and 810-17.
Jublfood -Crossover 782 stock can move up to 788 and 792-93 if sustain above 793 than it can move up to 805-812
Jpasssociate-Buy above Stock can move up to 63.50,crossover and sustain above 63.50 it can move up to 65.50 than after 68.
Grasim-buy above 2350 Tgt 2390 and 2420-23 and 2450-60
Dlf-Support around 208 ,Crossover 212 it can move up to 215-216 than after 220-221 and 224
Sbin-Only and only trade above 1800 can bring initially ..1817-25 then after 1850-60 and 1890
MaxIndia-Buy above 168 tgt 174 and 178
Pantaloonr-Crossover 202 can bring 207 -210 if breaks 210 can shot up to 216
Petronet-Buy above 166 tgt 167.50 and169.50,Crossover 170 it can bring 173-174
Praj-looks Hot for 81 and 83.7
Jswsteel-Support around 582-80, initial hurle around 604 and Crossover 610 it can move up to 618-22,Crossover of 622 it can bring 633
Vguard-Crossover 183
Erosmedia-Cross and sustain above 232 ??
Escort-buy above 82.50 stock can move up to 85 and 87
LT-Buy above 1295 tgt 1310,1320 and 1330,Sel below 1250 tgt 1225-1215
Lich-Keep sl of 220 and buy tgt 228 and 231.7
Hindalco –Crossover 124 stock can move up to 125.50,127.5-128 and 132
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.
