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NseNifty-Below 5044 it can take support around 5030 and 5012 ,downtrend can bring this to 4995 and 4980-85..If sustain below 4980 than we can accept that RBI can disappoint and it can come down to 4900-4885 or 4865-60.upper Side Resistance around 5075 ,5088-90 and 5107..Keep sl of 5130 and short @ higher levels.
SENSEX-Major Resistance area 16945 -17000..Only Close above 17000..Will Decide Next Direction else 16270 /16000 .
DLF-sell below 190.50 tgt 186 ,183
Idfc-break below 127 tgt 123.
JSWSTEEL-break below 624 tgt 616 -610
LT-Good Chance Of Bounce from the Level of 1260-70
M&M-sell below 674 tgt 669 -663
Maruti-Any rayy can be used to sell around 1100 keep sl of 1126 tgt 1072 ,1065 and 1050..Break below 1050 ..massive cut of 100 rs on the card.
Mcdowell-Break below 652 tgt 643 ,636 ,632
OrchidChem-It can come down to 114-113.50 Break below 113.50 tgt 112 sl 122
Tatasteel-Break below 405 tgt 397
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.
NseNifty-Below 5044 it can take support around 5030 and 5012 ,downtrend can bring this to 4995 and 4980-85..If sustain below 4980 than we can accept that RBI can disappoint and it can come down to 4900-4885 or 4865-60.upper Side Resistance around 5075 ,5088-90 and 5107..Keep sl of 5130 and short @ higher levels.
SENSEX-Major Resistance area 16945 -17000..Only Close above 17000..Will Decide Next Direction else 16270 /16000 .
DLF-sell below 190.50 tgt 186 ,183
Idfc-break below 127 tgt 123.
JSWSTEEL-break below 624 tgt 616 -610
LT-Good Chance Of Bounce from the Level of 1260-70
M&M-sell below 674 tgt 669 -663
Maruti-Any rayy can be used to sell around 1100 keep sl of 1126 tgt 1072 ,1065 and 1050..Break below 1050 ..massive cut of 100 rs on the card.
Mcdowell-Break below 652 tgt 643 ,636 ,632
OrchidChem-It can come down to 114-113.50 Break below 113.50 tgt 112 sl 122
Tatasteel-Break below 405 tgt 397
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.
