Tuesday, May 14, 2013

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Read Our Previous Post On Jswsteel,Nifty


Nifty cash -In our Previous Post we have told that below 6045 it can touch 5975 and yesterday it fall down in same way now below 5970 it can come down to 5945 and 5936 ,where 5936-5928 it import support zone if break then it can come down to 5910-5903 ,upper side resistance around 5995,6008-6010 and 6025-6030 then after 6045-50 which is important Hurdle in Upper Side. 

BankNifty Cash-Cash Resistance around 12625-28,Break below 12540 it can come down to 12470,12400 and 12370-60 possible,Crossover 12630 it can move up to 12685
Sensex-Resistance around 19850-19870,Break below 19660 it can come downt to 19566-19540,Breaking of 19540 we can see another cut of 100 points,major Resistance to watch is 19900-19910
McdowellResistance around 2352-55,Break Down Below 2310 Stock can Come down to ??
Axisbank-Resistance around 1470-68 and Break below 1445 Heavy Selling Can emerge and Stock can see Down side of  1400!!!!??
Sbin-Resistance around 2272 and 2285-92 It can come down to 2265 and 2245
IdBi-Resis tance around 86.75-87  Sell Keeping Sl Of 
Ibrealstate-Sell around 76.3-76.50  Sl and Tgt ?

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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