Friday, May 30, 2008
NIFTY Higher level major resistance 5094. Today resistance 4864, down side it will take support 4800, break and trade below more weakness on the card |
BSE : Today it will resistance 16392, 16450, down side below 16195, down side target 16100. BSE (Monthly May 2008) 16688 are a trend decider of the May 2008, remain above upper side target 18079, 18871, down side trade and sustained below (16688) 15896. (May month are very crucial of the Indian Market , if hold 15000 first sign of worst is over) |
CNX IT (Monthly May 2008) 4140 are a trend decider of the May 2008, higher level sustained above target 4652, 4947, down side below target 3844. |
BANK NIFTY (Monthly) Watch the support level of 6300 and 6030 on panic and start buying in small lots. |
RPL : Consider support 171 for long position. Today resistance 178, 180, down side support 171, break below more panic on the card. |
SUZLON ENERGY : Below 280, free fall continue......Today resistance 285 290.http://www.bharti.com |
TISCO : Monthly support 760. Buy this stock on panic with consider stop loss level 853. |
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ESSAR OIL : Today resistance 232, 236, down side break and trade below 228, free fall up to 220, thereafter major weakness expected. |
LT : Consider stop loss 2662 for long position, trade and sustained above 2885 short term target 3350 +, Decline to buy only. |
NEV LIGNITE Keep a stop loss 155 and maintained short position, below 137, more selling pressure in the market. |
IFCI : Decline to best buy.... Trading range 54 to 67.....(RIL likely prominent bidder) |
DLF : BELOW 580 looks bearish. |
UNITECH : Below 237 sell,,, |
SATYAM HIGHLY OVERBOUGHT...SELL... |
JP HYDRO Two close below 60 free fall,,, |
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