Tuesday, May 13, 2008
NIFTY . Today support 4982, 4950, higher level it will crossover 5021, it can move up to 5051, 5090. NIFTY (Monthly May 2008 ) Consider 5000-5008 are a good support and remain above first target 5388, thereafter 5688, down side trade and sustained below (5000-5008) 4786, 4406. Your stop loss for long position 5000 mark. |
BSE : Today support 16768, higher level crossover 16900, it can move up to 17000, 17120, 17250. 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) 7297 are a trend decider of the market, remain above target 8145, 8660, down side it will take support 6778. |
RCOM Monthly support 552. Looks good Keep a stop loss 528 on closing basis and buy.... Today support 543, crossover 552, immediate target 559 or above. |
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RPL : Today support 178, crossover 183 with volume over all buying in this counter... |
R POWER Down side strong support 390-395, as hold no problem in this counter. Ultimate target 436 or above. http://www.bharti.com |
CAIRIN LTD : Today support 290, crossover 306, it can move up to 322 or above.... |
ESSAR OIL : As remain 236 short term target 300 which is strong hurdle. |
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RANBAXY : Laxman rekha 500-505, thereafter. |
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