Friday, June 6, 2008
Play for long stop loss 15300 below First target 16000, 16262, thereafter rally will be more spread up to ......? _______________________________________ Time being consider support....... Nifty Support 4500-4450 BSE - Support 15300-15332 (Just check U turn from the support level of 15300) Close below 15300 - target 14677 | |
Please Cut + Paste monthly level and decided your trading strategy in the month of JUNE Trade below bearish and trade above bullish | |
NIFTY FUTURE
Today resistance 4718, 4732, thereafter.. | |
NIFTY : ( Below 4800, short term target 4500 + achieved on yesterday) Today support 4634, crossover 4690, immediate target 4732, 4750, 4790. | |
NIFTY (Monthly) Trend Decider 4990, continue close above, positive only, down side remain below, 4681, 4493 and below, higher level above 4990, it will face resistance 5178. | |
BSE : (lower level major support range 15300-15500 and at the level dead cat bounce can not be ruled out) Just check yesterday you turn from the support level......today it will take support 15632, higher level crossover 15814, immediate target 16000, 16131, 16262. | |
BSE (Monthly) Trend decider 16782, remain below, down side target 15829, 15242, higher level it will face resistance 17368, 18322. | |
RELIANCE Monthly level 2606. Today resistance 2257 and 2300, down side break 2175 more weakness.. Try to sell at higher level. (Short position built up ....cautious approach at higher level) | |
RCOM Monthly trend decider 571 Today support 540, higher level it will face resistance 562, if sustained some positively... http://www.bharti.com | |
REL CAPITAL : Monthly trend decider 1320. Consider support 1045 (previous low) and hold your position.....Today support 1121, higher level it will face resistance 1175, 1243. | |
SUZLON ENERGY : Monthly trend decider 286 today support 262, higher level massive resistance 282-285 crossover and close short term target 300, 320, thereafter again it will side. | |
JSW STEEL : Higher level sell only, with consider major resistance 2380... today it will take support 2168, higher level it will face resistance 2265, 2280. | |
ONGC : Higher level it will face resistance 1050...... | |
UNITECH LTD : Monthly trend decider 267. Hold yesterday low 191, some positive bias in the market. Higher level it will face resistance 217, 227. JP ASSOCIATES : Monthly trend decider 240. Hold yesterday low, 194...........Higher level it will face resistance 214, 225. | |
IFCI : Decline to best buy with stop loss 55. Monthly trend decider 61.50. Buy and buy...... | |
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