DATED : 23rd JULY 2008  

Wednesday, July 23, 2008

NIFTY ABOVE 4215 -

Target 4500-4600

BSE above 14066

target 14500-15000-15500

Buy Anil ADAG Stocks -

We are buying last two trading sessions.

1. Reliance Capital

2. Rel Infra

3. Rel Power

4. AD Lab

5. Rel. Communication



NIFTY : Higher level major resistance 4215 Today support 4213, 41650, higher level crossover 4265, immediate target 4300, 4365, 4400 Major resistance 4460.

NIFTY (Monthly - July ) Monthly resistance 4323, above only positive movement in the market, down side target 3738, 3436 and below

BSE Today crossover 14100 target 14444, 14600 or above.

BSE (Monthly July ) Monthly resistance 14500, crossover and continue close above, first sign of reversal, down side target 12367, 11372. (short term support 12700)

BANK NIFTY : bullish break out , Decline to best buy.... Today support 5741, 5624, higher level it will face resistance 5910

BANK NIFTY : (Monthly) Higher level 5567 are major hurdle.

CNX IT : (Monthly) Higher level 4250 are a strong resistance, down side support 3726, 3454 or below.

REL CAPITAL : Monthly trend decider 1005. Looks good and buy....Crossover 1200, non stop target 1300 or above.

TATA POWER : .Monthly trend decider 1135, massive resistance 1150. Today it will face resistance 1138, once cross and sustained target 1200 or above.

DLF LTD : Monthly trend decider 465, Higher level two resistance 470-475, cross and sustained looks good and close above ultimate target 525, 550, in coming days.

PUNJ LLOYD : Above 244 over all buying in this counter.


AD LAB : Above 441, looks good

RNRL : Ready to touch 81, thereafter.

BHEL : above 1610 fantastic up move on the card.


INFOSYS : Monthly trend decider 1826, lower lever target 1605. Today resistance 1600, crossover one side move. If not break 1400 and close below our target 2000 + in short term.


RPL : Monthly trend decider 173. our lower level target 157, 143, 128 in coming days. Higher level 162 and 165 are major hurdle, down side support exit 155. If not break 147, do not play for short sell. Higher level resistance 173-177, thereafter trend the change.

TCS Monthly trend decider 913, Today support 810, higher level it will face resistance 876, 900.



AddThis Social Bookmark Button

Email this post


0 comments: to “ DATED : 23rd JULY 2008 ”