DATED : 29th JULY 2008
Tuesday, July 29, 2008
Hold
Nifty 4250
BSE - 14100 -
Big up move in the Market.
Break - severe weakness.
NIFTY : corrective rally will face resistance 4723 Down side 4300, 4280 are a good support , higher level it will face resistance 4352 and sustained above immediate target 4400 or above. Break and close below 4250 panic expected. |
BSE Down side strong support 14200, 14100, break and close below real panic will start, higher level it will face resistance 14450-14500. |
BANK NIFTY : Ready for bullish break out , (see from 5500 to 6369) 869 points move without break.....our all clients buy and sold. |
CNX IT : (Monthly) Higher level 4250 are a strong resistance, down side support 3726, 3454 or below. Higher level 3800-3820 are strong resistance, as remain below bear favour. |
RELIANCE : Today support 2158, 2126,higher level it will face resistance 2228 . Major resistance 2338. |
REL CAPITAL : On lower level watch the support 1292 whether hold or not...if break only weakness otherwise up move continue |
TATA POWER : Massive resistance 1150. On down side major support 1000, as remain positive movement continue in this counter. |
DLF LTD : Down side strong support 470-475, higher level it will face resistance 510, 525. |
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TRIVENI SUGAR : Looks good, hold 91 short term target 96, thereafter 100. BALRAMPUR CHINI :Today support 80, cross and sustained above 84, non stop target 90. Catch it....... RENUKA SUGAR : Keep a stop loss 120 and buy, short term target 141, thereafter more up side. |
INFOSYS :Below 1500 play short sell only. Today resistance 1553, 1575,down side support exit 1500, break below real panic will start. |
TCS : Monthly trend decider 913 .Down side 780-790 are a good support, break and trade below only weakness, otherwise .... |
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