Monday, August 25, 2008
Strong Opening......
Hold 4250 Nifty target 4400-4500
Nifty Major Support
39 DMA - 4249
50 DMA - 4281
CLOSE ABOVE 4600 - new bull run only.
____________________
Last and Final Hurdle
Of Nifty 4550 - BSE 15130
Thereafter first target of
Nifty 4750 - BSE 15700-15800
Then...if positive bias in the market like, crude soften, Reforms process by Govt.
BLACK GOLD
CRUDE OIL US $
Major Hurdle US $ 120-122
Last and final support exit US $ 110, thereafter severe fall on the card.
NIFTY : Major support of August 2008 4220. Keep a stop loss 4159 and hold long position. Keep a stop loss 4160 and play for long target 4908, 5193. Close above 4650 target 4800 +. Today support 4304, crossover 4337, immediate target 4400 or above | ||||
| | ||||
BSE : Major support 14000. Keep a stop loss 13727 and play for long target 16343, 17337. As remain 14100 no problem and buy. Today crossover 14430 looks fantastic up move expected. | ||||
| | ||||
BANK NIFTY : Hold 5610 bull will charge continue. Panic catch and sell on rally. | ||||
| | ||||
CNX IT : Down side major support 3807. Heading towards 4140 +. |
RCOM Major resistance 541. Trend change only above 474 if close with volume. Monthly trend decider 474 Keep a stop loss 390 and buy, above 423, non stop target 463. Over sold counter, take advantage. |
TISCO : Monthly trend decider 661. Major support range 550-600 and we prefer to buy. Keep a stop loss 575 and play for long . fantastic up move on the card in coming days. |
|
BALRAMPUR CHINI : Monthly trend decider 80 Consider support 87 and buy above 97 target 99-100 and close above more up side. |
ICICI BANK : Over sold counter, strong recovery on the card, buy and sell on rally, take advantage. |
|
NIIT TECH : Buy for delivery target 150 mark in coming days. |
MARUTI : Keep a stop loss 600 and buy for target 665, thereafter more up side. TELCO : Keep a stop loss 410 and buy , above 431 more up side. |
INFOSYS : Monthly trend decider 1648.Major resistance zone 1737-1750. |
0 comments: to “ ”
Post a Comment