Wednesday, September 17, 2008
Put Call Ratio - RSI
Indicate Market are over sold
Corrective Rally Continue.....
Nifty Major Resistance 4180-4200
BSE Close eye 13000 to 13100
(yesterday unable to break and started upward journey)
Trade below further weakness
BSE below 14000
NIFTY : Today support 4028, 4000, higher level it will face resistance 4100, crossover target 4137, sustained above heading towards 4180-4200 range which is a major resistance. |
BSE : Lower level strong support 13000-13050, today crossover 13556, immediate target 13700-13800. |
BANK NIFTY : Above 5650 target 7727 in coming days. Down side strong support 6150. (Yesterday low was 5754 and touch high 6011) |
RCOM : Monthly trend decider 420. Below 380 sell only. Hold 350 target 380 or above. |
REL CAPITAL : Strong reversal from the lower level. Today support 1075, hold, it will touch 1200 mark in near term. |
POWER : Monthly trend decider 162 Hold 150 target 165, thereafter more up side in near term. |
UNITECH :Monthly trend decider 165. Buy for target 150 or above |
BANK OF INDIA On decline to best buy.Monthly trend decider 295. Buy for 312 immediately. |
GMR INFRA ; Monthly trend decider 10 Keep a stop loss 90 and buy for target 95-97, thereafter. |
RPL : .Time being consider 140 are a strong support, hold target 153-155 in short term. |
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