Wednesday, November 5, 2008
Significant resistance Zone Nifty 3250-3300 BSE - 10750-11000 Higher level advised to book profit Bank's + Reality Up move continue NIFTY FUTURE Massive resistance zone 3200-3300 If continue close above think positive, Otherwise big correction ,Nifty Will test 2700-2500 or new low in coming days. NIFTY : Weekly trend decider 2693, resistance 3134, 3361, support 2467. Today support 3100, 3055, higher level crossover 3152, target 3200, thereafter more up side and it can move up to 3251. BSE : Weekly trend decider 9120, resistance 10539, 11292, support 8366, 6945. Today support 10471, crossover 10670 target 10827, 11000 mark CNX IT : Hold 2500 bull will charge continue and target 2950. Avoid bottom finishing. BANK NIFTY : SUZLON ENERGY: NTPC : RELIANCE POWER : Looks good and below 120 any where intra day buying opportunity target 138. IBREAL : Higher level major resistance 145 and any positive only above that level. Above 145 target 150, thereafter more up side. Sobha developers : Crossover 123, sharp movement and buy this stock. RENUKA : Weekly trend decider 48, resistance 55, 58, support 44, 37. Keep a stop loss 60, 55 on closing basis and buy this stock. BANK OF BARODA:.Weekly trend decider 236 resistance 258, 278, support 215, 194. Today support 274, Higher level major resistance 295-300 which is a supply side. NOIDA TOLL BRIDGE : bove 21 target 23, thereafter it can move up to 28 or above. PRAJ IND. Keep a stop loss 75 and buy for target 100, 111 mark in coming days.
Keep a stop loss 5100 for long position .
Highly oversold counter, advised to take delivery.....and hold Weekly trend decider 47, resistance 53 62, support 38, 31 buy and hold . above 52 target 66 mark. Heavy open interest position built up in this counter.
Weekly trend decider 133 resistance 152, 163, support 122, 102 Corrective rally maximum up side 165-170 range and play for short sell in open quantity.
0 comments: to “ ”
Post a Comment