Wednesday, December 31, 2008

Wish you all a very pleasant new year evening & rising bright & sunny 2009.

BSE index: (9716) Crossover above 9785 it'll surge up further to 9911 & 9965-9987 & 10025. Book profit on higher levels & go short keeping stop loss of 10100.
Downward side 9640 a nearest & 9565 a crucial support, keep stop loss of 9565 to your buys.
Break below 9565 it'll turn bit weak & fall down to 9494-9473 initially. Break below 9473 sudden panic not ruled out to 9315.

Nifty Future: (2987) Crossover above 3012 it'll surge up further to 3025-3036 & 3076. Book profit on higher levels & go short keeping stop loss of 3084.
Downward side 2957-2945 nearest & 2914 a crucial support, keep stop loss of 2903 to your buys.
Break below 2903 sudden panic down to 2856 & 2835 not ruled out.

MERCATOR LINES: (32.65) Just buy current futures keeping stop loss of 31.

All set to shoot up to
42 initially. Crossover above 42 expect 49 in hours only.

BONGAIGAON REFN:
(42.50) Just buy current futures keeping stop loss of 40.50.

All set to shoot up to
51 initially. Crossover above 51 expect 57 in hours only.


RNRL:
(57) Buy. Crossover above 59 rocket like up move will be seen.

KFA:
(41.75) Looks good only. Now crossover above 42.75 expect 46 & 51.

IND Bank:
(132) Looks good only. Expect 141 & there after to 151 & 165.

JET AIR:
(200) Expect further up surges to 214 & there after to 224.

L&T:
(770) Buy.

REL CAP & REL INFRA:
578 & 617 crucial resistances from where profit booking will be seen.

ICICI Bank:
(458) 475 a crucial resistance from where profit booking not ruled out.

RPL:
(88) Crossover above 90 expect 93 which is a crucial resistance & trend decider.

RCOM:
(228) Up surges to 242 will be seen.

RANBAXY:
(242) Looks good only. Up surges to 270 will be seen.

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