WEDNESDAY 22.07.2009  

Wednesday, July 22, 2009

BSE index: (15062) Keep stop loss of 14955 to your buys. Upward side it'll face resistances at 15235-15280. Crossover above 15280 it'll spurt up to 15413 which is a crucial hurdle. Crossover above 15413 it'll sustain on higher levels & shoot up to 15513.
Downward side break below 14955 it'll fall down to 14863 & 14780, consider 14780 a most crucial support where again buying support will be seen.

Nifty Future: (4470) Keep stop loss of 4438 to your buys. Upward side it'll face resistances at 4508 & 4530. Crossover above 4530 it'll sustain on higher levels & spurt up to 4552, 4578 & 4621.
Downward side break below 4438 it'll fall down to 4404 & 4387, consider 4387 a solid support.
Break below 4387 sudden panic down to 4368 & 4325 not ruled out.

PUNJ LLOYD:
(231) Buy or remain long considering 223 a solid support keeping stop loss of 218.

All set to shoot up to 242 & 252.

EVEREST KANTO:
(184) Just grab considering 180 a solid support keeping stop loss of 175 for a target up to 204-209.

ORCHID:

(89) Just grab keeping stop loss of 85 for a target up to 109.

TISCO:

(412) Expect 416 & there after to 426.

SAIL:

(172) Keep stop loss of 165 & buy or remain long. Huge up move on the card.

UNITECH:

(81.50) 84.25 a crucial hurdle & trend decider.

ICICI Bank & KOTAK Bank:

Selling on higher levels will be seen.

VOLTAS:

(140) Crossover above 146 huge up move will be seen.

MARUTI:

(1240) Now crossover above 1255 expect 1335.

TULIP TELE:

(906) Crossover above 937 huge up move will be seen.

LITL & IVRCL:

330 & 364 solid supports.

BEL:

(1509) 1491 & 1467 solid supports. Crossover above 1540 huge up move will be seen.

OFSS:

(1313) 1295 a solid support & 1271 a trend decider. Crossover above 1350 rocket like up move will be seen.

ITC:

(220) Keep stop loss of 215 & remain long. Crossover above 228.50 fresh buying will underway.

OIL COUNTRY TUB:
(66) Buy short term delivery keeping stop loss of 45.

All set to flare up to 129 in short to medium term.

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