Friday, October 23, 2009
16612-16606 & 4952-4923 last crucial supports to watch out for. BSE index: (16790) Consider 16934 a nearest & 17032 a solid resistance up to which selling will be seen on higher levels, keep stop loss of 17051 to your sales. Downward side 16714 a nearest support break below which it'll fall down to 16613-16606 which is a last crucial support area to watch out for, keep stop loss of 16606 to your long positions. Nifty Future: (4997) 5038 a crucial resistance, keep stop loss of 5068 toy our sales. REL INFRA: SASKEN If U Remember.....We're Recommending You Since 60 Level.................. Now It's....157 .....Still Looks Hot !!! After a Long-Long Time..... It Has Given Positive Break-Out in Yesterday's Trade..........!!! Today's.....with BULL MARKET....It'll Be SASKEN DAY Again !!! But @ Opening Bell @ Any Cost........................ Buy @ 156.50 TO 157 Target Looks....167.50 TO 170+ SL : 148 .. JAYSHREE TEA Don't Be Surprise....Yes Jayshree Tea....Going to Hit the Roof in Today's Trade !!! Buy @ 319.50 TO 320 Today's Target......................335 - 340+ SL : 305 BOMBAY DYEING Going to Hit the Roof in Today's Trade !!! Buy @ 439 - 440 Today's Target......................453 - 460+ SL : 420 CAMBRIDGE Hot Like Anything ...... Traded @ BSE/NSE (532616) Buy @ 98.50 TO 99.50 Today's Target......................110.50 TO 114+ SL : 92
Have a cautious approach on higher levels.
Break below 16606 it'll turn total weak & fall down to 16530 & 16411.
Downward side it'll fall down to 4952-4923 initially which is a most crucial support area to watch out for, keep stop loss of 4923 to your long positions.
Break below 4923 it'll turn total weak & fall down to 4877 & 4818.
Upward side crossover above 5068 it'll turn positive & surge up to 5127.
(1250) 1234 a most crucial support & trend decider.
SBI:
(2326) 2349-2362 crucial resistance & 2385 a trend decider.
CAN Bank:
(373) 382 a solid resistance & 388 a trend decider up to which selling on higher levels will be seen.
HDFC Bank:
(1666) 1687 & 1704 solid resistance to watch out for. Break below 1643 fresh selling will be seen.
YES Bank:
(248) Break below 241 high unwinding will be seen. Upward side 258 a crucial resistance.
L&T:
(1609) Now break below 1585 huge selling will be seen. Upward side 1651 & 1676 solid resistances.
DLF:
(449) 439 a solid support if it remains intact then expect fresh buying.
HDIL:
(379) 387 & 398 solid resistance, selling on higher levels will be seen.
ICICI Bank:
(892) 913 & 925 solid resistances, selling on higher levels will be seen. Expect it to fall down to 864 & 830.
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