Monday, March 8, 2010
Crossover above 17117 & 5129 fresh buying will underway. BSE index: (16995) 17117 a crucial hurdle crossover above which it'll spurt up further to 17198, 17260 & 17310 initially. Crossover above 17310 it'll surge up to 17382 & 17437 which is a most crucial resistance to watch out for. A close above 17437 it'll turn total positive & flare up to 17700, 17823 & 17939. Downward side 16888 a nearest support break below which it'll fall down to 16768 & 16674, buy on declines keeping stop loss of 16596. Nifty Future: (5088) 5129 a nearest crucial hurdle crossover above which it'll spurt up further to 5172-5189 & 5211-5225 initially. Consider 5225 a crucial resistance where heavy profit booking will be seen, keep stop loss of 5234 to your any fresh shorts on higher levels. A close above 5234 it'll turn total positive & spurt up to 5350. NEYVELI LIGNITE: APOLLO TYRES: BAJAJ AUTO:
17438 & 5225 crucial resistances to watch out for on extreme higher levels.
Downward side 5065 a nearest & 5024 a crucial support. Break below 5024 it'll fall down to 5013 & 4982 in any intra day panic, buy on declines keeping stop loss of 4957.
(163.50) Just grab current futures at an opening bell considering 159 a solid support keeping stop loss of 155.
All set to shoot up to 183
&
202 in hours only.
(64) Keep stop loss of 60 & buy or remain long. Upward side targets are 70.50 & 77.
MARUTI:
(1457) Buy on declines. 1406 & 1372 crucial supports.
M&M:
(1075) Expect 1096 & 1120-1130.
(1902) Looks good for 1976. A close above 1976 decisive huge further up move will be seen.
HERO HONDA:
(1856) A close above 1883 huge huge rocket like up move will start.
MUNDRA PORT & GE SHIP:
Buy on declines.
MCDOWELL:
(1490) Buy or remain long considering.
CAN Bank, UBI & OBC:
Buy on declines.
ICICI Bank:
(902) Crossover above 914 fresh buying will be seen.
TISCO:
(618) 603 a crucial support if it remains intact then expect up surges to 636 which is a solid resistance & trend decider.
BHUSHAN STEEL:
(1743) Buy on declines. Expect 1786 & 1840. A close above 1840 further huge up move will be seen.
BRFL:
(209) Buy.
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