Monday, April 26, 2010
RELIANCE - Strong move from the support level 1050 and almost test 1100… Any decline to buy side.. As remain intact 1048 , it will test 1130-1150, thereafter it will show real move and buy side. Lower then expected result…. Close watch early trade of trend then decide your trading strategy. ONGCHigher level resistance 1030-1045, as hold 1000 time being bull move. Decline to buy side…. TATA POWER - Above 1350 looks positive and buy side for target are 1380-1400 mark easily in short term. JP ASSOCIATES Broken resistance level. Above 155 target 166 are intact. SBI: - Keep a stop loss 211 and play for long target 2600 + very bullish….with three months it will cross 3000 mark easy. Any decline to buy side. MARKET RUMOURS :- BONUS + MERGER OF ALL ASSOCIATE BANKS . IDBI : Keep a stop loss 116 and play for long side target 131-137.
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