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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