Just see how Petronet, Gail , Divis Lab etc
traded as yesterday as mentioned in our yesterday post
Bank Nifty spot
Below 11411 see bloodbath up to 11336-11311.
Hurdle at 11562.
Axis Bank
Sell on rise or break below 1333
See non stop slide up to 1305.
Torrent Power
Sell Torrent power at 162
Stoploss above 164
Target = 159-158
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
Nifty Future
(Updated on 28-02-2012 at 07.40 AM)
Just see the accuracy of our levels mentioned
yesterday even during the highly volatile session.
Yesterday written that market would travel up to 5850
above 5814. Nifty fut Feb Series made high at 5843.
We also written that If NIfty fut breaks below 5788 once
and not crossing 5825 then this may trigger panic selloff
and what happend after that you might have observed yesterday.
Now for today…
Break below 5710 see slide up to 5691-5670.
Support at 5667 for intraday.
If not breaking 5691 and trade above 5710 then
may rally up t 5748-5752.
Hurdle at 5755-5767 for intraday.
Two daily + weely closing below 5675 for Nifty spot if
happens then see bloodbath up to 5590-5517.
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
Petronet LNG
Bearish below 147.
Sell on Rise below 147.
Target = 141-139.
Exit short above 148
Divis Lab
Bears will dominate below 1040.
Once break 1015 with vol
nonstop slide up to 1005-996.
Gail
Hurdle at 338-340
Sell on rise below 338-342
Exit short above 348
Our Target below 331 is 326-323-315.
Bata India
Consolidating between channel.
Sell on rise near 785-795.
Exit short above 810
Below 765 Our target is 755-744.
Bank Of Baroda
Yesterday Recommended to buy at bottom
near 722-724 and booked profit for
intraday at 733-736.
If rises up to 755-765 Then traders may
find opportunity to short with stoploss above 775
on closding basis.
Sun Pharma
Sell below 788.
Slide up to 775 on card.
Zee Ent
Grab above 223.50
See Blast up to 231-234.
Exit below 218.
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
Nifty Future
(Updated on 28-02-2012 at 07.40 AM)
Just see our post dated 23.02.2013.
We have clearly written that if Nifty spot breaks below 5820 then next
support is 5750 where market would bounce off.
Yesterday also mentioned that Nifty fut has support at 5747
and see Nifty fut dipped to 5748.10 and took U-turn
and closed at 5797.90.
Now for Today.
Eventful day.
Union Budget for FY 2013-2014.
F&O Expiry of February’13 Series.
Minor Hurdle at 5814-5825.
Crossover above 5825 see blast up to 5850.
Hurdle at 5850-5866.
If Trades above these region then
may rally up to 5900-5960.
Once break 5788 and not crossing above 5825
then free fall up to 5770-5755 not ruled out.
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
NTPC
Strong hurdle at 152
Sell on rise.
Target = 148-146
Exit short above 153.
Tata Chem
Support at 329-330.
Buy in dips around 331-332
Our Target above 336 is 342.
IDFC
Watch 151 level.
Once break below it and sustains for 15-20
minutes then slide up to 146.
Tata Motors
Support at 282-286.
Watch level of 280-282
Break below see panic up to 270-272.
LIC Housing fin.
Support at 236-238
Once break 236 and stay below for 15 minutes
then selloff up to 229-228.
Ranbaxy
Support at 412-413.
If holds support then may rally up to 422-425
If breaks support than expect slide up to 400-397.
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
THOUGHT FOR TODAY —————————— The Power of Truth The power of Truth is such that you need never be concerned about proving it. You need only be concerned with being it and living it. Truth is always revealed, at the right moment, at the right place. It is for this reason that the simplest, most powerful expression of truth is humility. Real humility results in so much power of truth and inner silence that you don’t need to say anything at all in words. The power of humility allows you to see the benefit in everything, even in the insults of others.
Nifty Future
(Updated on 27-02-2012 at 08.00 AM)
In our last post we mentioned that Nifty spot.
had support at 5825. Once it breaks it.
would move down vertically up to 5750.
Just see it dipped to 5755 and closed at 5767.
Now for Today…
Support at 5747-5735 for Intraday.
Crossover above, 5777 with sustained.
vol expect rally up to 5789.
Hurdle at 5792-5798.
Breakout above 5809 with vol
blast up to 5830 not ruled out.
But possibility is very less.
Break below 5725 expect lower levels up to 5711-5702.
Panic selloff below 5700 may take Nifty fut up to 5642.
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.