Mr.Guru (s)

Mr.Guru(s) is a team of stock market certified technical and research analysts with over 20 years of experience. They are regular guests on popular online channels and contribute articles to several financial publications. Their insights and advice are respected by investors worldwide. With their collective knowledge and expertise, they have a proven track record of successfully predicting market movements and identifying profitable opportunities.

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Nifty Future

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Nifty Future

(Updated on 26-07-12 Time 08.20 AM)

Nifty fut tumbled to 5078 after breaking 5107-5097 zone.

We indicated 5181 might support and market bounced off

that level.

We traded long from 5085 and booked handsome intraday

gain.

Now for today…

Crossover 5126-5132 zone with sustained volumes

may improve the sentiment for short term trend and

likely to move up to 5152-5172.

5182-5190 is strong hurdle zone.

Breaking below 51002-5097 may drive it to 5089-5081

In further weakness Market may see 5064-5052.

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Share Tips Updated on 25-07-2012 at 09.00 am

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ICICI BANK

Break below 908 will trigger more

downside upto 902-894

Sell on rise below 922

Exit short above 929

Cipla

Support at 320-318

Expect 328-330 level if trades above 323.

Yesterday we traded short side with Overnight short

Position in

BOB,ICICI Bank, Axis Bank , LT, Bank Nifty

and took huge intraday gain.

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Banknifty Spot

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Banknifty Spot

(Updated on 25-07-2012 at 08.20 am)

See again the projected levels

for Resistance and support for intraday.

We indicated resistance at 10348 and support at 10239.

Now see the yesterday’s high at 10349 and low at 10237.

Now for today…

Below 10272 slide upto 10256-10242.

Further downside with sustained volume below 10228

And expect 10186.

10350-10420 strong resistance for short term trend.

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Nifty Future

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Nifty Future

(Updated on 25-07-12 at 07.50 am)

Yesterday we indicated here that above 5132 NF would touch

5156 at higher level and in downside it would take support at 5107.

 Now see the yesterday’s high which is 5153 and low is 5107

Now What…

The short term trend without doubt is bearish and as long as it is not

able to close above 5187 it will remain bearish.

Break below 5118 with sustained volumes and

level for 10-15 minutes will extend more downside upto 5107-5097.

5148-5153 is hurdle zone.

After taking out this level and if sustains then expect 5168-5181

5081-5064 in panic selloff may not be ruled out.

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Banknifty Spot

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Banknifty Spot

(Updated on 24-07-2012 at 08.40 am)

Sell below 10410-10470 on rise.

Trading above 10310 will elevate more

up to 10348-10366-10387

Breakout below 10239 will deteriorate sentiment

further and See 10217-10200

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