Tata Steel Tips
Buy at 416-417
stoploss below 412
Target=424-429
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Nifty Future 19th June 2012
THOUGHT FOR TODAY
Resource Full
We each have the three energies we need to learn to manage – spirit, mind and body. All three need a good diet – body needs pure food (vegetarian), your mind needs positive ideas and images, and the spirit that you are needs time in silence and stillness to refresh and renew. These are our resources, and each one needs topping up, otherwise we run on empty and dis – ease comes to visit. But diet is just the beginning. Coming soon… exercise!.
Nifty Futures Tips
(Updated on 19-06-2012 Time 08.40 AM)
We have reiterated repeatedly and written that markets were in
strong hurdle zone. Moving up in sustained manner would not be
possible in this path of great resistance.
We also advised to remain light with comfortable long position
and went short Nifty Future at higher levels and enjoyed free fall.
Now for Today…
Hurdles are at 5081 if trades above with good volumes and sustain
then will gain strength and try to move up to 5120-5138.
5045-5029 are intraday support and below which it may extend the
fall up to 5007-4990.
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Free NSE Infosys Stock Tips
If trades above 2529 for 15 minutes
with volumes it may zoom
to 2537-2545
2502-2488 are good support.
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Coal India (Updated on 18-06-2012 Time 08.10 AM)
NSE Coal India Intraday Calls
Above 330 bulls will be on driving seat.
and likely to see 345-349.
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Free NSE Nifty Futures Tips & Report
Nifty Futures
(Updated on 18-06-2012 Time 08.00 AM)
Market is showing strength and trading in resistance area.
As indicated earlier it has entered area of strong resistance
and multiple barriers i.e 5129-5159-5159 at higher levels.
5108-5090 are good intraday support.
If trades above 5159 with volumes
then expect 5177-5199-5216.
5238-5269 may not be ruled out on the
back of positive news flows.
If brakes 5080 with volumes for 10-15 minutes
it may drive lower to 5039-5020.
Chances of market sustaining above 5200
levels and holding it for
considerable time are remote.
Hence it is not advisable for traders
to create fresh long and hold long
position in this zone of multiple layers of hurdles.
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NSE Nifty Futures Trading Calls
Nifty Futures Calls
(Updated on 15-06-2012 Time 08.30 AM)
We indicated several times for last 3 sessions that markets are in
strong resistance area.
Crossover this zone to continue bullish trend is quite difficult
and path of multiple barriers.
Bearing this in mind we advised to remain with comfortable long
position and to trade short identifying opportunities.
We took this opportunity to go short and trades accordingly yesterday.
Now for today…
5079 is intraday hurdle and crossing over with volume may drive it
to 5095-5117-5135.
If trades below 5040 with volumes may take it to 5022-5006 zone which
may act as intraday support and intraday reversal.
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