(Symbol Nse: JISLJALEQS)
BUYERS CAN SEE 84-84.60
SUPPOSE TO CLOSE ABOVE 85 TODAY…THEN READY FOR TARGETS 89 AND 92-94 (3-5TRADING DAYS)
DON’T HOLD YOUR BUY POSITION IF CLOSE BELOW 85 TODAY…
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Updated 30.04.12 Time 09.05 am
As we mentioned earlier, we are long from 5158
It went to 5240 in a special Saturday session
even when very little participation from institution
Market likely to open around 5235. Now Watch the next level 5270 if trades above.
5238 for 15-20 minutes.
5193 and 5202 is intraday support zone
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RELIANCE INDUSTRIES CALLS
(Updated 28-4-2012 Time: 11:00 am)
Short Term Buyer Expected 739-736
Just watch 748
If crossover it… and close above it…then hold
your long position for targets
756-764
In case if break…732…then Throw all your long position…
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As we mentioned earlier 5142-5159 is quite strong area which largely attract buyers and nifty just touched it (Yesterday low is 5168)
We have already bought Nifty Future 5160 around 3 days back… Yesterday almost 1st target done…but you might have position for next targets…
What for Today?
Above 5217 will drive it to 5236 and if sustains for 10-15 minutes then likely to run upto 5276.
Positional: “Suppose to close 5270 above…then 5322-5348
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Still long? from 5158 level. 5238 and 5268 are hurdle.
Maintain exit at 5170
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Yesterday we told to go long at 5158 for target of 5238 and 5268
Just hold your long position till close below 5170
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