Havells India (spot)
After breakout it kissed 698 level and
made sharp retracement.
Currently trading at 655
Support at 650-655
May bounce off up to 668-675
Positional trader may enter between 650-655
with stop loss below 640 on closing basis.
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
ICICI BANK
Closed very closer to immediate term support at 1158.
If trades above 1166 and not breaking 1156
then bounce off up to 1178-1182.
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
12680-12725 short term hurdle.
Crossover above 12725 may revive strength and
march upward up to 12790-12820.
Major support at 12580-12600.
Decisive break below 12580 may take it up to 12461 in panic.
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
THOUGHT FOR TODAY
——————————
Hope
If at any time I begin to lose hope in myself, let me simply look inside my heart and see all the good actions I have ever performed, from the smallest to the grandest. When I see how much happiness I have given, I easily remember the purpose of my life.
Nifty Future
(Updated on 18-01-2013 at 08.00 AM)
As expected Nifty fut took support at 6000.
We have boldly written that NF has support at 6004-5994 region.
Market moved up to 6072 and closed at 6054.
6037-6026 is intraday support zone.
Hurdle @ 6068-6073.
Crossover may take it up to 6082-6096.
Crucial support at 6030.
Break below may drag it up to 6000.
Three consecutive daily + weekly closing above 6040 happens then
our first target will be at 6170-6206.
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
Bank Nifty Spot
Hurdle at 12754.
Sell on rise.
Minor support at 12580.
Break below 12580 with closing may
take it up to 12406-12226.
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
THOUGHT FOR TODAY —————————— The Value of Flexibility It is easy to fall into habits of ways of doing something. Sometimes these routines are helpful. But at other times they stop us seeing that there may be a better way of doing things. To achieve constant success we need to become flexible.
Nifty Future
(Updated on 17-01-2013 at 08.20 AM)
Yesterday mentioned below 6035 Nifty fut
would slide up to 6025.
Nifty fut made high at 6075.55 and low at 6011.1
and closed at 6019.25
Now for Today……..
Hurdle at 6035-6043.
If crosses over with sustained vol for 20 minutes then may
rally up to 6051-6056. Which seems difficult.
Support at 6004-5994.
If Breaks and stays below 5990 for 15-20 minutes
then Nifty may dip up to 5976.
Rising trend line support at 5970-5972.
If breaks below 5972 then panic up to 5954-5930 not ruled out.
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.