GIPCL, WIPRO & JSW Steel Share Tips

GIPCL

Staged a strong breakout above 73-74.75 region.

If crosses over yesterday’s high at 76.30 with vol

then expect rally up to 78-79.60

Support at 73.

Wipro

Continues forming higher tops and bottoms.

Buyers zone at 402-405

No worry for bulls above 397.

May blast up to 314-317.

JSW Steel

Breakout with volumes seen

Buyers region 845-852

Above 831 Trend is long.

Target = 876-882

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Nifty FUT Trade Setup For 8 January 2013

nifty-futures

THOUGHT FOR TODAY 
——————————
Getting On With It
Worrying about how everything will get done or whether I am capable of doing it limits my ability to respond to challenges considerably. The less I think about doing something and the faster I just get on with it, the fewer problems I cause myself. Good planning is always helpful, but time spent fretting and procrastinating is a major drain on my energy. The more willing I am to respond positively to opportunities, the more my capacity will grow.

Nifty Future

(Updated on 08-01-2013 at 07.40 AM)

Yesterday written that Nifty future has strong hurdle

at 6056-6072 Region for short term trend.

Nifty future made a high at, 6059 and fell back.

Now Actions for Today…………..

6013-5995 support region.

6035 intraday hurdle.

If holds this support and not breaking with crossover

above 6035 may rally up to 6051-6058.

Again 6059-6072 hurdle.

If Breaks below 5991 and stays 15-20 minutes below then correction

may extend up to 5970-5940.

This is not a trend reversal but will be healthy correction

and may last one to three days.

The major trend likely to remain intact.

once daily+weekly closing above 6040 happens

our first target will be at 6170-6206.

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SAIL Hit our Target = 101

SAIL

Stock was recommended on 02.01.13 at 93.50

For target of 96-101.

Trades may book profit or Trail SL at 98.50

Winfall gain of more than 8% in just four session.

Thats how our subscribers minting money everyday.

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Reliance Industries Trading Call

Reliance-Industries Ltd

Reliance Industries

Finally, Stock has achieved its Positional Target at 871 today

and made sharp retracement.

CMP while updating this is at 856.

Recommended at 840 and added even at 844-848.

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ICICI Bank, Reliance Capital & PFC Share Tips

icici bank

ICICI Bank

Earlier Recommended at 1125 and target hit at 1148-1154.

Again recommended at 1154 Next day It hit target at 1174.

Now again strongly recommend if closes above 1195

then non-stop rally up to 1236-1278.

Short term support at 1254-1258.

Reliance Capital

Strong support at 488-492

If Daily + weekly closing above 514

Expect blast up to 538-552.

Exit if closes below 488

PFC

PFC

Recommended first at 199 then consolidated around

formed upward breakout above 204 and again

recommended again at 205-207 for target of 214 which

it’s done, but still holding.

Closing above 214 expect strong move up to 222-224.

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Nifty Future for 7 January 2013

nifty-futures

THOUGHT FOR TODAY 
——————————
Over-thinking
The biggest disease of the mind is over-thinking, especially too much thinking about others. Thinking too much is like eating too much. The heaviness makes it impossible to remain light and flexible.

Nifty Future

(Updated on 07-01-2013 at 07.40 AM)

On Friday written Nifty fut would take

support at 6008.

Nifty future made low at 6012.50 and took u turn.

6056-6072 hurdle zone.

Once crosses over with vol rally up to 6112-6142.

Support at 6038-6027.

5980-6000 Crucial support.

We have repeatedly told that Nifty spot

would move up to 6030-6035 above 5922-5932 zone.

Now Nifty spot has made high at 6020.75.

Weekly closing + three daily closing above 6035 Expect

rally up to 6170-6206

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