Buy jsw steel stop loss below 640
Target = 654-658-665
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
Unlock This ArticleYesterday we enjoyed long position in
Nifty Future and quick intraday gain in Aditya Birla Nuvo
Axis Bank and Hind Petro.
Long in Tata Steel from 417 and saw
the surge upto 432.
Don’t get trapped in panic. Use it as entry in
up trending stocks instead.
Reliance Ind.
710-712 are good intraday support zone.
721-726 area is intraday hurdle.
Reliance Capital
326-328 are buying zone.
349-350 are strong resistance
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
BANKNIFTY SPOT TIPS
(Updated on 22-06-2012 Time 08.45 AM)
As indicated yesterday it would touch 9691.
It formed low at 9769. Thereafter it shown
wild move up to 10046.
Short term support at 9931-9894.
If trades below which with volumes then see fall up to 9821-9791.
10066-10099 are hurdle zone.
Crossing over with sustained volumes will put in to
orbit of 10172-10205
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
Nifty Futures Calls
(Updated on 22-06-2012 Time 08.30 AM)
Yesterday we had written that market would take support
near 5095-5089 levels and crossing over 5136 would take it to 5169.
Just watch the yesterday’s Nifty fut high is at 5178 and Nifty spot high at 5170.
I have time and again indicated that markets are surging
on a strong path full of resistance and hurdles and avoid
any fresh long at higher levels.
However, its strength elevates markets from intraday fall.
Now for today…
Below 5146 would drive it to 5117-5106.
if trades below these levels then expect 5065-5089.
Sustained trading with volumes may take to even lower
downside at 5061-5049.
5183-5203 are strong hurdles.
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
(Updated on 21-06-2012 Time 08.45 AM
Short term resistance at 9860-9874.
If trades above 9887 then expect it to move up to
9917-9943 levels.
But short term trend is bearish and likely to remain
under pressure.
9735-9691 are support levels.
Below 9860 will try to range between 9800-9740
Below 9735 with volumes trades then expect
fall up to 9691-9667.
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
Nifty Futures Tips
(Updated on 21-06-2012 Time 08.30 AM)
As written market is moving up gradually
in quite strong hurdle zone.
Yesterday we indicated above 5120-5124 it would
touch 5136 and it formed high at 5143.90.
Now today…
5107-5100 are intraday support zone.
Trading above 5136 with volumes may drag
NF to higher levels at 5151-5169 area.
If It shows more strength than likely to touch 5188.
Trading below 5095-5089 with volumes for 10-15 minutes
will create sell off and expect to see 5079-5058-5039.
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.