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Reliance Ind at 866
Yesterday recommended at 840 as positional pick.
Now formed high at 868.
Book Partial Profit Or Trail sl = 863.
If sustains with Weekly+daily closing above 871 then
Target = 884-897
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Satyam computers
Support at 115-117
No worry above 115 for short term move.
If closes above 117 on weekly base expect rally up to 128.
Havells India
Above 675 Bulls dominate the trend.
Buyers zone at 680-685
Above 696 Target is 706-709.
Setup is not valid below 675
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THOUGHT FOR TODAY —————————— Mind and Heart A mind filled with peace creates a heart filled with contentment.
Nifty Future
(Updated on 16-01-2013 at 07.40 AM)
Yesterday written that crossover above 6069 NIfty fut might
move up to 6097 and would take support at 6038.
Nifty future made high at 6096 and took support at 6036.55.
6067-6055 Intraday support zone.
Break below 6055 may slide up to 6035.
Crossover above 6097 with sustained above theen
expect fireworks up to 6118-6126.
Crucial support at 6025-6040 for short term trend.
once daily+weekly closing above 6040 happens
our first target will be at 6170-6206.
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ShriRam Transport fin.
Recommended earlier at 710 and witnessed
sharp run up to 780.
Now again looks quite strong.
Watch yesterday’s high penetration at 796.
If trades above for 20 minutes then may rally up to 832.
Support at 764-772.
Yes Bank
Support at 497-503
Buyers zone at 500-505
Crossover 509 may blast up to 517.
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THOUGHT FOR TODAY
——————————
Spiritual Antidote
I may be facing situations with a limited view of myself, i.e., as the sum total of the roles I play in life. This causes insecurity. The spiritual antidote is to develop the awareness of the eternal, invulnerable identity of the true self – the soul. When I forget this, I invite sorrow into my life.
Nifty Future
(Updated on 15-01-2013 at 07.40 AM)
On Friday we mentioned that correction
might Nifty future up to 5965.
Nifty future dipped to 5969 and
took U turn and closed at 6024 on Monday.
Support @ 6038-6026.
Hurdle @ 6058-6065.
Crossover above 6069 may rally up to 6082-6097.
6000-6010 Crucial support.
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Bank Nifty
Yesterday we have boldly written that Bank nifty spot may
rally up to 12822 above 12742.
It kissed 12822 and closed at, 12802.25.
Intraday support @ 12740-12770
Break below 12740 except slide up to 12680.
If trades above 12831-12845 may rally up to 12897.
Arvind
Below 104.35 bearish for short term.
Support at 102.5-103
Break below 101.80 may take up to 99.65-98
Gitanjali Gems
Bearish below 574
Hurdle at 567-574
Sell on rise below 570
Break below 558 may drag up to 546-534
Exit if trades above 578
Sesa Goa
Bears dominate trend below 195-197.5
Sell on rise
Break below 191 expect slide up to 186
Bajaj Holding
Bearish below 1014-1000.
Sell to rise or break below 974.
Below 974 our target is 956
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