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Sri ram Transport Fin Co.
Nse Symbol : SRTRANSFIN
Yesterday we bought at 710-412 For target = 720-724
First Target already done.
Crossover with sustained volumes above 721
Expect 725-728-732
Three Consecutive Closing above 724 Expect blast up to 748-764.
Exit if Closes below 700
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THOUGHT FOR TODAY
——————————
An angel is a guest for he cleans up behind him. Where there has been misunderstanding he returns to clarify; where there has been hatred he offers love. He is never without gifts and always without burden.
Nifty Future
(Updated on 14-12-2012 at 07.40 AM)
In last post we have written that weakness has set in
and not able to move up above 5950-5957 and
break below 5915 would trigger selloff.
Just see it went up to 5939 and fell vertically up to 5865.
Mow for Today……….
5892-5909 is hurdle zone.
Less likely to sustain above this levels with volumes.
Break below 5859 expect slide up to 5839-5831.
If sustains below 5816 with volumes then more panic
up to 5802-5794 may not be ruled out.
Crossover above 5915 expect upside up to 5928-5934.
But short term Trend is slight negative and corrective phase.
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Nifty Future
(Updated on 13-12-2012 at 07.40 AM)
Yesterday written above 5940 NF would touch 5960
and 5915 is crucial support point.
Nifty fut made high at 5963 and low at 5915.65.
Now for Today…………………
Crossover above 5940 will take NF 5951-5957.
5957-5963 is hurdle zone.
Trading above 5963 with volume expect 5975-5986.
Facing great resistance at this zone
as slight weakness has set in.
5915-5909 intraday minor support.
Break below 5904 Correction may extend up to 5891-5880.
Mentioned earlier that closing below 5876 may drag Nifty
fut up to 5805-5785.
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India Glycol Ltd
182-184 Buyers zone
174-179 strong support.
188-191 hurdle.
Closing above 191 see blast up to 205-509.
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THOUGHT FOR TODAY —————————— Real Renunciation On the path mapped out by the true spiritual philosophers and pioneers, there is great emphasis placed on the idea and need for renunciation. It is seen as the way to enlightenment, and freedom from the attachments which we misuse as sources of limited happiness and contentment. Renunciation does not mean giving everything away, shaving our heads, saying farewell to family and friends and finding a Himalayan mountain top. It means seeing our attachments and dependencies, our weaknesses and our evasions, and consciously giving them up. There is no sense of loss. The material necessities still come to us, paradoxically more will come. And when we renounce our own weaknesses and dependencies there is always a strength and new freedom to be found hiding underneath. Renunciation is a pathway to a simpler life and a highway to spiritual freedom – one of spirit’s deepest yearnings in ‘the age of accumulation’.
Nifty Future
(Updated on 12-12-2012 at 07.20 AM)
Yesterday written crossover above 5961 Nifty fut might
move above 5989.
Nifty fut made high at 6002.85.
Also mentioned if breaks below 5922 expect 5892.
Nifty fut made low at 5897.55.
Now for Today………..
Above 5940 Expect 5952-5960.
5960-5698 is hurdle zone for intraday.
Crossover above 5968 except blast up to 5980-5993-6008.
Break below 5915 will trigger selloff up to 5903-5892-5884.
If not able to take out recent high at 6003 and remain
below 5980 and closes below 5876 then expect to fall up to 5802-5775.
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