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NIFTY FUTURE is trading 5275 and HDIL Cash NSE trading 67.5. Market will move in single direction very soon. Nifty Future will take support intraday 5248-5259.
Note: FII is started buying in deep & deep
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INFOSYS
Likely to take support at 2355-2349.
Exit below 2344. Break below 2344 will take it to 2333-2324.
Crossover above 2369-2374 may drive up to 2382 which is
hurdle zone.
Power Grid
Buy at 121-121.50 with
stoploss 120.5 for intraday
Target = 123-124.50
See the power of our projections we made in our Post here
We recommended Bharti Airtel at 244 and rose up to 249
Also advised to sell Axis bank below 990
Axis Bank moved lower up to 974.
Yesterday have you bought OFSS at 3010
which blasted up to 3061.
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Nifty Future
(Updated on 04-09-2012 at 08:30 AM)
We clearly indicated yesterday that 5328 is strong resistance for
the short term trend and also mentioned support at 5269.
NF moved up to 5325 and formed low at 5272.
Now for Today…
crossover 5295 will take Nifty fut to 5310-5318.
5328-5336 zone is hurdle zone. NF has to take out this and
trade above with sustained vol with 15-20 minutes
to reverse the bearish trend.
Break below 5270 may drive it to 5263-5256.
IF trades below 5251 with sustained volumes then
expect panic selling up to 5238-5228-5210.
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HDIL
just click here
HDIL is trading 67. Sold this Stock @85 on Aug 15th, 2012. Now go for long with this Stock…
You can buy between 64.55-66 if close above 70… then targets 73 and 76-78 very soon
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IDFC
Bearish below 138
Sell on rise below 138
Expect 130-128
Axis Bank
Sell on rise below 1025
Break below 990 will open lower levels up to 970.
If closes below 970 then sharp fall up to 948
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Nifty Future
(Updated on 03-09-2012 at 08:00 AM)
We again reiterate that Nifty fut has support at 5251-5266.
NF took formed low at 5268.95 and bounced off and closed 5292
Crossover 5306 may drive it up to 5328-5336 which is hurdle zone.
If sustains above 5336 for 15-20 minutes then expect 5350.
5284-5277-5269 zone is intraday support zone.
Breakout below 5265 may cause panic selling and
drift lower at 5250-5215
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