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Long in Nifty Futures, Reliance Infra,
Jsw Steel, Aditya Birla Nuvo, ,Jp Associates, GSPL.
Most of these long counters achieved almost all
targets and subscribers enjoyed blast and earned profit
out of intraday as well as positional tips and
recommendations.
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Positional call
Buy GSPL at 66.5
Stoploss below 64.40
Target=68.25-69.8-72.50
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Nifty Future Tips
(Updated on 26-06-2012 Time 08.50 AM)
In earlier posts we had written market were moving up gradually
and 5183-5203 are strong resistance zone.
NF kissed 5202.90 and plunged breaking the intraday
supports.
We also mentioned below 5146 it might drive even lower to 5117-5106.
And see NF formed low at 5098.
Now Today…
Below 5089 with sustained volume NF tend to move
lower to 5074-5058-5041.
5139 is intraday resistance and crossing over with sustained support
may move to 5167-5195 area.
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LARSEN & TOUBRO LTD (LT)
(NSE Future SEGMNET)
The current short trend is up but long term trend is down since last 2 years. Just, watch both trends in chart carefully. Be prepared for Short Sell to LT for Targets as mentioned in chart…
I will update for Subscribers if crossover OR close 1420 above…To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
(Updated on 25-06-2012 Time 08.30 AM)
On Friday we had written 5106-5089 levels which had been tested again and again during the session. But ultimately it had shown the strength and bounced off that levels.
Hence, we sent to go long from 5120 for 5159-5175.It kissed 5167.
Now for today…
5129-5119 are intraday support which may reverse trend.
5176-5188 are intraday hurdles beyond which it may
fuel the rally up to 5196-5212.
Real strength it will get if trades above 5212 with
sustained volumes to take it to 5244-5275.
Again 5105-5089 are strong support.
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Buy jsw steel stop loss below 640
Target = 654-658-665
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