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Stock was recommended on 02.01.13 at 93.50
For target of 96-101.
Trades may book profit or Trail SL at 98.50
Winfall gain of more than 8% in just four session.
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Reliance Industries
Finally, Stock has achieved its Positional Target at 871 today
and made sharp retracement.
CMP while updating this is at 856.
Recommended at 840 and added even at 844-848.
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ICICI Bank
Earlier Recommended at 1125 and target hit at 1148-1154.
Again recommended at 1154 Next day It hit target at 1174.
Now again strongly recommend if closes above 1195
then non-stop rally up to 1236-1278.
Short term support at 1254-1258.
Reliance Capital
Strong support at 488-492
If Daily + weekly closing above 514
Expect blast up to 538-552.
Exit if closes below 488
PFC
Recommended first at 199 then consolidated around
formed upward breakout above 204 and again
recommended again at 205-207 for target of 214 which
it’s done, but still holding.
Closing above 214 expect strong move up to 222-224.
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THOUGHT FOR TODAY
——————————
Over-thinking
The biggest disease of the mind is over-thinking, especially too much thinking about others. Thinking too much is like eating too much. The heaviness makes it impossible to remain light and flexible.
Nifty Future
(Updated on 07-01-2013 at 07.40 AM)
On Friday written Nifty fut would take
support at 6008.
Nifty future made low at 6012.50 and took u turn.
6056-6072 hurdle zone.
Once crosses over with vol rally up to 6112-6142.
Support at 6038-6027.
5980-6000 Crucial support.
We have repeatedly told that Nifty spot
would move up to 6030-6035 above 5922-5932 zone.
Now Nifty spot has made high at 6020.75.
Weekly closing + three daily closing above 6035 Expect
rally up to 6170-6206
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SKS Micro
No worry above 165
Target = 175
Daily + Weekly Closing above 175
may take up to 185-190
HDFC LTD
840-835 Strong support
Above 851 our Target is 872-876.
Stoploss closing below 835
Union Bank
Buyers zone at 275-276
Target = 283-286
support at 274-273
Exit long if closes below 273
Colgate
Resistance at 1536-1540
Break below 1519 See slide up to 1501-1485
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BankNifty spot
Crossover 12794 rally up to 12822
12830-12849 is Resistance zone.
12734-12720 Intraday support.
Break below 12706 Expect slides up to 12690
Support at 12690-12660
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