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Tata Motors
Support at 218-217
Above 221 rally up to 226
Reliance
Breakout above 742
Rally upto 752-756
See our Explosive move in our Recommendations in
Grasim, Lupin, Sun Pharma, Cipla, Yes Bank
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Nifty Future
(Updated on 01-08-12 Time 07.40 AM)
Yesterday through out the session volatility dominated.
In opening market started slide and then up marginally
and after credit policy announce market fall sharply.
And then revived.
Nifty Fut rose up to 5247.
We projected 5238-5858 above 5229.
Now for today…
5225-5210 is intraday support.
Above 5265 will zoom up to 5282-5298
Rally up to 5325 is not ruled out.
Below 5210 slide up to 5198.
5188-5175 is strong short term support.
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Yes Bank
Above 352 bulls in driving seat.
Above 360 see 364-368.
Cipla
Bullish above 327
Expect 338
If trades above 338 with sustained volumes
expect 345-347
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THOUGHT FOR TODAY
Manage Emotions
When the energy of our consciousness is out of our control – the mind is agitated. We are being emotional. The solution is to detach from the inner storms, stand back and observe the hurricane pass. Detached observation withdraws the energy which your emotions require to sustain themselves. When you watch your own anger, it dies. If you don’t detach from it, and observe it …it will be your master.
Nifty Future
(Updated on 31-07-12 Time 07.40 AM)
Today above 5229 if trades for 10-15 minutes.
then see rally up to 5238-5858-5276.
5200-5185 is Intraday support..
Sustained trading below 5180 will drive it lower
at 5144-5122
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Grasim
Short term Support at 2652 – 2668.
Buy in dips around 2686 – 2679.
Target = 2712-2725-2738
Tata Steel
Sell on rise below 412
Slide up to 390 – 385
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Banknifty spot
(Updated on 30-07-2012 at 0.20 am)
We indicated that above 10144 it would move up to
10270-10315 and 10315 is great hurdle zone and would
not sustain this level.
Now for today…
Above 10211 it will elevate up to 10290-10315.
10354-10405 in more strength.
But not likely to sustains at higher levels.
10050-10008 is Strong support.
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