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Mphasis
Buy in dips above 387
expect 396.8
More fire above 397 upto 404
Shri Ram Transport fin
Sell below 550
Breakout below 544 expect slide
upto 538-535-533
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Nifty Future
(Updated on 20-07-12 Time 08.20 AM)
We entered long position at 5210 and kept booking gains
at intraday higher levels.
Yesterday we indicated above 5237 no worry for the bulls
It went up to 5268.
Now for today…
trading with sustained volumes above 5260-5265 will drive
above 5277-5293.
5236-5222 zone is intraday support.
Break below 5211 slide upto 5196-5189-5171
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BankNifty Spot
(Updated on 19-07-12 Time 08.40 AM)
Above 10614 bulls will dominate
Expect 10657-10687
10556 is intraday support
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Nifty Future
(Updated on 19-07-12 Time 07.40 AM)
See the level yesterday we boldly written that market would
without reverse from 5171-5165 levels and see the
yesterday’s low i.e 5177.
We also mentioned not to remain short below 5200 and
booked our all short in NF.
We are long and from quiet lower levels.
Now for Today…
Above 5237 see the blast up to 5277-5293-5327
5205 is the strong intrday support.
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Bajaj Auto
Sell on rise below 1480
May touch 1412
Axis Bank
Trendline support at 1010.
If sustains with volumes above 1015-1018
Expect 1033-1038
Below 1009 expect 1000-989
Earned huge profit in intraday long
trade in ONGC.
and shorted counters in Reliance Infra,
Axis Bank and Nifty Future.
Go Long in Biocon, Cipla, Lupin
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Nifty Future
(Updated on 18-07-12 Time 07.40 AM)
Yesterday NF went up to 5248 and dipped to 5188.
In yesterday’s post we mentioned above 5220 Market would
see 5248-5255.
Now for today…
Above 5205 NF may touch 5218-5228-5236 zone which is
intraday hurdle.
Crossover with sustained volumes may add the strength and
boost the sentiment.
If trades below 5180 then slide upto 5171-5165.
5165 is important support levels and bulls may again take the
driving seat.
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