Bank Nifty & Axis Bank’s Guestimate

BANK-NIFTY

Bank Nifty Spot

Above 12708 Bulls have upper hand.

Hurdle at 12810-12828.

Crossover above 12842 may take up to 12875-12904.

Hurdle at 12900-12935.

Break below 12690 except slide up to 12600-12585.

AXIS BANK

Axis Bank

Resistance at 1430-1436

Trends looking tired at resistance zone.

Prices are diverging with Oscillators on short term trend.

If not able to sustain above 1435 then slide up to 1382 not ruled out.

Closing below 1478 may take lower up to 1350 in non-stop slide.

Decisive break above 1435 blast up to 1457-1457.

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Nifty FUT Trade Setup For 28 January 2013

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THOUGHT FOR TODAY Help Yourself Unfortunately, these two words tend to describe the generally selfish and materialistic culture in which most of us live. They result not in self-help, but in dependency. Our education and our role models do not encourage us to help ourselves to grow, change and expand our capacities as human beings. Real self-help means recognizing that no one else is responsible for our thoughts and feelings, and that we are only ever victims because we choose to be. Our destiny is always and only in our own hands – despite all apparent evidence which may indicate otherwise. Learning to help ourselves is also a prerequisite to extending a hand of assistance to others. We all need a leg up from time to time, but once there, we are always on our own.

Nifty Future

(Updated on 28-01-2013 at 07.40 AM)

Friday, written that in case of Nifty spot not breaking

below 6006, It would resume up trend  above 6032-6039.

We have also written that above 6039

that Nifty may rally up to 6070.

Nifty moved up to 6080.

Support at 6049-6043 for intraday.

Crossover 6075 Expect rally up to 6088.

6088-6095 Hurdle zone.

Crossover above 6095 may take up to 6108-6119.

Crucial support at 6033.

Major support at 6000-6010 region.

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Maruti, Idea & JSW Steel Share Tips

maruti

Maruti

1590-1600 Resistance

Sell on rise below 1555

Break below 1528 expect slide up to 1504-1494.

Exit short if closes above 1562.

idea

Idea

support at 109-111

Bounce up to 117-119 may not be ruled out as long as

support is not violated

Break below 109 expect 103.

JSW Steel

Sell on Rise below 852

Support at 827.

Break below 827 expect 818.

Exit short above 857.

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Nifty FUT Trade Setup For 25 January 2013

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THOUGHT FOR TODAY 
Compassion
A compassionate person develops an eye for spotting the qualities that make each person special. Even when others are at their lowest ebb, it is possible to help them restore their self-belief by keeping a firm, clear vision of their goodness and specialities. Taking a gently encouraging approach, I must never give up on anyone.
 

Nifty Spot

(Updated on 25-01-2013 at 07.40 AM)

As expected Nifty spot dipped to 6007 near rising

trend line support at 6006 for the day and closed at 6019.35.

Yesterday’s low at 6007 is important and may decide future

course for coming sessions. If it does not sustain 6000-6006 area

and break below 6000 mark then expect slide up to 5985.

If Nifty trades below 5975 for 15-20 minutes

then expect 5961-5940 levels in hours.

Closing below 5935 may cause more downside up to 5884-5850.

6032-6039 hurdle for short term trend.

Crossover may take it up to 6063-6069.

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Gail & United Phosphorous Tips

GAIL

Support at 378-380

No worry for bull above 375.

Target = 390-393

Invalidation = 360

United phosphorous Ltd

Closed above consolidation area.

Above 137 bulls will lead the trend.

Buyers zone at 138-141

Target 150-155.

Invalidation = 130

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Nifty FUT Trade Setup For 21 January 2013

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THOUGHT FOR TODAY  The Wonder of Silence In silence lies the ability to listen; to listen to ourselves, to others and to God. Listening is a lost art. Without it we cannot communicate, we cannot relate to each other and so we cannot live life meaningfully. We need to learn to listen. Sitting in silence allows us to listen to ourselves and to understand. This silence can heal. The worries, the pain can be healed when we listen. Spiritual medicine is ever-present in the soul. Whenever we need it, to whatever extent we need it, we can find it within.

Nifty Future

(Updated on 21-01-2013 at 07.40 AM)

Monday written crossover above hurdle at 6068-6073

market would reach at 6096.

Nifty future made high at 6095.50 and closed at 6074.85

Crossover above 6082 may take NF up to 6092-6096.

Hurdle at 6096-6109 region.

If trades above 6110 with sustained vol

then may rally up to 6132-6154.

6057-6061 intraday support zone.

Crucial support at 6045.

Major support for short term trend is at 6000-6009.

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