
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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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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Our long counters ONGC swinging against the
tide and achieved the Target of 288.
Yesterday we shorted Relinance Infra at 539
and booked at 531 for first target.

Larsen and Toubro
Expect revival above 1380.
Below 1375 slide upto 1359-1348

JSW Steel
Expect 672 to support short term trend.
Below which slide upto 660-652
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BankNifty Spot
(Updated on 17-07-12 Time 09.00 AM)
Banking space seems loosing steam at higher levels
It has to crossover 10638-10660.
Below 10525 bear will assume power and see
more panic and may dip even further
to 10465-10435-10365.
Above 10660 no problem for bulls
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