NIFTY ANALYSIS : Today’s weak sentiment can continue tomorrow also. Major Indices seen weak after hitting 2008 lows today. But overall movement will depend largely on global cues. Nifty is likely to take support around 3800 but below this level it could witness selling pressure. On upper side first resistance will come at 3920 and after that 4000 level.
NIFTY FUTURE :
For a day trading view, trade below 3874 continue then heavy panic may seen in market and it slide up to 3752 and then 3654 level. At upside it face resistance at 3970
.BSE SENSEX : Now it's a more chance to touch 12293 if break this then slide up to 11992 to 11582 level. At upside it face hurdle at 12700 and then at 13000.
RELIANCE : Now if break 1882 then it slide up to 1832 to 1783 level. At upside above 1980 it go for 2030 to 2080.
SBI : It slide up to 1353 and if break this too then it slide more up to 1301 to 1250. At upside it face resistance at 1456 and then at 1507.
TATA STEEL : Now it has a support at 431 if break this then slide up to 417 to 399 level. At upside above 449 it go for 463 to 481
.L&T : For a day trading view, it has a support at 2282 level if break this then slide more up to 2217 to 2108 level. At upside it face hurdle at 2391 if cross this then zoom to kiss 2456 to 2565 level.
ONGC : It face hurdle at 1049 if sustain above it then it go for 1077 to 1106 level. At downside below 1020 slide up to 992 to 963 level
.REL CAPITAL : For a intraday view, Above 1108 it zoom to kiss 1159 to 1231 level and if break 1036 level then slide up to 985 to 913 level.
REL INFRA : Below 808 more chance to touch 757 and if break this too then slide up to 721 to 670 level. At upside above 808 it go for 844 to 895 level.
BHEL : Below 1514 it slide up to 1439 to 1366 level. At upside it face hurdle at 1587 and suppose cross this then go for 1662 level.
DLF : Now if break 328 then it slide up to 307 to 285 level. At upside it face hurdle at 371 and then at 393.
FAIRE GROWTH MEANS..... TO MAKE GROWTH
Tuesday, September 30, 2008
Friday, September 26, 2008
Wednesday, September 24, 2008
Tuesday, September 23, 2008
Thursday, September 18, 2008
18-SEP-2008
NIFTY ANALYSIS :
Markets closed in red today after the choppy trade. Most of the stocks closed around 52-w low. Further the bias likely to remain weak due to concerns over the health of financial markets worldwide. Technically Nifty is facing strong resistance around 4100. If Nifty managed to stay above 4100 for at least half an hour, one can go for long side. But till then wait and watch. Below 3900 one can go for short with stop loss of 4055. Below 3900 target could be around 3750.
NIFTY FUTURE :
For a day trading view, below 4033 it's a more chance to touch 3950 to 3892 level. At upside above 4033 it go for 4091 and if break this with volume then go for 4174 to 4232 level.
BSE SENSEX : Now below 13336 it slide to touch 13052 and once broke this level then it slide up to 12843 to 12559 level. At upside above 13336 it zoom to kiss 13545 and then 13829.
RELIANCE : Below 1894 it slide up to 1829 to 1782 level. At upside it face hurdle at 1941 once cross this level then go for 2006 level.
SBI : Now below 1547 more chance to touch 1494 to 1458 level. At upside above 1547 it go for 1583 to 1636 level.
TATA STEEL : For a day trading view, Trade below 461 lead it to the 450 to 433 level. At upside it face hurdle at 478 and then 489.
L&T : Now below 2514 it slide up to 2469 to 2436 level. At upside it face hurdle at 2547 and once cross this then it go for 2592 to 2625 level
.INFOSYS : Now above 1550 it go for 1598 to 1626 level. Suppose break 1550 then slide up to 1522 level.
ONGC : For a day trader, it has a support at 972 level if break this then slide up to 946 to 915 level. At upside above 972 it zoom to kiss 1003 here it face hurdle once cross this too then it go for 1029 to 1060.
REL CAPITAL : Below 1088 it slide up to 1041 to 1013 level and if break this too then slide up to 966. At upside above 1088 it go for 1116 to 1163 level
.REL INFRA : Below 835 it slide up to 816 to 803 level. At upside above 835 it zoom to kiss 848 to 867 level and then 880.
BHEL : Below 1619 it slide up to 1568 to 1532 level. And above 1619 it go for 1655 to 1706 level.
DLF : It slide up to 397 and if break this too then further slip to386 to 367 level. At upside face resistance at 416 and then 427.
Markets closed in red today after the choppy trade. Most of the stocks closed around 52-w low. Further the bias likely to remain weak due to concerns over the health of financial markets worldwide. Technically Nifty is facing strong resistance around 4100. If Nifty managed to stay above 4100 for at least half an hour, one can go for long side. But till then wait and watch. Below 3900 one can go for short with stop loss of 4055. Below 3900 target could be around 3750.
NIFTY FUTURE :
For a day trading view, below 4033 it's a more chance to touch 3950 to 3892 level. At upside above 4033 it go for 4091 and if break this with volume then go for 4174 to 4232 level.
BSE SENSEX : Now below 13336 it slide to touch 13052 and once broke this level then it slide up to 12843 to 12559 level. At upside above 13336 it zoom to kiss 13545 and then 13829.
RELIANCE : Below 1894 it slide up to 1829 to 1782 level. At upside it face hurdle at 1941 once cross this level then go for 2006 level.
SBI : Now below 1547 more chance to touch 1494 to 1458 level. At upside above 1547 it go for 1583 to 1636 level.
TATA STEEL : For a day trading view, Trade below 461 lead it to the 450 to 433 level. At upside it face hurdle at 478 and then 489.
L&T : Now below 2514 it slide up to 2469 to 2436 level. At upside it face hurdle at 2547 and once cross this then it go for 2592 to 2625 level
.INFOSYS : Now above 1550 it go for 1598 to 1626 level. Suppose break 1550 then slide up to 1522 level.
ONGC : For a day trader, it has a support at 972 level if break this then slide up to 946 to 915 level. At upside above 972 it zoom to kiss 1003 here it face hurdle once cross this too then it go for 1029 to 1060.
REL CAPITAL : Below 1088 it slide up to 1041 to 1013 level and if break this too then slide up to 966. At upside above 1088 it go for 1116 to 1163 level
.REL INFRA : Below 835 it slide up to 816 to 803 level. At upside above 835 it zoom to kiss 848 to 867 level and then 880.
BHEL : Below 1619 it slide up to 1568 to 1532 level. And above 1619 it go for 1655 to 1706 level.
DLF : It slide up to 397 and if break this too then further slip to386 to 367 level. At upside face resistance at 416 and then 427.
Tuesday, September 16, 2008
Friday, September 12, 2008
Thursday, September 11, 2008
11-SEP-2008
NIFTY FUTURE : For a day trading view, It slide up to 4365 and if break this too then slide more up to 4332 to 4280. At upside above 4416 it try to kiss 4450 and if sustain above it then it go for 4501 to 4535 level.
BSE SENSEX : For a day trading view, Above 14712 it go for 14815 to 14969 level. At downside it has support around 14558 if break this then slide up to 14455 to 14301
.RELIANCE : Now below 2096 it slide up to 2058 to 2034 level. At upside hurdle at 2120 if cross this then go for 2158 to 2182 level.
SBI : It has a good support 1560 above1560 it try to kiss 1587 and if cross this too then it go for 1609 to 1635 level.At downside below 1560 support at 1539 and then at 1513.
TATA STEEL : Now it has a support around 521 if break this then panic selling up to 508 to 486 seen. At upside above 543 it go for 556 to 578 level.
L&T : Now it has a support around 2689 if break this then slide up to 2662 to 2629 level. At upside above 2722 it go for 2749 to 2782 level.
INFOSYS : Above 1750 it try to kiss 1780 to 1801 level. At downside below 1750 more chance to touch 1729 and then at 1699 level.
ONGC : Below 1078 it slide up to 1051 and then 1025 to 998 level. At upside above 1078 it go for 1104 to 1131 level
.REL CAPITAL : Now it has a support around 1312 level if break this then slide upto 1293 to 1272 level. At upside above 1333 it go for 1352 to 1373 level.
REL INFRA : For a day trading view, it has a support around 1007 and then at 980. At upside above 1045 it go for 1072 to 1110 level.
BHEL : Below 1715 more chance to touch 1684 and if break this then slide up to 1657 to 1626 level. At upside above 1715 it zoom to kiss 1742 to 1773 level
.DLF : Now it has a support around 494 and if break this too then slide more up to 487 to 478 level. At upside above 503 it go for 510 to 519 level.
BSE SENSEX : For a day trading view, Above 14712 it go for 14815 to 14969 level. At downside it has support around 14558 if break this then slide up to 14455 to 14301
.RELIANCE : Now below 2096 it slide up to 2058 to 2034 level. At upside hurdle at 2120 if cross this then go for 2158 to 2182 level.
SBI : It has a good support 1560 above1560 it try to kiss 1587 and if cross this too then it go for 1609 to 1635 level.At downside below 1560 support at 1539 and then at 1513.
TATA STEEL : Now it has a support around 521 if break this then panic selling up to 508 to 486 seen. At upside above 543 it go for 556 to 578 level.
L&T : Now it has a support around 2689 if break this then slide up to 2662 to 2629 level. At upside above 2722 it go for 2749 to 2782 level.
INFOSYS : Above 1750 it try to kiss 1780 to 1801 level. At downside below 1750 more chance to touch 1729 and then at 1699 level.
ONGC : Below 1078 it slide up to 1051 and then 1025 to 998 level. At upside above 1078 it go for 1104 to 1131 level
.REL CAPITAL : Now it has a support around 1312 level if break this then slide upto 1293 to 1272 level. At upside above 1333 it go for 1352 to 1373 level.
REL INFRA : For a day trading view, it has a support around 1007 and then at 980. At upside above 1045 it go for 1072 to 1110 level.
BHEL : Below 1715 more chance to touch 1684 and if break this then slide up to 1657 to 1626 level. At upside above 1715 it zoom to kiss 1742 to 1773 level
.DLF : Now it has a support around 494 and if break this too then slide more up to 487 to 478 level. At upside above 503 it go for 510 to 519 level.
