This time please keeps suspending all purchasing till then market do not get bullish signal. Market has made very bad signal & according to technical chart market can go in the bearish zone.
Weekly & two weekly targets are giving very bad signal, if Nifty Spot trade above the level of 4128-4140, Sensex-----13773-13826 & Nifty Future---4103—4128 then any bull run get to see but if Nifty Spot--- trade below the level of 3971---3924, Sensex---13290---13116 & Nifty Future--3924--- 3904 then below target of Nifty Spot is 3699 to 3621, Sensex---12422 to 12055 & Nifty Future--3621 to 3582.
Important Dates:
July 16 - EIA Petroleum report
July 22 - Vote of Configdence against UPA Govt
July 29 - RBI policy Meet;
Nifty Support:3970,3950,3925,3890-3850;Resistance:4175,4210,4250,4295
Sensex : Support 13190/ 12910 ; Resistance : 13910/14345;
Break below 3970 will test near term low of 3855 and more of 3600.
Buy NiFTY Abv 4050 TGT 4080-4095-4115-4145-4170-4190
Sell NiFTY Blw 3980 TGT 3950-3935-3895-3840-3815-3780;
Sell ACC Below @ 545 Target 505-470-450.
Sell BANKINDIA Below @ 245 Target 225-200-185.
Sell BHARTI Below @ 745 Target 710-670 to 650.
Sell GAIL Below @ 345 Target 320-290 to 275.
Sell HEROHONDA Below @ 665 Target 625-585-565.
Sell HLL Below @ 215 Target 200-190-180.
Sell KOTAKBANK Below @ 510 Target 470-435-415.
Sell NTPC Below @ 160 Target 150-140-135.
Sell RCOM Below @ 435 Target 405-370 to 355.
Sell RELIANCE Below @ 2010 Target 1930-1850-1800.
Sell SIEMENS Below @ 470 Target 430-395 to 375.
Sell SUZLON Below @ 205 Target 190-175-170.
Sell IFCI below @ 39 Ssl 40; Target 37-35;
Sell Axis Bank ( Rumours Of Some Bad News Coming Up Shortly, Ready to Test New Low...)
Keep watch Karutari net grab below 19 & hold for 2 month, good return expected .
Use Rise to Buy PUT & Initial Dip to Buy CALL
Market ALERT!!
HUGE VOLATILITY SL MAY NOT WORK
Avoid Spike Buying
Instead of Making LOSS ~ Trade Less and Gain Less
Always Book Profits at All Levels ~ Targets Are Indicative Only
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