NIFTY (2981.2)
Support : 2955 / 2935-25 / 2895 / 2875 / 2845
Resistance : 3005 / 3030-40 / 3065 / 3085-95 / 3120
SENSEX
Support : 9735 / 9640
Resistance : 9935 / 10045
NIFTY FUT
Support : 2945 / 2910 / 2860
Resistance : 3015 / 3050
MKT COMMENTS
NIFTY FUT OI down 0.53% with 23% decreasing volumes indicating unwinding of long positions.
We expect NIFTY FUT to trade rangebound but stock specific action remain.
Seeing DOJI in future charts
Uptrend intact with Support 2950
Trend Reversed if Mrkt Break/Close Below 2950
Deep Support is @2860
Market View –16.12.2008
On the Tuesday ,Opening is flat to up,
Stay long Above 2985,Sl Below 2965,Tgt 2995-3015/25-3040-3065-3085
Sustain Below 2965,Sell with Sl Above 2985,Tgt 2950-2925-2905-2895-2875
Buy 3I INFO Above 38,Tgt 41/43/45+,Sl 36
Buy AKRUTI Above 650,Tgt 680/695/725+,Sl 620
Buy NDTV Above 121,Sl 118,Tgt 125/130
ESSAR OIL: Buy above 94,Stoploss 92,Tgt 97/100++
GESHIP : Buy above 228,Stoploss 224
Buy BAJAJAUTO Above @ 415,Tgt 425-435-460,SL-408
Buy HEROHONDA Above @ 795,Tgt 805-810-825,SL-791
Buy TOURISM FIN Above 15,Sl 14,Tgt 16-17-18
Buy KAASHYAP TECH Above 0.70,Sl 0.5,Tgt 0.85-1.10-1.30
Sell BOB Below @ 260,Tgt 255-245-230,SL-262.
Sell BPCL Below @ 345,Tgt 340-335-320,SL-349.
Sell Dr. REDDY Below @ 450,Tgt 445-435-410,SL-455.
Sell TATA POWER(735),Stoploss Above 745,Tgt 720-715
Buy SCI Dec Fut 83-84,Sl 81,Tgt 84/84/85/86-87/88/89-90/92 (
BUY RNRL Dec Fut,Sl 55,Tgt 68-74
SBI (1204):
Buy @ 1165/1180,Sl 1160,Tgt 1210/1235
OR
If Open High Sell @ 1246,Sl 1260,Tgt 1225/1215
TPOWER (735) :
Buy @ 725,Sl 715,Tgt 755/760/770 , If Same Day Sustain Above 770 then next day 780++
RCOM (239) : Sell 248,Sl 254,Tgt 244/233
CAIRN
Buy Above 164,Tgt 172/180,Sl 162
Sell Below 161,Tgt 154/144,Sl 163
ONGC ( 673 )
Buy Above 675,Tgt 684/696,Sl 666
Sell Below 663,Tgt 657/639,Sl 668
TATA STEEL LIMITED ( 227 )
Buy Above 229,,Tgt 235/245, Sl 228
Sell Below 225,Tgt 220/214,Sl 228
SBIN( 1204 )
Buy Above 1214,Tgt 1227/1238,Sl 1204
Sell Below 1194,Tgt 1178/1164,Sl 1203
HCLTECH
Buy Above 105,Tgt 106/108,Sl 104
Sell Below 103,Tgt 101/99,Sl 104

No comments:
Post a Comment