NIFTY
Support : 3010/2985/2955-45/2920/2905
Resistance : 3060/3090/3115/3140/3185
SENSEX
Support : 9890/9825/9720
Resistance : 10060/10105/10280-300
NIFTYFUT (3039.3)
Support : 3020/3005/2985/2970
Resistance : 3075/3095-3105/3130/3145-55
Strong Hurdle
Nifty Struggling to sustain at Higher Level.
Yesterday's Low of 3027 needs to Hold today.
Yesterday's High 3110 act as a Major Resistance. Need to Cross and close above this level.
MKT COMMENTS
NIFTY FUT OI (both series) up with decreasing volumes indicating short covering plus forming of long positions in next series.
We expect NIFTY FUT to trade volatile.
Some ASTRO FORECAST and TIME STUDY indicating that Multi-Month Lows may come Between Jan8-Jan14,2009,
upmove may cont till SomeTime & then Fall Suddenly
US GDP Data to be Released. Be Cautious with long Positions. Watch RE/$
DOW JONES : If Trades 15 Mins Below 8530,then will Slide to KISS 8320-10,If Close Below 8310,then Watch BLOODBATH
Dow jones closing below 8310 can bring panic in world markets
On the Tuesday ,Opening is Flat to Down,
Stay Short Below 3045,Sl Above 3065,Tgt 3005-2975-2955-2855-2785,
Sustain Above 3065,Buy with Sl Below 3045,Tgt 3080-3105-3125-3140-3165.
TATAMOTORS
Buy Above 190,Sl 186,Tgt 193/198
Sell Below 185,Sl 187,Tgt 181/175
BANKINDIA
Buy Above 302,Sl 300,Tgt 306/315
Sell Below 297,Sl 299,Tgt 293/287
BHEL
Buy Above 1415,Sl 1400,Tgt 1430/1455
Sell Below 1385,Sl 1399,Tgt 1370/1345
Buy BAJAJAUTO Above 415,Tgt 420/430/450,Sl 405
Buy BIOCON Above 130,Tgt 132/135/140,Sl 126
Buy HPCL Above 275,Tgt 280-290-305,Sl 266
Buy NALCO Above 185,Sl 180,Tgt 190/95/200
Buy GUJ ALKALI Above 65,Sl 60,Tgt 70/75/80
TATA POWER(741) Buy@ CMP,Sloss Below 730,Tgt 750-760
AURO PHARMA : Buy Above 160,Sloss 155,Tgt 170/175
POSITIONAL :
BUY DISMAN PHARMA ON DEEP TGT 185
Buy RELCAPITAL Above 570
Sell INFOSYS OnRise Around 1160,Tgt 1090
Sell HDIL OnRise Around 172,Sl 185,Tgt 160/150
Sell BANKINDIA Below 295,Tgt 290-280-255,Sl 310
Sell GAIL Below 215,Tgt 210-205-195,Sl 220
Sell IVRCLINFRA Below 145/143
Sell LITL Below 163,Sl 167,Tgt 156/153
Sell RELIANCE(On Rise Around)1300,Sl 1340,Tgt 1280/1265/1250/1240
OR
Sell RELIANCE Below 1270,Sloss 1290,Tgt 1240/1225/1200
DEC FUTURRES
POWERGRID : Buy@ 84-85,Sl 82,Tgt 85/86.8/89++
Buy BALRAMCHINI 46.3,Sl 45,Tgt 46/46.8/47.5/48/49
Sell GTL 202,Sl 207,Tgt 201/200/199/197-195/193/191-189/187/185 (
Sell RIL(1285) @ 1315,Sl 1340,Tgt 1280/Below 1260/1245
Sell SBI(1274) @ 1300,Sl 1317,Tgt 1275/1260
OR
If Open Low BUY @ 1250,Sl 1230,Tgt 1270/1295
Sell TATAPOWER(740) @ 759,Sl 770,Tgt 740/720
POSITIONAL :
PNB : Sell Jan Future On Rallies 545-565,Sl 575 ((Closing Basis)),Trgt : 500-475-450-425-400-375 (Timing 10 Day's)
Happy Investing.
Posts
No comments:
Post a Comment