Wish To Become Our Premium Paid Clients,Please Visit :
www.Sharebazaaronline.blogspot.com
www.Sharebazaaronline.ning.com
http://sites google.com/site/Sharebazaaronline/
http://groups.google.com.group.Sharebazaaronline
Take A Weekly Trial Pack For Just Rs 500,Includes NIFTY, FUTURES, CASH, OPTIONS, COMMODITY, CURRENCY
Or Mail Us To:
Sharebazaaronline@gmail.com
Sharebazaaronline@ymail.com
Join Us For Free
Type " JOIN SHAREBAZAARONL " & Send Sms To 567678
Type " JOIN SHAREBAZAARONL " & Send Sms To 560700
It was another volatile session for our market that closed at the high point of the day with some help from European markets. Market breadth was positive with advances at 729 against declines of 547.Market is already in selling zone since broken the level of 5100 and also trendline support is broken and hence looking to kiss the 200 DEMA which is placed now near 4645,but low made today is very vital now for the time being and it looks like that a relief rally can be there if we hold this level till the level of 4900-4975.A good support now comes first near 4780 for the time being and as long as we hold it, expect a relief rally if not then be ready for 4720.Still low made today can play a vital role for the time.But every rise may be an opportunity to exit from long trapped and to buy again,over all as per my discretion the over all panic is over and if any panic selling comes in the market then go and shop.
NIFTY (4882.05)
Resistance : 4920 / 4975 / 5020
Support : 4845 / 4805 / 4720
SENSEX (16357.96)
Resistance : 16590 / 16885
Support : 16100 / 15930
NIFTY FUTURE (4875.65)
Resistance : 4925 / 4975
Support : 4795 / 4805
MKT COMMENTS
NIFTY FUT OI up 6.92% with increasing volumes indicating fresh shorts build up. We expect NIFTY FUT to trade volatile, selling will emerge on every rise.
On Monday,Opening Is Flat To Positive,
Buy NIFTY Above 4870,Sl Below 4850,Tgt 4890/4920/4960/5020
Sell NIFTY Below 4850,Sl Above 4870,Tgt 4830/4800/4760/4700
BUY
SBIN (2057),Sl Below 2030,Tgt 2085/95/2105+
INDIANBNK Above 180,Sl 175,Tgt 185/190+
TORRENTPOWER Above 295,Sl 290,Tgt 300/305/310
SAIL Above 215,Sl 210,Tgt 220/225
BOB Above 580,Sl 565,Tgt 590/605/620
SELL
ACC Below 870,Sl 880,Tgt 860/50/40
LNT Below 1425,Sl 1435,Tgt 1410/1395/1370
OPTOCIRCUITS Below 215,Sl 220,Tgt 210/205
FUTURES
Buy ROLTA Above 205,Sl 195,Tgt 210/215/220/225
Buy ORIENTALBNK Above 265,Sl 255,Tgt 270/275/280/285
Buy LNT Around 1385/1405,Sl 1375,Tgt 1425/35/45++
Buy EDUCOMP Above 730,Sl 710,Tgt 745/55/65+
Buy JINDALSTEEL Above 655,Sl 645,Tgt 665/675/685
Sell ICICIBNK Around 850/845,Sl 865,Tgt 835/825/815
Posts
No comments:
Post a Comment