Monday, 26 March 2012

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M&M: (689) Sell considering 697 a crucial resistance keeping stop loss of 706. Downward side it'll fall down to 670 initially. A close below 670 it'll heavily fall down further to 655 & thereafter to 644 & 625.
Upward side crossover above 706 it'll turn positive & surge up to 730.

TATA MOTORS: (273) Sell considering 278 & 282 solid resistances keeping stop loss of 287. Downward side break below 267 it'll fall down to 255-253 & 244.

Upward side a close above 287 it'll turn positive & spurt up to 294, 300 & 311.

INDUSIND Bank: (312) Sell considering 320 a crucial resistance keeping stop loss of 325. Downward side it'll fall down to 296, 290 & 280. Upward side a close above 325 it'll turn positive & spurt up to 353 & 370.
CENTRAL Bank: (101) Sell considering 104 a solid resistance keeping stop loss of 106. Downward side it'll fall down to 95.50 & 89.

YES Bank: (372) Sell considering 376 a crucial resistance keeping stop loss of 383. Downward side break below 366 it'll fall down to 353 & 345.
Upward side a close above 383 it'll turn positive & spurt up to 399 & 408.

KOTAK Bank: (525) Sell considering 535 a solid resistance keeping stop loss of 546. Downward side it'll fall down to 501 initially which is a crucial support. A close below 501 it'll crash down to 493 & 481.

SBI: (2165) Break below 2128 it'll fall down to 2081, 2052 & 2005. Upward side 2181 & 2205 crucial resistances, keep stop loss of 2215 to your shorts. A close above 2205 it'll turn positive & surge up to 2253, 2281 & 2296-2328.

BATA: (785) Buy on declines considering 775 a crucial support keeping stop loss of 757. Upward side it'll spurt up to 811, 827 & thereafter to 861.
Downward side break below 757 it'll fall down to 730, buy again on lower levels keeping stop loss of 710.

BOM DYEING: (538) 549 & 564 crucial resistances up to which profit booking will be seen, keep stop loss of 564 to your shorts. Downward side 531 & 517 crucial supports. Break below 517 it'll heavily fall down to 488.
Upward side a close above 564 it'll turn positive & spurt up to 586, 595 & 621.

CENTURY: (359) Buy on declines considering 347.50-345 crucial supports keeping stop loss of 324. Upward side it'll rush up to 380 initially. A close above 380 it'll sustain on higher levels & flare up to 393 & 414.

MCLEOD RUSSEL: (267) Buy considering 263 a solid support keeping stop loss of 256. Upward side it'll spurt up to 290.

AREVA: (192) A close above 197.50 it'll spurt up to 217 & 228. Downward side 181 a solid support.

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Thursday, 22 March 2012

Intraday Nifty Trading Tips

Intraday Nifty MARCH future: (5246) Sell considering 5275 & 5316-5340 solid resistances keeping stop loss of 5351. Downward side it'll fall down to 5195, 5146 & 5086, cover shorts around 5086 & buy fresh keeping stop loss of 5066.

Bank Nifty Stock MARCH Future: (10171) Sell considering 10266 & 10404 solid resistances keeping stop loss of 10493. Downward side it'll fall down to 10041, 9902 & 9678.

HINDALCO: (133) Sell considering 134.50 & 136.75 solid resistances keeping stop loss of 139. Downward side it'll fall down to 128.75 & 120.

JET AIR: (330) Sell considering 340-344 solid resistances keeping stop loss of 354. Downward side it'll fall down to 320, 313 & 302.

MARUTI: (1331) Sell considering 1352 a solid resistance keeping stop loss of 1357. Downward side it'll fall down to 1307, 1291 & 1267.
APOLLO TYRES: (79) Sell considering 80.75 & 83 solid resistances keeping stop loss of 85.50. Downward side it'll fall down to 75.25 & thereafter to 73.75 & 69.50.

AXIS Bank: (1177) Sell considering 1182 & 1213 solid resistances keeping stop loss of 1243. Downward side it'll fall down to 1143 & 1120.

Can Bank: (461) Sell considering 470 & 475 solid resistances keeping stop loss of 483. Downward side it'll fall down to 451, 444 & 434.

KOTAK Bank: (517) Sell considering 526 & 531 solid resistances keeping stop loss of 539. Downward side it'll fall down to 506 & 501.

OBC: (270) Sell considering 276-278 solid resistances keeping stop loss of 285. Downward side it'll fall down to 261 & 253.

SYNDICATE Bank: (110) Sell considering 111.50 & 114 solid resistances keeping stop loss of 116. Downward side it'll fall down to 104 & 101.

CENTURY: (325) Buy on declines considering 321.50 & 317 crucial supports keeping stop loss of 311. Upward side 347.50 & 358.50 crucial resistances. Crossover above 358.50 it'll spurt up to 380.
Downward side break below 311 it'll fall down heavily to 302 & 290.

BATA: (761) Break below 757 it'll fall down to 747 & 735, buy in panic keeping stop loss of 729. Upward side 777 & 785 crucial resistances. Crossover above 785 it'll spurt up to 803 & 813.

BOM DYEING: (530) Sell considering 551 a solid resistance keeping stop loss of 563. Downward side break below 525 it'll fall down to 515 & 501.

RIL: (737) Sell considering 750-755 solid resistance keeping stop loss of 765. Downward side it'll fall down to 725 & 718.

RCOM: (88.20) Sell considering 89.50 & 92 solid resistances keeping stop loss of 94. Downward side it'll fall down to 84.75 & 82.50.

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International market, gold - silver is traded on the edge. Comaks half per cent of the gold is trading around $ 1,653, while silver has shot up more than 1 per cent, the price is above $ 32. On Tuesday, gold in the domestic market, with 0.30 per cent to Rs 27 814, while silver dropped nearly 2 percent from 56 515 to Rs.
 
Crude oil is a good start today. Domestic crude oil has seen nearly half per cent, the price has shot up to Rs 5,400. Naimaks half per cent up on crude oil remains.
 
Base metals has also started on the edge today. MCX is an increase in all metals, zinc, lead up to the highest it has seen a half per cent, while copper and lead also gained half per cent.

April futures on NCDEX Gwargm and Gwarseed have gone up 3-4 per cent, 2 per cent rise in the turmeric futures are being watched. The potato futures are trading at 3-4 per cent.

For investors, analysts' comments -

Gold: Sell Rs -27 880, -28 450 stoploss of Rs Rs Rs -27 000 goals

Copper: Sell RS -432, -435 stoploss of Rs Rs Rs goals -425

Crude Oil: Sell -5 440 bucks, -5 475 stoploss of Rs Rs Rs goal -5380

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