Month: May 2010
Market Outlook for 10th May, 2010
Nifty Future: Support at 4965. Below 4955, it could drift to 4910. Resistance around 5035. Crossover of 5045, could lead to short covering, which can push the index to 5095 – 5125 Stock Future: Short ICICI around 886 with SL at 897. TGT 860 – 840 Short HDFC around 2775 with SL at 2800. TGT …
Market Outlook for 6th May, 2010
Nifty Future: Support around 5100 and break of 5088 could lead to 5060 – 5010 – 4975 Resistance around 5155 and crossover of 5170 could move to 5200 Stock Future: Buy LIC housing around 950 with SL at 947. TGT 975 – 990 Buy Mphasis around 677 with SL at 674. TGT 705 – 715…
Market Outlook for 5th May, 2010
Nifty Future: Due to meltdown of Global markets,our market can open on huge gap down and support is near 5005. On upside, it will face resistance closer to 5190. Stock Future: ( Swing Trading) Short Hindzinc below 1143 with SL at 1178. TGT 1050 – 1015 Short L & T below 1526 with SL at…
Market Outlook for 4th May, 2010
Nifty Future: Resistance around 5265. Crossover of 5275, could lead to 5320 Support around 5170. Breaking 5150, brunt of selling wave will happen and Index will crash to 5075 – 5025 Stock Future: Short Aban around 1190 with SL at 1208. TGT 1140 – 1100 Short Siemens around 700 with SL at 708. TGT 685…