Month: November 2011
Market Outlook for 29th November, 2011
Nifty Future: Buy at 4863 and add around 4840 with Stop at 4824. TGT 4960 Bank Nifty Future: Crossing 8887, Buy on retracement around 8815 with Stop at 8790. TGT 9100 – 9245 Stock Future: ICICI Bank crossing 762, Buy on retracement around 755 with Stop at 753. TGT 782 – 795 Infy crossing 2669,…
Market Outlook for 28th November, 2011
Nifty Future: Resistance around 4766 and crossover of 4779, it will move to 4820 – 4855 Support around 4690 and breaking 4685, it will fall to 4635 – 4605 Bank Nifty Future: Resistance around 8612 and crossover of 8635, it will move to 8850. ( If crosses 8635, buy on retracement around 8565 with Stop…
Market Outlook for 25th November, 2011
Nifty Future: Buy around 4725 with Stop at 4725 in 30 MTF closing. TGT 4805 – 4845 (Both buy and Stop are at same price.. but difference is Stop is on closing price as of 30 minutes time frame) If closes below 4725, short with Stop at 4766 in 30 MTF close.. TGT 4650 –…
Market Outlook for 24th November, 2011
Nifty Future: Resistance around 4740 and crossover of 4747, it will move to 4785 – 4805 – 4830 Support around 4670 and breaking 4660, it will fall to 4610 – 4570 – 4530 Stock Future: Bajaj Auto crossing 1607, Buy on retracement at 1597 with Stop at 1594. TGT 1635 – 1655 Rel Infra breaking…
Market Outlook for 23rd November, 2011
Nifty Future: Rupee depreciation takes a toll on market. For the day, visible support near 4690. Upside resistance at 4835 Stock Future: Icici Bank can crack below yesterday’s low of 735. Reliance will face selling pressure below 778. Happy Trading C T Ramesh Raja
Market Outlook for 22nd November, 2011
Nifty Future: Its in downtrend and can fall to test earlier support of 4720. On upside it can face resistance around 4860 Stock Future: Today, Bajaj Auto / DLF / Dr reddy and Rel Infra can fall sharply. Happy Trading C T Ramesh Raja