Nifty Future: Resistance around 6380 and crossover of 6387, will move to 6430 – 6480 Support around 6305 and breaking 6286, will fall to 6245 – 6195 Stock Future: Buy Axis bank above 1185 with Stop at 1174. TGT 1198 – 1220 Short JSW Steel around 1002 with Stop at 1005. TGT 982 – 967…
Nifty Future: Oflate, Nifty keeps forming Inside Bar quite often with a small range and on next day Spread getting elongated. Yesterday was an Inside bar and today it should expand the range to make sense in trading. For today’s trading unless it crosses 6316, any rise will fizzleout and on lowerside support exist around…
Nifty Future: Resistance around 6329 and crossover of 6336, will move to 6380 – 6430 Support around 6241 and breaking 6234, will fall to 6190 – 6140 Stock Future: Buy ICICI Bank above 1065 with Stop at 1054. TGT 1083 – 1104 Buy Maruti around 1755 with Stop at 1752. TGT 1780 – 1800 Good…
Nifty Future: Last Friday there was a huge short covering in morning session and it was pushed to resistance level of 6269 and at higher levels got distributed and crashed all the way to 6167, evaporating more than 100 points from the day’s high. As mentioned in earlier posts, Nifty will continue to face pressure…
Nifty Future: Resistance around 6225 and crossover of 6231, will move to 6275 – 6325 Support around 6173 and breaking 6167, will fall to 6123 – 6074 Stock Future: Buy JSW Steel above 1032 with Stop at 1021. TGT 1054 – 1065 Buy LT around 968 with Stop at 961. TGT 984 – 1003 Good…
Nifty Future: Yesterday again made Inside Bar with a very small spread of 34 points, but underlying strength of Nifty continue to be weak since many Index constitutent Stocks are in sell mode. The buying momentum exists only in handful of stocks like Dr Reddy, Jsw Steel, Maruti and TCS. With few stocks in buy…
Nifty Future: Resistance around 6221 and crossover of 6228, will move to 6271 – 6321 Support around 6134 and breaking 6128, will fall to 6085 – 6035 Stock Future: Short Axis Bank around 1246 with Stop at 1249. TGT 1226 – 1207 Buy Maruti around 1843 with Stop at 1840. TGT 1870 – 1890 Short…
Nifty Future: Resistance around 6230 and crossover of 6250, will move to 6280 – 6318 Support around 6169 and breaking 6163, will fall to 6120 – 6070 Stock Future: Buy ICICI Bank above 1046 with Stop at 1035. TGT 1064 – 1084 Buy Reliance capital around 356 with Stop at 352. TGT 366 Good Luck…
Nifty Future: The range for today’s trading could be 6270 – 6155. In the event of pullback, it can do between 6315 to 6330 but will find it difficult to cross 6385. Stock Future: For today’s trading Auro Pharma and Maruti can moveup and Reliance and Tata Steel will be down. Join the Chat room…
Nifty Future: Resistance around 6305 and crossover of 6312, will move to 6355 – 6405 Support around 6217 and breaking 6211, will fall to 6167 – 6118 Stock Future: Short ACC around 1114 with Stop at 1120. TGT 1096 – 1075 Buy Rel Infra around 407 with Stop at 403. TGT 418 – 430 CURRENCY:…