02-08-2010 to 06-08-2010, WEEKLY TREND

I expect NIFTY SPOT to trade rangebound. New series started with light OI indicating traders are not confident about further up move. NIFTY SPOT will face R 5410-5420, 5440-50. I will prefer to watch 5440-50 levels for further up move. Failed to cross these levels will attract fresh shorts in market. On contrary sustainable up move above these levels will open door for fresh up move which looks difficult in current situation. On up side, NIFTY SPOT strong R 5480-90. NIFTY SPOT will take S 5280-90. Break below 5270 levels will warn about possible correction. NIFTY SPOT strong S 5220-30 for next week. Stock specific action will remain in market.


Monday, December 7, 2009

07.12.09 NIFTY-BANK NIFTY-STOCKS INTRADAY LEVELS

07.12.09



NIFTY FUTURE:
BA 5127, SL 5111, T 5152.50,5179,5205.75,5232


SB 5104, SL 5120, T 5079.20,5052,5025.95,4999



BANK NIFTY:
BA 9259, SL 9239, T 9286.40,9316,9346.40,9376


SB 9232, SL 9251, T 9203.90,9174,9143.90,9114




BANK INDIA:
BA 394.40, SL 393.20, T 396.25,398.20,400.20,402.15


SB 392.70, SL 393.90, T 390.85,388.90,386.90,384.95




EDUCOM:
BA 753, SL 749, T 758.70,765.05,771.40,777.70


SB 747, SL 751, T 741.30,734.95,728.65,722.30




GAIL:
BA 415.50, SL 412.40, T 421.05,426.70,432.40,438.05


SB 411, SL 414.05, T 405.45,399.80,394.15,388.45




TATAMOTOR:
BA 713.45, SL 708.15, T 723.25,733.20,743.20,753.15


SB 705.65, SL 710.95, T 695.85,685.90,675.90,665.95

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