NIFTY TIPS :TODAY: Finally support broken 5330 time to sell side...below 5195 further weakness and may test 5110 and below.
BANK NIFTY : Over all trend is bearish and trading range continue is 10300 to 11400 in near term. In the current it was closed near to support level 10500...and rise it will face resistance 10850-10950 and down side support 10300 watch out. As a long term view trend is up but short term say 3-6 months trend is down or sideways We may consider near term strong support 10300, decisively break with volume could trigger a fresh decline and heading towards 9500-9000 mark, on the higher side 11500 is a cap and successfully move above will test 1200012500 in near term. For long term horizon investors buying opportunity at 9500-9000 level for target 14000 in next 12-30 months.
Today: Yesterday tested 10335 again support level. Now today resistance 10630-10700, reversal to sell side.
Nifty Future
Now Today: We may consider resistance 5330...decisively crossover and stay with volume it will show strength and likely test ............ lower level strong support 5200...?............. decisively break with volume another round of panic and may test ...? Near the major support... Watch out major support 5328....HDIL
Now support broken 160 -
Time to sell on rise strategy...
Lower level target......
INFOSYS
Bearish breakout out...
Below 2700 more down side.
BATA INDIA LTD
Time to sell on rise...
Lower level target 500 - thereafter....
DISH TV
Looks up move over... First sign of weakness
Once break 85... now there is no need to buy..
BHARTI TELE
Excellent strength in falling market
From 375 t0 392
Time to book profit..
LIC LTD
Below 230 do not remain long
In this counter.
GTL - GTL INFRA
100% Some thing wrong
Rare seen such type of dumping.
Best way to avoid. ...
BHEL
Negative divergence on the chart
Consider resistance 1950-1960
And time to sell. Once break.....?
Subscribe to get free intraday trading tips on mobile............
Categories:
free-intraday-trading-tips-on-mobile
