Nifty Bhavishya
Observations & Possibilities:
- Nifty has turned bearish for long term today.
- 4620 is the second target in short term for Nifty.
- 4200 is possible in few months on NIfty.
- Intermediate trend of Nifty will turn UP if it closes above 5035.
- Moderate risk for fresh long term investment.
- Fresh Long Term bearish stocks : Tata Power , Ranbaxy , Praj Ind. , United Spirits , SAIL , Sonata Soft , PTC India ltd. , Pantaloon Retail , JSW Steel , IVRCL Infra. , IRB Infra , IDFC , Infosys , GVK Power , FSL , Chambal Fert. , Bombay Dying ,
Market Technicals:o
Market Breadth : 0.30
Market Trends : Short term trend of market is down. Intermediate trend is DOWN.
Intermediate trend of market will turn UP if market closes above 5105 for Nifty.
Support levels for Nifty are 4800 , 4680 , 4620 , 4200 , 3500.
Resistance levels for Nifty are 4840 ,4960 , 5050 ,5120 ,5200,5280 , 5340 , 5400
-Nishant Kalaskar.(9881575125)
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SWING Trading Calls
About Calls:
- Daily Buy calls for delivery .
- Nifty Option trading calls.
- Time Frame 3 to 10 trading sessions.
- Unique Stop points to protect your Capital & Profit.
- Easy to Implement.
- Receive Calls in your email
Tags: Bombay Dying, breakout stocks, Chambal Fert., FSL, GVK Power, IDFC, Infosys, IRB Infra, IVRCL Infra., JSW Steel, Nifty, nifty bhavishya, Pantaloon Retail, Praj Ind., PTC India ltd., Ranbaxy, SAIL, Sonata Soft, Tata Power, United Spirits
This entry was posted on Tuesday, May 25th, 2010 at 3:36 pm and is filed under Daily Updates. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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