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Saturday, April 9, 2011

Market and Stock Level in Coming Days

NIFTY-LONG TERM NIFTY HAVE RESISTANCE AT 6020. SO NIFTY CAN CONSOLIDATE AT THAT POINT,FOR LONG POSITION ITS BETTER TO BOOK PROFIT AT THAT POINT. AND THAT POINT HV A NEW POSITION IN SHORT FOR A 200 NIFTY POINT.CALL IN NIFTY-SHORT NIFTY IN BETWEEN 5980-6020 WITH A SL 6080 TARGET IS 5850 5750.

BANK NIFTY--FOR LONG POSITION 12100 IS VERY GOOD RESISTANCE.LONG POSITIONS TRADERS CAN BOOK PARTIAL PROFIT AT THAT POINT AND WAIT FOR NEXT SUPPORT NEXT SUPPORTS LEVEL IS 11500 AND 11300.

STOCKS IN BANK NIFTY
AXIS BANK:-
LONG POSITIONS CAN BOOK PROFIT IN BETWEEN 1460-1480 AND CAN ALSO SHORT THIS STOCK IN BETWEEN THESE LEVELS,TARGET ARE 1405 AND 1370 WITH A SL 1510.
ICICI BANK:-
ICICI BANK PROFIT BOOKING ZONE IS 1150-1170 LONG TERM TRADERS CAN BOOK PROFIT AT THESE POINTS.AND ALSO HAVE A SHORT POSITIONS IN BETWEEN 1150-1170 WITH A TARGET OF 1100 1070 WITH A SL 1200.
IDBI BANK:-
THIS STOCK SHOW VERY WEEK PATERN 155 IS HUGE RESISTANCE FOR THIS STOCK CROSS OVER CAN G0 162 166 BUT IF START FALL FROM THIS ZONE CAN GO 146 141 SO SHORT THIS STOCK IN BETWEEN 155-157 WITH A TARGET OF 146 AND 141 WITH A SL 160.
PNB BANK:-
LONG TERM TRADER CAN BOOK PROFIT IN BETWEEN 1240-1260 AND SUPPORT LEVEL OF THIS STOCKS ARE 1170 AND 1140.

CNX-IT:-

VERY BULLISH SECTOR HAVING HUGE SUPPORT 7170 AND 7040.DO NOT SHORT THIS SECTORS, LONG POSITION TRADERS STILL HAVE VERY GOOD POTENTIAL.
TCS AND INFOSYS ARE VERY GOOD AND BULLISH STOCKS OF THIS SECTORS.INFOSYS HAVE VERY GOOD SUPPORT AT 3150 BELOW THIS STOCK IS SHOWING SOME SELLING.IF MAINTAIN THIS LEVEL HAVE A POTENTIAL TO GO 3500 AND 3700.

REALITY:-

VERY BEARISH SECTOR IN MARKET SOME STOCKS STILL CTRYING TO CROSS RESISTANCE.
DLF:-
DLF HAVE VERY HUGE RESISTANCE AT 280.THIS LEVEL WILL BE VERY BIG PROFIT BOKING ZONE FOR FII AND DII.FOR COMING IN BULLISH ZONE HAVE TO CROSS 280 AND CLOSE ABOVE 280 FOR 2-3 DAYS.BIG CHANCE TO FALL FROM THIS LEVEL IF WILL NOT CROSS THIS LEVEL THAN NEXT TARGET WILL BE 251 232.
HDIL:-
TODAY CROSSED VERY HUGE RESISTANCE 190 AND CLOSE ABOVE THIS LEVEL.BUT 210 WILL BE GOOD LEVEL FOR PROFIT BOOKING.STILL NO LONG POSITION IN THIS STOCK.AND HAVE GOOD OPPORTUNITY TO DO SHORT AND WILL HAVE GOOD RETURN IN SHORT.
UNITECH:-
VERY BEARISH STOCK IN RELIATY 46 IS GOOD RESISTANCE BUT COME IN BULLISH ZONE WILL HAVE TO CROSS 57 ND YOU CAN BOOK PROFIT AT 46 AND 50 IF HAVE POSITIONS AT LOWER LEWEL.AT LOWER HAVE A SUPPORT 42 AND 40.
JPASSOCIATE:-
STILL IN PROFIT BOOKING ZONE BELOW 96 CAN GO 92 89 IF BREAK THESE LEVEL EXIT FROM LONG POSITONS NEXT TARGET IS 81 AND 77 .THOSE WHO HAVE LOWER LEVEL POSITION CAN BOOK PROFIT AT 97 IF WILL CROSS 100 THAN 106 AN 116 ARE PROFIT BOKING LEVELS.BUT HAVE TO EXIT ALL POSITION IF BREAK 89 AND CLOSE BELOW 89 FOR 2-3 TRADING SESSION.

AUTO:-

M&M:-
LONG TERM RESISTANCE IS 760.FOR SHORT HAVING GOOD TRADE,SHORT IN BETWEEN 755-770 TARGET 720 700 WITH A SL 790.
MARUTI:-
FOR LONG TERM 1330 IS VERY HUGE RESISTANCE IF WILL CROSS THIS LEVEL NEXT TGT IS 1430 1480.FOR LONG POSITION BOOK PARTIAL PROFIT AT 1330 AND HAVING A SHORT POSITION TARGET ARE 1280 AND 1250 WITH A SL 1350.
TATAMOTORS:-BULLISH STOCK OF AUTO SECTORS IF WANT TO HAVE LONG POSITION IN THIS STOCK HAVE TO WAIT FOR 1210 OR 1190 LEVELS.TARGET FOR LONG POSITIONS IS 1370.

PHARAMA:-

SUNPHARMA:-
SUNPHARMA PROFIT BOOKING ZONE IS 460-470. THIS STOCK IS WEEK BELOW 437 TARGETS ARE 422 412. ABOVE 470 HOLD YOUR LONG POSITION FOR 500 520.

RANBAXY:-
VERY WEEK STOCK HAVING VERY GOOD RESISTANCE AT 480 CROSS OVER OF THIS LEVEL WILL GO TO 510 BT HAVE TO EXIT FROM LONG POSITIONS AT THAT LEVEL.STOCK WILL FALL FROM THAT LEVEL.
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