- Buy BHEL @ 1278 sl 1245 tgt 1309 >> 1335
- BuyPRAJIND @ 59 sl 52 tgt 67 >> 72
- BUY SBIN @ 1255 sl 1234 tgt 1278 >> 1295 >> 1309
Covering all the Daily Updates From The Indian Stock Market To Help You In Investing To Get Maximum Gains.
Monday, December 29, 2008
Positional buy signals - Dec 29, 2008
Intraday Trading Signals DEC29,2008
- RPL looks good today, BUY above 87.25 SL 85.5 Tgt 89-91
- NTPC sell above 175 sl 178.90 downside till 169 >> 166
- HDIL buy at 125 stoploss 121 target 130 >> 132.50
Market View Dec29, 2008
Nifty: Resistance 2880/2899/2928/2990
Support 2856/2828/2770
Nifty: Nifty is not able to maintain highs & as said its cracking & closed below crucial support of 2880. Rumours round the corner regarding India & Pakistan war made markt go dizzy on last trading day. Our market may open flat/negative. Second stimulus package is to be announced this week, which may give some boost.Asian Market trading marginal negative.
NIFTY, For today trading the level of 2854 would act as trend decider, Break will take this to 2808 & there after free fall could even take this to 2770 mark. Upper side immediate hurdle exist at 2921 which has to watch out carefully, Cross over will take this to 2956 & there after the level of 2987 is also possible..!!!
Support 2856/2828/2770
Nifty: Nifty is not able to maintain highs & as said its cracking & closed below crucial support of 2880. Rumours round the corner regarding India & Pakistan war made markt go dizzy on last trading day. Our market may open flat/negative. Second stimulus package is to be announced this week, which may give some boost.Asian Market trading marginal negative.
NIFTY, For today trading the level of 2854 would act as trend decider, Break will take this to 2808 & there after free fall could even take this to 2770 mark. Upper side immediate hurdle exist at 2921 which has to watch out carefully, Cross over will take this to 2956 & there after the level of 2987 is also possible..!!!
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