Buying Seen in Satyamcomp .... Buy at 168 sl 163.50 tgt 175 >> 179
Buy Axis Bank at 515 sl 509 tgt 520 >> 525 ; if goes below 506 sell with a stop loss of 511 lower side till 498 >> 492
Accumulation seen in Punjloyd this counter may rally; Buy at 147 sl 143 upside till 155
Buy IBREALEST at 131 apply sl 125 upside till 138 >> 142
SELL PNB at 532-535 SL 538 TGT 524 >> 511 >> 503 >> 498 (near to 1st @ 526 tgt book porfits )
Buying seen in SUZLON:- buy at 63.75 stop-loss 61 target 68...
(* follow strict stop losses today)
Covering all the Daily Updates From The Indian Stock Market To Help You In Investing To Get Maximum Gains.
Wednesday, December 31, 2008
Important levels & positional signals
Bank Nifty Futures Jan 09 - Pivot - 5050
Support - 4958 - 4840 - 4748
Resistance - 5168 - 5260 - 5378
Support - 4958 - 4840 - 4748
Resistance - 5168 - 5260 - 5378
Nifty Futures Jan 09 - Pivot - 2967
Supports - 2915 - 2855 - 2806
Resistance - 3024 - 3073 - 3133
Supports - 2915 - 2855 - 2806
Resistance - 3024 - 3073 - 3133
Positional Buy signals - 31-12-2008
PUNJLLOYD - Buy at 150 sl 144 upside till 157 >> 165
IFCI - Buy at 22 Sl 20.7 upside till 25 >> 27
SUZLON - Buy at 63 Sl 58 upside till 67 >> 71
GTLINFRA - Buy at 29 Sl 25.7 upside till 35 >> 39
JPHYDRO -Buy at 30 Sl 26.5 upside till 35 >> 38
RECLTD - Buy at 73 SL 69 upside till 79 >> 86
PTC - Buy at 68 sl 65 tgt 72 >> 78
PFC - Buy as a longterm investment tgt 155 >> 163
Market View Dec31, 2008
Good Morning....!!
Today's NIFTY Levels : PIVOT 2967.30
Resistance : 3031.6 >> 3076.30 >> 3140.60
Supports : 2922 >> 2858.30 >> 2810
Today we will bid a farewell to the troublesome calender year... 2008 by opening the days trade Positive (around 25 points Up).
The GLobal indices showed strength in the yesterday's trading session ......
DOW +2.1% NASDAQ +2.6%
Asian Indices: STRAIT -0.2% - SHANGHAI +0.1% - Hangseng +1.6%
Nifty will show strength to end the calender year in a happy note. But we may experience selling at the highs, we request you to book profit at the highs and build shorts witha strict stip losses .
Yesterday Nifty bounced exactly from supports & closed in gains. (Yesterday support suggested was 2899 & Nifty made low of 2899.75 & bounced 70+ pts) .
Nifty's immediate resistance zone is now @ 2990-3030. Till we close above 2880, Longs are safe.
Still dont carry naked shorts/longs, be hedged, to minimise chances of loss. keep the levels in tag to book profit or loss .
Today's NIFTY Levels : PIVOT 2967.30
Resistance : 3031.6 >> 3076.30 >> 3140.60
Supports : 2922 >> 2858.30 >> 2810
Today we will bid a farewell to the troublesome calender year... 2008 by opening the days trade Positive (around 25 points Up).
The GLobal indices showed strength in the yesterday's trading session ......
DOW +2.1% NASDAQ +2.6%
Asian Indices: STRAIT -0.2% - SHANGHAI +0.1% - Hangseng +1.6%
Nifty will show strength to end the calender year in a happy note. But we may experience selling at the highs, we request you to book profit at the highs and build shorts witha strict stip losses .
Yesterday Nifty bounced exactly from supports & closed in gains. (Yesterday support suggested was 2899 & Nifty made low of 2899.75 & bounced 70+ pts) .
Nifty's immediate resistance zone is now @ 2990-3030. Till we close above 2880, Longs are safe.
Still dont carry naked shorts/longs, be hedged, to minimise chances of loss. keep the levels in tag to book profit or loss .
Subscribe to:
Posts (Atom)