29 April, 2012

Relcapital Cmp 322.55

4/29/2012 01:24:00 PM



Relcapital Cmp 322.55
Stock Has Taken Support At Downward Channel And Previous High @ 315 Below Which Free Fall Is Expected Stock Is In Downtrend And Can Bounce Upto 350 Levels Approx. With Stoploss Of 366 For Tgt Of 315 And Lower Ema Slope Suggest More Downside. Advise To Short On Pulback To 350 Levels After Looking At Candle Behaviour Near Channel Resistance Or Below 315 Levels Only. Charts Looks Weak

Posted by Nifty Statistics
Labels: ,

Suzlon Cmp 21.35

4/29/2012 01:12:00 PM
















Suzlon Cmp 21.35
Stock Is In Downtrend And Had Taken Support @ 21 Levels Which Is Support Of Past Downtrend Close Avoid Longs In The Stock Below 32 As At Present No Sign Of Uptrend Is Seen In The Stock Below 21 Stock Can Make New Low Which Falls Below 17.

Posted by Nifty Statistics

Bankindia Cmp :-330.70

4/29/2012 12:34:00 PM
















Bankindia Cmp :-330.70
Stock Has Given Breakout From Its Trading Range Of 337 – 380 Towards New Range Of 337 – 292 Stocks Has Given Close Below Previous Month Low Of 340 Which Also Denotes Downtrend. But Advice To Always Short On Pull Back So There Is Less Risk We Get Many Opportunities In Trading But Always Patience Pays Reward. One Can Short On Pull Back To 345 – 355 Range With Sl Of 360 On Closing. Stock Is In Downtrend Which Is Seen From The Charts And Making Lower Lows Also 8 Ema @ 345 While 38% Retracement And 50 Ema @ 355 Which Is Also 50 % Retracement While 200 Ema Is @ 256 So Stoploss Should Be Above 200 Ema Which Is Safe.

Posted by Nifty Statistics

LT Cmp :-1220.25

4/29/2012 12:24:00 PM
















Lt Cmp :-1220.25
Stock Is In Range Bound Phase One Can Play Bounce Above 1243 For Tgt Of 1276 To 1300 As That Is Trendline Resistace And The Range Is Getting Narrowed. Buy With Small Stoploss And Book Profit At The Given Levels Or One Can Short On Pullback At The Given Level For The Target Of 1210 Below 1190 There Can Be Free Fall In The Stock Till 1000 Levels So Longs Are Risky At This Levels But Short Trade Can Be More Profitable If Taken At Resistance Line With Small Stoploss

Posted by Nifty Statistics

LITL CMP :-12.80

4/29/2012 12:12:00 PM



LITL CMP :-12.80
Avoid This Stock Expect Free Fall To Continue Till Rs.8/= Stocks Is At Channel Support And A Bounce Till 16-17 Can Be Expected If The Low Of 12.45 Is Hold On Closing. Risky Stock. As Seven Days Of Selloff Is Seen In The Stock.














Posted by Nifty Statistics

Hindalco Cmp :- 142

4/29/2012 12:05:00 PM


Hindalco Cmp :- 142
Stock Looks Bearish And Indicators Suggesting Pull Back Till Levels Of 153-156 Avoid Stock As Still In Downtrend Bullishness Above 156 Till 166 Only If Able To Close Above Trendline.















Posted by Nifty Statistics
Older PostsNewer Posts
Subscribe to: Posts (Atom)

This Site Is For Swing Calls For Period Of 3-5-10 Days And Shall Have Intraday Tools For Members.