Bank Nifty is facing some stiff resistance at 9950 levels and the bulls are trying very hard to surpass this but in vain. SELL BANKNIFTY @ 9985-10030 levels. Enjoy the profits !
RIL woke up yesterday and showed some wild swings during the second half of the trading lifting sentiment and markets. RIL has crossed its 61.8 % level and stochastics at 94.8 clearly shows this baby will soon pop !
Dump the B**** !!!
BUY above 855 for targets of 862, 869, 877 SL 848
SELL below 848 for targets of 841, 834, 826 S 855
Our projected high for the day 860-865 and low 833
LT itself has now entered the overbought area, stochastics at 90 RSI @ 60. We should soon see some heavy selling within this too - Get out before its too late.
BUY above 1712 - targets - 1721, 1731, 1742 SL 1701
SELL below 1701 - targets - 1692, 1681, 1671 SL 1712
Our projected high 1743 and low 1685
BHEL has now come close within its trading range and now faces stiff resistance.
SELL below 1775 - targets 1765,1755,1743 SL1785
Our Projectd High 1792 Low 1742
Buy Nifty above 5166 for targets of 5188 , 5199, 5217, 5235 SL - 5148
Sell Nifty below 5148 for targets of 5132, 5114, 5096, 5079 SL 50130Nifty should move side ways but get weak during the second half of the trading session !
Have a good weekend
Great tips and very accurate and good research - as I write RIL has hit an intraday low of 826.35 as mentioned by you above. Great work - keep it up!
ReplyDeletebest wishes
Sandeep Doshi