Showing posts with label infosys results q2 2011. Show all posts
Showing posts with label infosys results q2 2011. Show all posts

Wednesday, 12 October 2011

Nifty Intraday Oct' 12th

Nifty Spot 
Buy at / above: 4987.89   Targets: 5003.05 - 5020.75 - 5038.47 - 5056.23 Stoploss : 4970.25
Sell at / below: 4970.25   Targets: 4955.11 - 4937.53 - 4919.97 - 4902.45 Stoploss : 4987.89



INFY was a great call for yesterday. We sincerely appreciate all your emails and notes.

Nifty has now become bullish and we expect it to touch 5130 within the next 2 days. Infosys results still worry us to a certain degree however Bank Nifty (9178) has now turned bullish and the next resistance comes in @ 9500 which could compensate for the heavy weights losses. LT and SBIN could show some promising and violent upmoves.
SBIN
Buy at / above: 1774.51   Targets: 1784.16 - 1794.74 - 1805.34 - 1815.98 Stoploss : 1764
Sell at / below: 1764   Targets: 1754.39 - 1743.93 - 1733.5 - 1723.11 Stoploss : 1774.51


CLOSE YOUR SHORT POSITIONS FOR THE TIME BEING.