Oil India IPO Opens on 7th Sep. 2009
DIRECTION of the INDIAN STOCK MARKET 20.07.2009
4307 to 4490
BELOW @ 4409 level, it will be in BEARISH TREND. SELLING is suggested with SL of 4417 level for the target @ 4330 to 4307 levels;
Regarding BULLISH TREND, BUYING is suggested @ the level of 4417 with SL of 4409 Target @ 4473 to 4490 levels.....!!!
TATA STEEL FO CLOSED @ RS. 390
POSITIVE TREND @ Rs. 381 with SL @ Rs 373 for the target of Rs. 403 to 413 levels...!!!
AXIS BANK FO CLOSED @ RS. 857
POSITIVE TREND @ Rs. 847 with SL @ Rs 834 for the target of Rs. 878 to 881 levels...!!!
SAIL FO CLOSED @ RS. 168
POSITIVE TREND @ Rs. 163 with SL @ Rs 159 for the target of Rs. 179 to 181 levels...!!!
The strong upward momentum is likely to continue.
But Crossing and Closing above the 15000-15100 will be challenging.
Sensex Resistance 14856-14955-15097-15257. Support 14630-14439-14179-14016.
Nifty Resistance 4406-4439-4479-4509. Support 4333-4285-4249-4205.
DIRECTION of the INDIAN STOCK MARKET 20.07.2009
4307 to 4490
BELOW @ 4409 level, it will be in BEARISH TREND. SELLING is suggested with SL of 4417 level for the target @ 4330 to 4307 levels;
Regarding BULLISH TREND, BUYING is suggested @ the level of 4417 with SL of 4409 Target @ 4473 to 4490 levels.....!!!
TATA STEEL FO CLOSED @ RS. 390
POSITIVE TREND @ Rs. 381 with SL @ Rs 373 for the target of Rs. 403 to 413 levels...!!!
AXIS BANK FO CLOSED @ RS. 857
POSITIVE TREND @ Rs. 847 with SL @ Rs 834 for the target of Rs. 878 to 881 levels...!!!
SAIL FO CLOSED @ RS. 168
POSITIVE TREND @ Rs. 163 with SL @ Rs 159 for the target of Rs. 179 to 181 levels...!!!
The strong upward momentum is likely to continue.
But Crossing and Closing above the 15000-15100 will be challenging.
Sensex Resistance 14856-14955-15097-15257. Support 14630-14439-14179-14016.
Nifty Resistance 4406-4439-4479-4509. Support 4333-4285-4249-4205.