Nifty future Resistance at 4491
Support at 4417/4380
15-20% Index move expected for August -September
Any 2 consecutive closes below 4475 ,we are heading towards 3800 levels.
Only if we are able to close above 4570 in the coming days trend reversal can take place and further 4660 needs to be crossed for 5200+ for the period Aug-Sep
PREMARKET LEVELS :
1.RANBAXY
Above 300 buy for 303-306-312-320-345
Below 297 Sell for 294-291-283-270
2.WIPRO
above 495 buy for 499-505-515-530
Below 490 Sell for 486-480-469-450
3.RCOM
Above 248 buy for 250-253-256-265
Below 245 Sell for 243-240-235-223
4.HEROHONDA
Below 1406 Sell for 1396-1382-1365-1312
Above 1422 Buy for 1432-1448-1465-1490
5.BPCL
Above 513 buy for 518-524-537-560
Below 507 Sell for 502-495-480-465
6.CIPLA
Below 268 Sell for 266-264-261-256-248-235
Above 271 buy fr 273-276-280-289
7.NIFTY FUTURE
Below 4491 Sell for 4480-4466-4442-4429-4417-4380-4306-4250-4156
above 4529 buy for 4540-4555-4580-4612-4650-4850
If we trade near 4417 after open then you can buy for 4430-4445-4470-4512-4560
Good luck
Support at 4417/4380
15-20% Index move expected for August -September
Any 2 consecutive closes below 4475 ,we are heading towards 3800 levels.
Only if we are able to close above 4570 in the coming days trend reversal can take place and further 4660 needs to be crossed for 5200+ for the period Aug-Sep
PREMARKET LEVELS :
1.RANBAXY
Above 300 buy for 303-306-312-320-345
Below 297 Sell for 294-291-283-270
2.WIPRO
above 495 buy for 499-505-515-530
Below 490 Sell for 486-480-469-450
3.RCOM
Above 248 buy for 250-253-256-265
Below 245 Sell for 243-240-235-223
4.HEROHONDA
Below 1406 Sell for 1396-1382-1365-1312
Above 1422 Buy for 1432-1448-1465-1490
5.BPCL
Above 513 buy for 518-524-537-560
Below 507 Sell for 502-495-480-465
6.CIPLA
Below 268 Sell for 266-264-261-256-248-235
Above 271 buy fr 273-276-280-289
7.NIFTY FUTURE
Below 4491 Sell for 4480-4466-4442-4429-4417-4380-4306-4250-4156
above 4529 buy for 4540-4555-4580-4612-4650-4850
If we trade near 4417 after open then you can buy for 4430-4445-4470-4512-4560
Good luck
Wed Oct 05, 2011 12:39 pm by SHARETIPSINFO
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