Nifty Resistance at 4860
Support at 4760
If we trade above 4850 fut after 3:20 p.m ,we can have pull back rally upto 5000 levels ,though the trend of the market is down and targetn 4500 in coming days,pull back can last upto 5000 levels & being a weekend avoid taking naked position in either side of the market.
PREMARKET LEVELS :
1.BANK OF BARODA
Buy above 530 sl 524 target 545-560
2.RELINFRA
Sell below 1077 sl 1089 target 1045-1010
3.GMRINFRA
Sell below 57.5 sl 58.5 target 56-54
4.HDIL
Sell below 318 sl 322 target 308-300
5.NIFTY FUTURE
Above 4793 favors the Bulls ,above 4793-4805-4815-4830-4845-4868-4898-4925-4970-5050-5176-5250-5350
Below 4770 Favors the bears
Below 4764-4758-4740-4712-4677-4650-4620-4585-4532-4501
Good luck
Support at 4760
If we trade above 4850 fut after 3:20 p.m ,we can have pull back rally upto 5000 levels ,though the trend of the market is down and targetn 4500 in coming days,pull back can last upto 5000 levels & being a weekend avoid taking naked position in either side of the market.
PREMARKET LEVELS :
1.BANK OF BARODA
Buy above 530 sl 524 target 545-560
2.RELINFRA
Sell below 1077 sl 1089 target 1045-1010
3.GMRINFRA
Sell below 57.5 sl 58.5 target 56-54
4.HDIL
Sell below 318 sl 322 target 308-300
5.NIFTY FUTURE
Above 4793 favors the Bulls ,above 4793-4805-4815-4830-4845-4868-4898-4925-4970-5050-5176-5250-5350
Below 4770 Favors the bears
Below 4764-4758-4740-4712-4677-4650-4620-4585-4532-4501
Good luck
Wed Oct 05, 2011 12:39 pm by SHARETIPSINFO
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