Nifty future support at 4030
Resistance at 4116
There are too many shorts in the market , one can expect intraday bounce if 4030 holds , if we stay below 4030 after 2:30 p.m then we are sure to make a new low for the month,if you are short from 4400 then keep trailing stoploss at 4116.
Nalco is giving money daily if we buy at dips since the past 1week.
Even today we will follow the same way
PREMARKET LEVELS:
1.GAIL
Below 329 Sell for 327-325-321-316
above 333 Buy for 335-341
Note: If we open around 320 Then You can buy it for 322-326-328.5-333 ,Reversal Sell only below 316 for 314-310-298
2.ITC
Above 209 Buy for 211-214-217-220
Below 206.5 Sell for 204.5-200-199
note :If we open around 217 Then you can sell it for 215-213-211-209-206
,Reversal buy only above 220.5 for 222-225-228
3.NALCO
Above 278 buy for 280-283-287-290-310
below 275 Sell for 273-271-269
4.BPCL
Above 469 buy for 473-476-478-485
Below 466.3 Sell for 462-458
If we open around 476 You can sell for 472-468-462
Reversal buy only above 478.7 for 482-486-495
5.RCOM
Above 252 buy for 254-259-262-269
Below 249.5 sell for 247-243
If we open around 259.5 You can sell for 257-254-250 ,Reversal buy only above 262.6 for 264-270
6.NIFTY FUTURE
Below 4095 Favors the bears , below 4095-4080-4072-4055-4040
Above 4117 favors the Bulls, above 4117-4133-4160-4250
Resistance at 4116
There are too many shorts in the market , one can expect intraday bounce if 4030 holds , if we stay below 4030 after 2:30 p.m then we are sure to make a new low for the month,if you are short from 4400 then keep trailing stoploss at 4116.
Nalco is giving money daily if we buy at dips since the past 1week.
Even today we will follow the same way
PREMARKET LEVELS:
1.GAIL
Below 329 Sell for 327-325-321-316
above 333 Buy for 335-341
Note: If we open around 320 Then You can buy it for 322-326-328.5-333 ,Reversal Sell only below 316 for 314-310-298
2.ITC
Above 209 Buy for 211-214-217-220
Below 206.5 Sell for 204.5-200-199
note :If we open around 217 Then you can sell it for 215-213-211-209-206
,Reversal buy only above 220.5 for 222-225-228
3.NALCO
Above 278 buy for 280-283-287-290-310
below 275 Sell for 273-271-269
4.BPCL
Above 469 buy for 473-476-478-485
Below 466.3 Sell for 462-458
If we open around 476 You can sell for 472-468-462
Reversal buy only above 478.7 for 482-486-495
5.RCOM
Above 252 buy for 254-259-262-269
Below 249.5 sell for 247-243
If we open around 259.5 You can sell for 257-254-250 ,Reversal buy only above 262.6 for 264-270
6.NIFTY FUTURE
Below 4095 Favors the bears , below 4095-4080-4072-4055-4040
Above 4117 favors the Bulls, above 4117-4133-4160-4250
Wed Oct 05, 2011 12:39 pm by SHARETIPSINFO
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