Technical View :: Nifty, DLF, IDFC & JSW Steel

Quotes with Resistance & Support

Market Information

Technical View :: Nifty, DLF, IDFC & JSW Steel

Posted on: December 16th, 2011 at 2:30 am

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Nifty: Nifty continues to find support at 4680-4700 levels. It has managed to see a bounce from these quite a few times in the last 3 months. Fresh shorts can be initiated once it manages to break 4680 on closing basis.

nifty2

DLF:
DLF is finding good support in the 195-200 zone. Possible tests 210-212 on the upside if markets see a small bounce. If manages to break support at 195 in coming days, can head lower to 180-185 levels.

dlf

JSW Steel:
JSW Steel does look weak. Below 530, can take it lower to 505-510 levels.

jsw-steel

IDFC:
IDFC has good support at 101 levels. on the upside can test 112 if markets improve a bit.. If manages to break support at 101 in coming days, can test 95.

idfc

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19 Responses

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Comment pages: 12Show all

Ravi Says:
December 19th, 2011
Posted at: 8:57 am
CB sir, what would be nifty strategy. shall we go short or long in nifty at market open?
CB Says:
December 19th, 2011
Posted at: 8:58 am
Hi Ravi, no call at opening.. if in intraday see a small bounce, can go short.
Ravi Says:
December 19th, 2011
Posted at: 8:59 am
ok sir at what level?
CB Says:
December 19th, 2011
Posted at: 9:00 am
Hi Ravi, around 4650-4660
Ravi Says:
December 19th, 2011
Posted at: 9:05 am
thank u sir.
CB Says:
December 19th, 2011
Posted at: 9:06 am
Hi Ravi, most welcome.
bhumi Says:
December 19th, 2011
Posted at: 2:54 pm
yar kahi job lagwado
margit trivedi Says:
December 19th, 2011
Posted at: 10:56 pm
good support and thnks for guideline
kalpeshmaniar Says:
December 20th, 2011
Posted at: 1:06 am
The bearish outlook is increasing, regardless of the headlines I feel that the bull rally is building up. The economic data of developed countries is actually showing promising signs, companies have more cash and this does not look like bleak picture to me. Risk reward ratio is skewing towards buyers. please visit http://www.kalpeshmaniar.com for accurate forecasting of markets
aby Says:
December 22nd, 2011
Posted at: 3:45 pm
please Advice Ab0ut Pipavav Defence & Offshore Engineering Company Ltd is it a g00d c0. t0 buy at this rate
ravii Says:
December 22nd, 2011
Posted at: 3:46 pm
Hello CB,
According to nifty chart...hope can move towards 4800..as its crossed 4680-4700
sandip das Says:
December 24th, 2011
Posted at: 11:37 am
nifty can go 4800 monday
tamajit ganguly Says:
January 19th, 2012
Posted at: 1:49 am
i have 660 share DLF @194. sell or hold ????????
CB Says:
January 19th, 2012
Posted at: 3:39 am
Hi bhumi, can you please forward your resume at [email protected]. I can try forwarding it to my contacts
Hi margit trivedi, you are always welcome
Hi kalpeshmaniar, thanks
Hi aby, yes, its fundamentally a good bet. as of now enter it in small quantity
Hi tamajit ganguly, its a hold. has some resistance at 203. above this can see 220
Jay Says:
September 10th, 2012
Posted at: 9:07 am
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