Markets likely to open positive. Nifty has strong resistance at 4520. If we manage to cross this we could see 4800 in short term, else a retracement back to 4300. Buy ONGC for a target of 1210, stoploss: 1145 If markets see profit bookin…
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F&O Outlook: Strong resistance above 4,400 levels
Posted on: May 21st 2009 in Market Outlook.
Trading action shifted to small and mid-cap stocks. Hence, as expected, the Nifty closed below 4,300 levels at 4,270. It is difficult to predict the index movement from the current level as the overall trend is up. The Nifty June futures closed at 4,299, 30 points premium to the spot, whi…
Intraday calls for 19-05-09
Posted on: May 19th 2009 in Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.
Markets likley to open positive following global queues. Not giving any buy calls as I am not sure if today’s positive opening could sustain if profit booking comes in. If we see profit profit booking later during the day, Short sell: Reliance Industries and IFCI …
Market Review for 19th May 2009
Posted on: May 18th 2009 in Market Outlook.
BSE Sensex: (14243) we said a ‘2 day breakout is not ruled out’ and we got a beautiful technical breakout from a good consolidation, we are likely to yet again see a sustained up move…. possibly until 21st May 2009, which happens to be as pressure day one more day. The support for …
Market Review for 14th May 2009
Posted on: May 13th 2009 in Market Outlook.
BSE Sensex: (12020) the market missed making a new high by just few points and profit booking came in…the point to watch would be 12272 and if that gets taken out then we might see a new high otherwise the market could see some more profit booking. 14th may 2009 is a strong pressure day…
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