Technical View:: Nifty, Castrol & JM Financial

Quotes with Resistance & Support

Market Information

Technical View:: Nifty, Castrol & JM Financial

Posted on: May 26th, 2013 at 3:14 pm

Click on the image to enlarge:

Nifty: Nifty after seeing some profit booking recently corrected from levels of 6200. It now nears strong support levels of 5950. If manages to hold onto support of 5950, can bounce back to 6100 levels in near term. A close below 5950 can take nifty lower to 5850. Next support below 5950 is at 5800.

nifty_daily_26-05-2013

Castrol India: Castrol India since Oct’12 was facing strong resistance at 330-335 levels. Recently it has managed to close above resistance of 335 and now seems can head upto 360-365 in near term. Strong support near 330-335

castrol_daily_26-05-2013

JM Financial: After the news of Ex-Citi Bank boss Vikram Pandit to lead JM fin banking, stock has been seeing quite a bit of buying interest. Technically, stock gave a good breakout above levels of 19.50. Stock can head upto 30-32 in near term.

jmfinancil_daily_26-05-2013

Email this Post to your friends

SMS Alerts, no more page refreshes required

Now get Intraday, Pre-market and market hour calls instantly through SMS for as low as for 1500rs for 3 months

name

cell no.

6 Responses

{ ADD YOUR OWN }

Harish Says:
May 27th, 2013
Posted at: 2:51 pm
Awesome call on nifty sir. :) just like always
CB Says:
May 27th, 2013
Posted at: 2:54 pm
Hi Harish, thanks. most welcome.
Hrisikesh Says:
June 4th, 2013
Posted at: 9:36 am
Booked in Castrol at 370. thanks for the call
CB Says:
June 5th, 2013
Posted at: 2:07 am
Hi Hrisikesh, most welcome.
Ashraf Says:
June 6th, 2013
Posted at: 10:51 am
Hi CB, very good predictions!
CB Says:
June 9th, 2013
Posted at: 4:10 pm
Hi Ashraf, thanks.