Technical View:: Nifty, DLF and Jindal Steel & Power

Quotes with Resistance & Support

Market Information

Technical View:: Nifty, DLF and Jindal Steel & Power

Posted on: May 12th, 2012 at 11:02 am

Nifty: Nifty has turned weak technically. After recent fall can expect a small bounce back to 5000-5030 levels. If unable to sustain above these levels, selling pressure is likely to resume. On the downside could test 4800 if closes below 4890.

nifty

DLF: DLF is near strong supports near 175 levels. Its likely to see a bounce from here. Can head upto 200. On the downside, a close below 172, can take it lower to 158

dlf

Jindal Steel & Power: Jindal is nearing strong support levels of 450. Its likely to see a bounce from here. Can head upto 475-480. On the downside, if breaks 445, can head lower to 425-430.

jindal

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13 Responses

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vasudevan Says:
May 12th, 2012
Posted at: 6:20 pm
on friday 11-5-2012 i had bought banknifty shall it go up in this week or goes down only pls advice
CB Says:
May 12th, 2012
Posted at: 7:25 pm
Hi vasudevan, it does have some support near 9350. can test 9500. markets are expected to see some bounce from here.
Manish Says:
May 13th, 2012
Posted at: 8:43 pm
Hi do u have any paid service ... can u send me details at [email protected]
CB Says:
May 13th, 2012
Posted at: 9:50 pm
Hi Manish, no, other than SMS alerts for all calls given on the website, we do not have any paid service.
ian bell Says:
May 14th, 2012
Posted at: 3:53 pm
why market is recovering today from lows
vasudevan Says:
May 19th, 2012
Posted at: 1:04 pm
on 18-5-2012 i had buyed jetairways and tatamotors in upside what is the target for these stocks?
CB Says:
May 19th, 2012
Posted at: 1:07 pm
Hi ian bell, sbi posted good results
Hi vasudevan, jet can test 320 in coming days. hold it. news of price drop in jet fuel price is triggering an upmove.. tata motors can test 270.
manishk Says:
May 20th, 2012
Posted at: 11:45 pm
hi, CB maine friday ko 2 lot idfc short kiya tha tau ye kya niche aayega kya
CB Says:
May 21st, 2012
Posted at: 12:26 am
Hi manishk, it has strong resistance at 120-121 levels. hold for now. can test 113-114.
manishk Says:
May 21st, 2012
Posted at: 11:54 pm
hi cb, idfc aaj 121 fut me touch kiya tha, mai abhi bhi hold me hu
CB Says:
May 22nd, 2012
Posted at: 2:03 am
Hi manishk, yes, if possible hedge it with a 130 ce for now (june series)
nitin kumar singhal Says:
May 25th, 2012
Posted at: 3:49 pm
i want to learn good technical analysis can you suggest something
CB Says:
May 25th, 2012
Posted at: 3:53 pm
Hi nitin kumar singhal, you can download an ebook from here: http://www.mediafire.com/?2paeoqo6u6hsj4t