Technical View:: Nifty, Hindalco, DLF & DrReddy’s

Quotes with Resistance & Support

Market Information

Technical View:: Nifty, Hindalco, DLF & DrReddy’s

Posted on: June 16th, 2012 at 4:29 pm

Click on charts to enlarge.

Nifty: Technically nifty has turned a bit strong. A close above 5150 can take nifty higher to 5250-5280 levels. On the downside has good support at 5050-5080 levels.

nifty

Hindalco: Hindalco is facing resistance at 126 levels. Above this can head upto 133-135. Good support at 120-123

hindalco

DLF: DLF faces resistance at 200 levels. A close above 200 can take it higher to 215-222. Good support in the 188-190 zone.

dlf

Dr.Reddy Technically this stock has now entered a downtrend. Can look to go short on it on rise near 1590-1600 levels. Can test 1520 in coming days. Strong resistance at 1640-1650

dr-reddy

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8 Responses

{ ADD YOUR OWN }

rajeswari Says:
June 18th, 2012
Posted at: 1:10 pm
buy tatasteel
kd singh Says:
June 18th, 2012
Posted at: 3:44 pm
can i purchased mcdowell
kd singh Says:
June 18th, 2012
Posted at: 3:46 pm
can i buy mcdowell at 640
CB Says:
June 19th, 2012
Posted at: 8:28 am
Hi kd singh, it does have good support in the 640-650 zone. can add in small quantity here.
HITESH DIWAN Says:
June 29th, 2012
Posted at: 2:00 pm
HI IN WHICH SCRIPT I BUY OR SELL IN INTRADAY ON MONDAY?
raveendra icici bank 900 call at 7.8 buy last weak what i do? Says:
June 29th, 2012
Posted at: 7:11 pm
hi cb good evening i buy dlf 220 call at 1.90 rs . what you say about this & my sl pls sir
CB Says:
June 29th, 2012
Posted at: 7:23 pm
Hi raveendra icici bank 900 call at 7.8 buy last weak what i do?, Good evening. it does look good. hold it. can see 210
Hi HITESH DIWAN, ibreal looks good.
JAI Says:
July 7th, 2012
Posted at: 11:36 pm
regarding Dr Reddy, i have a different view.
Technically your opinion may change if you see the patter formed in the last 3 years.
Its bullish inspite of how it looks now.