Quotes with Resistance & Support
Market Information

Technical View:: Nifty, Jubilant Foodworks & Bata India

Posted on: March 1st, 2012 at 1:46 am

Nifty:
Technically Nifty is in an uptrend. Has strong support at 5300 levels. If manages to break this level could head lower to 5180-5200. On the upside can test 5500 again if global markets support.

nifty

nifty

Jubilant Foodworks:
Jubilant Foodworks is facing strong resistance at 1060 levels. Once manages to cross it, can head upto 1120.

jubilant-food

jubilant-food

Bata India:
Bata India faces strong resistance at 725 levels. Above this it can head upto 755.

bata-india

bata-india

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5 Responses

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  1. Deepak Says:
    March 2nd, 2012
    Posted at: 2:11 pm

    Which option can i buy now?


  2. CB Says:
    March 3rd, 2012
    Posted at: 11:19 am

    Hi Deepak, as of now no call on nifty. enter a pe if it breaks 5290(cash)


  3. Parimal Devnath Says:
    March 4th, 2012
    Posted at: 10:17 am

    Dear CB
    Jubilant Food made unpredictable moves. generally your breakout recommendations are just fine
    Parimal


  4. CB Says:
    March 4th, 2012
    Posted at: 1:11 pm

    Hi Parimal Devnath, yes.. should have given a buy only when it managed to close above 1060..


  5. suman halder Says:
    March 6th, 2012
    Posted at: 12:13 pm

    fir please forward your view on STCI and goa carbon


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