Technical View:: Nifty, Raymond & SRF

Quotes with Resistance & Support

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Technical View:: Nifty, Raymond & SRF

Posted on: September 28th, 2013 at 5:51 pm

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Nifty: Nifty witnessed strong selling pressure from resistance levels of 6150-6200. As of now is finding good support at 5800 levels. Below 5800 could test 5680-5700 levels. if manages to hold onto 5800, can bounce back to 5950 in coming days. For longs keep stoploss at 5800 (closing basis).

nifty_daily_28-09-2013

Raymond: Raymond was in a long term downtrend and now has started witnessing some buying interest come in. It faces strong resistance near 240 levels. Once manages to cross 240, it can head upto 260-265.

raymond_daily_28-09-2013

SRF ltd: SRF was also in a long term downtrend and now has started witnessing some buying interest come in. Recently gave a breakout above 155. It can head upto 169 in coming days. Next resistance is near 170-172. Strong support at 150-155

srf_daily_28-09-2013

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5 Responses

{ ADD YOUR OWN }

jk Says:
October 2nd, 2013
Posted at: 7:48 am
good moring sir
now ns is returned from 5700
where we can ( exit/ Sl) for short
regards
CB Says:
October 3rd, 2013
Posted at: 10:34 am
Hi jk, Good morning. sl was near 5820. can hedge with a 5900ce.
paresh d d Says:
October 6th, 2013
Posted at: 10:43 pm
nifty cash resi 5975 & 6060 5912 & major supp 5875 & 5828
rv Says:
October 15th, 2013
Posted at: 4:33 pm
i am sour is nifty 5800 now next position in one week .
CB Says:
October 17th, 2013
Posted at: 11:43 am
Hi rv, its a hold for now. nifty has strong resistance at 6150. dont add more yet.