NEXT WEEKLY VIEW Last Week was……………… · Stocks continue to gain momentum on FII support and "no bad news". Indices closed the week just 2% below the 2010 peak. The market sentiment also got a push from possible settlement deal between the two brothers who represent India's largest listed groups. · FII turned positive on Indian markets following a semblance of normalcy in global markets and revised outlook to stable by rating agencies of India. FII were net buyers in both the cash and the derivatives segment. DII were marginal sellers. Market Level:- · BSE SENSEX (17571) Support seen @17251-17389-17536 Resistance stands @ 17647-177781-7995. Minimum Target seen @ 17778 for next week · NSE : NIFTY (5263 ) Support seen @5179-5213-5250 Resistance stands @ 5294-5332-5382. Minimum Target seen @ 5332 for next week. Stock to watch for next Week: ABAN CMP : 0730 TGT : 0748-0765-0790 SL : 0704 AXISBANK CMP : 1209 TGT : 1225-1245-1257 SL : 1193 HINDALCO CMP : 0145 TGT : 0150-0153 SL : 0142 ICICIBANK CMP : 0867 TGT : 0883-0906 SL : 0842 STER CMP : 0679 TGT : 0696-0708-0734 SL : 0659 Hot Call for next week: TATA STEEL(474) : KEEP STOP LOSS OF 465 TARGET WILL BE 484-496.  BHATIYA PARESH J |
For those who want to earn money by way of improving self knowledge about stock from the technical & fundamental research........
Saturday, June 19, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment