Saturday, September 18, 2010


Date : 18-09-2010.

Weekly View

v  Sexsex & Nifty Watch:-

 

Ø  As indicated Indices managed to take out 19000 / 5700 mark and continued their journey towards higher levels. 20286 / 6139 the highest ever closing of the indices are the next minor resistances for indices. A breakout above the same would see indices heading higher towards the next targets of 20661 / 6202.

 

Ø  Traders are advised to maintain a stop loss of 19014 / 5705 for long trading positions, and continue to book trading profits in the rally towards 20286 / 6139 and beyond.

 

v  Level to watch for 20-09-2010.

 

Ø  BSE SENSEX (19595) keep sl as 19447 target will be 19640-19863

 

Ø  NSE NIFTY (5885) keep sl 5845-5885-5907-5963-6030 Hold CALLs only above 5907

 

v  Stock for intraday trade:-

 

Ø  ACC LTD (500410) #954-969-986-998-1017-1043-1064 First target 1017

Ø  HERO HONDA MOTORS LTD (500182) #1670-1716-1745-1750-1769-1788-1809 Target 1809

Ø  LIC HOUSING FINANCE LTD-E (500253) #1268-1286-1311-1318-1322-1357-1389 Next target 1357

Ø  STERLITE INDUSTRIES (INDIA) LTD. (500900) #164-168-171-173-174-177-184 Target 177

 

v  Stock for instant trade:-

 

Ø  AXISBANK (1506) Keep SL 1488 above it will 1506 will surely touch 1523 next target will be 1548-1583

Ø  BANKBARODA(875)  Keep SL as 863 confirm target will be 884-906-925.

Ø  BANKINDIA(498) Keep Sl 485 target will be 506-518-527.

Ø  LT(1962) Keep sl as 1945 minor resistance at 1968 then will touch 1991-2020.

Ø  TCS (912) Keep SL as 895 intraday target 912-920 & short term target will be 945-954.

 

 


No comments: