W38 9-13 SEP - NIFTY CRUCIAL MOVE THIS WEEK
NIFTY - 10946
Market closed just above at short time channel crucial support. +23 POINTS UP THIS WEEK.
weekly low broken by 10 points. Above 10950 next target is 11050 see chart
REVERSAL CONFIRM ONLY ABOVE RED LINE, UP TREND WHEN IN UPPER BAND
OPTION DATA suggest expiry at 10800 26700
above 11000 channel resistance at 11600, below 10850 10600 support at 10200
RIGHT TIME FOR NAMO TO ANNOUNCE FINANCIAL EMERGENCY
Gold forming h&s short term pattern, it will rise till 39300 sell there for target 36800. cmp 38500 buy for 39300 sl 38300
Some bad news for RELIANCE soon
SELL RELIANCE CMP 1220 SL 1260 TARGET 780, reliance buy given at 500 NOW SELL GIVEN AT 1300 SEE CHART
Long Buildup
RECLTD TVSMOTOR APOLLOTYRE IDBI
Short Covering
CESC ARVIND BAJAJ-AUTO BAJAJFINSV COALINDIA
DISHTV DRREDDY HINDALCO ICICIPRULI
INFY IOC M&MFIN MOTHERSUMI NTPC PFC
TATAPOWER TATASTEEL TECHM TORNTPHARM
ADANIENT ADANIPOWER AUROPHARMA BAJFINANCE
BANKBARODA BEL BIOCON BPCL
CADILAHC CIPLA ENGINERSIN EQUITAS
FEDERALBNK GAIL GMRINFRA HINDZINC
IDEA JSWSTEEL KAJARIACER LUPIN
MRF NMDC OFSS ONGC RBLBANK SAIL
SRTRANSFIN STAR TATACHEM TATAMOTORS
TATAMTRDVR VEDL YESBANK
Short Buildup
MCX IBULHSGFIN UBL APOLLOHOSP CANBK
Long Unwinding
ASHOKLEY ESCORTS ACC DHFL HDFC ICICIBANK
LICHSGFIN NBCC NIITTECH PNB TATAGLOBAL
TITAN ULTRACEMCO
“Five steps to rescue economy: 1. Abolish personal income tax 2. Reduce prime lending rate to 9% 3. Raise bank term deposit rate to 9% 4. Make corporate R&D & employees children education expenditure tax deductible 5. Print notes liberally for infrastructure construction”, Subramanian Swamy had then tweeted.