Monday, March 7, 2011

Intraday Share Market Tips


BSE index: (18486) Consider for this week...18647 a nearest & 18738-18808 a solid resistance up to which selling on higher levels will be seen, keep stop loss of 18875 to your shorts.

Downward side it'll fall down to 18306-18253 & thereafter to 18103 initially. A close below 180103 heavy panic will drag it down to 17965 & 17666.

Upward side a close above 18875 it'll turn positive & spurt up to 19069-19123, 19232 & 19446. 

Nifty March Future: (5536) Consider for this week...5582-5616 a nearest & 5664 a solid resistance up to which selling on higher levels will be seen, keep stop loss of 5688 to your shorts.

Downward side it'll fall down to 5476-5459 & 5434-5422 initially. A close below 5422 heavy panic selling will drag it down to 5383, 5365 & 5300.

Upward side a close above 5688 it'll turn positive & spurt up to 5729, 5766 & 5805-5845.

Bank Nifty March Future: (10968) Consider for this week...11280-11336 a solid resistance up to which selling on higher levels will be seen, keep stop loss of 11350 to your shorts.

Downward side it'll fall down to 10837 & 10662 initially. A close below 10662 it'll crash down to 10325 which is a crucial support & trend decider.

Upward side a close above 11350 it'll turn positive & spurt up to 11782 & 12052.

TISCO: (618) Sell considering 628 a solid resistance keeping stop loss of 636. Downward side it'll fall down to 609, 604 & 596-592 initially. A close below 592 it'll crash down heavily.
Upward side a close above 636 it'll turn positive & spurt up to 659.

TATA POWER: (1219) Sell considering 1232-1249 solid resistance keeping stop loss of 1266. Downward side 1187 & 1155-1142 crucial supports. A close below 1142 it'll crash down to 1087 & 1052.

TATA MOTORS: (1170) Sell considering 1194 & 1209 solid resistance keeping stop loss of 1220. Downward side it'll fall down to 1145, 1124 & 1102 initially. A close below 1102 it'll crash down to 1066.

TCS: (1135) Sell considering 1152 & 1164 solid resistances keeping stop loss of 1170. Downward side break below 1098 it'll fall down to 1064-1057 & thereafter to 1032 & 992.

STERLITE: (167) Sell keeping stop loss of 174. Downward side break below 159 it'll fall down to 152 & closing below which 146 & 139.
Upward side crossover above 174 it'll surge up to 183 in a disguised manner.

RPOWER: (121) Buy considering 118 & 115.50 solid supports keeping stop loss of 113. Upward side it'll spurt up to 128.50 & 133-135.

PNB: (1081) Sell considering 1109 a solid resistance keeping stop loss of 1117. Downward side it'll fall down to 1061 & thereafter to 1026-1013 initially. A close below 1013 it'll crash down to 943. Upward side crossover above 1117 it'll surge up to 1165.

M&M: (677) Sell considering 692 a solid resistance keeping stop loss of 706. Downward side it'll fall down to 638 & 620.

Kotakbank (419) : 430-435 are nearest and solid hurdles on higher levels. 

BOI (460) : 466 is nearest resistance, cross over above 466 it will shoot towards 475 which is strong hurdle higher levels, however crosses and sustains above 475 then expect stock to spurt up further to 482 and 490 levels. Down ward side 452 is nearest and 445 is strong support for the day.

Titan (3445) : 3500 and 3535 are nearest and strong resistances. Crosses and sustains above it then expect stock to spurt to 3640-3680. Down ward side 3390 is nearest and 3350 is strong support for the day.
Orchid (271) : 265 is nearest and 260 is solid support for the day. Upward side 284 and 290 are the resistances.

Relinfra (607) : 625 and 595 are the crucial deciders for the day. 

Tatamotors (1176) : Cross over above 1186 stock will shoot to 1210 and then 1235 levels. Down ward side 1160 and 1140 are the nearest supports.

Tatasteel (618) : 615 is nearest support. Breaks and sustains below 615 then expect stock to fall down to 600 and 592 levels. Upward side 626 is nearest and 637 is solid resistance for the day.

Educomp (466) : Stock looks weak on the cards, break and sustains below 460 then expect more selling pressure.

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