Monday, June 27, 2011

Free Sharemarket Tips


BSE index: (18241) Consider for this week...18309-18381 nearest crucial resistances to watch out for in further up surges if it remains intact then expect it to fall down to 18037-17995 initially which is a nearest support. A close below 17995 it'll fall down further to 17875 & 17791 where buying support will be seen. In worst scenario a close below 17791 sudden panic will drag it down to 17641, overall buy in panic keeping stop loss of 17641 on a closing basis.

Upward side cross-over above 18380 it'll surge up further to 18602-18673 where again selling will be seen, keep stop loss of 18673 to your shorts. A close above 18673 it'll surge up further max to 19024.

Intraday Nifty Stock June Future: (5484) Consider for this week...5505-5535 nearest crucial resistance to watch out for if it remains intact then selling will be seen & it'll fall down to 5424-5403 & 5377 which are nearest supports to watch out for. A close below 5377 sudden panic will drag it down to 5336 & 5304; buy in panic keeping stop loss of 5296.

Upward side crossover above 5535 it'll surge up further to 5598-5609 where again selling will be seen. A close above 5609 only it'll surge up further max to 5722.

Bank Nifty June Future: (10880) Buy on declines considering 10779-10754 a nearest & 10671-10605 a crucial support keeping stop loss of 10561. Upward side crossover above 10984 it'll surge up to 11024 & 11237 initially. Crossover above 11237 it'll surge up further to 11491, book profit on higher levels.

AXIS Bank: (1272) Buy considering 1264 & 1255 solid supports keeping stop loss of 1236. Upward side it'll surge up to 1305 & 1329 initially. Crossover above 1329 it'll surge up further to 1368, book profit on higher levels.

DR REDDY: (1498) 1483 & 1451 crucial supports to watch out for. A close below 1451 it'll heavily crash down to 1411 & 1339. Upward side 1523 & 1540 solid resistances.

HERO HONDA: (1867) Expect further up surges to 1888 & 1912, sell on higher levels keeping stop loss of 1932. Downward side it'll fall down to 1815, 1794 & 1778, buy on declines keeping stop loss of 1758.

HINDALCO: (173) Buy considering 170 a solid support keeping stop loss of 168. Upward side it'll surge up further to 181 & 186.50, book profit on higher levels.

L&T: (1739) Buy considering 1710 & 1692 solid supports keeping stop loss of 1672. Upward side it'll spurt up to 1777, 1803 & 1830, book profit on higher levels & go short keeping stop loss of 1850.

MARUTI: (1121) Buy considering 1106 & 1087 solid supports keeping stop loss of 1081. Upward side crossover above 1132 it'll surge up to 1159 & 1188, book profit on higher levels.
Downward side a close below 1081 it'll heavily crash down to 1043 & 954.

RIL: (871) Crossover above 880 it'll surge up to 904 & thereafter to 924, sell on higher levels keeping stop loss of 943. Downward side 854 & 829 crucial supports. A close below 829 it'll heavily crash down to 797 & 778.

SBI: (2288) Buy on declines considering 2237-2223 a solid support keeping stop loss of 2190. Upward side it'll spurt up to 2332 & 2385.

TCS: (1136) 1157 a nearest resistance crossover above which it'll surge up to 1174 & 1190, sell on higher levels keeping stop loss of 1203. Downward side 1098 & 1071 crucial supports. A close below 1071 it'll crash down heavily.

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