BEST OF LUCK INDIA::::TECHNICAL VIEW ON IND VS. PAKISTAN

ACCORDING TO PAKS TEAM ...LAST 5 CONTINUOUS VICTORY TAKE THEM INTO OVERBOUGHT ZONE... ALSO 5 DAY WIN AVG..FAR..SO IND WILL BREAK THE TREND AND INDIA WILL WIN THE MATCH WITH FEW MARGINS...

TO,
          MR..DHONI FINAL ME HAREGA TO CHALEGA LEKIN PAKISTAN KE SAMNE JITNA HI  PADEGA... BEAT THEM...TECHNICAL VIEW IS IN UR FEVER....

NIFTY VIEW ::: FOR NEAR TERM ::

IF TODAY NIFTY CASH GO BELOW 5690 THEN  GOING FOR  SHORT WITH STOP OF 5730 FOR TARGAT OF  5624, 5600, and  5560. OR IF TODAY NIFTY CASH UP SIDE CROSS AND CLOSE 5770 THEN WE SEE IT CAN TOUCH 5868....


WATCH OUR MONDAY CALL TATAMOTORS BUY GIVEN AT 1195 WITH TGT OF 1224..1255..CMP IS 1239 AND LAST DAY HIGH WAS 1246... IN TWO DAYS 4% RETURN..ENJOY PROFIT..

SHORT TERM BUY :: JINDAL STEEL & SADBHAV ENG..

1) JINDAL STEEL( BSE:532286)  LOOKING POSITIVE, GO LONG WITH STOP OF 670 FOR TARGATING 686,700,710,715. IT’S CLOSE ABOVE 200 DSMA.

2) SADBHAV ENG. : LOOKING POSITIVE, GO LONG WITH STOP OF 110 FOR TARGATING 118,121...UPTO 127

ENJOYED BLAST IN DLF LAST WEEK::

WE HAVE RECOMMENDED DLF AT 225 AND TAKEN PARTIAL BOOKIN AT 235 AND FINAL TGT AT 258 WILL ACHIEVE VERY SOON..MAY BE TODAY.. NOW MAKE NEW SL FOR THIS STOCK IS 234...

FEW STOCKS NEAR RESISTANCE AREA ::

1). TCS :: THIS STOCK LOOKING AT IMPORTANT LEVEL...1135...ONE CAN GO SHORT WITH STIRCIT SL OF 1135... TAKE ADV..1102..1095 OF THE STOCK RETRACE UPTO AND BUY ABOVE 1135...FOR TGT OF 1147..1162.

2) TATA MOTORS : BUY 1195  WITH TGT OF 1224 AND 1255..WITH SL OF 1178..

3). STERLITE IND.  THIS STOCK IS IN RANGE BOUND CONDITION OF 150-180  SINCE LONG DAYS.. BREAK OUT OUT 175-180..LOOKING GOOD OPPORTUNITY ... FOR INVESTMENT AND ALSO TRADING POINT FOR SHORT TERM..

BUY APTECH LTD.:: POSITIONAL BUY::

AS THE STOCK TERMINATING LONG DOWN CHANNEL .. BUY THIS STOCK WITH SL OF 95 AND TGT 103 109..

PRIVATE BANKS ON FIRE...??? YES BANK..

AS PER CHART OF YES BANK WE SEE IS CLOSE NEAR RESISTANCE LINE , ONE CAN GO LONG FOR FEW DAYS  ABOVE 290 FOR TARGETING  300,320.

LAST 2 DAYS FOR DLF :: NOW IBREAL ESTATE....

AS PER 1ST CHART OF IBREALEST WE SEE IS IN TRIANGLE PATTERN AND TODAY ITS CLOSE ABOVE UPPAR LINE OF PATTERN,

AS PER 2ND CHART WE SEE ITS NEAR SOME RESISTANCE LEVELS, SO ONE CAN GO LONG ABOVE 120 WITH STOP OF 116-114 FOR TARGETING 130 ,140.

BOOK PROFIT PARTIAL IN DLF, WE HAVE GIVEN THIS CALL ON TUESDAY AT 225..NOW ITS 235..

TCS NEAR VERY CRUCIAL SUPPORT :: 1050...EXIT BELOW..

AS PER 1ST CHART OF TCS WE SEE IS IN TRIANGLE PATTERN AND  TODAY IS CLOSE NEAR SUPPORT LINE OF PATTERN, SO ONE CAN GO LONG OR BUY IN DEEP UP TO 1053 WITH STOP OF BELOW 1050 FOR TARGETING 1090,1110. ..???OR  IF TCS BREAK 1050 THEN WE SEE ITS COME TO TOUCH 1010 AND LOWER LEVELS.

SELL CALL FOR FNO::: TATA MOTORS ???

AS THE STOCK LOOKING VERY TIRED... LAST SUPPORT IS 1082 THATS 200 DAY EMA ...SELL TATAMOTOR BELOW 1114 WITH TGT OF 1102..1094 UPTO 1082... WITH STRICT SL OF 1131... ONE CAN GO FOR PUT OF 1100...

BUY DLF ABOVE 225 :: LOW RISK HIGH RETURN CALL

DLF IS NEAR  SUPPORT ZONE... TAKING SMALL AMOUNT OF RISKK... IT CAN BE GOOD INVESTMENT AND ALSO GOOD TRADING CALL..BUY THE STOCK ABOVE 225 ... WITH TGT OF 232...245...258... WITH STRICT SL OF 215...ONE CAN SEE THAT THERE IS HUGE VOLUME TRANSFER..WITH MACD  CONTINUOUS POSITIVELY INCREASE AND ALSO RSI ALSO AT 55-60 LEVELS..

 

NIFTY VIEW

AS PER LAST WEEK NIFTY CLOSE NEAR 5445 AND THIS WEEK NIFTY OPEN FLAT 5436 AND ITS MADE HIGH OF 5537 ON FIRST DAY OF THIS WEEK AND THEN AFTER ITS FALL DOWN UP TO 5373 BUT GIVE A CLOSE (5449) ABOVE 5400 ON TUESDAY,  AGAIN ITS START UP MOVE UP TO  5535 ON WEDNESDAY, ITS MADE DOUBLE TOP IN THIS WEEK AND LAST 2 DAYS OF WEEK NIFTY START DOWN JOURNEY AND MADE A NEW LOW OF 5366 AND GIVE WEEKLY CLOSE NEAR THAT LEVEL (5373). ITS LOWET CLOSE OF MARCH.BUT IN THIS FUTURE SEARISH LOW IS 5308 AND CLOSE IS 5332 ON BUDGET DAY 28TH OF FEBRUARY. NIFTY MADE LOWER TOP LOWER BOTTOM PATTERN FROM LAST 2 WEEKS ON WEEKLY CHARTS, IF IN THIS WEEK NIFTY MADE A NEW LOW THEN WE SEE SOME MORE SELLING PRESURE UP TO 5310, 5230, and 5170. ON UP SIDE WE SEE SOME RESISTANCE NEAR 5450, 5540, 5620. FOR MONDAY TRADING RANGE IS 5290, 5540. WEEKLY TRADING RANGE IS 5610 – 5530. OUR VIEW IN MARKET IS BEARISH UP TO 5230-5240 RANGE.

ASPER 1ST CHART OF MARUTI WE SEE IS IN DOWN CHANNEL AND TODAY ITS CLOSE NEAR SUPPORT LINE OF PATTERN, SO ONE CAN GO SHORT IN THIS STOCK BELOW 1144 WITH STOP OF 1% OR 2% FOR TARGETING 1126, 1070,1046

SO ONE CAN GO SHORT IN THIS STOCK BELOW 891 WITH STOP OF 902 FOR TARGETING 883,860,836. OR ONE CAN GO LONG IN THIS STOCK WITH STOP BELOW 890 GOR TARGETING 902, 917,924.

BANKBARODA CALL

AS PER 1ST CHART OF BANKBARODA WE SEE IS IN UP CHANNEL  AND TODAY ITS CLOSE NEAT SUPPORT LINE OF CHANNEL

NIFTY IS IN RANG BOUND CONDITIONS:: OUR POST WAS ON 01032011.

 FROM THE STARTING OF THE WE HAVE SAID THAT NIFTY MAY BE IN RANGE BOUND CONDITION....HERE U CAN SEE.. ITS NOT BREAKING 5400 (ONCE  MADE LOW OF 5374 ON15MARCH BUT RECOVER IMMEDIATELY) AND    NOT BREAKING 5600 (ONCE   MADE HIGH OF 5608 ON 4-MARCH BUT DUE TO SELLING PRESSURE FELL DOWN IMMEDIATELY) :::
EITHER SIDE WOULD TAKE NEW TREND BULLS ( ABOVE 5600) AND BEARISH (BELOW 5400) ON CLOSING BASES..CLICK FOLLOWING LINK FOR MORE DETAILS WE HAVE POSTED..

http://virstocks.blogspot.com/2011/03/nifty-view-range-bound-in-down-channel.html

STILL SOME STOCKS LOOKING BEARISH:: JINDAL SAW TODAY..

AS PER 1ST CHART OF JINDALSAW WE SEE IS IN TRIANGLE PATTERN AND TODAY IS CLOSE(192)  NEAR SUPOORT LINE OF CHANNEL (190).

 SO IF TOMORROW IS BREAK THAT LINE AND TRADE BELOW 190 THEN WE GO SHORT IN THIS STOCK WITH STOP OF 195 FOR TARGETING 186, 183, 180, 176.

SELL CALL OF SBI AND BHEL NOT INITIATED...STILL BECAUSIOUS OF THE LEVEL GIVEN..

ON MONDAY ... WE HAVE GIVEN CALL OF SELL SBI BELOW 2548 AND  BHEL.. BELOW 1960... IN BOTH CASES THE TRIGGER PRICE NOT INITIATED ...BUT DO WATCH THIS LEVELS IN THIS STOCK....

SELL SBI BELOW 2548...OR BUY WITH THIS SUPPORT...LETS WATCH

AS PER  CHART OF SBIN WE SEE IS IN UP CHANNEL AND TODAY ITS GIVE A CLOSE NEAR CHANNEL’S SUPPORT LINE, ONE CAN GO LONG IN THIS STOCK WITH STOP OF 2548 FOR TARGETING 2627-2655,

OR IF ITS BREAK UP CHANNEL AND TRADE BELOW 2548 THAN ONE CAN GO SHORT IN THIS STOCK WITH STOP OF 2578 FOR TARGETING 2535,2512,2490,2476. (OUR VIEW IS BULISH IN THIS STOCK BUT DUE TO MARKET MOVEMENT WE CAN TAKE CHANCE ON BOTH SIDES).

ON WEEKLY BASIS BHEL LOOKING WEEK:: FNO AND INTRADAY SELL CALL..

AS PER 1ST WEEKLY CHART OF BHEL WE SEE IS IN A EXPANDING TRIANGLE PATTERN AND LAST WEE-LAST DAY ITS TOUCH SUPPORT LINE OF THAT PATTERN,

SO ONE CAN GO SHORT IN THIS STOCK BELOW 1960 WITH STOP OF 1998 FOR TARGETING 1930,1922,1900,1866...UPTO .HERE THE STOCK HAS TAKEN RETRACE LAST WEEK..IF THE 1960 BROKEN THEN NO ONE CAN STOP THE STOCK FELL DOWN...SO ENJOY THE BEARISH--NESS...

MAY BE STOCK COMING FOR CKT..DAY GAP--UP ... FILLING ..TO FILL THE GAP OF 1726 TO 1876....LETS SEE WHAT HAPPENS..

OUR LAST DAY CALL OF TATASTEEL AND YES BANK....

ON LAST DAY-FRIDAY WE HAVE RECOMMENDED TO SELL TATA STEEL (BELOW 595 WITH TGT..575) AND YES BANK( AT  270 WITH TGT OF 264)...TATA STELL MADE LOW OF 578...YES BANK MADE LOW OF 264.. ENJOY PROFIT..STILL BOTH THE STOCKS ARE IN BEARISH...TATASTELL CAN GO UPTO 555..550 ALSO...

YES BANK :: NOW IN BEARISH MODE ...

AS PAR 1ST CHART OF YES BANK WE SEE IS IN DOWN CHANNEL AND FROM LAST 5-6 DAYS ITS FAIL TO CROSS THAT CHANNEL ON UP SIDE, SO ONE CAN GO SHORT IN YESBANK WITH STOP OF 276 FOR TARGETING 264,259 250.

SELL SELL TATA STEEL :: INTRADAY AND FNO:: CALL

SELL TATA STEEL BELOW 595 WITH TGT OF  575..570 UPTO 552 IN THIS MONTH EXPIRTY... AS IT BREAKS 35..40 RS. RANGE ...FOR FNO BUY 600.. 580.. PUTS ALSO...GET MAXIMUM RETURN ON IT...

ENJOY BOOK PROFIT

our morning call kpit cummins is rocking, our first tgt rich 169 market made high of 171.4.

KPIT Cummins INFOSYS :: POSITIONAL BUY AND INVESTMENT ALSO.

KPIT STOCKS HAS BROKEN THE TRIANGLE PATTERN WITH VOLUME...BUY THIS AT CMP OR LOWER LVL AROUND 158..156 WITH TGT OF 169 AND 180... THE STOCK ALSO LOOKING GOOD FOR INVESTMENT ALSO FOR LONG TIME..KINDLY MAINTAIN SL OF 140 ON CLOSING BASIS...

 

IFCI :: BUY FOR SHORTERM AND INVESTMENT::

BUY IFCI AT CMP (54.50), AS SHOWN IN THE CHART , ITS BREAKING MAJOR DOWNTREND WITH VOLUME..LAST DAY ITS CLOSE NEAR TO TREND BREAK OUT...ADX IN BUY... BUY AT CURRENT LVLS WITH TGT OF 58, 63...UPTO 69, FOR SHORT TERM CLOSING SL IS 48,,,

Biocon Bearish Begins:: Sell For Intraday // FNO

BIOCON SHOWS A DOWN CHANNEL FORMATION AND IT GAVE A CLOSE NEAR THE UPPER LINE OF THE PATTERN.THE SELL CALL OF BIOCON WILL GENERATE BELOW 316 WITH THE STOP OF 327 TARGETING  312.307,301 RESPECTIVELY.

ONCE AGAIN INFOSYS ::: STILL BEARISH

INFOSYS HAS TAKEN RETRACE NEAR SUPPOR MAJOR TRENDLINE  AND 200 EMA...NOW CLOSE BELOW 2965-2980 WOULD BE MAJOR PROB.. FOR STOCK ... SO PLEASE INVESTOR EXIT IN THE STOCK AND TRADER CAN ENTER AS BEARISH BELOW THIS LEVEL.. TGT ARE 2910 UPTO 2730... WITH SL 3080...

STERLITE...NEW STOCK FOR BEARISH.....

WITH THE REFERENCE TO CHART 1- STER SHOWS A DOWN CHANNEL FORMATION AND FROM LAST 3 DAYS ITS FAIL TO SUSTAIN ABOVE UPPER LINE OF THE PATTERN.THE SELL CALL WILL GENERATE WITH THE STOP OF 174 TARGETING 159,156,152.

NIFTY VIEW : RANGE BOUND WITH SUPPORT AND RESISTANCE..

NIFTY IS IN MAJOR DECIDING MOVE IN NEXT FEW DAYS 

AS PER THE DAILY CHARTS OF NIFTY WE SAW A GAP UP OPENING AND SUBSEQUENTLY IT MADE A NEW INTRADAY HIGH OF 5608 WHICH WAS HIGHER COMPARED TO THE HIGH WHICH IT MADE ON 18TH OF PREVIOUS MONTH. THE 200  EMA WHICH RANGES BETWEEN 5640-5650 WILL ACT AS A HURDLE AND SAME HAPPENED. WE SAW SOME SELLING PRESSURE..

IN ABOVE CHART OF NIFTY WE CAN SEE THAT MOST OF THE FAMOUS INDICATORS MACD, MFI(MONEY FLOW INDEX), RSI ARE FACING DOWN TREND LINE AND NEAR RESISTANCE AREA..SO BE CAUTIOUS..FOR FEW DAYS... 

FNO STRATEGIC ALSO SUGGEST SAME: 5600 CE : HIGHEST OI :8.3Million AND 5400 PE : HIGHEST OI :7.7Million.. 

RANGE BOUND OF 5400 - 5600..EITHER SIDE BREAK OUT WILL DECIDE TREND LIKE BELOW 5400-5380 BEARISH.. AND ABOVE 5640-5650 BULLISH...

FOLLOW ING CHART OF NIFTY FOR ONE YEAR WITH HOURLY ANALYSIS..THIS ONE ALSO SUGGEST : The prices are clearly marked "5380/5400 to 5650/5680" as the battle zone with 5550 acting as a pivot. "5549" was emphasized on Friday that bulls need to stay above it... 
(FIG source: www.tradeinniftyonly.blogspot.com - Good site for NIFTY)
 

WATCH PFC... OUR YESTERDAY CALL... BOOK PROFIT AROUND 275-277... HIGH IS 281

BUY GSFC :: POSITIONAL BUY...

AS PER 1ST CHART OF GSFC WE SEE IS IN TRIANGLE PATTERN AND TODAY IS CLOSE NEAR RESISTANCE LINE

AS PER 2ND CHART WE SEE FIBO LEVELS. SO WE GO LONG IN GSFC ABOVE 352 WITH STOP LOSS OF 342 FOR TARGET 355-367-377.

NOTE : WE WILL CONTINUE OUR LAST DAY CALL OF PFC, BHUSANSTEEL AND DENABANK...

DOWNTREND CHANNEL TERMINATED IN NIFTY AND SOME STOCKS

OUR LAST CALL WE HAVE SHOWN THAT NIFTY IS IN DOWN TREND CHANNEL..ABOVE 5477..NOW LETS WATCH WHETHER NIFTY CAN SUSTAIN AT HIGHER LEVEL OR NOT..
FEW OF THE STOCK ALSO TERMINATED THEIR DOWN TREND CHANNEL..

•

•BHUSANSTL :- BUY ABOVE 400 WITH STOP LOSS OF 393 FOR TARGET 408-413. 

 

 

•DENA BANK :- BUY ABOVE 99.5 WITH STOP LOSS OF 96 FOR TARGET 101.5, 105, 108. 

 

•PFC :- BUY ABOVE 256 WITH STOP LOSS OF 1-2 % FOR TARGET 268-270. 

 

REC ::  THIS STOCK WE HAVE RECOMMENDED ON  25-02-2011.. AT 214-218 NOW ITS  250..AND 

STILL... LOOKING IN UP TREND WITH TGT OF 272, 290..MODIFY SL WITH 232..

BUY CANARA BANK:: PSU BANK DOING WELL

AS PER 1ST CHART OF CANBK WE SEE IS IN TRIANGLE PATTERN AND TODAY IS BREAK(602) THAT PATTERN ON UP SIDE,

AS PER 2NDCHART WE SEE FIBO LEVEL. SO TOMORROW CANBK CROSS 623 LEVEL WITH VOLUME THEN WE GO LONG WITH STOP LOSS OF 602 FOR TARGET 661,671.