BSE index: (19967) Consider for this week...20085 a nearest hurdle crossover above which it'll spurt up further to 20186 & 20246-20275 initially. Crossover above 20275 it'll surge up to 20376-20439, book profit into buys around 20376-20439 & go short keeping stop loss of 20439 on a closing basis.
Downward side 19804 a crucial support break below which it'll fall down to 19663-19625 & 19542-19520. In any worst scenario a close below 19520 it'll fall down suddenly to 19100, buy in panic keeping stop loss of 18954.
Downward side 19804 a crucial support break below which it'll fall down to 19663-19625 & 19542-19520. In any worst scenario a close below 19520 it'll fall down suddenly to 19100, buy in panic keeping stop loss of 18954.
Nifty DEC Future: (6017) 6039-6054 crucial hurdles to watch out for. Crossover above 6054 it'll spurt up to 6091 & 6139, book profit in to your buys on higher levels & go short keeping stop loss of 6158.
Downward side 5972 & 5956 crucial supports. Break below 5956 it'll fall down to 5932, 5905 & 5883-5863. In any worst scenario a close below 5863 it'll fall down to 5690.
Upward side above 6158 decisive up move towards new high will start.
Downward side 5972 & 5956 crucial supports. Break below 5956 it'll fall down to 5932, 5905 & 5883-5863. In any worst scenario a close below 5863 it'll fall down to 5690.
Upward side above 6158 decisive up move towards new high will start.
TATA MOTORS: (1315) 1350 & 1382 crucial resistance.
Crossover above 1382 only it'll sustain on higher levels & spurt up to 1458.
Crossover above 1382 only it'll sustain on higher levels & spurt up to 1458.
HERO HONDA: (1833) 1876-1889 & 1920 solid resistances where selling will be seen.
GE SHIP: (366) Keep stop loss of 355 & buy.
ABG SHIP: (432) 462 a most crucial hurdle closing above which it'll spurt up heavily to 487 & 512.
EXIDE: (170) A close above 175 it'll spurt up heavily to 193 & 203.
ESCORTS: (188) 180 a crucial support closing below which it'll fall down to 160.
JET AIR: (829) Sell considering 842-846 & 864 solid resistances. Break below 804 high unwinding will be seen.
GE SHIP: (366) Keep stop loss of 355 & buy.
ABG SHIP: (432) 462 a most crucial hurdle closing above which it'll spurt up heavily to 487 & 512.
EXIDE: (170) A close above 175 it'll spurt up heavily to 193 & 203.
ESCORTS: (188) 180 a crucial support closing below which it'll fall down to 160.
JET AIR: (829) Sell considering 842-846 & 864 solid resistances. Break below 804 high unwinding will be seen.
Regards,