Investearn - Indian Stock Market Tips, Newsletters, Technical Analysis
INDIAN STOCK MARKET NEWS LETTER FOR 30/08/2010
N. Karunakaran
Real time Experience in Indian Stock Market Over 18 Year
Cell: 09282150677: SMS Cell: 09884387259 Email: karunakaran@investearn.com
For details about our services details and past performance kindly visit Http://www.investearn.com/
For free two days SMS trail send your mobile number
For free two days News Letter trail send your Email address
Our service users will be receiving both cash and F&O levels
And many more calls in our Daily/Weekly News letter
You can call us during Trading hours about our calls
For 30-August-2010
Market Trend -Short term -Bearish-Intermediate term-Neutral-Long Term-Bullish
Suggested standing placement of fail-safe stops...
If Weekly Nifty future Long -- exit all contracts at ... 4,786.45
If Weekly Nifty future Short -- exit all contracts at ... 5,542.90
Weekly NSE Index (C-5408.70) Resistance 5450 5510 5610
Weekly NSE Index Support 5350 5290
Weekly BSE Sensex (C-17998.41) Resistance 18135 18320
Weekly BSE Sensex Support 17810 17620
Weekly Nifty Future (C-5415.75) Resistance 5455 5510 5600
Weekly Nifty Future Support 5360 5305
Weekly Bank Future (C-10741.70) Resistance 10850 11000 11255
Weekly Bank Future Support 10590 10440
Suggested standing placement of fail-safe stops...
If Daily Nifty future Long -- exit all contracts at ... 5,363.60
If Daily Nifty future Short -- exit all contracts at ... 5,542.90
Daily NSE Index (C-5408.70) Resistance 5435 5475 5535
Daily NSE Index Support 5365 5325
Daily BSE Sensex (C-17998.41) Resistance 18065 18185 18370
Daily BSE Sensex Support 17875 17760
Daily Nifty Future (C-5415.75) Resistance 5435 5475 5530
Daily Nifty Future Support 5380 5340
Daily Bank Future (C-10741.70) Resistance 10810 10920 11100
Daily Bank Future Support 10630 10520
Short Term Buy Calls
High risk high gain zone with shorter time
HANUNG(C-289.6): Weekly Chart Looking Strong: Buy around 272 Target1-315, Target2-(Paid):Support1-247 -Support2-205
AJANTPHARM(C-248.8): Daily Chart Looking Strong: Buy around 243 Target1-264, Target2-(Paid): Support1-228-Support2-207
Short Term Sell Calls
High risk high gain zone with One Day to One Week Time
KSOILS-FUT(C-49.25): Weekly Chart Looking Weak: Sell around 51 Target1-47, Target2-(Paid):Resistance1-53-Resistance2-57
HEROHONDA-FUT(C-1735.5): Weekly Chart Looking Weak: Sell around 1763 Target1-1693, Target2-(Paid):Resistance1-1806-Resistance2-1876
As per our level, the trader should take BUY position just around our buy around level and keep the stop of Support1 level and the first target would be Target1. If Target1 is crossed then Target2 becomes the next target with the stop at buy around level .Similarly if price goes around our Sell around level the trader should SELL and keep the Resistance1 as Stop and the first target would be Target1. If Target1 is crossed then Target2 becomes the next target with the stop at Sell around level. If any time stop triggered (Buy/Sell) go reverse(buy calls mean go short-Sells call mean go long )- For buy call stop (Support1) triggered- you go short and keep target as Support2 and keep stop as Buy around- For sell call stop triggered(Resistance1)-you go long and seep target as Resistance2 and keep stop Sell around level
__________________________________________________________________________________________________________________________
For more calls and intra day SMS subscribe with us:
Disclosure:
The analyst and his dependents hold no positions in the stocks/futures where calls are given.
|
DISCLAIMER: The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. |