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Thursday, September 06, 2007

Can Liquidity defeat Charts.... ???




(2) Calls For 06/09/07

Please don’t short at Nifty support level ..OR open too low…

BHEL : Sell only below 1890 S.L 1912…

HDFC : Sell only below 2035 with S.L 2050…

L & T : Sell only below 2576 with S.L 2590…

Lupin : Sell only below 605 with S.L 612…

OBC : Sell only below 214 with S.L 217…

Ranbuxy : Sell only below 397 with S.L 402…

Reliance Ind : Sell only below 1947 with S.L 1962…

ACC : Sell only below 1074 with S.L 1088..

GE Shipping : Sell only below 315 with S.L 322..

Maruti : Sell with S.L 870…

Tisco : Sell with S.L 687…

(1) Nifty Chart For 06/09/07



Nifty :As we say from last two days finally correction start once again. Today Nifty conform Doji star candle pattern.. Now for temporary top is formed.(Swing top not major top). Still too many supports at down side. And Momentum of all indicator still seen up so avoid shorting at support level ..If you get chance Short only after bounce beck from lower level.. Support for down side 4425/4396/4357/4343.. Resistance for up move at 4491/4509/4514/4522.. Trade with our Nifty cash buy sell level which are given above Nifty chart..

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