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Tuesday, 20 September 2011

Nifty over view for 21st September - By Kedar K Murdeshwar

20th Sept,2011

Nifty:Intraday close was 5148.90.As I had predicted earlier Nifty has completed an Inverted Head & Shoulders Pattern on the daily chart waiting for an upward breakout.If this happens,Nifty will straight away move up before stopping at 5323.The Intraday support levcels for Nifty are 5072 and 4996.

Axis Bank:Buy above 1130 and looks good.Target is 1160.

Bharti Airtel looks Good as the smoothened rsi is giving a buy signal.Buy above 391 and target 395/396.

Dr Reddy:Can be a good buy not only for Intraday but also for 2-3 days.Target for Tommorow 1548 and Target for 2-3 days 1556.

Hindalco:One can buy tommorow if above 148.Target for tommorow is 153.Target for 2-3 days is 163 on the upside

Hind Unilever:Is on the verge of Forming Cup and Handle formation and can rally up if it breaks above 346.Then the target can be 356

2 comments:

  1. TCS
    BUY ABOVE - 1068.55 STOPLOSS – 1058.95 TARGET – 1080.30 – 1096.50.
    SELL BELOW - 1047.40 STOP LOSS – 1056.80 TARGET - 1035.85 – 1020.35

    GRAVITA
    BUY ABOVE - 368.05 STOPLOSS – 364.75 TARGET – 372.10 – 377.70
    SELL BELOW - 360.80 STOP LOSS – 364.00 TARGET – 356.80 – 351.45.

    Sagar Chheda

    ReplyDelete
  2. Sagar thanks for you comments and the stock recommendations.Do give your suggestions for enhancing this blog.

    ReplyDelete