MARKET VIEW : 16.01.2011 ( Wednesday )

NIFTY FU

As posted on 14/2/2011.Supp : 5420—5377 & Res : 5488—5522

(today down and made a high of 5504 & low 5397) 

BANK NIFTY FU

As posted on 14/2/2011.Res : 10877———10955——–11044. Supp : 10711

(today down and made a high of 11010 & low 10696)

  UNITECH

As posted on 14/2/2011. Below : 36.10—34.80—33.30 

(today down and made a high of 36.80 & low 34.10)

CANBK

As posted on 14/2/2011.  Above : 574.10——579.30——583.50

(today down and made a high of 586 & low 557)

( our subscribers are long from 545.00 levels & book 50% profit 580)

 

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NIFTY in 200 points & BANKNIFTY in 400 points gauranted profits on.......... 
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( TODAY WE BOOKED 50% PROFIT IN IT... on 03/02/11 )

 

NIFTY Last Support & Hope 5288——5200.

 

IF NIFTY IS CLOSING BELOW 5200 FOR 3 CONSECUTIVE DAYS.

WE MAY SEE NIFTY FUT MY ULTIMATE TARGET IN DOWN SIDE 5077—4900—4600—4288.

Friday  made a lows of 5177 & taken U-Turn close 5310 !! (11/2/11)

STOCKS LOOKING STRONG : reliancE  ,SBIN  HDIL ,BOMDYEING ,RCOM ,CANBK.

STOCKS LOOKING WEEK : UNITECK ,TATASTEEL ,RELINFRA ,TATAMOTORS ,DRREDDY . 

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 ( Last close : 5476 )

Res : 5505———5533——–5570.

Supp : 5460——–5410——–5377.

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 ( Last close : 10936 )

 

Res : 11099———11222——–11400.

Supp : 10877——–10777——–10566.

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 (unitech Last close : 36.20 )

 

 Below : 35.40——33.70——32.60

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(CANBK FU Last close : 582 )

 

 Above : 577.20——582.40——588.10.

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(RELCAP FU Last close : 484 )

 

 Above : 498.20——502.40——512.10.

( our subscribers are long from 440.00 levels & book 50% profit 485)