Tuesday, February 3, 2015

Short Term Update..........03rd Feb 2015


Nifty :- 8797


Nifty looking positive & can face resistance of 8920-8930 Above this range target will be 8975-9020 & 9100-9280-9300 in coming weeks.
 
However due to RBI Policy (Today) & Delhi election
Nifty Crucial Support 8770 if break with volume next support will be 8720-8625-8550.
 
 
 
 

Bank Nifty :- 19865

 
Bank Nifty looking positive short term target 20400-20700 in coming days. Sustaining above 20800 target will be 21800 & 22400-24500.
 
On Downside Bank Nifty Crucial Support at 19650-19550 if break with volume next target & support will be 19300-19000-18800.
 
 
 


Axis Bank :- 622

 
Axis Bank short term target 640-660 & 710-740 in coming days. Sustaining above 750 target will be 900-950.
 
On Downside Support at 570-550 if break with volume next  support will be 530-510 & 490.
 
 
 

BPCL :- 748

 
BPCL can face resistance of 780-790 Above this range next support & target will be 825-860 & 890 Afterthat 940.
 
On Downside Support at 700-680 & 660 if break with volume next  support & target will be 640-620 & 590.