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Wednesday, December 29, 2010

Intraday Tips Blog


BSE index: (20029) 19983 a crucial support, keep stop loss of 19880 to your buys. Upward side 20134 & 20218 crucial hurdles. Crossover above 20218 it'll shoot up to 20302, 20382 & 20500.  Downward side break below 19880 it'll turn weak & fall down to 19719 & 19509.

Nifty DEC future: (6012) 6003 a crucial support, keep stop loss of 5966 to your buys. Upward side 6045 & 6063 crucial hurdles. Crossover above 6063 it'll shoot up to 6100, 6123 & 6160.  Downward side break below 5966 it'll turn weak & fall down to 5912 & 5849.

ABG SHIP: (403) 412 & 417 solid resistances. Break below 399 expect 392, 387 & 377.

JET AIR: (710) Break below 701 it'll fall down to 681. Upward side 720 a crucial hurdle.

M&M: (759) 767 a solid resistance if it remains intact then expect heavy selling. Downward side break below 752 it'll fall down to 738. Break below 738 it'll crash down further.

SBI: (2752) 2776 & 2732 crucial trend deciders for the day.

BOI: (435) Sell considering 439 a solid resistance keeping stop loss of 445. Expect 426 & 419.

HINDALCO: (237) Crossover above 241.50 it'll shoot up to 251. Downward side 232 a crucial support break below which it'll fall down to 226.

REL CAP: (642) 634-632 crucial support area, keep stop loss of 632 to your buys.

RCOM: (137) 136 & 132 solid support, buy on declines keeping stop loss of 130.

REL MEDIA: (218) 213 a solid support if it remains intact then expect heavy buying from lower levels.

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