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Thursday, July 14, 2011

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BSE index: (18596) 18506 a crucial support, keep stop loss of 18465 to your buys. Upward side expect up surges to 18683-18752 & thereafter to 18878 where again selling will be seen.
Downward side break below 18465 it'll fall down to 18365 & 18304.

Nifty Stock July Future: (5600) 5580 & 5564 crucial supports, keep stop loss of 5550 to your buys. Upward side 5618-5630 crucial hurdles to watch out for. Crossover above 5630 only it'll surge up further to 5650 & 5678-5685 where again selling will be seen.

Downward side break below 5550 it'll turn weak & fall down to 5512 & 5490. ABG SHIP: (385) Buy considering 383 a crucial support keeping stop loss of 377. Upward side crossover above 389 it'll surge up to 404 initially. Crossover above 404 it'll sustain on higher levels & spurt up heavily to 416 & 435.

DCB: (64.50) Buy considering 63.25 a solid support keeping stop loss of 62. Upward side it'll spurt up to 66.75, 68.50 & 70.25.

TISCO: (575) 570 a most crucial support break below which it'll heavily fall down to 557 & 547. Upward side 580 a crucial resistance crossover above it'll surge up to 590-593.

HERO HONDA: (1877) 1892 & 1900 solid resistance up to which selling on higher levels will be seen, keep stop loss of 1924 to your shorts. Downward side break below 1867 it'll fall down to 1838.

TATA MOTORS: (1044) 1036 & 1030 crucial supports, keep stop loss of 1025 to your buys. Upward side it'll surge up to 1058-1065, sell on higher levels keeping stop loss of 1074. Downward side break below 1025 it'll fall down to 1011 & 1003.

AXIS Bank: (1274) Crossover above 1284 it'll surge up to 1307 where selling will be seen. Downward side 1258 a crucial support break below which it'll fall down to 1243 & 1230.

HDFC: (695) Buy considering 691 a crucial support keeping stop loss of 685. Upward side it'll surge up to 712 & 717, book profit on higher levels.

RUCHI SOYA: (98) Crossover above 100 it'll spurt up to 104.50 & 107.50. Downward side 97 & 95 are crucial supports.

HPCL: (402) Buy on declines considering 396 a solid support keeping stop loss of 394. Upward side it'll rush up to 410 initially. Crossover above 410 it'll sustain on higher levels & spurt up to 429.

IGL: (395) Buy considering 390 a solid support keeping stop loss of 387. Upward side it'll spurt up to 400 & 405.

GSPL: (101.50) Buy considering 100 a solid support keeping stop loss of 98. Upward side it'll surge up further to 106.

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