Friday, August 19, 2011

Best Stocks For Intraday

BSE index: (16470) 16417 a minor support now break below which it'll fall down further to 16319, 16237 & 16100 initially. Break below 16100 sudden huge panic will drag it down to 15801-15745, cover shorts around 15800.

Upward side 16536 a nearest & 16598-16623 solid resistance. Crossover above 16623 it'll surge up to 16709 & 16780, sell keeping stop loss of 16855.

Intraday Nifty Stock : Short-term trend is continue down ward bias as trading below 50-200 DMA and lower level target 5000-4950-4885 -4865 in near term. On the higher side or any recovery it will face resistance 5200-5250 range. Traders are initiate fresh long positions only if the index closes above 5250 for target 5325-5410-5500.

Today: Nifty opens positively it was showing very volatile situation in the market and closes with correction negatively. Now today consider resistance 5084-5116 successfully crossover only some up side, down side support is 4900-4839-4820. Today Magic No. 4927 below major weakness.

BSE : Today: BSE SENSEX open positively and showing volatile situation. And corrective rally in the market showing new lows in the market at the end close negatively. Now we may consider resistance 16915-17000 and fresh move only above that level, down side support exit 16432-16352 and stay with volume more downside. Today below 16432 real panic in the street and lower level target 15500 + in few sessions.

BANK NIFTY STOCK : Today: Bank Nifty open positively and it showing volatile session in that market and close negatively. Yesterday it's tried to cross 10000 level but could not maintain that level. And can see the new lows in the market. Technically it is in triangle formation and it maintain on down side below 10405 level. 

But unable to cross their resistances levels 10000-10200 actual positivity we can see if maintain above that level otherwise overall bearishness in that counter. Now today consider support range 9564-9301 and resistance is 10350. Fall below 10500 will be trigger for medium term decline which could possible pull the index near 9500-9300 range. Major support 10000 broken and closed below...more closing in coming days confirmation of major weakness in Banking Sector. Today magic no. 9532 below non stop target 9300.

Sell at opening bell....
After ICICI, Axis Bank, next culprit...
Be prepared for free fall mode...
Lower level target 410-400.

Yesterday closed below 750
Now next target 700-694...

Excellent stock for shorting...
Last and final support exit 75
Thereafter non-stop target 62+.

Yesterday closed below 39
Now what fall mode.

Finally broken support level 205
Time to sell...
Our target 185-165 or even
Have patience...
Do not tempt to big full stocks.

No comments:

Post a Comment

Assured Return Property in Gurgaon Rent apartment in Gurgaon Assured Return Property