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Showing posts from January 5, 2012
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NF (4753) - Yesterday also resist the mentioned resistance level (made high 4799)
so all levels are remain same :
Resistance 4780-4810 and above that 4840-4860 But trade and stays above can move up to 4930-4950 or optimum 5004-5024.
(in this area we have multiple resistance so we should give respect all the levels, no other way)
Down side support remain same 4706-4686 and below that 4622-4592


JSW Steel

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JSWSTEEL (585) - As posted on 03rd Jan "above 535 attached the mentioned upside target of 596 (made high 602)
what next ?
Now it seems topped out at 602 so trade and stays above only next up move
Now trade and stays below 576  once again come down to 535-525.

Canara Bank

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CANBK (387) - if not break 380 and trade above 392, upside target 420-424

Bharat Petroleum Corporation

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BPCL (471) - yesterday timebeing low formed at 461 so now trade and stays above 475 pull back target 498-502 and afterwards 525-529

Bata India

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BATAINDIA (555) -   Now Resistance 560-565
But trade and stays above that upside target 605-610

Adani Enterprises

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ADANIENT (278) - Trade and stays below 279 down target  204_184
in between minor support 262 & 242
upside hurdle 300-310