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Showing posts from November 22, 2013
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NF (6018) - In this round of up move,Even though it surpassed 6220(on 18,19 & 20th Nov.) but, not moved upward (made high 6240, forecast went wrong to predict the resistance exactly) and fell down, now once again almost came down to the mentioned target and support level of 5990-5960 (yesterday low 6003 and still target short fall 13 points). now what next ?  Already mentioned support level of 5990-5960   remain same But trade and stays below that next down side target 5780-5750 now  immediate resist exists at 6060-6080  above that next in upside 6150-6180 & 6230-6250 **** Below is the daily chart of Nifty Future (click the chart to see the zoom view)

Bank of India

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BANKINDIA (213) - Posted on 19th Nov. "Resistance 240-244" on the posted date itself, it made high exactly 244 and from there falling down and as on yesterday it made low 211.50. (Rs.33/- fall with in 2 days). now what next ?  support 210-208 below that down side target 181--174 in between support at 198-195

Asian Paints

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ASIANPAINT (509) - upside resist 515-520  below 505 down side target 485  in between support 494

ACC

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ACC (1030) -  Below 1055-1075 weak only and now trade and stays below 1020-1010 down side target 960-940