NOW IF SBI TRADES ABOVE 1750 OPENS 1840 STOP LOSS 1720-1705
BUY HEG 509631 ABOVE 225 TARGET 40 RS UP MOVE STOP LOSS 211
215 STOP LOSS BUY REDINGTON 532805 ABOVE 235 TARGET 247---256-267
538 ABOVE ALSTHOM POWER TRADES OPENS 650-----532309 STOP LOSS 490
BUY TULIP 532691 ABOVE 920 TARGET 1100 STOP LOSS 865
BUY TULIP 532691 ABOVE 920 TARGET 1100 STOP LOSS 865
1100 ABOVE BUY BEML 500048 TARGET 1300 STOP LOSS 1020 OR 1035
Nifty
A divergence is seen in Nifty.Below 4488 Nifty may correct to
4459-4444-4419.Strong Nifty will not breach 4419.Below 4419 we open for
4377-4282-4214-4105.
Buying should emerge at any of this 4282-4214 or 4105 levels.More down side
awaits below 4105 may test recent low 3918 and furthger.Strong mkts will not breach 4280 levels.
Strategy should be to Sell Nifty in rise or below 4488 and wait for above
mentioned correctives.4567 is a valid stop loss,becoz Nifty may show 4605 area above 4567.
Correction at this juncture would be healthy for the markets.
Buyers should be cautious in trading for a possible corrective fall.
1100 ABOVE BUY BEML 500048 TARGET 1300 STOP LOSS 1020 OR 1035
315 STOP LOSS BUY BGR ENERGEY 532930--- AT 330 TARGET 375
145 ABOVE BUY IDFC 532659 TARGET 160-165 STOP LOSS 135
Actually mkts have opened for 4567-4605-4700 but divergence seen in Nifty.So we cautious for intraday fall.Better for mkts if fall comes today.The more later it comes can be more fatal.Nifty may correct to 4459-4444-4419.Strong Nifty will not breach 4419.Below 4419 we open for 4377-4282-4214-4105.
ABAN OFF (523204) CMP (Rs 928;) Buy for target of 1002 with stop loss of 870.
IVRCL INF (530773) CMP (Rs 346;) Buy for target of 405 with stop loss of 328.
PARSVANATH (532780) CMP (Rs 91;) Buy for target of 101 with stop loss of 85.
15072-14966 On Tuesday 15072-14966 will be buy area.
Strong markets will not break 15031.
15600-16000. Above 15072 Sensex could test 15209 (Monday 's high). Further it could open for 15600-16000.
14443-14214-13846-13717. Sensex has support at 14854 (Monday 's low). Below that we open for 14443-14214-13846-13717.
4471-4442 On Tuesday 4471-4442 will be buy area.
Strong Markets will not cross 4442 .
4517-4693. Above 4471 Nifty could test 4509 (Monday 's high).Further it could open for 4517-4693.
4281-4214-4104 Nifty has support at 4411 (Monday 's low).Below it could open 4281-4214-4104
PUN NAT BANK 532461-------726
This stock had a gap support around 580 area.
The stock tested 715 area twice and took support of 580 area.
A higher bottom formation of 580 and 601 is proved when the stock closed above 712 today.
Immediate up move of the stock is 120 Rs for apprx target of 830.
If the stock keeps on trading above 715 area and does not break 580 levels this stock has a potential of 1100 Rs in coming days
Any falls should be used to buy the stock with 580 below two consecutive close stop loss.
Current move is two month accumulation break out and can straight away test 830 area in short run.
The stock is trading and consolidating between 350 and 700 since 2005.
Over a period of time the long term target of the stocks can be expected in the range of 1300-1400 Rs .
This is the right time to Invest in this stock as henceforth the stock will enter in volatile moves and the journey to 830-1100-1400 can be very much faster as it is an outperformer stock crossing Jan 2008 high of 717 of 21000 sensex at 15200 levels in current run.
