Market Watch

Monday, August 10, 2009

Technical Calls 10 August 2009

850 ABOVE BUY AXIS ABNK TARGET 865-882—910 STOP LOSSS 822
312 STOP LOSS BUY GAIL AT 325 TARGET 331-337-347

534 ABOVE BUY TCS 532540 TARGET 600 STOP LOSS 504
918 STOP LOSS BUY LUPIN LTD ABOVE 1000 TARGET 1300

15257-15376 On Monday 15257-15376 will be sell area.
Weak markets will not cross 15302.
15719-16005-16500-17000-17500 Above 15376 Sensex could test 15501 ( Friday `s high ).
Further it could open for 15719-16005-16500-17000-17500
14599-14341-13926. § Sensex has support at 15104 ( Friday `s low ). Below that we open for 14599-14341-13926.

4511-4547 On Monday 4511-4547 will be sell area.
Weak Markets will not cross 4525 .
4598-4647-4730-4750-4800. Above 4547 Nifty could test 4585 ( Friday `s high ).Further it could open for 4598-4647-4730-4750-4800.
4420-4337-4259-4133. Nifty has support at 4465 ( Friday `s low ).Below it could open for 4420-4337-4259-4133.