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Monday, June 20, 2011
UPDATES FOR JUNE 21 2011
JUNE 21 TUESDAY
NIFTY OUTLOOK
Nifty broke crucial support yesterday of 5347
Markets cld fall in the first hour of trade on talks
between Mauritius and India on tax agreement .
Intraday Long is recommended only if nifty sustains above
5312
NIFTY SPOT
SUPPORT 1 5176 , SUPPORT 2 5095
RES 1 5358 , RES 2 5458
NIFTY FUTURE
SUPPORT 1 5171 , SUPPORT 2 5078
RES 1 5368 , RES 2 5372
BANK NIFTY
SUPPORT 1 10349 ,SUPPORT 2 10195
RES 1 10643 , RES 2 10784
TRADING CALLS
Sell Nifty around 5302 to 5330
stop loss 5378
Target 5210 / 5180
Buy Bharati Future Between Rs 383 to 385
stop loss 378
Target 394/ 96
Buy KTK Bank between Rs 116 to 118
stop loss 113
Target 124/ 25
Buy IDEA between 77 to 78
stop loss 75
Target 81 to 82.
NIFTY OUTLOOK
Nifty broke crucial support yesterday of 5347
Markets cld fall in the first hour of trade on talks
between Mauritius and India on tax agreement .
Intraday Long is recommended only if nifty sustains above
5312
NIFTY SPOT
SUPPORT 1 5176 , SUPPORT 2 5095
RES 1 5358 , RES 2 5458
NIFTY FUTURE
SUPPORT 1 5171 , SUPPORT 2 5078
RES 1 5368 , RES 2 5372
BANK NIFTY
SUPPORT 1 10349 ,SUPPORT 2 10195
RES 1 10643 , RES 2 10784
TRADING CALLS
Sell Nifty around 5302 to 5330
stop loss 5378
Target 5210 / 5180
Buy Bharati Future Between Rs 383 to 385
stop loss 378
Target 394/ 96
Buy KTK Bank between Rs 116 to 118
stop loss 113
Target 124/ 25
Buy IDEA between 77 to 78
stop loss 75
Target 81 to 82.
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