1. NIFTY HAS SUPPORT AROUND 7400 & 7280. IT HAS RESISTANCE AROUND 7760. NIFTY LOOKS WEAK FOR
COMING COUPLE OF WEEKS. BUYING WILL BE FOR VERY SHORT TERM. NIFTY IS OVERBOUGHT WITH
RESPECT TO WEEKLY CHART. SOME FALL IS EXPECTED DUE TO PROFIT BOOKING. OVERALL MARKET
LOOKS GOOD. IT IS BUY ON DECLINE. BUT DO NOT BUY AT THIS LEVEL. BUYING CAN BE DOEN AROUND
7300 TO 7100 LEVEL.
Name OF STOCK ACTION ACTION PRICE STOP LOSS TARGET
IRB SHORT SELL 260 270 220
REL INFRA SHORT SELL RES 760 770 700….680
WIPRO SHORT SELL RES 550 560 500
AXIS SHORT SELL RES 400 410 370…..360
BANK NIFTY SHORT SELL RES 15350 15480 14600
BPCL SHORT SELL SHORT SELL 585 595 550….540
HAVELLS INDIA SHORT SELL RES 1220 1250 1100
INFY BUY 3300 3270 3500