CAN NIFTY BLAST ABV 5332 (FUT)

NIFTY FUT CAN FACE RESISTANCE AROUND 5325–5332. SBIN CAN DO SOMETHING GOOD FOR THE MARKET. REAL ESTATE CAN SUPPORT SBIN.FROM LAST FEW DAYS MARKET IS MOVING IN A RANGE OF 100 POINTS IN NIFTY. IT IS DIFFICULT TO PREDICT WHETHER ACCUMULATION IS GOING FOR BREAKOUT OR DISTRIBUTION HAPPENING, BUT TIME AND LEVELS WILL TELL US EXACTLY WHAT IS GOING ON.ONE THING I WILL SAY THAT NEVER GO AGAINST THE LEVELS.

NIFTY SPOT GOOD ABV 5336

STOCKS

TISCO CAN BLAST ABV 502

RIL MAGIC WE CAN SEE ONLY ABV 1096

REL DOIN WELL

UNITECH WILL PERFORM ABV 78

DLF CAN DO 302

NIFTY CAN TOUCH 5420

MARKET IS CONSOLIDATING BETWEEN 100 POINTS RANGE BUT SOME STOCKS LIKE HDFC AND RCOM GIVEN BREAKOUT. WE GAVE RCOM BUY AT 142 STILL HOLDING IT WITH TSL OF ???. TODAY IT IS TRADING AT 201. NOW NEXT RCOM WILL BE ??????????.

NIFTY SUPPORT AT 5250 RESISTANCE AT 5375

STOCKS TO WATCH R

DLF SUPPORT AT 272 RESISTANCE AT 296

RIL SUPPORT AT 1042 RESISTANCE AT 1096

TISCO SUPPORT AT 475 RESISTANCE AT 512

HINDALCO SUPPORT AT 146 RESISTANCE AT 155

NIFTY TARGET 5???

MARKET IS IN CONSOLIDATION BEFORE ANY MOVE. NIFTY SPOT HAVING SUPPORT AROUND 5240 AND 5160. NIFTY SPOT RESISTANCE IS AT 5375.

STOCKS WHICH ARE FAVORING BULLISHNESS ARE

1. INFOSYS(SUPPORTS AT 2580–2660)

2. LARSON AND TUBRO(SUPPORT AT 1660)

3. RCOM(SUPPORT AT 172)

4. ICICI BANK (SUPPORT AT 820)

5. RELCAPITAL(SUPPORT AT 725)

STOCKS WHICH ARE FAVORING BEARISHNESS ARE

1. DLF(RESISTANCE AT 306)

2. TISCO(RESISTANCE AT 512)

3. RIL(RESISTANCE AT 1096)

4. JINSP(RESISTANCE AT 686)

5. NTPC(RESISTANCE AT 207)