RELIANCE INDS 860 IMP LEVEL ON CLOSING BASIS - IF 2 DAYS BELOW 860 THEN FREEFALL - LIKE EARILER WE HADE BELOW 930

FOR BREAKDOWN AND BOUNCE BACK ON NIFTY SPOT LEVEL COMES AT 5360 WEEKLY CLOSING - BUT TO IGNORE THE WHIPSAW STICK TO LEVEL 5300 ON WEEKLY CLOSING

IEOD NIFTY SPOT CHART DT 17 JUNE 2011 TILL 12:30 PM

FOR BREAKDOWN AND BOUNCE BACK ON NIFTY SPOT LEVEL COMES AT 5360 WEEKLY CLOSING BUT TO IGNORE THE WHIPSAW STICK TO LEVEL 5300 ON WEEKLY CLOSING

HOWEVER BULLS ARE STILL ACTIVE TILL NIFTY SPOT HOLD 5300 LEVEL ON WEEKLY CLOSING IF HOLD THEN NIFTY WILL BOUNCE BACK MIN AROUND LEVELS OF 5700-5800

IF MANAGE TO CLOSE BELOW 5300 ON WEEKLY CLOSING THEN
WILL FOR TARGET 4775 / 4540 /4380
STOPLOSS 5610 ON WEEKLY CLOSING
FUTHER CLOSE BELOW 4380 WILL TGT 3900-3700

BULLISH WOFLE WAVE ON 5 MINS NIFTY SPOT CHARTS AND PATTERN IS VAILD TILL 5370 "CANDLE CLOSE 5 MINS " DOES NOT HAPPEN ON NIFTY SPOT AND WILL TGT 5435-5445 INTRADAY ONLY

BULLISH WOFLE WAVE ON 5 MINS NIFTY SPOT CHARTS
AND PATTERN IS VAILD TILL 5370
"CANDLE CLOSE 5 MINS "DOES NOT HAPPEN ON NIFTY SPOT
AND WILL TGT 5435-5445 INTRADAY ONLY

NIFTY FUT HIGHLY BULLISH ONCE CROSSOVER AND SUSTAIN WITH VOLUME ABOVE 5445 - BANKNIFTY FUTURE LONG ABOVE 10640 SL 10530 CLOSING TGT 10750 / 10855 / 10965 / 11057

NIFTY FUT HIGHLY BULLISH ONCE CROSSOVER AND SUSTAIN WITH VOLUME ABOVE 5445

JUST BUY AND ACCUMULATE NIFTY FUTURE

BANKNIFTY FUTURE LONG ABOVE 10640 SL 10530 CLOSING TGT 10750 / 10855 / 10965 / 11057

BEFORE A BIG CORRECTION / FALL NIFTY HAVE TO HEAD FOR LEVELS NEAR 5800

MARK THE WORDS NO LEVELS FOR TODAY EVEN JUST BUY BINDAS

AND DO NOT MISS SBI AND RELIANCE .. LEVELS POSTED ON BLOG

GAP UP OPENING EXPECTED 2MORROW +DIV ON NIFTY CHARTS

POSITIVE DIVERSIONS ON SBI AND RELIANCE DAILY CHARTS

SBIN IF FAILS TO CLOSE BELOW 2170 WILL REBOUND BACK
AND HIGHLY BULLISH ON CLOSE ABOVE 2250
SO ONE CAN BUY AND ACCUMULATE ON DIPS CMP 2190 AND ADD MORE ON CLOSE ABOVE 2250
IF FAILS CAN BOOK NEAR 2250 KEEP SL @ 2170 CLOSING TGT 2300 / 2340 / 2390 / 2430

RELIANCE IF FAILS TO CLOSE BELOW 885 WILL REBOUND BACK
AND HIGHLY BULLISH ON CLOSE ABOVE 935
SO ONE CAN BUY AND ACCUMULATE ON DIPS CMP 894 AND ADD MORE ON CLOSE ABOVE 935
IF FAILS CAN BOOK NEAR 935 KEEP SL @ 885 CLOSING TGT 960 / 982 / 1004

MARKET WILL BE BULLISH TODAY + GOOD SHORT COVERING MAY COME

MARKET WILL BE BULLISH TODAY + GOOD SHORT COVERING MAY COME

THOSE BOUGHT / CARRY NIFTY FUT BTW 5440-5450 CAN ADD MORE NEAR 5400

WITH SL SAME I.E 5415 ON CLOSING BASIS ON NIFTY FUT

THOSE DID NOT CARRY CAN BUY NEAR 5400 LEVELS

SL SAME FOR TGT  5495 / 5526 / 5554 / 5580

BANKING AND FINANCE COUNTER CAN BE BOUGHT AND ACCUMULATED AT LOWER LEVELS

OM SHRI GANESHAYA NAMAH

WATCH OUT - 2:55PM FACTOR .... BOOKED SHORTS AND TAKEN LONG IN NIFTY FUT BTW 5450-5440

NOW FOR INTRADAY GO LONG ONCE NIFTY FUT CROSSOVER ABOVE 5470 FOR TGT 5495 / 5510 / 5535 SL DAY LOW

KEEP TRAILING SL IN NIFTY FUT SOLD @ 5495 AND GO LONG BTW 5440-5450 WITH SL 5415 CLOSING BASIS TGT 5495 / 5526 / 5554 / 5580

KEEP TRAILING SL IN NIFTY FUT SOLD @ 5495 AND GO LONG BTW 5440-5450

WITH SL 5415 CLOSING BASIS TGT 5495 / 5526 / 5554 / 5580