nifty view 25th june 2012

Update: NIFTY SPOT: STRUGGLING @ 50% RET. MARK (5200)....ALSO.....

RANGE-BOUND ACTION CONTINUES BETWEEN 5000/30 TO 5135/5200

onmobile on fireeeeeeeeee

ONMOBILESSSSSSSS: 35/35.7 >> 40.85...

HUGEEEEEEEE SPIKEEEEEEEE......

21st june onmobile update(20 june 2012)

ONMOBILES: 35/35.7 >> 38.35... 8% UP..... safe trader book full profit

cipla call with charts-------21st june 2012

View on Chart: Daily chart shows that stock has been moving in a rounding formation with a neckline at 330/33 levels. Current action is having higher bottom rounding action on the cards. If our assumption is true, then we are likely to see stock heading towards 315/17--330/333 levels in near terms. Crucial support marks for the stock are seen at 300 and at 285, which means, buyers need to keep SL below any of the given support levels. Immediate resistances are placed at 315/18 and at 330/33

WHATS UNDER TRADING RADAR:
STOCK	CIPLA
OUR CALL	BUY AT DIPS
TARGET(S)	315/18--330/33
STOP LOSS	BELOW 300

*** On the reverse side, sell below 285.

 

21st june 2012 calls

INTRA: BUY BHEL @ 217 AND AT 215 IF DIPS. SL: 214. TGTs: 220-22-25-28, BUY ORCHID WITH SL 110. TGTs: 116.5/118. SHORT SBI WITH SL ABOVE 2115. TGTs: 2078-66

onmobile 20 june 2012

Positional Buy On mobiles @ 35.7 and at dips to 33.5. SL below this. TGTs: 37-38.3-41

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