BLOGGER TEMPLATES AND TWITTER BACKGROUNDS

Wednesday, October 7, 2009

NIFTY 08-10-09

World Market

Yesterday American markets closed with mixed, but now its future market doing well, so this is reflecting in Asian market and Singapore Nifty too, as of this our market will also move well and 4984 is key point for Nifty spot for further down side move, 5016 is key point for further up move

Nifty Spot View

Today above 5016 Nifty spot will move up further and it may face some resistance at 5037, 5055, 5077, 5092, and closing above 5111 Nifty will move to 5200 ++, Same as below 4984 Nifty will move down to 4967, 4949, 4919, and 4900 is important point for trend reversal, If Nifty close below 4900 it will come down to 4700, so keep eye on 4900 and buy good scripts

Nifty Spot Today Levels

Nifty Spot above 5016 Target 5023, 5037, 5055, 5076, 5092, 5111, 5200

Nifty Spot below 4983 Target 4967, 4949, 4919, 4907, 4900, 4888, 4874,
4852, 4819

Hot Scripts

Crompton Greaves

Buy above 335 or 337 Target 347, 355, 364, s/l 325 close


Crompton chart


Sugar sector looks good for further up move, so keep eye on it

Bajaj Hind above 192,

Balrampur Cini above 136,

Mawana Sugar above 48