iCharts Discussions

[earnmoney]

Date : 5.6.2008

The market still looks weak though volatility is not ruled out.

The support for the Sensex is at 15115 and the resistance to the up move at 15700-15750.

The support for the Nifty is at 4461 and resistance to the up move at 4628-4648.

For Intraday :

LITL : Buy @ 455 sl 436 Target 480 , 510 , 525
Short @ 435 sl 455 Target 402 , 385 , 361


MARUTI : Buy @ 767 sl 753 Target 785 , 801 , 824
Short @ 752 sl 767 Target 728 , 705 , 695


RCOM : Buy @ 551 sl 543 Target 565 , 580 , 592
Short @ 542 sl 551 Target 525 , 516 , 505


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DISCLAIMER: Above matter is technical analysis based on & conceived from charts, which are believed to be authentic over long long time. One should think of own risk first before implementing on above analysis. The author won't be liable or responsible for any legal or financal losses made by anybody.