sraj
White Belt
Joined: 11 Feb 2009
Posts: 274
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Post: #1  Posted: Mon Jan 18, 2010 8:28 am Post subject: Pre Market Alert on 18-01-10 |
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WORLD MARKET
Due to Friday close in American market, all Asian markets are in red, this will reflect in our market too, even though there may be a chance for nifty spot to take support around 5220, below this 5140 may be possible soon
NIFTY SPOT
Today if nifty spot breaks 5251 then it will try to move up, but there is strong resistance around 5262, 5272, 5293, so if it close above 5300 then 5375 may be possible with in the same day too, same as if it breaches 5240 then it will comes down towards 5220, below this level next support will be around 5190, 5170, 5140, see the picture it shows some clear direction of nifty spot
NIFTY SPOT TODAYS LEVELS
Nifty Spot above 5251 Target 5289, 5298, 5316, 5353, 5360, 5373, 5400, 5415
Nifty Spot below 5242 Target 5222, 5208, 5201 to 5196, 5170, 5154, 5121, 5104, 5074, 5041
HOT SCRIPT TO WATCH
JINDAL STEEL
Buy if holds 676 Target 689, 694, 696, 706, s/l 672.5
Sell below 672.5 Target 667, 664, 642, 640, 635, s/l 676
THANKS
SRAJ
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