Free Intraday Stock Tips

Stock Tips 7-December-2009

Weekly Outlook By Moneyvistas
July 5, 2009 by moneyvistas , Contact moneyvistas
Filed under: Educational, Overall market, Weekly Outlook 173 views

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NIFTY WEEKLY PIVOT’S
PIVOT–4371

SUPPORT—4303/4181/4113

RESISTANCE—4493/4561/4683

Last week High–4440
Last week Low–4250

Nifty looks strong above 4445 level,If we cross this level with good volumes we may make new highs. First Support will come at 4350 level.If any negative news from Budget and Decline in global markets will take us to 4200/4100/3950 level.Decline below 4100 is not a good sign for markets.

RELIANCE IND
Buy above 1092.50 for a target of 1098 – 1104 and above 1108 can touch 1112 – 1119
STOP LOSS – 1085

Sell below 1081 for a target of 1078 – 1071 and below 1068 can touch 1065 – 1058 -
STOP LOSS – 1089

MAGIC LEVELS FOR LONG SIDE ABOVE 1105 – 1083 AND SHORT SIDE BELOW 1098 – 1076

IVRCL INFRA
Buy above 364.50 for a target of 366.70 – 368.50 and above 370 can touch 374+
STOP LOSS – 360

Sell below 358.20 for a target of 356 – 353 and below 352.30 can touch 350.70 -
Stop Loss – 363

Magic Levels for Long Side above 368 – 360 and Short Side below 365 – 357

ICICI BANK
Buy above 873 for a target of 875 – 879 and above 881 can touch 884 – 888+
STOP LOSS – 867

Sell below 865 for a target of 863 – 859 and below 857 can touch 854 – 846 -
STOP LOSS – 871

Magic Levels for Long Side above 879 – 866 and Short Side below 875 – 862

ROLTA
Buy above 183.60 for a target of 186 – 188 and above 190 can touch 192 +
STOP LOSS – 180

Sell below 180 for a target of 179 – 177 and below 175 can touch 173 -
STOP LOSS – 182