Tuesday, June 21, 2011

Intraday Call For Today


BSE index: (17507) Sell on higher levels considering 17626-17678 & 17733 solid resistances keeping stop loss of 17845.

Downward side it'll fall down further to 17227-17206, which is a crucial support from where intra day up surges not ruled out. In worst scenario a close below 17206 it'll crash down to 16848.

Intraday Nifty Stock Future: (5260) Sell on higher levels considering 5304-5318 a solid resistance keeping stop loss of 5362. Downward side it'll fall down further to 5179, 5160 & 5146. Consider 5179-5146 crucial support area from where intra day corrective up surges not ruled out.

In worst scenario a close below 5146 it'll crash down to 5034.
MARUTI: (1158) 1184, 1201 & 1233 solid resistances, sell. Downward side it'll fall down to 1123 & 1081.

TATA MOTORS: (930) It'll fall down further to 922-916 initially, which is a crucial support to watch out for. In worst scenario a close below 916 it'll heavily crash down to 834 & 805. Upward side 960 & 975 solid resistances, keep stop loss of 986 to your shorts.

M&M: (633) Sell or remain short considering 639-643-646 solid resistances keeping stop loss of 660. Downward side it'll fall down to 612-610 & 586.

BAJAJ AUTO: (1312) Sell considering 1321 & 1331 solid resistances keeping stop loss of 1350. Downward side it'll fall down to 1278 initially, which is a crucial support. Break below 1278 it'll crash down to 1252 & 1210.

JET AIR: (423) Sell considering 430 & 440 solid resistances keeping stop loss of 452. Downward side it'll fall down to 406 & 387.

HDFC Bank: (2304) Sell considering 2333 a solid resistance keeping stop loss of 2360. Downward side it'll fall down to 2256 & 2211.

PANTALOON: (281) Sell considering 289 a solid resistance keeping stop loss of 297. Downward side it'll fall down to 266 & 253.

RIL: (834) Break below 829 it'll fall down further to 811 & 796 from where corrective up surges will be seen. Upward side 854 & 865 solid resistances, keep stop loss of 875 to your shorts.

REL CAP: (521) It'll fall down to 514 initially, which is a most crucial support. Break below 514 it'll crash down to 488. Upward side 540 a solid resistance, keep stop loss of 546 to your shorts.

REL INFRA: (545) Sell on higher levels considering 560 a solid resistance keeping stop loss of 574. Downward side it'll fall down to 525 initially. Break below 525 it'll crash down to 505 & 489.

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