nifty calls

[MAGNET MAN]

magnet call for tuesday

as said if open positive then sell it for tgt of 4495, it happened

now, 4445 is crucial,if nifty sustain above this level then wud tgt 4647 in coming time
so 2 maro if u see 4445 then buy nifty with sl for minimum bounce back of 40-50 points.

and any day below this level(4445) short nifty for 4395(minimum)


warm regards
magnet man

 

[koolfriend4u]

Today, the markets kicked off positively and touched the intra-day high at 4,548. However, it could not sustain at higher levels and lack of buying interest dragged the index down into the red. Some selling pressure in index heavy weights like Bharti Airtel, Infosys, NTPC and ICICI Bank erased the gains made in early trades. Nifty tested its crucial resistance of 4,550 again and profit booking on higher levels followed soon.

On hourly chart, the momentum indicator RSI is moving towards the over sold zone again and KST is indicating a consolidation phase with negative divergence. On downside, we expect a strong support around the previous week’s low of 4,450 and a breach could see it test our short reversal levels of 4,380. Nifty is likely to resist around the lower trend line of the channel, which is around 4,515. On breaching upon this level, it is likely to test the crucial resistance of 4,550. The short-term bias is up with a target of 4,620 and the reversal is pegged at 4,380.

Today, Bharti Airtel closed negative and is likely to correct further with a target of Rs800. Infosys too has joined the bear’s party and is likely to test Rs1,740–1,765 on downside. Maruti has some strong support around today’s low of Rs860 and is likely to test Rs895–910 on upside.

-koolfriend4u

 

[anjanr]

hello koolfriend
u copied and pasted sharekhan commentary. hahaha

 

[arzoosingh]

Dear friends Hi,
I m holding Indiainfo@845, Rcom @ 545, Tata motor @ 699 ICICIbank @907> Should i hold them or exit?

Your recommendations are welcomed.


Regards

Exit Tata & R Com

 

[koolfriend4u]

hello koolfriend
u copied and pasted sharekhan commentary. hahaha

yes anjan...we need to share the info ultimately

happy trading

-koolfriend4u

 

[MAGNET MAN]

short nifty 4502(future) with sl 4508.5
tgt 4455(spot)

if not able to cross 4523(spot) today, then expect 4400 in coming days

warm regads
magnet man

 

[Czar]

yes anjan...we need to share the info ultimately

happy trading

-koolfriend4u

no we don't, especially on some else's thread... & any copy paste should mention the source

 

[aroymkp]

yes anjan...we need to share the info ultimately

happy trading

-koolfriend4u

Give credit to the original source othwerwise it is 420

 

[koolfriend4u]

Subex azure accumulate

tgt 725 + ( UBS investment quoted 760)

Hope two scripts showed remarkable upside momentum today 1.Rolta & 2.Subex azure

Subex has two significant things, one is that it has made the big acquisition in the UK, which has done the complexion of the company, so some extent that absorption that acquisition is taking place. Secondly, it is a product driven counter.

A good script to hold in pf.

Happy trading

-koolfriend4u

 

[MAGNET MAN]

Magnet Calls For Wednesday

yestrday sl trigged. loss of 6 points

once it crossed 4523, it was rocket.

now, today i don't think that there is need of call today.

res r 4610 and 4647

warm regards
magnet man