NIFTY & SENSEX VIEWS: (17th Sept 2012)
NIFTY
Trend-Strong
SENSEX
Trend-Strong
If NIFTY breaches 5611 and stays above at least 5594 with good volume then NIFTY trend is becoming 'STRONG' and may see 5630, 5650 and 5680. :clap:
If Nifty breaches 5544 and stays below 5562 then NIFTY trend is to be 'WEAK'.Then expected lower targets are 5520, 5490 and 5450.
If SENSEX breaches 18582 and stays above 18523 with good volume then Sensex trend is becoming 'STRONG' , possible upper targets are 18650, 18725 and 18830. :clapping:
If SENSEX crosses 18346 and stays below 18406 with good volume then Sensex trend is said to be 'WEAK'.Then expected lower targets are 18265, 18150 and 18010.
Intraday break out level to watch on NIFTY Spot- 5611
Intraday break down level to watch on NIFTY Spot- 5544
BANKNIFTY FUTURES
BUY -10715 TARGETS -10785,10900,11150 SL-10685
SELL-10580 TARGETS -10510,10400,10150 SL-10630
AXISBANK FUTURES
BUY -1014 TARGETS -1019,1028,1047 SL-1009
SELL-995 TARGETS -990,976,955 SL-1000
INFY FUTURES
BUY -2647 T-2663,2690,2735 SL-2636
SELL-2622 T-2605,2570,2532 SL-2632
Intraday Cash Calls:
HINDALCO
BUY -119.10 TARGETS -120.10,121.40,122.70 SL-118.10
SELL-116.70 TARGETS -115.70,114.70,113 SL-117.70
TATAMOTORS
BUY -271.90 TARGETS -273.90,275.90,278.50 SL-269.90
SELL-267.50 TARGETS -265.50,263.50,260 SL-269.50
NIFTY
Trend-Strong
SENSEX
Trend-Strong
If NIFTY breaches 5611 and stays above at least 5594 with good volume then NIFTY trend is becoming 'STRONG' and may see 5630, 5650 and 5680. :clap:
If Nifty breaches 5544 and stays below 5562 then NIFTY trend is to be 'WEAK'.Then expected lower targets are 5520, 5490 and 5450.
If SENSEX breaches 18582 and stays above 18523 with good volume then Sensex trend is becoming 'STRONG' , possible upper targets are 18650, 18725 and 18830. :clapping:
If SENSEX crosses 18346 and stays below 18406 with good volume then Sensex trend is said to be 'WEAK'.Then expected lower targets are 18265, 18150 and 18010.
Intraday break out level to watch on NIFTY Spot- 5611
Intraday break down level to watch on NIFTY Spot- 5544
BANKNIFTY FUTURES
BUY -10715 TARGETS -10785,10900,11150 SL-10685
SELL-10580 TARGETS -10510,10400,10150 SL-10630
AXISBANK FUTURES
BUY -1014 TARGETS -1019,1028,1047 SL-1009
SELL-995 TARGETS -990,976,955 SL-1000
INFY FUTURES
BUY -2647 T-2663,2690,2735 SL-2636
SELL-2622 T-2605,2570,2532 SL-2632
Intraday Cash Calls:
HINDALCO
BUY -119.10 TARGETS -120.10,121.40,122.70 SL-118.10
SELL-116.70 TARGETS -115.70,114.70,113 SL-117.70
TATAMOTORS
BUY -271.90 TARGETS -273.90,275.90,278.50 SL-269.90
SELL-267.50 TARGETS -265.50,263.50,260 SL-269.50