Tuesday, June 17, 2008
DAILY UPDATE----18-06-2008
As we continuously telling you that there is no strength in the market, and still it is same, because bullish of the market from the 2 days is just a technical bounce back and nothing else .do not assume this bull run as bullishness because the RSI of the market is being bearish, and in 1 or 2 days the big movement in the market is going to be come in the market, and I will be bullish and it will make the market bearish, so do not do any purchasing at the higher level.
If today NF trades above 4625 then it can go 4686, 4721 to 4831, but if NF breaks 4625, and then breaks 4575 then a sudden sharp fall can be seen, and it can go 4502, 4393 to 4343.
1) Sell NF Below @ 4625 Target 4576-4502 to 4393. SSL 4721.
2) Sell BHEL Below @ 1536 Target 1521-1495 to 1446. SSL 1601.
3) Sell CMC Below @ 671 Target 662-646 to 615. SSL 713.
4) Sell HCL_TECH Below @ 291 Target 289-283 to 274. SSL 304.
5) Sell RCOM Below @ 529 Target 524-515 to 499. SSL 550.
6) Buy ACC Above 638 Target 644-647 to 659. SSL 626.
7) Buy BHARTI Above @ 636 Target 844-853 to 874. SSL 809.
8) Buy CANBANK Above @ 208 Target 214-219 to 233. SSL 192.
9) Buy HINDALCO Above @ 173 Target 176-179 to 185. SSL 166.
10) Buy RANBAXY Above @ 582 Target 594-603 to 629. SSL 553.
www.prafulstockpiks.com
TYPE ON UR MOBILE: join prafulstockpiks AND SEND 567673434
If today NF trades above 4625 then it can go 4686, 4721 to 4831, but if NF breaks 4625, and then breaks 4575 then a sudden sharp fall can be seen, and it can go 4502, 4393 to 4343.
1) Sell NF Below @ 4625 Target 4576-4502 to 4393. SSL 4721.
2) Sell BHEL Below @ 1536 Target 1521-1495 to 1446. SSL 1601.
3) Sell CMC Below @ 671 Target 662-646 to 615. SSL 713.
4) Sell HCL_TECH Below @ 291 Target 289-283 to 274. SSL 304.
5) Sell RCOM Below @ 529 Target 524-515 to 499. SSL 550.
6) Buy ACC Above 638 Target 644-647 to 659. SSL 626.
7) Buy BHARTI Above @ 636 Target 844-853 to 874. SSL 809.
8) Buy CANBANK Above @ 208 Target 214-219 to 233. SSL 192.
9) Buy HINDALCO Above @ 173 Target 176-179 to 185. SSL 166.
10) Buy RANBAXY Above @ 582 Target 594-603 to 629. SSL 553.
www.prafulstockpiks.com
TYPE ON UR MOBILE: join prafulstockpiks AND SEND 567673434
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