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Articles: Stock Market | Stock Market Summary - Editor
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Market analysis: We are continuously asking to buy in dips and sell in rallies. Market started falling from 8821 & supported at 7656.Total fall counts as 1165 points. 50 % Retracement of the current fall will be 8238 Retracement of 61.8% the current fall will be 8375 & Retracement of 80% the current fall will be 8588. Traders or investors watch the above levels closely .
Day traders Strategy : Buy in dips and sell in rallies continues.
Investors strategy :Market has taken very good correction with in short span. One can start buying for long term as well as medium term. Buy fundamentally good stocks.
INDEX & STOCKS LEVELS FOR DAY TRADING
ALL LEVELS MEANT FOR FUTURE TRADING
NIFTY FUTURES (2485.45):TREDN DECIDER IS 2490
Supports are 2472/2445.Resistances are 2520/2538/2575.
BANK NIFTY (4084):TREND DECIDER IS 4080
Supports are 4068/4040/4000.Resistances are 4110-4120.Above 4120,more bullish up to 4190.
Some thing special
CANARA BANK (214.90):TREND DECIDER IS 216
Buy above 216,will touch to 219/222/225(good resistance).Supports are 212/209/206.
TCS (1472):TREND DECIDER IS 1485
Supports are 1461/1430.Resistances are 1485/1515.
IBP (519.65):Last resistance is 530.Above 530,it will touch to 550 with in 24 hr.
IPCL (225.65):TREND DECIDER IS 225
Buy with stop loss of 219, will touch to 229/232.Supports are 219/216.
I-FLEX(907):TREND DECIDER IS 910
Sustain above 910 will touch to 918/925/945(good resistance).Supports are 900/884/875.
NTPC (102.10):TREND DECIDER IS 102
Supports are 99/96/95.Resistances are 104/106(good resistance).
HIND LEVER (169.3):TREND DECIDER IS 170
Supports are 166/164/162 .Resistances are 172/174/177.
INFOSYS(2642.05) : TREND DECIDER IS 2665
Supports are 2620/2600/2555 .Resistances are 2665/2690/2720.
ITC(126.90):TREND DECIDER IS 125
Supports are125/122/120 .Resistances are 127-128(GOOD RESISTANCE ZONE).
POLARIS(108.40):TREND DECIDER IS 106
Supports are 106/103 .Resistances are 109/112.
RELIANCE(794.90):TREND DECIDER IS 795
Supports are784/768/760 .Resistances are 799/805/819
SATYAM COMP(639.70):THE ONLY STOCK TRADING AT 52 WEEKS HIGH
TREND DECIDER IS 640
Supports are 630/618/612 .Resistances are 645/651.
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