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BSE Sensex – 20247.33
TREND / PERIOD DAILY WEEKLY MONTHLY
DIRECTION UP UP UP
Trend Change Level
(Closing Basis)
19150 19100 17670
Overall trend is positive. It has closed above 19850, so now we are suggesting buying above 20280
for short term buying keeping stop at 19630.
Overall trend is positive. Hold long positions with stop at 19950 on closing basis.
S&P 500(USA) – 1658.75
Overall trend is positive. It has attained our target of 1640-1644. Now those who are holding longs
can keep stop at 1623.
Overall trend is positive. Hold long positions with stop at 1630 on closing basis and look for higher
levels of 1660-1670 to book part profits.
AXIS BANK – 1530.90
Overall trend is positive. It has closed above resistance level of 1480. If it sustains above 1520 than
buy for short term trading keeping stop at 1500.
Overall trend is positive. We advised to buy above 1520 and it made a high around 1540.hold long
positions with stop at 1505 and look for the levels of 1560-1580 to book profits.
ICICI BANK – 1207.50
Overall trend is positive. Look for buying above 1203 for short term target of 1225-1245 keeping
stop at 1172.
Overall trend is positive. Hold longs with stop at 1185 and look for the levels of 1225-1245 to book
profits.
RELIANCE INDUSTRIES – 840.65
Overall trend is positive. It has triggered our stop loss for short position at 812. If sustains above 822,
we can expect levels of around 840 in coming days.
Overall trend is positive. We advised to buy above 822 and attained target of 840 in intraday trade
itself. Those holding longs need to keep stop at 828 and look for booking part profit around 845
levels.
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TATA MOTORS – 303.65
Overall trend is positive. Hold short positions with stop at 312 and look for the lower levels of 302-
300 to book profit.
Overall trend is positive. It has almost attained our initial target of 302 for short position initiated
around 318 levels. Hold position with stop at 307 and look for levels of 300 to book part profit if not
booked at 302-303 levels.
TATA STEEL – 311.80
Overall trend is down. It may face resistance around 310-312 levels.
Overall trend is down. If closes above 312 than we may see some up move till 320. Not advising any
trade now. If sustains below 307, we may see move till 302-300 levels.
SBI – 2419.35
Overall trend is positive. We advised to buy above 2322 and it made a high around 2392. Look for
booking profits around 2425-2430 levels keeping stop at 2360.
Overall trend is positive. We advised buy above 2322 on 15-05-2013 and it attained our target of
2425-2430 as recommended. Anyone needs to hold positions for higher target can keep stop at 2370
and look for levels of 2480-2520 to book full profits.
USDINR – SPOT – 54.7800
Overall trend is sideways to positive. It has just turned from our mentioned stop loss level. Hold
positions with stop at 54.65 if not booked around 54.90 levels. if sustains above 54.95, again we may
see levels of 55.20. If not able to sustain above 54.65 and falls below it, we may see levels of 54.50.
Overall trend is sideways to positive. Hold positions with stop at 54.65 and look for the levels of
55.20 to book part profits. If sustains below 54.65, initial target will be 54.50.
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Stocks with Positive Breakout
Stock Name Buying Range
JP Asso. 81.10
Siemens 583
REL Infra 440
Stocks with Negative Breakout
Stock Name Selling Range
Dabur 157
INFY 2354
ITC 331.80
TCS 1440
TITAN 275
HCL Tech. 728
Weekly Support & Resistance levels
Scrip Close S3 S2 S1
Trend
Down
Trend
Up
R1 R2 R3
SENSEX 20122.32 19330 19550 19681 19780 19920 20160 20286 20370 20510
Nifty Spot 6107.25 5860 5920 5969 5999 6043 6120 6185 6229 6300
Axis Bank 1472.45 1402 1418 1428 1445 1459 1488 1515 1540 1556
ICICI Bank 1167.95 1068 1083 1109 1134 1150 1176 1201 1216 1242
Reliance Ind. 814.10 768 781 789 802 809 824 835 848 856
TATA Motors 307.55 277 282 288 293 299 311 320 326 337
TATA Steel 318.70 299 304 307 312 315 322 326 332 335
SBI 2305.70 2128 2183 2237 2254 2292 2330 2360 2380 2415
NOTE –
Red colour – Last View / update on the scrip
Green colour – Current View / update on the scrip
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