Guide- Candle Stock Patterns ( Tradeing Guide )

Thursday, March 31, 2011

01 April 2011

NIFTY SUPPORT- 5790 - 5650
        RANGE- 5800
   RESISTANCE- 5800 - 5850

NIFTY 200 DAYS MA IS 5691.NIFTY CLOSED ABOVE the 200 days SMA.


SELL NIFTY ONLY BETWEEN 5765-5750 SL 5795 ( SPOT ). TGT 5680-5620.
As we advised in AXISBANK , BHARTIARTL -- Both stocks are 5 % Down each - even in the market moves 50 points UP .


SOME MORE STOCKS are PROFIT BOOKING ZONE, Over brought, looking negative, may fall 10% from CMP, Please stay away from this stocks & DON'T take any fresh position in this stocks, how are all don't want to sell in this stocks please do the hedging in the stocks,  Stocks are mentioned below


ADANIENT

BHARTIARTL


BOSCH


MAX


LICHOUSING FIN


NTPC


PNB


ULTRACEMCO


WIPRO


YESBANK





NIFTY may fall until 5600 level please DONT take any  fresh position until break 6030 ( as we advised to take fresh position in the range of 5540 - 5550 please book your profit of 300 points and stay away, please dont HOLD )




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