NIFTY SUPPORT:-
Nifty moves above and stays above 4670-4690 resistance zone,
it will try to touch further higher levels.
However, if it fails to move ahead this resistance zone,
it may surrender its gains and may fall from this level. At lower levels,
Nifty takes support near 4615-4590 support zone on any intra day decline,
again it will bounce back and move in upward direction.
INTRADAY STOCK:-
INFOSYS :
Buy this stock on declines near 2050, 2045 for targets of 2065, 2080.
Keep Stop Loss at 2025. Moving above 2080,
this stock will try to touch 2100, 2115 on higher side.
S.B.I., :
Buy this stock on declines near 1895, 1790, 1785 for targets of 1810, 1830.
Keep Stop Loss at 1765.
Moving above 1830, this stock will try to touch 1850,
1870 on higher side
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Posted by
Dharmik Patwa
Monday, August 3, 2009
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