NIFTY SUPPORT:-
Nifty moves above and stays above 4730-4740 resistance zone,
it will try to touch further higher levels.
if it fails to move ahead this resistance zone,
it may surrender its gains and may fall from this level.
lower levels Nifty takes support near 4675-4655 support zone on,
any intra day decline, again it will bounce back and move in upward direction.
INTRADAY STOCK:-
S.B.I :
Buy this stock on declines near 1835, 1830, 1825
Targets of 1850, 1870.
Keep Stop Loss at 1815.
Moving above 1870,It will try to touch 1890, 1910 on higher side.
TATA MOTORS :
Buy this stock on declines near 427, 425 for
Targets of 431, 435.
Keep Stop Loss at 420.
Moving above 435,It will try to touch 440, 445 on higher side.
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Posted by
Dharmik Patwa
Tuesday, August 4, 2009
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