NIFTY SUPPORT:-
Nifty takes support from 4560, 4535 support zone on declines,
again it will bounce back and move in upward direction.
On recovery, If Nifty faces resistance to move above and stay above 4590-4610 resistance zone,
again it may surrender its gains and fall to lower levels.
INTRADAY STOCK
INFOSYS :
Sell this stock below 2040 for down side targets of 2030, 2020, 2010.
Keep stop loss at 2060.
ONGC. :
Buy this stock at lower levels near 1135, 1130, 1125
on evidence of support and bounce back for targets of 1145, 1155, 1165.
Keep Stop Loss at 1120.
You can also sell stock at higher levels
Dt faces resistance to move above and stay above 1165, 1170
Down side targets of 1155, 1145, 1135.
Keep stop loss at 1180 for short position.
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Posted by
Dharmik Patwa
Friday, August 7, 2009
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