NIFTY SUPPORT:-
Nifty takes support near 4550-4535 support zone on any intra day decline,
it will bounce back and move in upward direction. At higher levels,
if Nifty faces resistance to move above 4675-4690 resistance zone,
again it may surrender its gains and fall to lower levels.
INTRADAY STOCK
S.B.I :
Buy this stock at lower levels or on declines near 1775, 1770, 1765
on evidence of support and bounce back for targets of 1795, 1815.
Keep Stop loss at 1755. Moving above 1815,
this stock may even try to touch 1835, 1855 on higher side.
TATA STEEL :
Buy this stock at lower levels or on declines near 464, 460
targets of 468, 474, 482, 485.
Keep Stop loss at 455
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Posted by
Dharmik Patwa
Friday, August 14, 2009
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