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BSE Sensex – 19410.84
TREND / PERIOD DAILY WEEKLY MONTHLY
DIRECTION UP UP UP
Trend Change Level
(Closing Basis)
19360 19300 17750
Overall trend is positive but will turn down if trades below 19100. We mentioned that it has support
around 19300 and as it broke that level, made a low around 19150. On the higher side, it will face
resistance around 19450 levels.
Overall trend is positive. We mentioned that 19450 will be the resistance on higher side. Now keep
watch on this level, if sustain above this level than we may see higher levels of 19600 – 19700 –
19800. If not sustain and trades below 19250, we may see levels of 19100 – 19000.
S&P 500(USA) – 1615.41
Overall trend is down. 1610 on closing basis is important level. Resistance is around 1630-1636
levels.
Overall trend is down. Resistance is at 1630-1636 levels. On the lower side, support at 1610 on
closing basis.
AXIS BANK – 1264.95
Overall trend is down. As we mentioned, below 1300, it touched 1287-1280 and made a low around
1271. Now resistance is around 1315 levels. Those holding short positions may keep stop at 1315.
Overall trend is down. It made a low around 1260. If not booked full profit than keep stop at 1310.
ICICI BANK – 1063.70
Overall trend is down. Our trailed stop loss triggered so exited from the position. If it sustain below
1054, we may see lower levels, else we can expect it to touch around 1080-1100 in coming sessions.
Overall trend is down. Those who initiated shorts can keep stop at 1078. If sustain above it than exit.
Now if sustain above 1078, it can touch 1100 in coming days.
RELIANCE INDUSTRIES – 861.65
Overall trend is positive. As mentioned, once it trades below support of 862, it attained mentioned
levels of 853 and made a low around 848.
Overall trend is positive. If sustain above 870, we may see higher levels.
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TATA MOTORS – 292.30
Overall trend is down. We mentioned to buy around 280 with stop at 277 and it made a high around
289 intraday itself, so booked the position.
Overall trend is down. If sustain above 295, we may see higher levels.
TATA STEEL – 264.80
Overall trend is down. Our stop loss triggered so exited. Not advising any new trade now.
Overall trend is down. Not advising any new trade.
SBI – 1899.95
Overall trend is down. Trailed stop loss triggered for long positions. We also advised that below
1965, we may see lower levels and made a low around 1892.
Overall trend is down. Buy only if sustain above 1951. If it falls below 1868, it may touch 1850-1825
in coming days.
USDINR – SPOT – 60.13
Overall trend is positive. It attained levels of 60. We booked part profit around 60.1250 as informed
through twitter.
Overall trend is positive. If sustain below 59.90, than book remaining positions also.
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Stocks with Positive Breakout
Stock Name Buying Range
Tata Power 86.50
ACC 1250
Rel Capital 366.80
TCS 1544
Stocks with Negative Breakout
Stock Name Selling Range
Siemens 528
Bajaj Holding 753
NOTE –
Red colour – Last View / update on the scrip
Green colour – Current View / update on the scrip
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