1. SHAH ADVISORY
Daily Morning
Newsletter
27-11-2012
Vivek A. Shah
2012
WWW.SHAHADVISORY.COM

2. Tuesday, 27 November 2012  - www.shahadvisory.com
Shah Advisory – Daily Morning Newsletter
BSE Sensex – 18537.01
TREND / PERIOD DAILY WEEKLY MONTHLY
DIRECTION DOWN DOWN UP
Trend Change Level 18615 18700 17440
(Closing Basis)
Overall trend looks weak. Intraday to short term buying is advisable only on cross above 18600.
While if we cross below 18500 than shorting is advisable for immediate level of 18400-18250.
S&P 500(USA) – 1409.15
S&P 500 is likely to touch the level of 1422-1423 on the upsides. It may find there good resistance &
will again turn down.
AXIS BANK – 1265.80
Overall trend is positive. Positional traders must keep stop loss of 1235 for any long positions on
closing basis. Short term traders who entered long positions in the stock around mentioned levels of
1255-1257 can keep stop loss of 1248 and expect the levels of 1280-1285 in the coming days.
ICICI BANK – 1018.30
Overall trend is weak. As mentioned, 1020 is likely to be a short term base which was broken in
trade yesterday. Now intraday to short term traders need to look for shorting around this level for
the expected levels of 1000-1002 to 992.
RELIANCE INDUSTRIES – 773.65
Overall trend is weak. But as mentioned, RIL has probably made a short term bottom around 760-
761. Now short term traders who have entered long around 772-774 levels need to keep stop loss of
770. Intraday short below 770 for the level of 760-761 & any fall below 760 will open further
downside to 750-740-733.
TATA MOTORS – 263.20
Overall trend is negative to sideways. Those intraday players who entered long around the
mentioned level of 262, got chance to book profit around given level of 265 as the stock made a high
of 267.20. Now those who have not booked profit can keep stop loss of 257 for the remaining
position 7 look for the levels of 269 to book profit.
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3. Tuesday, 27 November 2012  - www.shahadvisory.com
Shah Advisory – Daily Morning Newsletter
TATA STEEL – 371.85
Overall stock is in the negative trend. As we mentioned, intraday buying was advisable around 364-
365 levels & stock opened around that level and rallied to 374 to attain all our mentioned levels.
Now those who have not booked profit can look for booking profit around 376-377 levels & keep
stop loss of 366.
Stocks with Positive Breakout
Stock Name Buying Range
Arvind Ltd. 85.10-85.20
Delta Corp. 78.20-78.30
Bata India 908.60-909.40
Hind Zinc 139.05-139.20
IDFC 163-163.20
Pantaloon Retail 197.20-197.40
Apollo Tyre 84-84.10
HUL 540.60-541
LT 1615-1617
Reliance Capital 396.20-396.80
Stocks with Negative Breakout
Stock Name Selling Range
M&M 919-920
Finan Tech 1085-1088
OBC 310.50-311
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