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Morning Letter For 26-10-09 |
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NIFTY FUTURE : Now major support for Nifty come at 4968 if break this then we see downside upto 4940 to 4897, At upside face resistance around 5011 anf then 5039. If cross this then zoom to kiss 5082 to 5110.
BSE SENSEX : Major support seen at 16714 if break this then panic upto 16619 to 16473 may seen. At upside hurdle at 16860 if cross this then go for 16955 to 17101.
RELIANCE : Now Last major support is 2004 if break this then 1962 to 1887 may seen. At upside face hurdle around 2079 and then 2121.
TATA STEEL : It has a good support around 521 break below create panic upto 511 to 494. at upside it will face hurdle at 537 if cross this then go for 546 to 563
SBI : Above 2335 no problem at all, it zoom to kiss 2398 to 2442 and may touch 2505 in extreme condition, Below 2335 it slide for 2291 to 2228.
TATA MOTORS : Intermidiate consolidation mood, Below 535 it slide for 518 to 508. at upside above 535 it zoom to kiss 546 to 563.
INFOSYS : It zoom to kiss 2286 if sustain above this level then go for 2312 to 2349. It has a support at 2249 and then 2223.
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