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Technical View on Indian Equities
TECHNICAL VIEW ON INDIAN EQUITIES | ||||||||
SCRIP |
SUPP |
RES |
TRADING CALL |
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NIFTY- 5362.95 |
5375 |
5455 |
Hold shorts taken at 5365- 75 with a stop at 5400 for a p.t. of 5320- 5340. Go long at the break of 5400 with a stop at 5370 for a p.t of 5450- 60 | |||||
5340 |
5535 |
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5320 |
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M&M- 765.3 |
764 |
767 |
Short in the 767- 771 range with a stop at 777 for a p.t. of 747- 755 | |||||
755 |
771 |
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747 |
785 |
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WIPRO- 349.4 |
341 |
351 |
Short at 351- 355 with a stop at 359 for a p.t. of 340- 41 followed by 326- 330 | |||||
326 |
356 |
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BANK NIFTY- 10426.75 |
10440 |
10600 |
Initiate longs in the 10300- 320 range with a STOP LOSS at 10260 for a p.t. of 10430- 450. Break of 10260, reverse pos. for a p.t. of 10100 | |||||
10390 |
10650 |
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10310 |
10700 |
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ICICI BANK- 956.4 |
945 |
972 |
Hold short pos. initiated at 965- 970 with a S/L at 977 for a p.t. of 945- 948. Break of 977, go long with a S/L at 970 for a p.t. of 993- 95 | |||||
924 |
995 |
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RIL- 816.15 |
812 |
821 |
Short in the 818- 821 range with a stop at 826 for an initial target of 812 followed by 804- 806 | |||||
804 |
846 |
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792 |
Astrology View
BUY: GREAT OFFSHORE, SBI, ICICI, Tata Motors, United Spirit, Tata Steel, Cairn, Praj industries
SELL: Sterlite
Integrate Market Timing in your Portfolio
Mr. Rajeev Prakash
Rajeev is a well-known astrologer based in central India who has a deep understanding of both personal and mundane astrology. His team has been closely monitoring the movements of various global financial markets, including equities, precious metals, currency pairs, yields, and treasury bonds.
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