SENSEX VIEW:

TODAY THAT TREND LINE SUPPORT IS AT 17570, SO IF IT BREAKS AND SUSTAIN BELLOW 17570 FOR HALF AN HOUR, THEN DOWN SIDE CONFORM UP TO 17500 TO 17410 AND POSSIBLE UP TO 17300.. BELOW 17270 DOWN, TARGET 17060, 16950

SENSEX HAS RESISTANCE AROUND 17940 TO 18075 LEVELS, SO IF SENSEX BREAK AND SUSTAIN AB 18100 FOR HALF AN HOUR THEN UP SIDE CONFORM UP TO 18300 TO 18350 AND POSSIBLE UP TO 18510 (TO FILL THE GAP DOWN OPEN WHICH HAD HAPPENED ON 5TH FEB)


ASSUME FERTILIZER STOCKS WILL HAVE SOME BENEFIT FROM BUDGET, SO CHAMBLE FERT, NAGAR FERT, NATIONAL, TATA CHEMICAL, RASTRIYA CHEMICAL ARE GOOD, I WILL SEND THE BUY RATE THROUGH SMS,

PHARMA STOCKS ALSO GET SOME BENEFIT, BUT IT ALREADY WENT UP, SO BE CARE FULL OR BE QUICK IN PROFIT BOOKING ( THEY WILL MOVE FURTHER ACCORDING TO THE BENEFIT FROM BUDGET),


BUY CHAMBLE FERT AB 65 TO 67 TARGETS 72, 81, S/L 59 ON CLOSING BASIS

CHAMBLE FERT

DON’T TRACE THE FLYING SCRIPTS, BE CARE FULL

BEST OF THE DAY

EIH LTD AB 195
HEROHONDA AB 750
ITC AB 206
MM AB 686

SENSEX VIEW 28-02-08

YESTERDAY SENSEX BROKE THE TRIANGLE UP SIDE TREND LINE,(RESISTANCE LINE), WENT UP, AND CAME DOWN, ALSO IT TOOK SUPPORT IN THE SAME TREND LINE (17770), TODAY THAT TREND LINE SUPPORT IS AT 17674, SO IF IT BREAKS AND SUSTAIN BELLOW 17650 FOR HALF AN HOUR, THEN DOWN SIDE CONFORM UP TO 17500 TO 17410 AND POSSIBLE UP TO 17300..

SENSEX HAS RESISTANCE AROUND 18020 TO 18075 LEVELS, SO IF SENSEX BREAK AND SUSTAIN AB 18100 FOR HALF AN HOUR THEN UP SIDE CONFORM UP TO 18300 TO 18350 AND POSSIBLE UP TO 18510 (TO FILL THE GAP DOWN OPEN WHICH HAD HAPPENED ON 5TH FEB)
DUE TO F&O EXPIRY AND BUDGET, I EXPECT SOME VOLATILE IN THE RANGE OF 17600 TO 18100, IF ANY ONE BREAKS (17660 OR 18100) THEN NEXT MOVE MAY BE AS MENTIONED ABOVE

GMDC

A LONG AND STRENGTH TREND LINE RESISTANCE IN GUJARAT MINERAL, IS AT 437 TO 440 LEVELS, 4 TIME IT HAD ACTED AS A STRENGTH RESISTANCE, SO IF IT BREAKS THE 440 THEN GOOD MOVE WILL BE THERE, SO BUY GMDC ONLY AB 440 WITH TARGET OF 460, 490 WITH IN 10 TO 15 DAYS, S/L 427 ON CLOSING BASIS

GMDC

KEMROCK IND (526015)

LOOKS GOOD FOR SHORT TERM, BUY AT DECLINE AROUND 660 S/L 620 TARGET 730, 750 WITH IN 10 DAYS, PATIENT PLAYERS CAN BUY UP TO 630 LEVEL ALSO, ABOVE 685 FAST MOVE WILL BE THERE, IT IS FORMING TRIANGLE AND CUP WITH HANDLE FORMATION

KEMROCK IND

TODAY BEST
ULTRA TECH AB 926 T 950, 960, S/L 910
GE SHIP AB 455
ONGC AB 1055
IND BULL REAL AB 679

SENSEX VIEW

AS I TOLD YOU YESTERDAY, SENSEX TOOK SUPPORT AROUND 17140, WHICH IS FIBONACCI SUPPORT 61.8% (17160), AND GOT LITTLE BIT DOWN UP TO 17138 TO FILL THE GAP UP OPEN WHICH HAD HAPPENED ON
14-02-08, AFTER THAT VERY GOOD REVERSAL HAPPENED, THIS IS WITNESSES OF THE BULL BACK UP TO 18500, EVEN THOUGH, STILL WE HAVE TO BE CARE FULL UP TO BUDGET, NOW THE S/L IS AT 17000 TO 16950 ON ONE DAY CLOSING BASIS,

SENSEX HAS SUPPORT AROUND 17590, BELOW 17400, 17200, 17000, 16950

SENSEX HAS RESISTANCE AT 17690 ABOVE 17810, 17920, 18020*, 18200, 18400*, 18510*

FRESH BUYING WILL BE INITIATED ONLY AB 19000 ON CLOSING BASIS FOR 3 DAYS

sensex

CHAMBLE FERT
FORMING TRIANGLE AND CUP WITH HANDLE FORMATION, THIS WILL GET BREAK OUT ONLY AB 65, SO PATIENT PLAYERS CAN BUY IT AB 65 WITH THE TARGET OF 72 AND 82, S/L 60

chanble fert

BEST OF THE DAY

INFOSYS BUY AB 1631
STERLIT IND BUY AB 825
CEMENT SECTOR LOOKS GOOD

SENSEX VIEW

SENSEX HAS STRONG CHANNEL SUPPORT AROUND 17340 RANGE AND 200 DMA IS AT 17240 RANGE , SO BELOW 17240 MARKET FURTHER WEAK UP TO 17K, BELOW 17K ANOTHER 1000 ++ POINTS COME DOWN (15800 TO 15700)

SO BELOW 17200 ON CLOSING BASIS, CLOSE UR ALL LONGS TO BE IN SAFER SIDE

ALL ARE SHOUTING ABOUT SENSEX 14K , AND 1OK, IN MEDIA

REMEMBER ONE THING, IF ALL ARE MAKING SOUND IN MEDIA ABOUT DOWN OR UP, ALWAYS MKT DOING ULTA, EVEN THOUGH BE PERFECT IN UR S/L AS 17K BREAK WITH ONE DAY CLOSING BASIS..

SENSEX RESISTANCE AB 17450 NEXT – 17530, 17620, 17720, 17800, 18050
SENSEX SUPPORT 17340, 17240, 17200 BELOW CARE FULL..

TATAPOWER

TATAPOWER HAS VERY GOOD TREND RESISTANCE AROUND 1398, THIS TREND WILL BE BROKEN ONLY AB 1400 FOR FURTHER UP MOVE, SO BUY AB 1400 WITH A TRAGET OF 1435, 1470, 1510, AND KEEP THE S/L AS 1365, WITH IN WEEK TIME.

Tata Power

BRFL

BRFL FORMING PENANT AND TRIANGLE FORMATION, THIS FORMATION WILL GET BREAK OUT ONLY AB 352, FOR FURTHER UP MOVE
SO BUY BRFL AB 354 WITH TARGET OF 385 TO 390, SMALL RESISTANCE IS THERE AROUND 362, AND KEEP THE S/L AS 348 WITH IN 10 DAYS

IF U HAVE CHANCE TO BUY AROUND 312 RANGE (IF ANY CORRECTION), BUY AND KEEP THE S/L AS 310 ON CLOSING BASIS WITH 2 MONTHS VIEW.

Brfl



BEST OF THE DAY

BUY
VOLTAS AB 212.5
BRUSHMAN IND AB 100

SELL
RANBAXY BL 406

SENSEX VIEW

BELOW 17680 SENSEX MAY COME DOWN TO 17400, 17250, NOW (TODAY) THE CHANNEL SUPPORT IS AROUND 17250 TO 17200, BELOW 17000 CARE FULL (15850 TO 15700)

ABOVE 17940 SENSEX MAY GO UP TO 18100 TO 18150, (18150 IS THE TREND LINE RESISTANCE), IF BREAKS AB 18200 NEXT MOVE UP TO 18510

SO MARKET WITNESSES THE VOLATILE MOVE FOR SOME MORE DAYS, (UP TO BUDGET) SO BE QUICK ON UR PROFIT,

BRUSHMAN IND FORMING SEMI CUP WITH HANDLE FORMATION, THIS WILL GET BREAK OUT ONLY ABOVE 96.5, SO BUY AB 97 WITH THE TARGET OF 105 TO 107, AND IT HAS PERFECT CHANNEL BREAK OUT ABOVE 109, IF IT BREAKS AND CLOSE AB 110 THEN IT WILL MOVE TOWARDS THE TARGET OF 150++ ( WITH IN A MONTH OR B4).

brushman ind

NEYVELI LIG FORMING TRIANGLE FORMATION, BUY AB 165.5, TARGET 178 TO 180 AND KEEP THE S/L AS 156, IF IT CLOSE AB 152 U CAN KEEP WAIT FOR THE TARGET FOR NEXT WEEK

neyveli

BEST OF THE DAY

SAIL AB 240
PUNJLLYOD AB 392
RANBAXY BL (BELOW) 413BUY IF THEY SUSTAIN THE ABOVE RATE WITH GOOD VOLUMES

LITL HAS VERY GOOD SUPPORT AROUND 425, (THIS IS TRIANGLE SUPPORT) SEE THE CHART, SO BUY WITH S/L OF 423 TARGET MAY BE 450, 470, 480 WITH IN 10 TO 15 DAYS, IF IT BREAKS THE 425 THEN 405 AND 384 IS THE NEXT SUPPORT AREA

LITL CHART

SENSEX VIEW

SENSEX IS FORMING THE PERFECT CHANNEL AS WELL AS THE PERFECT TRIANGLE( SEE THE CHART), IT HAS THE CHANNEL BOTTOM SUPPORT AROUND 17150 TO 17100, IT HAS CHANNEL UPPER RESISTANCE AROUND 18550 TO 18700, TRIANGLE RESISTANCE AROUND 18300, SUPPORT AROUND 17050 TO 17100

SO NOW WE CAN COME TO KNOW THAT SENSEX HAS VERY GOOD SUPPORT (TRIANGLE & CHANNEL SUPPORTS) AROUND 17100 TO 17000 RANGE, AND THERE IS 200 DMA ALSO THERE AROUND 17240 RANGE

IF SENSEX BREAK THE 17000, THEN I EXPECT THE ANOTHER 1400 POINTS DOWN SIDE WHICH IS AROUND 15700 (NEAR THE PRIMARY TREN ALSO) (SEE THE 2ND CHART)

SO U JUST START TO INVEST IN THE RANGE OF 17100, AND KEEP THE S/L OF 17K, UPTO BUDGET MARKET WITNESS THE VOLATILE MOVE, FROM 18500 TO 17100 RANGE FOR SOME MORE WEEKS (2 TO 3 WEEKS, MAY BE FOR CONSOLIDATION)
FRESH BUYING WILL BE INTIATED ONLY ABOVE 19000 ON CLOSING BASIS

CHART 1 CNANNEL & TRIANGLE OF SENSEX




CHART 2 , PRIMARY TREND OF SENSEX

BEST OF THE DAY

GMR INFRA AB 176
ROLTA AB 307
BUY IF THEY SUSTAIN THE ABOVE RATE WITH GOOD VOLUMES

SENSEX HAS RESISTANCE AROUND 18420 TO 18450 LEVELS

GLORY POLY A PERFECT TREND LINE RESISTANCE AROUND 101, SO BUY GLORY POLY AB 105 TAR 111,115, S/L 99, HIGH RISK TRADERS CAN BUY AB 101 ALSO BUY RISKY

glory poly

ASHOK LEYLAND FORMING FLAG AND CHANNEL FORMATION SO , BUY AB 38.5 TAR 41.5, 44, 47, S/L 36.5

ashok leyland

Today’s best buy

RIL AB 2650 TO 2654
SAIL AB 236

SENSEX VIEW

SENSEX HAS THE RESISTANCE AROUND 18300 TO 18350 AB 18550 TO 18600
DON’T BE IN TOOMANY LONG POSITION, BOOK QUICK PROFIT, IF MARKET TAKE RESISTANCE AROUND THESE LEVELS, THEN MARKET HAVE TO COME 17K, IF BREAKS ANOTHER 1500 AGAIN DOWN SIDE POSIBLE, SO BE CARE FULL, AND DON’T TAKE ANYTHINK TO HOME FOR SOME MORE DAYS

ESCORTS DONE BREAK OUT OF 3 FORMATION WHICH ARE CHANNEL, FLAG AND HEAD & SOLDER, SO BUY ONLY AB 113 T 120,130,++, S/L 104 WITH IN THIS WEEK OR B4.

CLICK ON IMAGE FOR LARGE VIEW



BAJAJ HIND FORMING CHANNEL AND THE CHANNEL WILL BREAK ONLY AB 270, SO BUY AB 271 TARGET 294,305, 310,325 WITH IN A WEEK OR 10DAYS, S/L 261, MARKET LOOKS JUST STRUGGLE, SO BE QUICK IN UR PROFIT.

CLICK ON IMAGE FOR LARGE VIEW


TODAY'S BEST BUY

KS OIL AB 87

sensex view- 18-02-08

sensex has fibonacci resistance (85.4%)( from18895 to 16457) around 18550,

sensex has to fill the gap down which had happended on 06-02-08 around 18500 to 600 range

sensex has 50 day moving average around 18580 range

and sensex has trend line resis around 18550 range

so this rally may go up to 18500 to 18600 range, so be quick in ur profit, and dont take any thing to home for some more days, be in safer side, and keep the s/l

today best to watch

tisco ab 825

bob ab 420

dlf ab 895

BPCL HIT 475 TODAY IT SELF, AND NICHOLAS HIT 333

BEST BUY

BPCL FORMING PENANTS FORMATION, AND TRIANGLE FORMATION ALSO , SO PATIENT PLAYERS AND WHO CAN ABLE TO ADD THIS AT DECLINE CAN BUY BPCL AROUND 410 AND UP TO 435 TARGET 455, AB 455 IF SUSTAIN NEXT TARGET 475, 485, AND KEEP THE S/L AS 394 ON CLOSING BASIS





INDIAN BANK VERY GOOD FOR SHORT TERM SO BUY ON DECLINE 190 RANGE
MARKET HAS VERY GOOD SUPPORT AROUND 16200 IF IT BREAKS THE THE FOLLOWING WILL HAPPEN IN MARKET, THIS RALLY LIMITED UP TO 18K, SO TRADERS CAN BUK QUICK PROFIT, DONT TAKE ANY THING TO HOME FOR SOME MORE DAYS

AS I TOLD U, MARKET TOOK SUPPORT AROUND PRIMARY TREND LINE (15330)