Tuesday


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