Wednesday, May 25, 2011


1.Nifty future Is Unable To Break Its Resistance of 5380, Currently It Is Trading @ 5355,
If It Breaks The Support Level Of 5340, Then We May See Nifty Melting Towards 5325-5275,

It Is Very Important For Nifty To Trade Above 5380-5425 For Long Up move.


2.Icici Bank Is Showing Weakness Below 1010 Mark, Currently It Is trading @ 1008, If It Breaks Level Of 1005, Then We May See This Stock Towards 995-980 Soon, Resistance Stands @1017 Level.


3. Tata Motors Has Broke All Its Support Level For Near Term, We May See This Stock Heading Towards 1100-1050 Mark, This Stock Has Created New Range Between 1120 & 1150, But Unable To Pass Its resistance of 1175, We Are Negative On Tata Motors Below 1175 Mark.