Friday, May 22, 2009

Technical Strategy: 21st May 09

F. Nifty levels:-
Pivot Point: 4250 ; Resistance: 4296 ; Support:4173

Positional view of Trend changing stocks

Stocks to Buy at Lower levels.
BIOCON LTD. @ 159.40 , Sl 157.00 ,Cmp163.15
CASTROL @ 344.33 , Sl 332.00 ,Cmp347.75
CORE PROJECT @ 125.27 , Sl 116.00 ,Cmp135.00

Stocks to Short at Higher levels.
CIPLA LTD. @228.63 , Sl 232.00 ,Cmp216.50
CRISIL LTD @3091.52 , Sl 3160.00 ,Cmp3065.40

Previous days High Crossed: BAJAJ AUTO ,BHARAT ELECT ,BHARAT PET. ,BIOCON LTD. ,CHENNAI PET., HIND.PETRO , INDIAN OIL , M&M FINANSER ,MAHA.TELE , NMDC LTD ,
NTPC LTD , ONGC CORPN ,REL COM LTD , TECH MAH

Previous days Low Crossed:ABAN OFFSHO , BHARAT FORGE , CANARA BANK , CORPN.BANK , DLF LIMITED , GRASIM IND. , GLAXOSMITH , HINDUS.ZI , ICICI BANK , IDEA CELL , INFRA DEVFIN , KOTAK MAH.BK , LARSEN & TOU , MARUTISUZUK , STATE BANK , STEEL AUTH., TATA POWER , TCS LTD.

allvoices

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