Indian stock markets had a volatile outing today as they oscillated to either side of yesterday's close. Whatever attempts were made to notch gains were thwarted by profit booking at higher levels. Selling activity took toll in the final hour as the indices closed below the dotted line. Sensex closed lower by around 18 points (down 0.1%), Nifty closed lower by around 10 points (down 0.2%). The BSE Midcap and BSE Small cap bucked the trend as they closed higher by 0.1% and 0.2% respectively. Gains were seen in consumer durables and IT stocks, oil & gas and banking stocks were at the receiving end.
Trading View.....
- Trader was told to buy LT for a target of 1730-35 level with a stop loss of 1666. Trader can book profit @1740-1745 level. LT made a high of 1742.
- Trader can bought Tata Steel @ 615-616 for target of 628-630.
- Nifty future can bought 5860-5862 level for a target of 5900-5920 level. Nifty made a high of 5925.
- Trader should look at Sbi & Aban off. SBI was preclosed at 2861 made a high of 2960 & closed 2915 while
- Aban was preclosed at 668 made a high of 685 & closed 678. Both Aban & sbin made a good return.
- We told to Watch for CBI Charge-sheet in morning also, It can change out market's sentiment. Trader should take their desicion according market sentiment although we expect positive market today and tomorrow. Check our charts ... It changed market 's sentiment also.
SAME CHART PUBLISHED NOT ONLY TODAY, BUT ON 25'TH APRIL. IF TRADER KNOWS THIS IN ADVANCE HE CAN NOT ONLY TRADE PROPERLY BUT INVEST IN HIS TRADE ALSO. THAT IS WHY WE SAY "STOP GAMBLING START INVESTING".
Tata Steel ADVANCE SCIENTIFIC Chart 25'th April 2011:-
(Forecasting to happen during Trading Hours)
Tata Steel Chart From NSE 25'th April 2011:-
(Chart Taken from National Stock Exchange After Trading Hours closed)
Suggestions & E-mail's always welcomed @ janinishant@gmail.com
9374083399
Nishant Jani
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