12th August

4647 & 15555 crucial hurdles to watch out for.

Stock specific approach advisable.


BSE index: (15504) Watch out for crucial hurdle at 15555. Crossover above 15555 it'll sustain on higher levels & spurt up heavily to 15848 & 15905. Book profit at around 15905.
Downward side 15444 a crucial support, keep stop loss of 15368 to your buys.
Break below 15368 it'll turn weak & fall down to 15280, 15204 & 15121.


Nifty: (4621) Watch out for most crucial hurdle at 4648 crossover above which only it'll sustain on higher levels & spurt up to 4761, 4773 & 4803.
Keep stop loss of 4580 to your buys.
Break below it'll turn weak & fall down to 4544, 4500 & 4464.


RIL: (2326) 2357 a hurdle & trend decider.

REL INFRA: (1102) Looks good only. Buy. Crossover above 1114 it'll spurt up further.


SBI: (1592) Crossover above 1599 it'll surge up further. 1710 a laxmanrekha in any case.

HDFC Bank: (1309) 1338 a solid resistance & trend decider.

ICICI Bank: (771) Looks good. Crossover above 779 it'll spurt up further.

KOTAK Bank: (661) 680 a hurdle & trend decider.

HCC: (109) Looks good. Expect 115 on higher levels.

JP ASSO: (197.50) Looks good. 206 a minor hurdle to watch out for.

L&T: (2890) Looks good. Crossover above 2899 expect 3009.

BHEL: (1826) Keep stop loss of 1790 to your buys.


TECH MAH: (801) Looks fantastic only.


PTC INDIA: (88) Buy short term delivery keeping stop loss of 80.

All set to shoot up to 110 & 130 in very short span of time.

Both in NSE & BSE: 532524.