Friday, August 1, 2008

01-08-2008 STOCKS TO WATCH

SRF: (132) Keep sl of 126 & grab at an opening bell. Huge up move to 160-166 on the card in hours only.

TECH MAH: (757) Buy. Expect 781-787 initially. Crossover above 787 expect 835 in hours only.

TISCO: (655) 663 a solid resistance & trend decider.

ABAN OFF: (2506) 2540 & 2578 solid resistances. Break below 2455 heavy selling will be seen.

SESAGOA: (3373) 3399 & 3420 a solid resistances. Break below 3332 heavy selling will be seen.

DLF: (509) Crossover above 518 huge fresh buying will be seen.

REL INFRA: (965) 997 & 951 crucial trend deciders.

ICICI Bank: (635) 648 a crucial resistance & trend decider.

HDFC: (2277) Break below 2238 unwinding will be seen.

SBI: (1415) 1386 a support to watch out for.

JINDAL STEEL: (2070) 1997 a crucial support & trend decider.


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DHARMESH BHATT
The only name in 100% pure technical analysis.
Email: shivaam2003@yahoo.com

01-08-2008 Market Today

BSE index: (14355) Consider 14265 a crucial support, keep stop loss of 14153 to your buys.
Upward side it'll rush up to 14417 initially which is a nearest resistance to watch out for. Crossover above 14417 it'll spurt up heavily to 14580.
Downward side break below 14153 it'll turn bit weak & fall down to 14018 initially.
Break below 14018 it'll crash down to 13954 & 13825.

Nifty: (4333) Keep stop loss of 4285 to your buys.
Upward side it'll surge up further to 4368 initially. Crossover above 4368 it'll spurt up further to 4395 to 4416. Consider 4416 a solid resistance.
Crossover above 4416 only it'll move up further to 4465 & 4494.
Downward side break below 4285 it'll fall down to 4245 initially.
Break below 4245 it'll crash down to 4229 & 4194.