Stocks to Watch

Stocks to Watch
REL CAP: (1260) 1225 & 1189 crucial supports to watch out for in panic. Break below 1189 huge panic will be seen.

RNRL: (94) Looks weak. Break below 92.40 huge selling will underway.


RCOM: (409) 394 a crucial support & trend decider.

SBI: (1357) Looks weak. 1310 a crucial support to watch out for panic. Break below 1310 expect 1216 in hours.

HDFC Bank: (1208) Break below 1197 expect 1177 & 1161.

AXIS Bank: (685) Expect it to fall down to 671, 663 & 644. 644 a solid support to watch out for.

HDFC: (2364) Keep stop loss of 2392 & go short.

JP ASSO: (160) Sell. Now break below 155 huge selling will be seen.

DLF: (495) Break below 489 selling will underway. 472 a crucial support to watch out for.

TISCO: (585) Sell. Break below 577 huge panic will start.

GREAT OFFSHORE & AKRUTI: In panic Buy!!! Buy!!!

26th August 2008 Market Today

BSE index: (14401) 14404 a nearest support break below which it'll fall down further to 14282-14257 & 14160, 14137 & 14096 initially. Consider 14096 a most crucial support where heavy buying support not ruled out.
Break below 14096 only it'll turn total weak & crash down to 14001, 13912 & 13760.
Upward side 14592 a nearest & 14673 a solid resistance, keep stop loss of 14746 to your sales.


Nifty: (4327) Consider 4374 a solid resistance, keep stop loss of 4395 to your sales.
Downward side 4323 a nearest support break below which it'll fall down further to 4285 & 4259-4252. Consider 4259 to 4252 solid support area where heavy buying support not ruled out.
Break below 4252 only it'll turn total weak & crash down to 4217, 4203 & 4162.
Upward side crossover above 4395 it'll turn positive & surge up to 4426, 4437 & 4463. Crossover above 4463 it'll surge up further to 4505 & 4548. Sell on higher levels keeping stop loss of 4548.