Monday, October 15, 2012

Coming Trading Week Full of Action & Volatility.!!!.

Nifty:->>
 
At this point in time Market is looking rock solid on buying spree by FII.It looks like that Market will make new high before this Diwali but it does not mean at all that it will go straight and only in single direction.As per my view it will take a breather and it might go down 200 points from current levels, as it looks exhausted at this level and secondly some major companies are going to declare their quarterly results in coming week so Market will take some sure direction on first day of week itself as Reliance will announce its quarterly result and on Friday it will be TCS declaring its quarterly result.So next week will be full of Action and Volatility.On buying side it will be Idea,Videoind,Wyeth while on selling side it will be Infy and Heromotoco.
 

Nifty Weekly Levels:->
 
 Buy Above 5688 Target  5740,5803,5855 and Sell Below 5688 Target 5624,5573,5510.
 
Stocks:->>
 
BUY VIDEOIND @172 SL 168 TRGT 181-200.
 
BUY WYETH @890-95 SL 880 TRGT 920-50.
 
For More Details Kindly Refer Following Charts........!!!
 



 
NOTE:-PLEASE FOLLOW STRICT STOP LOSS & BOOK PROFIT WHENEVER YOU FEEL LIKE.HAPPY & SAFE TRADING.ENJOY.