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Thursday, May 10, 2012

Avoid Investment In Aurobindo Pharma

  • Aurobindo Pharma (117) technically is not in a state of buying.
  • Below 114 mark stock can witness a steep fall
  • Upside resistance are 128 and 142
  • Downside first support comes at 104 and any sustainability below that level will drag stock 95 and 80 level in short term.
  • For time being stay away from stock.I will give the update when it is ready for buy
Best to your Trading


Thursday, April 19, 2012

Avoid Fresh Investment In Tata Motors

  • Stock has support at 275 level and long term resistance at 340 level
  • Reputed rating agencies call it a cheap stock at current levels and advise to invest.
  • Whoever follows this website are aware that i recommended stock around 180 level.Now it's time to book profits and wait for another good opportunity in other stock
  • Strictly avoid fresh investment in Tata motors and don't run behind quick buck ,instead if u invest at these levels you will get stuck.
Best to your trading

Tuesday, April 10, 2012

5200 Building As Support Level For April

  • Today's market has seen some buying at lower levels and stock specific action.
  • At present 5200 offering a support and break of this level will easily drag Nifty to 5050 level
  • As results season going to kick in still Indexes will face resistance at higher Key levels
  • 5400 is key Higher level and 5200 is important support level from few months
  • Don't take heavy long positions and avoid small cap stocks 
  • Cut the greed to make higher returns.For time being stay with the cash and look for better buying opportunity
Best to your trading