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Stocks to watch (30 April 07)

Monday, April 30, 2007

NIFTY:if it trades above 4113,then only buy otherwise short nifty,the target is 4061 and 4005.the major support is at 3984.

RCOM:if it trades below 465,the target is 455 and 445.also,buy at lower levels with a stoploss of 438 below trading for a bounceback from lower levels.

RELCAPITAL:if it trades below 714,the targets are 697 and 689.

BHARTI:if it trades below 821,the target is 814 and 798.

IFCI:the resistance is at 41.8 and the major support is at 38.2,so buy at dip with the stoploss of 38.2 below trading for immediate target of 41.8 and if trading and closing above 41.8,take deliveries.

RELIANCE:if it trades below 1545,the target is 1525 and 1498.

SATYAM:if it trades below 474,the target is 460,and if breaks 457,the major support is at 448.buy at lower levels with 448 as stoploss for an intraday good bounceback.

TCS:if it breaks 1218,the major support is at 1205.buy with this as stoploss for a good intraday bounceback from lower levels.

SBI:if it trades below 1109,the target is 1082 and 1074.

TATAMOTORS:if it breaks 740,it will come down to 733 and major support is at 728.buy at lower levels with 728 as stoploss for good intraday bounceback.the major resistance is at 774.

Posted by FR at 5:49 AM  

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Investment in equity shares has its own risks. Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that we consider reliable. I, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred based upon it.& take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations given in this blog.