Technical Views - Equities 8th June 2011
NIFTY
TREND : No big moves but one side up helped us make some money. For today 5520 will act as support and 5610 as resistance. Look to buy closer to 5520 and sell around 5590 with 5610 as SL
SIGNAL : Use buy and sell signals of TDI - BS. Above 5610 use only buy signals
BANKNIFTY
TREND : Stopped out in BankNifty yesterday, For today sell below 10825 and for longs we can buy with 10800 as SL for a target of 11000
SIGNAL : Use buy and sell signals of TDI - BS for the day
STOCK PICK ONGC
TREND : We are still short on ONGC with a SL of 281. Long side trades only above 281.
SIGNAL:Use sell signals only. Buy signals should be used to cover your shorts. Do not go long for today
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For a free demo of our TDI BS signals and other products please contact 9717555433 /466
NIFTY
TREND : No big moves but one side up helped us make some money. For today 5520 will act as support and 5610 as resistance. Look to buy closer to 5520 and sell around 5590 with 5610 as SL
SIGNAL : Use buy and sell signals of TDI - BS. Above 5610 use only buy signals
BANKNIFTY
TREND : Stopped out in BankNifty yesterday, For today sell below 10825 and for longs we can buy with 10800 as SL for a target of 11000
SIGNAL : Use buy and sell signals of TDI - BS for the day
STOCK PICK ONGC
TREND : We are still short on ONGC with a SL of 281. Long side trades only above 281.
SIGNAL:Use sell signals only. Buy signals should be used to cover your shorts. Do not go long for today
Your feedback and comments are always welcome. For any issues with understanding the newsletter content please mail us on info@topdataindia.com
Please Like US on Facebook
Please follow us on twitter @topdataindia
For a free demo of our TDI BS signals and other products please contact 9717555433 /466
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