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Updated time 08:51 Am.ON 04.05.10
Intraday view is broken with 1% stops.
www.Niftyviews.com charts,pivots are updated refer it.
some important levels.
MOST OF THE INDIAN ADRS ARE DOWN 4-7%.
WOULD REQUEST TRADERS TO TRADE LESS AND WITH STRICT SL.
STERLITE: MINOR SUPPORT AT 759.BELOW 759 NEXT SUPPORT ONLY AT 732.
TATA STEEL: SUPPORT AT 555. TRY LONGS WITH 1% STOPS.
ICICI BANK:887-890 BROAD SUPPORT ZONE.IF BROKEN FURTHER WEAKNESS.
RELIANCE: 997-1002 SUPPORT. TRY AND BUY IN DIPS WITH 1% STOPS.
RPOWER :152 SUPPORT USE 149 AS STOPS AND BUY.
UPDATES ONLY IN CHAT ROOM
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Intraday strategy and short term strategy:-
Stock is poised ABOVE 20dema and above 50dema
Stock can see a some more rally
Do note that the 20dma,50dema is dynamic in nature and one has to keep note of the values for the trade
sgx nifty is 5050
crude oil at 83.2$
INR:USD AT 44.61Be online at www.niftyviews.com for live calls/Updates
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Do note that TSR had no overnight views on any of the above stocks at the time of giving our views.
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