Total Pageviews

Sunday, December 26, 2010

27-12-2010: Will market remain bullish through out the week?

Hi All,
Market was under the influence of Christmas and new year, that is why market was in a consolidation zone, ranging from 5900 - 6000, last week. But on last Friday, we got a bullish breakout with Bullish Engulf for Nifty Chart. It is a indication of bullish market. Coming year will be good for market with a nifty target of 6840 - 7200, as we got Rounding Bottom breakout for Nifty at the level of 5514, so next 2 years will be golden era for the market where you will get good breakouts, handsome profits and of-course capital appreciation also.    
This week, market will remain as it is like it was in last week. Considering the derivative expiry, market will remain sideways with a range of 5920 - 6075 till the expiry, but we will get good yield on coming Friday, may be up to 6205 levels also! enjoy benefits!
Nifty Support: 5975 - 5940 - 5900 
Nifty Resist: 6033 - 6069 - 6133
Intra-day Stocks:
  1. Hanung Toys: Long Position, Bullish Engulf
  2. Bajaj Hind: Long Position, Inverted H & S Breakout
  3. Rel.Media Work: Long Position, Bullish Engulf
  4. Rpower: Long Position, Bullish Engulf
  5. Suzlon: Long Position, Bullish Engulf
  6. Titan: Long Position, Bullish Engulf
F & O Stocks:
  1. Welspun Guj: Long Position, Bullish Piercing
  2. TataMotors: Short Position, Bearish Kicker
  3. Syndicate Bank: Short Position, Bearish Kicker
  4. RCOM: Long Position, Bullish Engulf
  5. LT: Long Position, Bullish Engulf
  6. Indiabulls Real: Long Position, Double Bottom
  7. Core Project: Short Position, Bearish Kicker  
  8. Bhartiartl: Long Position, Bullish Engulf
  9. Aban: Short Position, Bearish Kicker
Delivery Stocks:
  1. Bajaj Hind: Short Term Hold, Inverted H & S Breakout
  2. IndiabullsReal: Short Term Hold, Double Bottom

Mrs. Anagha A. Bhave
[Technical Analyst]
Aabhineesh Total Solutions.
1st Floor, Gajanan Krupa Apt,
Sadashiv Peth, Near Nagnath Par,
Pune 411030.

No comments:

Post a Comment