Nifty (4076)(Bullish hammer)Market again respected our given support levels as written by me,ive indicated a level of 3965+ in the downside and a it just kissed the 3981 in the downside and bounced back very sharply and remained in a very zigzag zone all the day.Short term reversal is on the card if low made yesterday is managed in the coming days,and upper levels can be achieved in the coming days,one more thing is to be noted that market has to managed above said level to show real strength or it may turn down anytime again.
TradingTargets for Nifty 4000 Call & 4100 Put OPTIONS for intra day trading on 14th & 15th. NIFTY 4000 CE 48 S2 62 S1 <86>CP 95 R1 120 R2
NIFTY 4100 PE 59 S3 73 S2 88 S1 <102>CP 122 R1 135 R2
BSE SensexResistance 13920 14050
Support 13615 13435
CALLS 2 Watch :-
RELIANCE INDUSTRIES
ICICI BANK
TITAN Accumulate dip for few days.(Still valid) sL 962
TATAMOTORS (716) Buy sl 705.9 or sell around 730 sl 740.55
CONTACT ON YAHOO FOR LIVE DISCUSSION
net_worms@yahoo.com
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