Intraday Analysis-for 8th August

PLEASE READ DISCLAIMER AND DISCLOSURE PAGE BEFORE USING ANALYSED DATA

Exide Industries-CMP-152.9

 Buy at / above: 153.14   Targets: 156.17 - 159.31 - 162.48 - 165.68
Stoploss : 150.06
Sell at / below: 150.06   Targets: 147.08 - 144.07 - 141.08 - 138.13
Stoploss : 153.14

Union Bank of India-CMP-280.20

Buy at / above: 280.56   Targets: 284.62 - 288.85 - 293.11 - 297.41
Stoploss : 276.39
Sell at / below: 276.39   Targets: 272.38 - 268.27 - 264.19 - 260.14
Stoploss : 280.56

Coromandel International Ltd-CMP-322.05

Buy at / above: 324   Targets: 328.35 - 332.89 - 337.47 - 342.07
Stoploss : 319.51
Sell at / below: 319.51   Targets: 315.22 - 310.79 - 306.4 - 302.04
Stoploss : 324

Next Resistance level for NIFTY AUG FUT

5292.56-5308.11 - 5326.33 - 5344.59 - 5362.87

NIFTY AUG FUT Analysis- FOR Aug 8

Dear Visitors,

You can calculate Support and Resistance yourself for any Stock/Future by using Resistance-Support Calculator available on right side of the page.

PLEASE READ DISCLAIMER AND DISCLOSURE PAGE BEFORE USING ANALYSED DATA

How to use Resistance-Support Data 

Buy at / above: 5220.06   Targets: 5235.52 - 5253.62 - 5271.75 - 5289.91
Stoploss : 5202.01
Sell at / below: 5202.01   Targets: 5186.59 - 5168.59 - 5150.63 - 5132.7
Stoploss : 5220.06

Performance of August 5th NIFTY AUG FUT

Since Nifty Opened Huge GAP down I have observed Market for few hours and Updated Next Support levels for nifty around 11:30 as 

5240-5222-5204-5186-5168-5150-5132-5114-5096-5079

According to me no clear-cut call was mentioned at 11:30. (But refer *)

Around 11:35 NIFTY Breached 5200 and Achieved Level of 5114.70 (See the accuracy of Support level-5114)

From then it started its upward journey and Achieved Level of 5221. (See the accuracy of Support level-5222)

By Gods Grace total (Down journey 5204-5132) +(up journey 5132-5204)=142 point Profit.

Please note that for the sake of showing huge profits, I have not considered Sell point as 5222 and TGT point as 5114 (During down journey and vice-versa during up journey) as no one can predict which is high which is low in advance.

*Who have attended investment class conducted by me on 3rd August 2011 will have an upper edge to use the levels given in much more better way to make more profit using Resistance as Support, Support as resistance concepts. 

i.e If you are MININIFTY trader Profit of Rs.2840 Or 25.8% within a day on investment of 11000. 

If you are NIFTY trader Profit of Rs.7100 Or 25.4% within a day on investment of 28000.

Bank deposit Gives Max.10% per annum..

Cheers!!!!!!!!

Performance of August 5th Intraday Call

By Gods Grace,

Shriram Transport Finance (SRTRANSFIN) Short sell Below (will be mentioned as SB henceforth)  588 Achieved all TGTs from 585 to 582.3 - 576.28 - 570.3 - 564.34 --3.4% Profit
Shriram Transport Finance (SRTRANSFIN) Buy Above (will be mentioned as BA henceforth) 594.14 achived 3rd TGT 612 --2.9% Profit

Indian Oil Corporation (IOC) BA 333.06 made achived 1st TGT 337.47 --1.3% Profit

Hanung Toys (HANUNG) SB 129.4 opened @ 128 made low of 121.2, 3rd TGT was 121.06---According to me it’s not clear-cut call as no one can sell @ open high. (But refer *)

Dhanlaxmi Bank (DHANBANK) SB 102.51 opened @ 97 made high of 101.3 and 2nd TGT was 97.56---According to me it’s not clear-cut call as no one can sell @ open low. Who is having less idea about Resistance and support cannot decide what to do when price reached 101.3. (But refer *)

Let me remind you, all the profit in percentage (%) is achieved in Intraday (within a day).

Bank Deposit fetches max 10% per annum.

I have mentioned about profit made by clear-cut call. *Who have attended investment class conducted by me on 3rd August 2011 will have an upper edge to use the levels given in much more better way to make more profit using Resistance as Support, Support as resistance concepts. 

Cheers!!!!!!!

Important support levels for nifty Aug fut

5240-5222-5204-5186-5168-5150-5132-5114-5096-5079