Indian Stock NSE ,MCX,Ncdex,Forex,Comex Mareket Updates
2010-12-17
Break Out in Infosystech daily chart
Infosystech will reach a new high of 3450
Option lovers
Buy Dec 3400CE@20 to 22 Stop @7 Tgt 30 & 45
Risk 2500
Profit Unlimited
Double Top Formed in Mahindra & Mahindra(M&M) Daily Chart
Double Top Formed in Mahindra & Mahindra(M&M) Daily Chart
Sell Dec Fut M&M @ 735 to 740 Stop@ 760 TGT 700 & 680(Risk lovers only)
Option Lovers
Risk is 1500rs only Profit is 5000 & Unlimted
Buy Dec M&M 680PE @6 to 6.5 Stop @ 2 Tgt 10 & 15 & 25
Cash Buyers for long term
Good Buy M&M @ 640 to 650 Stop below 600 Tgt 700 & 750
Nifty Daily & Weekly Chart
Symmetrical Triangle will Break Upside in Nifty Daily chart
Nifty is Trading with Proper channel lines In Weekly chart With Strong bullish trend
Recommendation of Coming Week
Buy Dec fut Nifty @5935 to 5960 Stp @ 5840 tgt 6018 and 6160
Option Lovers
Buy Dec6000CE@50 to 55 Stop @ 25 tgt 100 & 150
'R'
Buy Dec6100CE@23 to 27 Stop 10 Tgt 60 & 100
Once nifty is Close below 5750 next support @ 5500
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