Sample Call for 6th June 2011

Stock Name	Action	S/L	Pivot	T1	T2	T3	T4
BIOCON	Buy	357.8	361.1	365.6	368.9	372.2	376.7

 

• On Friday Nifty was range bound and it has tried to go above its 200 days EMA at 5602 but failed to stay above and closed at 5516. 5500 is a good support for Nifty, if it brakes then act wisely.
• For coming week Nifty is good above 5526 and its rage will be 5594/5602. Supports will be 5500 and 5448.
• Looking at a global market and latest USA/Europe Data probably next week could be negative.
• Nifty range for Monday, its good above 5543, Upper side 5578, Support will be 5480/5445