YESTERDAY TATAMOTORS ROCKSSSSSS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
TATAMOTORS HIT FINAL TGT
1493 MADE HIGH OF 358
FUTURE :
FUTURE :
“BULLISH
INFY ABOVE 1155 TGT 1170/1185”
“BEARISH
INFY BELOW 1145 TGT 1135/1125”
DAILY CHAT FOR TATAMOTORS
DAILY & WEEKLY SUPPORT AND RESISTANCE FOR INFY
Daily
|
R4
|
R3
|
R2
|
R1
|
BULL
|
LOC
|
BEAR
|
S1
|
S2
|
S3
|
S4
|
Level
|
1165
|
1153
|
1146
|
1141
|
1136
|
1131
|
1126
|
1121
|
1117
|
1109
|
1097
|
INFY Weekly levels generated for the
week starting from 2015-10-05
Weekly
|
R3
|
R2
|
R1
|
REV
|
BULL
|
LOC
|
BEAR
|
REV
|
S1
|
S2
|
S3
|
Levels
|
1217
|
1200
|
1189
|
1176
|
1172
|
1169
|
1165
|
1161
|
1148
|
1137
|
1127
|
SIMPLE MOVING AVERAGES:
Days
|
BSE
|
NSE
|
30
|
1107.31
|
1107.19
|
50
|
1108.43
|
1108.43
|
150
|
1059.39
|
1059.37
|
200
|
1062.21
|
1062.17
|
MARKET SUMMARY FOR 09 OCT 2015
Nifty future surrendered
the gains of the previous day and more. The open and high was same at 8199 and
it failed to cross the critical resistance around 8200. This was the first
signal of the impending slide. Though there was some recovery in the end of session,
it closed the day in the negative. The level of 8170 is the immediate
hurdle but the critical resistance is the 8200 region since the long term 200
exponential moving average is posited here. This level needs to be taken out
for confirmation that the long term trend has again turned up. A failure to do
so will send weak signal and bring in supplies. 8115-8105 is the important
support zone and a breach of this region will be a cause for concern for the
bulls. The critical level now is around 7990-8000 and a decisive breach of this
region will see the bears returning to the centers stage again.
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