TECHNICAL OUTLOOK 07 FEBRUARY

Nifty 4195.90


Full contents of the newsletter is available for subscribers.



SRF 200.00

The short term trend is looking bullish and it has potential of testing 250 level initially in coming trading sessions. Buy on decline with a stop at 192.

Long term investors can buy this scrip with a stop at 175 for a target of 300 in coming months.





DELIVERY CALL

GNFC 111.35

The scrip is in long term bull trend and it has good potential in the long run.

In medium term, chart indicates a rally towards 150 in coming weeks. Buy on decline with a stop at 100.



9381203517

www.waveriders.in

asksathia@hotmail.com

TECHNICAL OUTLOOK 05 FEBRUARY

Nifty 4183.50

Short term trend would remain bullish as long as Nifty sustains above 4100 and in the upper side it could test 4300 in coming trading sessions.

In the extreme short term, if Nifty sustains above 4150, it is likely to test 4230. And also it is likely to swing between these two levels for few trading sessions before moving towards 4300.

Today, if Nifty sustains above 4160, it is likely to test 4200 and above 4200, it could test 4230.



Now the broad stop loss for the longs is 4100.






9381203517

www.waveriders.in

asksathia@hotmail.com