Nifty
expected the range between 5000
to 6600 for this year
Break
out either side will move in that direction
Index
|
R3
|
R2
|
R1
|
PivPnt
|
S1
|
S2
|
S3
|
|
Nifty
|
8100
|
7200
|
6550
|
5400
|
5000
|
4500
|
3800
|
|
Sensex
|
27000
|
24000
|
21300
|
17500
|
16500
|
15000
|
13000
|
![]() |
| NSE 2012 GRAPH |
Sl.
No.
|
Scrip
|
Current Price as on 31.12.2012
|
Buy Level
|
Stop Loss
|
Target
|
1
|
JINDALSTEL
|
448
|
If sustained above
480
|
420
|
625-640 (if Sustained above 670 tgt 950
|
2
|
ASIAN PAINTS
|
4432
|
4000-4450
|
3750
|
4950-5050
|
3
|
LT
|
1607
|
1550-1650
|
1450
|
1950-2000
|
4
|
ACC
|
1432
|
1375-1450
|
1250
|
1730-1750
|
5
|
HDFC
|
829
|
800-830
|
750
|
940-950
|
6
|
MARUTI
|
1490
|
1450-1500
|
1300
|
1630-1650(if Sustained above 1700 tgt 2375
|
7
|
TATA MOTORS
|
313
|
280-320
|
255
|
400-415
|
8
|
TORNTPOWER
|
193.50
|
185-195
|
175
|
228-230
|
9
|
APOLLOTYRE
|
89
|
85-90
|
73
|
110-115
|
10
|
OFSS
|
3290
|
3200-3350
|
2700
|
4800-4900
|
11
|
TIMKEN
|
193
|
190-195
|
170
|
325-345
|
12
|
AUROPHARMA
|
189
|
180-195
|
155
|
260-275 (if
Sustained above 275 tgt 450
|
13
|
PIPAVAVDOC
|
91
|
85-95
|
70
|
175-185
|
14
|
RAYMOND
|
459
|
450-465
|
390
|
645-660
|
15
|
MRF
|
12819
|
12000-13000
|
10000
|
16000-16500
|
Disclaimer: Above matter is
technical analysis based, One should think of own risk first before
implementing on above analysis. The author won’t be liable or responsible for
any legal or financial losses made by anybody

