Tuesday, July 22, 2008

CASH DAY TRADING-22 JULY

CASH Day trading Pivot chart -22/07/08

Scrip name

High

Low

Close

S2

S1

TD

R1

R2

BHEL

1565.65 1477.20 1506.30 1428.00 1467.00 1516.00 1555.00 1605.00

CAIRN

223.00 212.20 216.00 206.00 211.00 217.00 222.00 228.00

DLF

467.00 442.10 463.95 433.00 448.00 458.00 473.00 482.50

GMRINFRA

86.55 80.60 82.90 77.50 80.00 83.50 86.00 89.00

HINDALCO

143.95 139.25 142.65 137.00 140.00 142.00 145.00 146.70

ITC

185.45 173.00 179.20 167.00 173.00 179.00 185.50 192.00

IVRCL

323.70 305.05 316.05 296.00 306.00 315.00 325.00 333.50

JPASSOCIATE

168.60 153.15 166.55 147.00 157.00 163.00 172.50 178.00

MARUTI

660.00 615.00 647.15 596.00 621.50 641.00 666.50 686.00

NTPC

183.15 172.25 181.50 168.00 175.00 179.00 186.00 190.00

PRAJIND

191.45 170.65 188.30 163.00 175.50 183.50 196.00 204.00

RELIANCE

2164.25 2093.05 2152.85 2065.00 2109.00 2137.00 2180.00 2208.00

RNRL

70.85 67.10 68.95 65.00 67.00 69.00 71.00 72.50

RPOWER

134.65 129.65 132.20 127.00 130.00 132.00 135.00 137.00

SBIN

1365.00 1291.10 1352.55 1262.00 1307.00 1336.00 1381.00 1410.00

UNITECH

154.45 145.00 152.65 141.00 147.00 151.00 156.50 160.00

ZEE

197.00 187.10 193.65 183.00 188.00 192.50 198.00 202.50









* TD- Trend decider

* S1, S2- Support levels - Try to buy at support level.

* R1, R2-Resistance levels - Try to sell at resistance level

* Open = High = Bearish - Try to Sell or Avoid buy

* Open = Low = Bullish - Try to Buy or Avoid Sell

* Bullish - If a scrip open above the trend decider

* Bearish - If a scrip open below trend decider

* If target achieved in morning please don’t buy in return journey.

* Please enter only at specified price otherwise avoid trading.

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