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October 16, 2011 Investment news in Vadodara,Gujarat, India, Republic of

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Technical analysis plays vital role in stock trading groups, with trading community waiting for News on Nifty technical levels from good Nifty analysts even look to read just Nifty sms on mobile

FOR IMMEDIATE RELEASE
Vadodara, Gujarat, India, Republic of (Free-Press-Release.com) October 16, 2011 -- Technical analysis plays vital role in stock trading groups, with trading community waiting for News on Nifty technical levels from good Nifty analysts even look to read just Nifty sms on mobile. As a technical analyst my view on Nifty levels for 17/Oct/2011 is as under

Nifty last closing at 5132.3, very close to trading resistance for Nifty on Monday, which is at 5139 If Nifty just holds above 5139 then we have another good day for Nifty stocks as Nifty spot may attempt to cross 5172.1 on Monday with fresh buying supported for Nifty level above 5157. Although failing to hold above 5139 Nifty downside target may be 5107 and even 5077.7

Some of Nifty50 and front line stocks suggested on technical grounds here. Recommendations posted here are based on purely technical analysis, take your financial advisers opinion before making any investment. Trading in stock market is carrying huge risks as markets are turning volatile every now and then. Read Disclaimer and call details & Nifty level for calls visit http://www.takemyview.co.in for more details. This analysis is for educational and information purposes only and does not guarantee sure success

LARSEN & TOU stock suggested to sell on technical grounds for 17-oct-11

LARSEN & TOU - Bse Code - 500510 - Last Close - 1407.8 - Sell - 1433.7 - SL - 1448.1 - TG1 - 1390 - TG2 - 1375.3

REL INFRA stock suggested to buy on technical grounds for 15-oct-11

REL INFRA - Bse Code - 500390 - Last Close - 424.5 - Buy - 416.1 - SL - 404.6 - TG1 - 429.6 - TG2 - 438.1

More information can be found online at http://www.takemyview.co.in/

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Name: Manjiri Muley

Company: Market pulse stock adviser
Email: ***@takemyview.co.in
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