TODAYS TRADING LEVELS FOR SOME FAVOURITES

GOOD MORNING ALL,

ARVIND MILLS : Above 45, ultimate target 52,55 and above

RNRL : Today it will take support 39.50, upper side crossover 41.80, it can move up to 43, 44 + Unexpected price in next 6 months. All small investors, buy on every decline and ride for money. It will touch 100 mark.

GMR INFRA It will take support 778, upper side crossover 790, it can move up to 811 and above.

INFOSYS: Today it will take support 1996, 1972 and break below, real panic will start, upper side sustained above 2040 over all positive bias and strong buying force will emerge

SAIL : Today support 134, above 138 over all buying expected

Reliance : Real strength show only above 1715, 1750. today buy above 1705 with stop loss 1690, upper side it can move up to 1713,thereafter 1725


NSE : Major support 4260. Heading towards 4500 + Today it will face resistance 4411, 4435, down side it will take support 4380 and sustained down side target 4340 and below

BSE : It will face resistance 15030, 15094, down side it will take support 14945 and break below it will come down up to 14881, 14800

CNX, IT : It will face resistance 5327, 5360, down side it will take support 5280, 5247, 5200


happy trading

FLASHING NEWS :
Infosys Q1 Cons Net Sales up at Rs 3,773 Cr from Rs 3,772 Cr (QoQ); Cons Net Profit dn at Rs 1,079 Cr from Rs 1,144 Cr
Infosys has reported its numbers. The Q1 Consolidated Net Sales are up at Rs 3,773 Cr from Rs 3,772 Cr (QoQ). The Cons Net Profit is down at Rs 1,079 crore from Rs 1,144 crore.
Infosys had given Q1 revenue guidance of Rs 3,896-3,913 crore. It had given Q1 Net Profit guidance Of Rs 1,005.37 Cr.