Tuesday, August 3, 2010

Study of two contrasting charts PNB vs TCS

Bullish stock - PNB



For tomorrow's trading 1090 - 1100 will act as support for PNB


Trading above 1112 PNB will blast its way to 1130 and 1155.


First half hour's low can be stop loss for this trade.


Bearish stock - TCS



838 - 842 will be resistance area for TCS tomorrow.


Reversal from this region will take TCS to 827 and 820 tomorrow.


NEXT: Nifty outlook 04-AUG-2010


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Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss

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