October 27, 2010

Opening bell Tradology (27-10-10)

Nifty spot closing 6082 yesterday.
If you read our opening bell Tradology yesterday you will find the level accuracy given by Tradology.
Now , Nifty spot has support at 6077. We are expecting some upmove from this level.
if nifty is not breaking this level it will be positive for today.
Up side resistance will be 6126-6129 level. Above 6129 we will see one very good upmove with volume.

Stock to watch :


Cipla has given positional breakout on EOD chart.
It means it can go upside in coming days .
yesterday closing was 356.9 it has first spport level at 352 and second support at 348.
If we sustain above 358.2 for some hours we will see further sharp upmove.



Financial tech we have given our very clear view on this stock yesterday also.
It has broken some vry important positional support levels.
Now 1100 is support for Financial tech. If it sustain above 1122 level for some time one can go long with small upmove. It will be dead cat bounce from 1100 support level.

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