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Friday, January 20, 2012

Nifty Options Tips 20 Jan, Oriental Bank Chart Pattern for Today

<<<< Fill the FREE TRIAL FORM for STOCK/NIFTY UPDATES on MOBILE !!!!

Buy Nifty 5000CE at 63 Stoploss 53, Target 75,  85, 95
Buy NIFTYFUTURES 5035 Stoploss 5015, Target 5050,  5065,  5080

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Oriental Bank of Comm View- CHART PATTERN FOR ORIENTAL BANK :

Jan 19 Closed as Bearish Engulf pattern, but I believe it should touch that 39EMA line and 23% retrace line at 235

Oriental Bank : BUY above 222 Stoploss 218,  Target 230 235
Oriental Bank:  SELL below 219 Stoploss 223,  Target 210 205

( CLICK on Chart to Enlarge )

ORIENTAL BANK CHART PATTERN TODAY, STOCK TIPS TODAY 20 JAN, NIFTY OPTIONS TIPS TODAY, NIFTY FUTURES TIPS TODAY


The Nifty touched the 5050 level in early trade following positive global cues,Wipro shot up 3% on better than expected 12% growth in Q3 net profit of Rs 1456 crore quarter-on-quarter. It was the second company after HCL Tech, which came in with in-line numbers.
However, Reliance Industries, HDFC, HDFC Bank, Hero Motocorp (post Q4 numbers), HUL, Reliance Power, HCL Tech and Infosys were under pressure.

The CNX Midcap rose 31 points to 6,777. About three shares gained for every share falling on the National Stock Exchange.

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