Network 18 @ Wall of China

Network 18 and Media is at its Wall of China resistance at 109 levels.The level has been elusive to this stock for almost 6 months.RSI is showing positive and if market condition remains positve we can see breach of 109 and flying to higher range of 115 and 118 in short term.

Nifty Carmillea Levels for Tuesdays trading Session:

R1:5129
R2:5134
R3:5139
R4:5154

S1:5118
S2:5113
S3:5108
S4:5093

Nifty Pivot Levels:Resistance 5150 5176 to 5205. Support at 5095 and then 5066.

RELIANCE : Support around 995 if break this then slide for 986 to 970. At upside above 1011 it go for 1020 to 1036.

Weekly View

HI all Hope everybody had a very good weekend.

Nifty Views have been updated in https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhzT8O6GWrE1qkWManzYNbrK_-JX79s6TMXIqP_T5tOrpVJP2Z3lE-4Q7TbT85a1tXkbmplGMXNucps1qoSc2bWBHzlnSpnlZ_jztvyXvXRsKOSevNuju9fwEPMDpkItL8fI0MVIF5LlKmu/s1600-h/Nifty+Weekly++View+15-19+Dec.bmp

Stock Specific

Reliance is near its supply zone of 1335-1356 be cautious on this level.

SBIN near its resistance levels of 1220

Praj Industries Tgt 71 and 79 sl 58

JP Hydro Tgt 30 and 35 sl 26

ABG Shipyard tgt 109 and 120 Sl 94

STERLITE INDS BUY IF BREAKS 299 Tgt 311 and 318 Sl 294

Educomp can give a jump of 10% from cmp


Hedge all you longs with 2800 Put It is just for
your own insurance.

For stock Specific Quey send a mail to

bhandaribrahmesh@gmail.com

Regards,
Bramesh
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