Friday, January 30, 2009

Bajaj Hindustan levels - on request of R.DakshinaMurthy

I am posting my magic numbers for BAJAJHIND on request of our fellow ichartian R.Dakshinamurthy for intraday 30th Jan as well as for swing.

BajajHind closed at 54.95 yesterday which is 3.5% down. For swing, it has a major resistance at 62 and the next immediate support is at 49. Below 49 it can fall to 25 hence a short is recommended at 48 SL 52. Above 62 it can go upto 85 hence a long is recommended at 63 SL 60.

Intarday magic numbers for today for this counter are 50.60, 52.50,56.50 &59.00

Cheers

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