I GOT IT RIGHT......!!!

AMRESH .B. TIWARI
TECHNICAL ANALYST & PORTFOLIO MANAGER

AS I MENTIONED IN MY SHOW  WHICH WAS HELD YESTERDAY ON TV 9 GUJARATI, THAT L&T IS DOING WELL AND WILL RAISE PROFIT FOR THE INVESTORS AND TODAY L&T HAD A HIGH OF RS. 90 PER SHARE WHICH SHOWS A POSITIVE GRAPH AND SATISFACTION FOR THE INVESTORS.   

MAY 18,2011

AMRESH B. TIWARI
TECHNICAL ANALYST & PORTFOLIO MANAGER

There was substantial selling pressure seen in the market.Banking was the biggest contributor to yesterday's slump with oil & gas also playing its role to bring the markets down.After SBI's poor result banking stocks fall very sharply.The broader markets were under pressure.

Trading Strategy :-


Nifty closed near it's support level 5435. if it is break 5435. then immediate support level 5400 can test.Nifty has a strong support level of 5345.and i think it should not be broken for 1-2 days.Resistance for the Nifty is  
 5480 and 5530.

MAY 17,2011 closing report

AMRESH B. TIWARI
TECHNICAL ANALYST & PORTFOLIO MANAGER

As we said in our morning news letter if Nifty break 5480 then it can touch 5435. And Nifty act as we said. BSE INDEX clsoed on -207 points.Banking and Oil sector closed with red colour.SBI thumbles after poor Q4 result.

MAY 17,2011

AMRESH B. TIWARI
TECHNICAL ANALYST & PORTFOLIO MANAGER

It was weak closing yesterday.Market opened lower and trade with negative bias throughout the day.the biggest losers being interest rate sensitive sectors like banking and realty. There was positive movement seen in Healthcare sector.


Trading Strategy:-

5480 is an important support level considering the daily charts. if Nifty closed below 5480 then we see more selling pressure in the market. nifty can test 5435-5400.on the upside 5530-5575 may act as resistance for the 2-3 days.

Stock watch:-

TATA MOTORS :- Crossover above 1220 then it can test 1233 & 1248. Downside 1200 is a crucial support. keep stoploss of 1200 to your buys.

Bank Of Baroda :- Crossover above  910 then it can test 925. keep stop loss of  894 for the buys.

amresh tiwari: MAY 11,2011

amresh tiwari: MAY 11,2011: "AMRESH B. TIWARI TECHNICAL ANALYST & PORTFOLIO MANAGAR As i told on April 26,2011 that if trader want more bullish in market then nifty sh..."

MAY 11,2011

AMRESH B. TIWARI

TECHNICAL ANALYST & PORTFOLIO MANAGAR

As i told on April 26,2011 that if trader want more bullish in market then nifty should be close on 5925 but market could not sustain on that level and now nifty closed on 5480.and i  also believe that market may go down further.

My advice to client and follower that pls  do not take more risk and avoid unnecessary trade.