PUNTERS TIPS 20 JULY 2011-TECHNICAL ANALYSIS

 BUY RIL IF OPEN AND SUSTAIN ABOVE 872  TARGET-877 IF CROSS OVER AND SUSTAIN ABOVE 887 BULL RALLY UP TO 892LEVEL.-STOP LOSS-862

SELL IF OPEN AND SUSTAIN BELOW 872 TARGET 862.BELOW 856 BEAR RALLY UP TO 846.-STOP LOSS-877

COMPANY	Pivot point	R1	R2	R3	S1	S2	S3
RELIANCE	872	877	887	892	862	856	846

 BUY DISH TV IF OPEN AND SUSTAIN ABOVE 93  TARGET-94-96 IF CROSS OVER AND SUSTAIN ABOVE 96 BULL RALLY UP TO 97 LEVEL.-STOP LOSS-92

SELL IF OPEN AND SUSTAIN BELOW 93 TARGET 92.BELOW 90 BEAR RALLY UP TO 89.STOP LOSS-94

OSCILLATOR	COMPANY	Pivot point	R1	R2	R3	S1	S2	S3
BUY	DISH TV	93	94	96	97	92	90	89

 BUY ESS DEE ALUM IF OPEN AND SUSTAIN ABOVE 370  TARGET-374 IF CROSS OVER AND SUSTAIN ABOVE  377 BULL RALLY UP TO 381 LEVEL.STOP LOSS-367

SELL IF OPEN AND SUSTAIN BELOW 370 TARGET 367.BELOW 363 BEAR RALLY UP TO 359.STOP LOSS-374

COMPANY	Pivot point	R1	R2	R3	S1	S2	S3
ESS DEE ALUM	370	374	377	381	367	363	359

SELL IRB IF OPEN AND SUSTAIN BELOW 187 TARGET 183.BELOW 181 BEAR RALLY UP TO 177.STOP LOSS-189

BUY ESS DEE ALUM IF OPEN AND SUSTAIN ABOVE 187  TARGET-189 IF CROSS OVER AND SUSTAIN ABOVE  193 BULL RALLY UP TO 195 LEVEL.STOP LOSS-183

OSCILLATOR	COMPANY	Pivot point	R1	R2	R3	S1	S2	S3
SELL	IRB	187	189	193	195	183	181	177

OTHER WEAK STOCKS:

OSCILLATOR	COMPANY	Pivot point	R1	R2	R3	S1	S2	S3
SELL	GTL	83	86	91	94	78	76	71
OSCILLATOR	COMPANY	Pivot point	R1	R2	R3	S1	S2	S3
SELL	GTL INFRA	15	15	15	16	15	14	14