Ambujacem Future Call given saterday achieved 1st tgt
of 235
FUTURE :
“BULLISH DISHTV ABOVE 119
TGT 121/124”
“BEARISH DISHTV BELOW 116 TGT 114/111”
DAILY RESISTANCE: 119, 120, 123, 126
DAILY
PIVOT POINT: 117
DAILY
SUPPORT: 116, 114, 111, 108
DAILY CHATS
UPCOMING RESULT: DISHTV
The
stock is in bull run and is forming a reversal pattern in short term charts, it
is likely to show correction with the breach of the support level of 116, where
one may initiate the short position in it for the targets of 111.
Simple Moving Averages
Days
|
|
BSE
|
|
NSE
|
30
|
|
108.69
|
|
108.71
|
50
|
|
102.89
|
|
102.92
|
150
|
|
85.48
|
|
85.51
|
200
|
|
79.12
|
|
79.16
|
PROFIT SUMMARY
FOR 27 JULY 2015
Market again took a beating today, with the benchmark BSE Sensex crashing
over 551 points or 1.9 % to 27,561, its weakest closing in over five weeks, on
concerns that stricter norms for participatory notes may hit foreign
investments and a major slump in Chinese stocks. And
the Nifty
slipped 161 points or 1.9 poercent at
8361.00. About 1083 shares have advanced, 1741 shares declined, and 142 shares
are unchanged. Tata Motors dipped over 3% its lowest level since March 2014 on the BSE,
on concerns about a slowdown in JLR car sales from its subsidiary in China.
Bharti Airtel ended down 3.8%. The company plans to launch 4G data services
across 44 cities across the country.
The index looks very weak. Unless it
quickly recovers to levels between 8528 and 8540, there would be no redeeming
feature. On the contrary, a fall below 8498 – 8478 range is likely to aggravate
the problems of the bulls. A sustained campaign below the 8478-mark would pave
the way for a retest of 8410 – 8399 range. In the unlikely event of a strong
recovery, we need to see the index getting past 8557 through 8562 potentially
strong supply zone. Any rally that fizzles out prior to decisively taking out
this range would invite fresh selling by the bears. And a close above 8615
would bring the bulls back on the center stage.
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