FUTURE :
“BULLISH
WOCKPHARMA ABOVE 1375 TGT 1400/1450”
“BEARISH
WOCKPHARMA BELOW 1340 TGT 1300/1250”
DAILY CHATS
The stock is showing correction since
past few sessions and also sustaining above lower trend line support level.
Currently it has formed reversal pattern on the short term charts and trading below
the resistance level of 1375.Breakout of its resistance level may show recovery
in it where traders can expect targets of 1400 and 1500 while major support of
1300 can be placed as technical stop loss.
DAILY AND WEEKLY SUPPORT AND RESISTANCE FOR WOCKPHARMA
WOCKPHARMA levels
generated based on 2015-08-27 data for the next trading day.
Daily
Level
|
R4
|
R3
|
R2
|
R1
|
BULL
|
LOC
|
BEAR
|
S1
|
S2
|
S3
|
S4
|
1405
|
1365
|
1340
|
1324
|
1309
|
1292
|
1274
|
1259
|
1244
|
1219
|
1178
|
WOCKPHARMA Weekly
levels generated for the week starting from 2015-08-24
Weekly
|
R3
|
R2
|
R1
|
REVERSAL
|
BULL
|
LOC
|
BEAR
|
REVERSAL
|
S1
|
S2
|
S3
|
Levels
|
2192
|
1933
|
1773
|
1575
|
1515
|
1464
|
1415
|
1353
|
1156
|
995
|
835
|
SIMPLE MOVING AVERAGES
Days
|
BSE
|
NSE
|
30
|
1555.80
|
1555.67
|
50
|
1510.26
|
1510.07
|
150
|
1516.36
|
1516.50
|
200
|
1375.05
|
1375.27
|
TODAY’S EXPIRY
Bulls gained complete control over bears on
Thursday, the last day of August series, as equity benchmarks climbed 2
percent, taking cues from the Wall Street post temporary easing of China-led
turmoil. Short covering and value buying in major heavyweights like HDFC, ITC
and Infosys helped the Nifty close August expiry above 7900-mark. The
Sensex surged 516 points to 26231 and the Nifty rallied 157 points to 7948. The
broader markets outperformed benchmarks with the BSE Midcap and Smallcap
indices rising around 2.5 percent each, largely driven by short covering. The
market breadth remained strong as about 1993 shares advanced against 686 shares
declined on the Bombay Stock Exchange.
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