GLENMARK IS ON FIREEEEEEEEEEEEEE !!!!!!!!!!!!
HIT FIRST TGT 260 MADE LOW OF 859.15 SELL AT AT 270
FUTURE TIP FOR 08 JAN 2016
FUTURE:
"BUY STAR ABOVE 1230
TGT 1240/1255 "
"SELL STAR BELOW 1222
TGT 1215/1200 "
FOR TWO DAYS FREE TRIAL CALLS OF FUTURE PLEASE FILL UP THE FORM
GIVEN HERE >>>>>>>>>>>>>>>>>>>>
MARKET SUMMARY OF
07 JAN 2016
The Sensex opened at 24,969,
touched an intra-day high of 25,084 and low of 24,887. It finally ended with a
gain of 83 points at 24,934.The Nifty opened at 7,612 hitting a high of 7,634
and low of 7,581, before ending with a gain of 33 points at 7,601. Finally,
the Street saw some respite after suffering for four consecutive trading
sessions. The Indian equity market managed to close in positive terrain boosted
by relatively stronger global cues. Value buying was seen in index heavy weights
like Tata Motors, TCS, Infy, BPCL and Reliance Industries recovery in the rupee
and firm Asian cues saw the indices to close with smart gains. The coming week has a number of larger companies
announcing their results. These include Infy, TCS, Indusind Bank and HUL. In
line with its latest commentary, Infy would deliver a tepid growth of 1.4% qoq
in CC terms during Q3 FY16 due to seasonality and lower spending by top
clients.
DAILY & WEEKLY SUPPORT AND RESISTANCE FOR STAR:
STAR levels generated
based on 2016-01-08 data for the next trading day.
Daily
|
R4
|
R3
|
R2
|
R1
|
BULL
|
LOC
|
BEAR
|
S1
|
S2
|
S3
|
S4
|
levels
|
1264
|
1250
|
1242
|
1236
|
1231
|
1225
|
1219
|
1213
|
1208
|
1199
|
1185
|
STAR Weekly levels
generated for the week starting from 2016-01-04
Weekly
|
R4
|
R3
|
R2
|
R1
|
REV
|
BULL
|
LOC
|
BEAR
|
REVERSAL
|
S1
|
S2
|
S3
|
S4
|
Levels
|
1406
|
1385
|
1351
|
1330
|
1305
|
1297
|
1290
|
1284
|
1276
|
1250
|
1229
|
1209
|
1196
|
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