Wednesday, January 27, 2016

TECHNICAL ANALYSIS OF VOLTAS 28 JAN 2016

LAST RECOMMENDATION GIVEN ON 25 JAN 2016:
WIPRO IS ON FIREEEEEEEEEEEEEE !!!!!!!!!!!!
IN BULLISH MOMENTUM : WIPRO ALMOST HIT FIRST TGT 555 MADE LOW OF 554.45
LOT SIZE: 1000
TOTAL INTRA DAY PROFIT: 12900 IN JUST TWO LOT
FUTURE TIP FOR 28 JAN 2016
FUTURE:
"BUY VOLTAS  ABOVE 285 TGT 290/300 "
"SELL VOLTAS BELOW 282 TGT 277/272 "
DAILY CHART FOR VOLTAS:
MARKET SUMMARY OF 28 JAN 2016
The Sensex opened at 24,643, touched an intra-day high of 24,646 and low of 24,458. It finally ended with a gain of mere six points at 24,492. The Nifty opened at 7,470 hitting a high of 7,478 and low of 7,420, before ending with a gain of mere two points at 7,437. The Indian equity market closed almost at the same zone where it had ended on Monday. After a mid-week break, indices were completely lackluster and were struggling to find any specific direction. Market participants also preferred to remain on the sidelines ahead of the F&O expiry on Thursday.
The Indian rupee continued to remain weak against the US dollar and was trading with a loss of 28 paise at 68.02 per US dollar.
BHEL, Ambuja Cement, Asian Paints, HUL, Hero MotoCorp, Tech Mahindra and Adani Ports were among the losers today. On the other hand, NTPC, Power Grid, Dr Reddy's, Idea Cellular, PNB, Sun Pharma and Wipro were among the gainers on NSE.

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