TECHNICAL ANALYSIS OF ZEEL 02 MARCH 2016

FUTURE TIP FOR 02 MARCH 2016

FUTURE:

"BUY ZEEL  ABOVE  395 TGT 400/410 "

"SELL ZEEL BELOW 390 TGT 385/380 "

DAILY CHART FOR ZEEL:

MARKET SUMMARY OF 01 MARCH 2016:

The Sensex and Nifty post biggest single-days in absolute terms in 7 days. Sensex surged over 777 points on Tuesday to log its biggest points-wise gains since May 2009.  The Sensex was up 777 points or 3.4 percent at 23779, and the Nifty up 235.25 points or 3.4 percent at 7222. About 2010 shares advanced, 587 shares declined, and 116 shares were unchanged. . About 2009 shares have advanced, 587 shares declined, and 117 shares are unchanged. ITC was up 10 percent while ICICI Bank, Maruti, Hero and Adani Ports were top gainers. ONGC, HUL and Dr Reddy's Labs were losers in the Sensex. The Indian stock market rallied on the back of firm global markets. 

Finally  Sensex ended with a gain of 777 points at 23,779. The Sensex opened at 23,153 touched an intra-day high of 23,821 and low of 23,133. The  Nifty closed with a gain of 235 points at 7,222. The  Nifty opened at 7,038 hitting a high of 7,236 and low of 7,035.
TOP GAINERS:

ITC (9.9%), ICICI BANK (7.2%), HERO MOTOCORP (6.8%), MARUTI SUZUKI (6.2%), ADANI PORTS & SEZ (5.0%)
TOP LOSERS:

ONGC (2.2%), HUL (0.2%), DR. REDDYS LAB (0.2%)