Wednesday, May 11, 2016

LAST RECOMMENDATION UPDATE: GIVEN ON 10 MAY

STAR IS ON FIREEEEEEEEEEEEEE!!!!!!!!!!!!
IN BULLISH MOMENTUM: HIT TGT 1160 MADE HIGH OF 1165.75 BUY AT 1150
LOT SIZE: 400                                                      
TOTAL PROFIT: 8000 IN JUST TWO LOT
FOR MORE JACKPOT CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
INTRADAY CHART FOR STAR:
In a volatile session on Wednesday, the S&P BSE Sensex pared initial losses to settle the day 175 points lower, while the broader CNX Nifty ended below its key 7,850-mark.The Sensex ended with a loss of 176 points at 25,597. The Sensex opened at 25,549 touched an intra-day high of 25,762 and low of 25,409.The Nifty closed with a loss of 39 points at 7,848. The Nifty opened at 7,805 hitting a high of 7,893 and low of 7,781. Today, Indian Stock Market open gap negative. Technically, Indian Stock Market is in positive zone but the news on Capital
Gain Tax in new Mauritius Treaty force market to see a sharp downfall. Anyways it would be temporary in nature and it is recover after gap down opening. Traders should go long at sharp dip in the market. Now if Nifty closes above 8013 levels then it would form a solid Inverse Head and Shoulder Pattern (Bullish), that would confirm a Sharp breakout in complete Indian Stock Market including, Nifty, BankNifty and Sensex. FIIs were net buyers of Rs.328.59 crores whereas DIIs were net buyers of Rs.68.2 crores in cash market for last trading session. Nifty would see strong support at 7775-7730-7715-7680 whereas strong resistance would be seen at 7888-7926-7980-8005 levels.
TOP GAINERS: Zee Ent, Axis Bank, Hindalco, Asian Paints, Bosch, Maruti Suzuki Grasim and Kotak Mahindra Bank
TOP LOSERS: Bharti Airtel, Tata Motors, Tata MotorsDVR, SBI, Tata Power, Dr.Reddy's and Tech Mahindra 

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