Tuesday, May 3, 2016

Sensex slides 207 points on global growth worries, Nifty below 7750

LAST RECOMMENDATION UPDATE: GIVEN ON 02 MAY 2016:
UPL IS ON FIREEEEEEEEEEEEEE!!!!!!!!!!!!
IN BEARISH MOMENTUM: HIT TGT 585 GIVEN SELL AT 595 MADE LOW OF 580.80
LOT SIZE: 1000                                                       
TOTAL PROFIT: 10000 IN JUST TWO LOT
FOR MORE JACKPOT CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
INTRADAY CHART FOR UPL:
The  Sensex ended with a loss of 207 points at 25,230. The  Sensex opened at 25,500 touched an intra-day high of 25,706 and low of 25,193. The Nifty closed with a loss of 59 points at 7,747. The Nifty opened at 7,825 hitting a high of 7,890 and low of 7,735. Indian Stock Market was open positive. Technically, Indian Stock Market including Nifty and BankNifty has entered into negative zone. Now some short covering rally (Positive Rally) can’t be ruled out but Every positive movement in the market would be temporary and an opportunity for traders to go short. Next target would be
7720 levels for Nifty and 16380 levels for BankNifty. FIIs were net buyers of Rs.434.93 crores whereas DIIs were net sellers of Rs.109.56 crores in cash market for last trading session. Nifty would see strong support at 7763-7720-7700-7685 whereas strong resistance would be seen at 7830-7865-7900-7925 levels. Rolta India jumped 14.4% to Rs.87.80 on BSE. The company has bagged multi-year GIS contract from UK Power Networks. CCL Products Ltd rallied by 14% at Rs. 220. The company’s consolidated revenue stood at Rs. 264.49 crore, up 22.22% yoy and 24.21% qoq.
TOP GAINERS: Bharti Airtel, Tata Motors, Adani Ports, L&T, Asian Paints and Tata Steel
TOP LOSERS  : Coal India, Lupin, HUL, Infosys, TCS, Sun Pharma, ONGC and ITC 

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