FUTURE :
“BUY APOLLOHOSP ABOVE
1347 TGT 1355/1365”
“SELL
APOLLOHOSP BELOW 1330 TGT 1320/1300”
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN
HERE >>>>>>>>>>>>>>>
Initiate Short Positions If 7780
Breaches for Nifty, Till Then Hold Long
DAILY CHART FOR APOLLOHOSP:
The Sensex ended
with a gain of 164 points at 25,653. The Sensex opened at 25,529 touched an
intra-day high of 25,688 and low of 25,352. The
Nifty closed with a gain of 46 points at 7,861. The Nifty opened at 7,831
hitting a high of 7,874 and low of 7,772. Indian Stock Market would open flat with
negative bias. Technically, Indian Stock Market is still in positive zone. Till
now, Market is holding 7780 levels for Nifty by closing but once it closes
below those levels, Nifty would enter into negative zone and we could see sharp
downfall upto 7715-7550 levels. Reversal levels of BankNifty would remain at
16500 levels. If Market is able to hold those levels and rebound then we would
see some resistance near 7926-7980 levels. So, now traders should wait and see
any of these levels to breach or sustain for further trading decisions. The
trade is to buy at supports and sell at resistance levels with small
stoplosses. Nifty would see strong support at 7780-7730-7715-7675 whereas
strong resistance would be seen at 7843-7881-7926-7980 levels.
TOP GAINERS:Yes Bank, Bharti Infratel, Bosch, ITC, Dr.Reddy's, HDFC, Tech
Mahindra, HDFC Bank and HUL
TOP LOSERS: Bank of Baroda, SBI,
Cipla, Adani Ports, Idea Cellular, BHEL and ICICI Bank
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