FUTURE :
“BUY STAR
ABOVE 1150 TGT 1160/1175”
“SELL
STAR BELOW 1135 TGT 1125/1110”
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN
HERE >>>>>>>>>>>>>>>
DAILY CHART FOR STAR:
Strides
Shasun's FY16 results on May 16, 2016 Strides Shasun Ltd has informed BSE that
a meeting of Board of Directors of the Company is scheduled to be held on May
16, 2016, inter alia, to consider the audited financial results of the Company
for the financial year ended March 31, 2016 and recommendation of dividend
"In Strides Shasun again a bottom is being made and it has been
holding averages. So this is a buy with a stop loss of Rs 1,120, target of Rs
1,165/1175," .The Sensex ended with a gain of 84 points at 25,773. The
Sensex opened at 25,683 touched an intra-day high of 25,810 and low of 25,614. The Sensex fell by some 35 points in early trade on Tuesday
as funds and retail investors booked profits after yesterday's strong gains
amid mixed Asian cues.
The Nifty closed with a gain of 22 points at 7,888. The Nifty opened at 7,874 hitting a high of 7,897 and low of 7,837. The support at 7,865 is holding as of now. The next support is at 7,845. These supports are likely to limit the downside for the day. Though a test of these supports is possible while the contract trades below 7,900, such dips will be a good buying opportunity. Immediate resistance is at 7,900. A strong break above it can take the index futures higher to 7,940 and 7,975. Traders with a short-term perspective can make use of dips to go long near 7,865. Stop-loss can be placed at 7,840 for the target of 7,915.
The Nifty closed with a gain of 22 points at 7,888. The Nifty opened at 7,874 hitting a high of 7,897 and low of 7,837. The support at 7,865 is holding as of now. The next support is at 7,845. These supports are likely to limit the downside for the day. Though a test of these supports is possible while the contract trades below 7,900, such dips will be a good buying opportunity. Immediate resistance is at 7,900. A strong break above it can take the index futures higher to 7,940 and 7,975. Traders with a short-term perspective can make use of dips to go long near 7,865. Stop-loss can be placed at 7,840 for the target of 7,915.
TOP GAINERS: Dr. Reddy's, Grasim, Axis Bank,
L&T, HUL, ACC, GAIL and BHEL
TOP LOSERS:Tata Motors, Tata Motors DVR, Hindalco, ONGC, NTPC, Bosch, Tata Power
No comments:
Post a Comment