LAST DAILY RECOMMENDATION:
IN BULLISH MOMENTUM: YESBANK HIT FINAL TGT 1220
MADE A HIGH OF 1226.75
LOT SIZE: 700
DAILY TOTAL PROFIT: 14000 IN JUST ONE LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN
HERE >>>>>>>>>>>>>>>
Technically, Indian Stock Market is still in
positive zone. Today is F&O Expiry and huge volatility was be seen. Market
would see some sharp correction but it would be temporary and Nifty closes
above 8636, now we can see a sharp positive rally in days to come. GST news would
decide further market movement but traders should buy at dips near support
levels and book profits at resistance levels.The
support for the Nifty is 8550-8530-8496-8470 and the resistance to the up move
is at 8636-8665-8707-8741 levels. Today,The Indian stock market rallied for
second consecutive session amid smooth rollovers in F&O expiry.
Sentiment
got a boost after the Union Cabinet cleared changes in the GST Constitutional
Amendment Bill in a bid to strengthen the chances of passage of the crucial
legislation that can potentially transform the tax structure by subsuming all
indirect taxes and creating a single market. the BSE Sensex ended with a
gain of 184 points at 28,209. The BSE Sensex opened at 28,109 touched an
intra-day high of 28,240 and low of 28,065.The NSE Nifty closed with a
gain of 51 points at 8,666. The NSE Nifty opened at 8,637 hitting a high of
8,674 and low of 8,625.
TOP GAINERS: Asian Paints, Maruti
Suzuki, Power Grid, Sun Pharma, ITC and Coal India
TOP LOSERS: Tata Motors, L&T, Axis Bank, Bharti Airtel and Infosys
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