“BUY ZEEL ABOVE 466 TGT 472/480”
“SELL ZEEL BELOW 460 TGT 455/450”
DAILY CHART FOR ZEEL:
After showing correction
from the higher level, now stock is trading in short term recovery phase, it is
likely to continue the upside move in near term with the crossing of the
resistance level of 470 as the stock is managing to sustain above the level of
470. One may get the targets of 480,490 in the stock with the stop loss of 450.
Markets gathered pace in late trades further, the
Narendra Modi government on Thursday reached out to the principal opposition
party Congress over the contentious issue of Goods and Service Tax Bill. the
progress of the monsoon also aided sentiment. The Indian stock market
ended with smart gains on Thursday tracking firm cues across the Asian and the
European markets. Nifty reclaimed 8,550 for the first time since August 11,
2015 as
sentiment were upbeat ahead of the Monsoon Session of Parliament, Sensex ended with a gain of 127 points at 27,942. The Sensex opened at 27,858 touched an intra-day high of 27,968 and low of 27,763.The Nifty closed with a gain of gain 46 points at 8,565. The Nifty opened at 8,516 hitting a high of 8,571 and low of 8,501.
sentiment were upbeat ahead of the Monsoon Session of Parliament, Sensex ended with a gain of 127 points at 27,942. The Sensex opened at 27,858 touched an intra-day high of 27,968 and low of 27,763.The Nifty closed with a gain of gain 46 points at 8,565. The Nifty opened at 8,516 hitting a high of 8,571 and low of 8,501.
TOP
GAINERS: ICICIBank, Maruti Suzuki, Zee, Power Grid,Tech
Mahindra
TOP LOSERS: ONGC, Infosys, Sun Pharma, M&M, Dr. Reddy's,
Wipro and Cipla
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