LAST WEELY RECOMMENDATION:
IN
BULLISH MOMENTUM: HDFCBANK HIT ALL TGT 1255 MADE HIGH OF 1261.70
LOT
SIZE: 500
DAILY
TOTAL PROFIT: 26700 IN JUST TWO LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN
HERE >>>>>>>>>>>>>>>
FUTURE:
“BUY ZEEL
ABOVE 503 TGT 510/515”
“SELL ZEEL
BELOW 494 TGT 488/480”
DAILY CHART FOR ZEEL:
Primary trend of the stock is
bullish and after giving breakout of its range bound movement, it is forming
continuation pattern in short term charts, it is likely to continue the
positive movement with the breakout of the pattern at the levels of 470 ; as
the stock is managing to trade above its 50 and 200 days moving averages with
the RSI of 70, one may expect the targets of 520 in the stock if it manages to sustain above
the immediate support level of 490. The stock is in bull run and is forming a
reversal pattern also in short term charts, it is likely to show correction
with the breach of the support level of 480, where one may initiate the short
position in it for the targets of 455, while stop loss can be placed at 510.Today, Sensex ended with a loss of 157
points at 28,052. The Sensex opened at 28,233 touched an intra-day high of
28,233 and low of 28,038.The Nifty closed with a loss of 28 points at
8,639. The Nifty opened at 8,668 hitting a high of 8,670 and low of 8,631.15.
After gaining for two consecutive trading sessions, the Indian equity market
closed lower on Friday. The key benchmark indices dropped in the morning trade
on Friday on profit-booking by participants as the August derivatives series
began on a negative note.
TOP GAINERS:
Bajaj Auto, Tata Steel, Hero MotoCorp, Axis Bank, Lupin,
M&M and Cipla
TOP LOSERS:
ICICI Bank, Bharti Airtel, Wipro, L&T, HDFC, HDFC Bank
No comments:
Post a Comment