BUY JUSTDIAL TIP FOR 26 AUG 2016

YESTERDAY'S ZEEL HIT FIRST TGT 510!!!
“BUY JUSTDIAL ABOVE 500 TGT 515/535”

JUSTDIAL  , Trading idea is buy on JUSTDIAL ; 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 500 as the stock is managing to sustain above the level of 500. One may get the targets of 530,540  in the stock with the stop loss of 475.

F&O Expiry Today, Hold Long Positions Only if Nifty Closes Above 8597 Level

The market is absolutely flat with Sensex is up 11.44 points at 28071.38, and the Nifty is 8.65 points at 8658.95. Today is F&O Expiry for the month and huge volatility would be seen. Technically, Indian Stock Market is in positive trend. Analysis would still remain same. Market would still be considered positive until BankNifty holds 19211 on Intraday basis and 19166 on closing basis for spot levels. BankNifty would see sharp breakout if it breaches 19500 levels, Until then market would continue to sideways movement between  support and resistance levels. Traders can hold long positions in BankNifty and Nifty until it holds 19166 levels for BankNifty and 8597 for Nifty on closing basis. Breaching these levels would force market to see a sharp downfall in days to come and traders can initiate fresh short positions in that case.

TOP GAINERS: Cipla, Axis Bank, Bajaj Auto, ITC, TCS, Lupin, Hero MotoCorp

TOP LOSERS:  Wipro, Infosys, Adani Ports, Bharti Airtel, NTPC and HDFC