LAST DAILY RECOMMENDATION:
IN BeariSH
MOMENTUM: ADANIPORTS HIT FIrst
TGT 270 MADE A low OF 266
LOT SIZE: 2500
DAILY TOTAL PROFIT: 22500 IN JUST ONE LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN
HERE >>>>>>>>>>>>>>>
We continue to see considerable call buildup around the 8700
levels, this suggests that smart money may not be betting on a big rally to
take the markets much higher above 8700 in the near future. PCR
ratio is around the 0.91 levels which could also mean overall retail outlook is
still positive and most retail participant expect the markets to move up from
this juncture." Indian Stock Market was open
negative. Technically, Indian Stock Market entered into positive trend. Market
is still in consolidation phase and would see sharp breakout once BankNifty
closes above 19070 levels. If Bank Nifty manages to close above 19070, then the
next target would be 19300-19500-20000 levels in days to come. Some sharp
correction would be seen but traders should buy at dips and sell at positive
rally near resistance levels. Once BankNifty breaches levels of 19070 by
closing then traders can go long with full quantity and enjoy huge profits
TOP GAINERS: Tata Steel, Coal India, Aurobindo
Pharma, Bajaj Auto, Hero MotoCorp
TOP LOSERS: Adani Ports, TCS, Tech Mahindra, Power Grid, Infosys and Idea Cellular
No comments:
Post a Comment