“BUY VOLTAS
ABOVE 402 TGT 412/418”
FOR MORE
ROCKING CALLS FILL UP THE FORM GIVEN HERE>>>>>
Primary trend of
the stock is bullish and is consolidating at the higher level after showing
correction. It is expected to continue the bull run with the crossing of the
resistance level of 402, as the stock is sustaining above its 200 and 50,22
days moving averages. One may initiate the long position above the mentioned
level for the targets of 406/412 and with the strict stop loss of 390. where
one may initiate the short position only below 490 in it for the targets of 480,
while stop loss can be placed at 502.
nifty near
8600 mark
Nifty break above 8680 then it will increase the
strong bullish pattern breakout, which will take the indices up towards
8750/8850. A strong break (close) below 8500 will increase the downside pressure
and drag it to 8400,8300. Traders can go short on a break below 8500 with a
stop-loss at 8700 for the target of 8400.
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