LAST
RECOMMENDATION UPDATE: GIVEN ON 27 OCT
ARVIND HIT ALL
TGT 420 MADE HIGH OF 424.90
LOT SIZE: 2000
DAILY TOTAL PROFIT:
40000 IN JUST TWO LOT
FOR MORE
ROCKING CALLS FILL UP THE FORM GIVEN HERE
Primary trend of
the stock is bullish and It is expected to continue the bull run with the
crossing of the resistance level of 555, 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 560/570 and with the strict stop loss of
539.
Nifty shuts below
8,650 mark
Markets closed
the session on a lower note amid volatile trading session. Sensex ended with a loss
of 54 points at 27,877. The Sensex opened at 27,966 touched an intra-day high
of 28,030 and low of 27,846.The Nifty closed with a gain of a mere one point at 8,626. The
Nifty opened at 8,653 hitting a high of 8,670 and low of 8,614. Nifty50 has
found a strong support at 8,500 but the breaching of which will start a long
spell of sideways movement with downward bias. However, market is also likely
to face strong resistance at 8,800 and 8,900 on the upper side. The long term
strength of the market is intact. Buy on dips and fresh longs can be entered at
current levels with stop below 8,500 .
TOP
GAINERS: Eicher
Motors, Hindalco, Tata Steel, NTPC, HDFC, Bharti Infratel
TOP LOSERS: Axis
Bank, Sun Pharmaceuticals, Kotak Bank, Cipla, Zee,Tech Mahindra
No comments:
Post a Comment