Friday, November 18, 2016

WEEKLY TRADE IDEA ON HINDPETRO FUTURE FOR NOV 2016

YESTERDAY’S RECOMMENDATION:
GLENMARK HIT ALL TGT 900 MADE HIGH OF 903.50

DAILY PROFIT: 14000 IN JUST TWO LOT
WEELY RECOMMENDATION UPDATE:
ZEEL  HIT TGT 450 MADE LOW OF 442.90
WEELY TOTAL PROFIT: 96460 IN JUST TWO LOT
BUY HINDPETRO ABOVE 450 TGT 470/490”
FOR MORE 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 466, 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 490/500 and with the strict stop loss of 420.
Sensex trades flat, Nifty below 8,100
Sensex closed down 77 points, or 0.30%, at 26,150.24. The  Sensex opened at 26,270, touched an intra-day high of 26,349 and low of 26,118.The Nifty closed with a loss of mere six points at 8,074. The Nifty opened at 8,097 hitting a high of 8,129 and low of 8,048.Technically,
A strong break below 8030 will increase the downside pressure and drag it to 7950/7900. Traders can go short on a break below 8030.On the other hand, a decisive break above 8300 will ease the downside pressure and take the index futures higher to 8350 and 8400 .
TOP GAINERS:  NTPC, ONGC, Bajaj Auto, GAIL, M&M, HDFC, RIL and Maruti Suzuki
TOP LOSERS:   Tata Motors, Dr Reddy's, Sun Pharmaceuticals, ITC, Adani Ports, Wipro


No comments:

Post a Comment