LAST RECOMMENDATION UPDATE:
GIVEN ON 04 NOV
JUSTDIAL HIT
TGT 350 MADE LOW OF 346.55
LOT SIZE: 800
DAILY TOTAL PROFIT:
32000 IN JUST TWO LOT
FOR MORE
ROCKING CALLS FILL UP THE FORM GIVEN HERE>>>>>
Primary trend of the stock is bearish and it
is likely to show correction with the breach of the support level of 480, where
one may initiate the short position in it for the targets of 450, while stop
loss can be placed at 500. Currently it has formed reversal pattern on the
short term charts and trading below the resistance level of 500.Breakout of its
resistance level may show recovery in it where traders can expect targets of 520
and 540 while major support of 380 can be placed as technical stop loss. One
may initiate the long position above the mentioned level for the targets of 520
and with the strict stop loss of 380.
Nifty shuts below
8,650 mark
The
Indian markets would remain shut on Monday, November 14, 2016 on account of
'Guru Nanak Jayanti'. All the wholesale commodity markets, including bullion
and metal, are closed on Monday. Trading in the Indian markets would resume on
Tuesday, November 15, 2016.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. Sensex ended today’s trading with a
loss of 699 points at 26,819. It opened at 27,345, touched an intra-day high of
27,345 and low of 26,777. The Nifty closed
with a loss of 229 points at
8,698. It opened at 8,457, hit an intra-day high of 8,461 and low of 8,285.
Despite a rally in the domestic equity market on Thursday, the market
closed lower on Friday due to profit booking, all the sectoral indices closed
in red and fell the most since February 11. A weaker rupee and lower
crude oil prices. Sentiment also weighed the fallout of PM Narendra
Modi’s decision to demonetise currency and withdraw high denomination bank
notes.Nifty to remain volatile going ahead to trade in the
broader range. Range on downside support comes at 8290 - 8150 while resistance
is at 8600 - 8680. 
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