WEEKLY UPDATE OF WOCKPHARMA

LAST WEEKLY RECOMMENDATION:

WOCKPHARMA IS ON FIREEEEEEEEE …!!!!!!!!!!!!

ALMOST HIT FINAL TGT 1000  MADE HIGH OF 993.85 BUY AT 920

LOT SIZE: 375

WEEKLY TOTAL PROFIT: 55300 IN JUST TWO LOT

FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>

WEEKLY CHART FOR WOCKPHARMA:

TECHNICAL ANALYSIS OF GLENMARK 11 MARCH 2016

FUTURE TIP FOR 11 MARCH 2016

FUTURE:

"BUY GLENMARK ABOVE  830 TGT 840/850 "

"SELL GLENMARK BELOW 818 TGT 810/790 "

DAILY CHART FOR GLENMARK:

MARKET SUMMARY OF 01 MARCH 2016:

BSE Sensex ended with a loss of 171 points at 24,623. The  Sensex opened at 24,815 touched an intra-day high of 24,817 and low of 24,471. The Nifty closed with a loss of 46 points at 7,486. The Nifty opened at 7,545 hitting a high of 7,547 and low of 7,447. With some choppiness, and the kind of intraday pullbacks we have had in the past couple of days, there is a good chance that we will see higher levels. Overall, even if the Nifty50 does not go higher immediately, we are looking at rallies that should see the index possibly heading towards 7,680-7,700 levels. The idea should be to trade on the long side and use any intraday decline to add to your long positions.
TOP GAINERS:

MARUTI SUZUKI (1.2%), TATA STEEL (1.2%), CIPLA (1.1%), ONGC (0.9%), NTPC (0.8%) 

TOP LOSERS:

INFOSYS (2.6%), BHEL (1.9%), RIL (1.8%), L&T (1.8%), TCS (1.6%) 

Late rally lifts Sensex 135 pts, Nifty above 7500

Sensex ended with a gain of 134 points at 24,794. The Sensex opened at 24,257 touched an intra-day high of 24,819 and low of 24,452.The Nifty closed with a gain of 47 points at 7,530. The  Nifty opened at 7,436 hitting a high of 7,539 and low of 7,424. Nifty closed unchanged at 7485. So tomorrow on upside first resistance is at 7540-70 level. Next resistance are at ,7592-97,7613-18,7654-59,7678-83,7725-30,7784-89. On downside first support is at 7461-56 level. Next support are at 7438-33,7399-94,7358-53,7318-13,7300-95. Market is now back in bull side and next resistance zone is at 7590-7610 level .So today for intraday on upside intra resistance are at 7590 and 7630 level .On downside be alert below 7395 and avoid all intraday longs below that level . The market gained strength in late trade that helped Nifty end above 7500 for first time since February 1, supported partially by positive European cues and crude oil gains. Oil, infra, select auto and banks stocks aided upside. Maruti Suzuki, L&T, ONGC, Infosys, Axis Bank and Asian Paints are among the gainers, whereas HDFC, ITC, Tata Steel, Sun Pharma, Adani Ports and Dr.Reddy's are losing sheen on BSE.

Indian equity market started off the truncated week on a sloppy note

Sensex ended with a gain of 13 points at 24,659. The  Sensex opened at 24,655 touched an intra-day high of 24,793 and low of 24,509.The  Nifty closed at 7,485. The  Nifty opened at 7,486 hitting a high of 7,527 and low of 7,442. After enjoying the best weekly gains in the previous week, the Indian equity market started off the truncated week on a sloppy note. Indices, which had opened with gains were unable to carry forward the momentum as selling pressure in the banking, financials and IT stocks dragged the indices to close with marginal losses snapping a four-day winning streak. Nifty continued the bullish momentum to close at 7485. So today on upside first resistance is at 7519-24 level.Next resistance are at 7547-52,7578-83,7610. On downside first support is at 7451-46 level.Next support are at 7423-18,7392-87,7358-53. Cairn India, Hindalco, Vedanta, Lupin, GAIL, RIL, HDFC, Adani Ports and ITC were among the gainers , whereas Bank of Baroda, Maruti Suzuki, HCL Tech, HUL, SBI, Kotak Bank and PNB were among the losers today.