LAST RECOMMENDATION UPDATE: GIVEN ON 29 MAR 2016:
TVSMOTOR IS ON FIREEEEEEEEEEEEEE!!!!!!!!!!!!
IN BULLISH MOMENTUM: HIT FIRST TGT 324
MADE HIGH OF 325.80
LOT SIZE: 2000
TOTAL PROFIT: 19200 IN JUST TWO LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN
HERE >>>>>>>>>>>>>>>
DAILY CHART FOR TVSMOTOR:
Indian
Stock Market would open gap positive. SO Technically, Nifty and BankNifty has
both entered into negative zone but Market would see sharp recovery during
whole day. Now the trading has to be little tricky as both the indices has
entered the positive zone .Market would not fall much in next 2 days until RBI
Policy is declared and hence can even see some temporary positive reaction. The
Sensex regained the 25,000-mark on the back of a rally in realty, metal,
banking and capital goods sector stocks amid a firming trend overseas. Finally,
Sensex ended with a gain of 438 points at 25,339. The Sensex opened at 25,062, touched an intra-day
high of 25,355 and low of 25,055.The Nifty closed with a gain of 138
points at 7,735. The Nifty opened at 7,651 hitting a high of 7,739 and low of
7,643. Vijay Mallya, chairman of the grounded Kingfisher Airlines,
has submitted a repayment plan to the Supreme Court. He is ready to
pay Rs 4,000 crore by September 2016 to the banks. If Indian
Stock Market remained bearish before RBI Policy, then it would set the
expectation down and in this case we would see sharp breakout after RBI Policy.
But If Market remained bullish before RBI Policy then we would see a sharp
downfall post RBI Policy as street expectations would be high. The Best
strategy for traders is to buy at dips near support and sell at every positive
movement near resistance. FIIs were again net buyers of Rs.513.45 crores
whereas DIIs were net sellers of Rs.556.69 crores in last trading session.
NSE Nifty: (7740) The support for the Nifty is
7660-7630-7600 and the resistance to the up move is at 7750-7800-7850 levels.
TOP GAINERS: ICICI Bank, Tata Steel,
Lupin, Tata Motors, Adani Ports, PNB and Vedanta
TOP LOSERS: Zeel, M&M, HDFC, Bharti Airtel, Maruti
Suzuki and HUL
