WEEKLY RECOMMENDATION UPDATE:
UPL HIT ALMOST ALL TGT 680 MADE HIGH OF 677 .50 GIVEN BUY AT 655
UPL HIT ALMOST ALL TGT 680 MADE HIGH OF 677 .50 GIVEN BUY AT 655
LOT SIZE :1200
TOTAL PROFIT : 54000 IN JUST 2 LOT
“BUY STAR ABOVE 1100 TGT 1125/1150
SL 1070”
SL 1070”
After showing correction from few
sessions , now stock is trading in long term recovery phase, it is likely to
continue the upside move in near term with the crossing of the resistance level
of 1100 as the stock is managing to sustain above the level of 1110. One may
get the targets of 1125,1150 in the stock with the stop loss of 1070. Healthcare
company Strides Shasun shares jumped more than 4 percent intraday Friday
on acquisition of USFDA approved API (active pharmaceutical ingredients)
facility in India.
go long at every dIP with stop-loss
at 8,250
Technically, Traders can go long at
every dip in the market with strict stoploss at 8250 levels on closing basis.
Traders should note that this positive rally is for very short term but for now
traders can go long at every dip in the market until market again see reversal. On the other hand, if the nifty
reverses lower from 8,250 a corrective fall to 8,200 or 8,150 is
possible. and downside be alert below 8100 and
avoid all longs below that level as selling may intensify below that level. The support for the Nifty is 8250-8205-8180-8100
and the resistance to the up move is at 8330-8399-8440-8495 levels.
TOP
GAINERS: Yes Bank and Kotak Bank
TOP
LOSERS: Tech
Mahindra and HCL Tech
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