STOCK FUTURE TIP FOR WEEK 20-23 FEB

WEEKLY RECOMMENDATION UPDATE:

INFY ROCKS HIT TGT 1000 MADE LOW OF 1012

 GIVEN BUY AT 968

TOTAL PROFIT: 22000 IN JUST 1 LOT

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BUY ZEEL ABOVE 525 TGT 535/550 SL 500

READ MORE TO KNOW TECHNICAL BASIS :

Primary trend of the stock is bullish and after giving breakout of its range bound movement, it is forming continuation pattern in short term charts, it is likely to continue the positive movement with the breakout of the pattern at the levels of 530-32 ; as the stock is managing to trade above its 50 and 200 days moving averages with the RSI of 62, one may expect the targets of 550 in the stock if it manages to sustain above the immediate support level of 500.