Wednesday, March 15, 2017

YESTERDAY’S RECOMMENDATION UPDATE:

BIOCON  ROCKS HIT FIRST ALL TGT 1125 MADE HIGH OF 1126.95

BUY GIVEN AT 1100
LOT SIZE: 600
 TOTAL PROFIT: 32340 IN JUST 2 LOT
Markets end marginally lower ahead of Fed rate decision
Nifty is trading on a mixed note and manages to sustain above 9,100, it is not gaining strength to extend its up move. nifty made a high of 9,130 and has come-off slightly from there.Market may continue to trade on a mixed note as it awaits the outcome of the US Federal Reserve meeting tonight. This may set the trend for the market. A breakout on either side of the 9,080-9,135 range will decide the next move. If nifty declines below 9,080, it can move down to 9,060 initially. Further break below 9,060 can drag it to 9,020 or 9,000.On the other hand, if nifty manage to surpass the hurdle at 9,135 decisively, it can rally to 9,150 or even 9,200 thereafter.

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