Friday, April 28, 2017

PROFIT BOOKING TO BE SEEN UNTIL NIFTY CLOSES ABOVE 9370


YESTERDAY’S RECOMMENDATION UPDATE:
MINDTREE ACHIEVED TGT 490
 TOTAL PROFIT: 21600 IN JUST 2 LOT

WEEKLY RECOMMENDATION UPDATE:
RELINFRA  MOVE ON OUR WORDS ACHIEVED TGT 600
TOTAL PROFIT: 44200 IN JUST 2 LOT
FOR MORE CALLS SUCH WEEKLY AND INTRADAT CALLS FILL UP THE FORM GIVEN HERE>>>>>

SENSEX ended at 29,918 down 111 points, Nifty closed at 9,304
Technically, Indian Stock Market is still in positive trend. New F&O contract was start today. Market is entering into consolidation soon. Nifty may see its strength loosing below 9320 levels. Nifty has formed BLACK CLOUD COVER candlestick pattern and Stochastic are already in overbought region, so closing below 9320 would force market to see further profit booking. Further positive rally would begin only if Nifty manages to close above 9370 levels. Once market closes above 9370 levels we would see Nifty achieving the next target of 9415 levels. Until then traders can go short at resistance and long at support levels.
EVENTS NEXT WEEK: RESULTS ANNOUNCED BY
Ajanta Pharma Ltd
ICICI Bank Ltd
Housing Development Finance Corporation Ltd
L&T Finance Holdings Ltd
Wockhardt Ltd

Apollo Tyres Ltd

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