ioc
move on our words ACHIEVED TGT 439
TOTAL
PROFIT: 19200 IN JUST 2 LOT
EVENT: RESULT ON
21 APRIL 2017
ACC Ltd , Fag Bearings India Ltd, HDFC Bank Ltd
Sensex gains 86
points, Nifty ends above 9,160
Technically, Indian Stock Market including Nifty, BankNifty
and Sensex are in negative zone. Nifty has formed HAMMER Candlestick Pattern
with stochastic in oversold region and hence we can see some sharp bounce back
in Nifty from support levels at this point of time but Nifty would enter into
short term positive zone only it closes above 9160 levels. For now, Nifty would
see immediate resistance near 9165-9185 levels and downside is open until
9050-9000 levels. BankNifty has recently entered into negative zone and further
downfall would be seen in BankNifty in upcoming days after some short covering
rally. Overall market would consolidate in a range bound region and traders can
go long at support and short at our
predicted resistance levels.
SUPPORT: 9080-9045-9020-8997
resistance: 9135-9165-9185-9220
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