WEEKLY BUY HEROMOTOCO FUTURE FOR 03-07 APRIL

buy HEROMOTOCO above 3250 tgt 3280/3330 sl 3210

Primary trend of the HEROMOTOCO is bullish and it is near to give breakout of its MONTHLY PIVORT POINT range bound movement of 3260, 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 3260; as the stock is managing to trade above its 55&200 days moving averages with the RSI of 45, one may expect the targets of 3280/3330 in the stock if it manages to sustain above the immediate support level of 3200.22 EMA at 3280 seen as a first resistance level .

Market In Positive Momentum, Hold Long Positions Or Buy At Dips

The surged to an intraday high of 9,208 after opening at 9,185. However, it failed to sustain higher and has come-off from the day’s high.Immediate support is at 9,175. A break below it

YESTERDAY’S RECOMMENDATION UPDATE:

MOTHERSUMI ALMOST HIT FINAL TGT 382 MADE HIGH OF 381.35

 BUY GIVEN AT 372

LOT SIZE: 2500

NOW TOTAL PROFIT: 32750 IN JUST 2 LOT

BUY tcs ABOVE 2450 TGT 2480/2490 SL 2410

Primary trend of  TCS is bearish and, BUT it is forming reversal pattern in short term charts, it is likely to continue the positive movement with the breakout of the pattern at the levels of 2460 at 22 EMA of resistance level . and 55&200 days moving averages seen as support level with the RSI of 50, one may expect the targets of 2480/2490 in the stock if it manages to sustain above the immediate support level of 2450.

YESTERDAY’S RECOMMENDATION UPDATE:

JETAIRWAYS almost HIT  final TGT 518 MADE HIGH OF 517.35

 BUY GIVEN AT 503

LOT SIZE: 1000

NOW TOTAL PROFIT: 28700 IN JUST 2 LOT

Buy MOTHERSUMI above 372 tgt 378/382 sl 365

Primary trend of the MOTHERSUMI is bullish and after giving breakout of its MONTHLY PIVORT POINT 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 370 ; as the stock is managing to trade above its 22 and 55&200 days moving averages with the RSI of 67, one may expect the targets of 378/385 in the stock if it manages to sustain above the immediate support level of 370.first resistance level seen on charts at 382.

Go Long Until Nifty Closes Below 9020

Sensex ended at 29,409, up 172 points, while Nifty closed at 9,100, up 55 points.  Technically, Nifty is still in negative zone. Closing below 9020 would force Nifty to see sharp downfall but until Nifty holds 9020, there is strong chances of sharp bounce in the market. Once Nifty closes above 9123 levels, market would move towards new highs but until then sideways movement would be seen. Traders can go long at dips until Nifty holds 9020 on closing basis.

BEST STOCK FUTURE TO TRADE ON 28 MAR 2017

buy JETAIRWAYS above 503 tgt 512/518 sl 495

Primary trend of the JETAIRWAYS is bullish and after giving breakout of its MONTHLY PIVORT POINT 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 500 ; as the stock is managing to trade above its 22 and 55&200 days moving averages with the RSI of 73, one may expect the targets of 512/528 in the stock if it manages to sustain above the immediate support level of 500.first resistance level seen on charts at 530.