HOLD FOR 2ND TGT 398
FOR MORE CALLS FILL UP THE FORM GIVEN HERE>>>>>
FOR MORE CALLS FILL UP THE FORM GIVEN HERE>>>>>
BUY M&M ABOVE 780 TGT 790/800 SL
767
Market summary 09 APRIL 2018:Domestic
shares closed higher for a third straight session on Monday as financial stocks
rose with global sentiment turning positive amid easing trade war fears. Both
indexes marked their highest closing levels since March 14. MidCap was up 0.09% and SmallCap gained 0.32%.
Among the sectoral indices on BSE, consumer durables gained most at 1.94%
followed by oil and gas 1.57% and energy 1.02%, while IT was down 0.90% and
teck fell 0.95%, healthcare 0.2 per cent.. Top five Sensex
gainers were Axis Bank, IndusIndBank, M&M, ITC and Asian Paints, while the
major losers were Infosys, Bharti Airtel, Tata Motors, TCS and Sun Pharma.
Mahindra and Mahindra Limited is engaged in the
manufacturing of passenger cars, commercial vehicles and tractors. Primary
trend of the m&m 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 789 ; Overall trend of the stock is bullish. As the stock is
managing to trade above its 22& 55 and 200 days moving averages with the
RSI of 64, one may expect the targets of 795/800 in the stock if it manages to
sustain above the immediate support level of 780.
DAILY
CHART FOR UJJIVAN:
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