LAST RECOMMENDATION GIVEN ON 19 JAN 2016:
RELIANCE IS ON FIREEEEEEEEEEEEEE !!!!!!!!!!!!
IN
BEARISH MOMENTUM : STAR HIT FINAL TGT 1005 MADE LOW OF 1003
LOT SIZE: 400
TOTAL INTRA
DAY PROFIT: 21600 IN JUST TWO LOT
FUTURE TIP FOR 20 JAN 2016
FUTURE:
"BUY IBULHSGFIN
ABOVE 705 TGT 715/725 "
"SELL IBULHSGFIN BELOW
677 TGT 670/660 "
DAILY CHART FOR IBULHSGFIN:
MARKET SUMMARY OF 20 JAN
2016
The market
continues sag in the negative zone. The Indian rupee tumbled 33 paise to trade
over 28-month low at 67.98 against the dollar.The rupee hits 68 against US Dollar for first time since
Sep 2013. Sensex cracks below 24,000-level for the first time since May
16, 2014, by plunging 482 points to 23,998.65. Sensex lost about 417
points to close at 24,062.04, down 1.71 per cent, while Nifty50 depreciated
125.80 points, or 1.69 per cent, to end the day at 7,309.30. Sun Pharma,
Infosys, SJVN,Balkrishna Industries, Rajesh Exports and Vakrangee are among the
gainers, whereas Tata Steel, RIL, SBI, L&T, Adani Ports, ONGC, ICICI Bank
and Axis Bank are losing sheen on BSE.
Axis Bank slipped 2.7% to Rs.382.55 on BSE. The bank is
scheduled to announce its December quarter earnings today. According to IIFL
estimates, the bank will report net profit around Rs. 2243.9 crore at growth
rate of 18.1 % on Y-o-Y basis and 17.1 % on Q-o-Q basis.
UPCOMING RESULT ON 21 JAN 2016
Biocon
Ltd