FUTURE:
“BUY RELCAPITAL
ABOVE 405 TGT 410/420”
“SELL RELCAPITAL
BELOW 390 TGT 385/375”
DAILY CHART FOR RELCAPITAL:
Sensex ended with a gain of 241
points at 26,867. The Sensex opened at 26,497 touched an intra-day high of
26,885 and low of 26,447.The Nifty closed with a gain of 68 points at
8,239. The Nifty opened at 8,116 hitting a high of 8,244 and low of 8,107.35.
Stock market in India started off the week on a bright note despite Reserve
Bank of India Governor Raghuram Rajan saying no to a second term. Indices which
opened with a gap down, recovered all its losses and managed to close almost
near day's high. Indian Stock Market was open Gap Negative. Technically, Indian Stock
Market is still in positive trend but RBI Governor, Raghuram Rajan’s
announcement on getting retired in September 2016 would force market to see a
sharp downfall.