“BUY TCS
ABOVE 2375 TGT 2400/2450”
“SELL TCS
BELOW 2350 TGT 2320/2290”
FOR MORE
ROCKING CALLS FILL UP THE FORM GIVEN HERE>>>>>
Primary trend of the stock is bearish. It is expected to After
showing correction from the higher level, now stock is trading in short term
recovery phase, it is likely to continue the upside move in near term with the
crossing of the resistance level of 2375 as the stock is managing to sustain
above the level of 2375. One may get the targets of 2400,2450 in the stock with
the stop loss of 2350. charts, it is likely to show correction with the breach
of the support level of 2350, where one may initiate the short position in it
for the targets of 2320,2290 while stop loss can be placed at 2390.
Sensex fall for thied straight day; Nifty below 8,700 us jobs data eyed
Sensex ended today’s trading with a loss of 45 points at 28,061. It
opened at 28,129, touched an intra-day high of 28,156 and low of 27,965.The
Nifty closed with a loss of 12 points at 8,698. It opened at 8,722, hit an
intra-day high of 8,724 and low of 8,664. Indian market declined for a
third consecutive session today. The domestic market started off on a positive note but
then slipped into the red. It then remained in the negative zone throughout
most of today’s session and closed with a marginal loss. Technically, For now, Market looks to enter into negative zone, so traders
can go short for now. The downfall would be step but would not last long. Nifty
Closed below 8700 it will a worry for Indian Stock Market. A strong break (close)below
8700 will increase the downside pressure and drag it to 8500,8400. Traders can
go short on a break below 8700 with a stop-loss at 8820 for the target of 8500.On
the other hand, a decisive break above 8820 will ease the downside pressure and
take the index futures higher to 8900 and 8950 .
TOP GAINERS: Tata
Steel, Tata Motors DVR, Zee, Bajaj Auto, Tata Motors, Tata Power
TOP LOSERS: Bharti Infratel, Asian
Paints, Eicher Motors, HDFC, Infosys and Cipla
