GOOD MORNING!!!
WE HAVE WITNESSED A GREAT RALLY YESTERDAY WHICH CLEARLY INDICATES THAT MARKET IS VERY BULLISH. ALL THE GLOBAL INDICES ARE SUPPORTING THE MARKETS ALONG WITH STRONG Q1 RESULTS IN AND ACCROSS THE GLOBE. METAL STOCKS WERE THE STAR PERFORMERS OF THE DAY LOGGING SMART GAINS AFTER LMEX, A GAUGE OF SIX METALS TRADED ON THE LONDON METAL EXCHANGE ROSE 1.72% ON WEDNESDAY.
TODAY MARKETS MAY SEE SOME RESISTANCE AT UPPER LEVEL ON PROFIT BOOKING BUT ONE MUST AVOID BUYING AT HIGHER LEVELS TILL NIFTY CROSSES 4600. IF NIFTY CLOSES ABOVE 4600 ONE CAN STRONGLY GO FOR BUYING AND ONE IS ADVISED NOT TO SHORT ANYTHING BELOW 4400. TODAY IF NIFTY CROSSESS AND TRADES ABOVE 4600 THEN NIFTY IS LIKELY TO SEE 4640 AND FACE GOOD RESISTANCE AT THIS PLACE AND IF NIFTY MANAGED TO ABOVE THIS LEVEL THEN IT WILL GO TO 4700 .
BUY ANDHRA CEMENTS SL 24 TGT 30
BUY DLF SL 369 TGT 377/384/392
BUY ACC SL 849TGT 870/877/883
BUY HTMEDIA SL 99 TGT 110/112
