GOOD MORNING!!!
GLOBAL JITTERS DIDN’T IMPACT MUCH TO THE INDIAN MARKETS AT THE END OF THE DAY INDICES HAVE MANAGED TO END THE DAY WITH MARGINAL LOSSES. INITIALLY THE MARKETS SLID BASED ON GLOBAL MARKETS BUT HAVE MANAGED TO REBOUND IN THE BOURSES WHICH WAS LED BY TECHNOLOGY, SOFTWARE AND HEALTHCARE STOCKS WHILE METAL STOCKS TOPPED THE LOSERS LIST FOR THE THIRD DAY IN A ROW. SHARES REPRESENTING REALITY, CAPITAL GOODS AND OIL & GAS SECTORS WERE THE OTHER PROMINENT LOSERS IN TRADE.
TODAY MARKETS LOOK TO BE VOLATILE IN THE INITIAL PHASE THOUGH MARKET MAY OPEN SLIGHTLY NEGATIVE TO FLAT. IF NIFTY MANAGES TO TRADES BELOW 5098 THEN LIKELY TO SLIDE DOWN TO 5060 LEVELS AND BREAK BELOW 5050 LEVELS WOULD TAKE NIFTY TO 4950 LEVELS AND ON THE POSITIVE SIDE IF NIFTY TRADES ABOVE 5140 THEN LIKELY TO MOVE UP TO 5170 AND BREAK ABOVE THIS POINT WOULD TAKE NIFTY TO 5200 LEVELS AND ANY CLOSE ABOVE THIS POINT WOULD MAKE NIFTY TO GO MUCH HIGHER ZONES. TODAY MARKET WOULD BE VERY VOLATILE AND RANGE BOUND, SO STAY CAUTIOUS AND TRADE. WHATEVER TRADE ONE IS TAKING EITHER LONG OR SHORT WOULD BE PROFITABLE BUT MAKE SURE YOU FOLLOW THE LEVELS SPECIFIED AS STOPLOSS LIKE IF NIFTY TRADES AT 5110 THEN GO LONG WITH STOPLOSS AS 5098 AND IF NIFTY TRADES AT 5130 LEVEL GO SHORT WITH 5140 IS STOPLOSS.
GLOBAL JITTERS DIDN’T IMPACT MUCH TO THE INDIAN MARKETS AT THE END OF THE DAY INDICES HAVE MANAGED TO END THE DAY WITH MARGINAL LOSSES. INITIALLY THE MARKETS SLID BASED ON GLOBAL MARKETS BUT HAVE MANAGED TO REBOUND IN THE BOURSES WHICH WAS LED BY TECHNOLOGY, SOFTWARE AND HEALTHCARE STOCKS WHILE METAL STOCKS TOPPED THE LOSERS LIST FOR THE THIRD DAY IN A ROW. SHARES REPRESENTING REALITY, CAPITAL GOODS AND OIL & GAS SECTORS WERE THE OTHER PROMINENT LOSERS IN TRADE.
TODAY MARKETS LOOK TO BE VOLATILE IN THE INITIAL PHASE THOUGH MARKET MAY OPEN SLIGHTLY NEGATIVE TO FLAT. IF NIFTY MANAGES TO TRADES BELOW 5098 THEN LIKELY TO SLIDE DOWN TO 5060 LEVELS AND BREAK BELOW 5050 LEVELS WOULD TAKE NIFTY TO 4950 LEVELS AND ON THE POSITIVE SIDE IF NIFTY TRADES ABOVE 5140 THEN LIKELY TO MOVE UP TO 5170 AND BREAK ABOVE THIS POINT WOULD TAKE NIFTY TO 5200 LEVELS AND ANY CLOSE ABOVE THIS POINT WOULD MAKE NIFTY TO GO MUCH HIGHER ZONES. TODAY MARKET WOULD BE VERY VOLATILE AND RANGE BOUND, SO STAY CAUTIOUS AND TRADE. WHATEVER TRADE ONE IS TAKING EITHER LONG OR SHORT WOULD BE PROFITABLE BUT MAKE SURE YOU FOLLOW THE LEVELS SPECIFIED AS STOPLOSS LIKE IF NIFTY TRADES AT 5110 THEN GO LONG WITH STOPLOSS AS 5098 AND IF NIFTY TRADES AT 5130 LEVEL GO SHORT WITH 5140 IS STOPLOSS.
NOTE: ONE CAN GO LONG AGAIN IF STOPLOSS IS HIT AND GOING UP AGAIN.
BUY SESAGOA SL 394 TGT 410/414/418
BUY SAIL SL 211 TGT 216/219/225
POSITIONAL TRADES
BUY BANK RAJASTHAN CMP 89.55 TGT 112/125
BUY UNITED PHOSPHORUS CMP 170.45 TGT 200/215
BUY BAJAJ FINSE CMP 399.15 TGT 550
BUY UFLEX LIMITED CMP 114.05 TGT 135/150
BUY EICHER MOTORS CMP 815.85 TGT 1000
BUY BLUE DART EXPRESS CMP 902.20 TGT 1050/1287/1550
BUY JB CHEMICALS CMP 93.05 TGT 140
BUY INDIABULLS FINANCIAL SERVICES CMP 154.65 TGT 210/240
BUY GHCL CMP 50.55 TGT 58/70
BUY PIRAMAL HEALTHCARE LIMITED CMP 555.6 TGT 700
BUY DIC INDIA LIMITED CMP 289.30 TGT 333/440
NOTE: THE ABOVE SCRIPS CAN BE BOUGHT AT ANY TIME IN THE MARKET EVEN BELOW THEIR CURRENT MARKET PRICES (CMP)
BUY SESAGOA SL 394 TGT 410/414/418
BUY SAIL SL 211 TGT 216/219/225
POSITIONAL TRADES
BUY BANK RAJASTHAN CMP 89.55 TGT 112/125
BUY UNITED PHOSPHORUS CMP 170.45 TGT 200/215
BUY BAJAJ FINSE CMP 399.15 TGT 550
BUY UFLEX LIMITED CMP 114.05 TGT 135/150
BUY EICHER MOTORS CMP 815.85 TGT 1000
BUY BLUE DART EXPRESS CMP 902.20 TGT 1050/1287/1550
BUY JB CHEMICALS CMP 93.05 TGT 140
BUY INDIABULLS FINANCIAL SERVICES CMP 154.65 TGT 210/240
BUY GHCL CMP 50.55 TGT 58/70
BUY PIRAMAL HEALTHCARE LIMITED CMP 555.6 TGT 700
BUY DIC INDIA LIMITED CMP 289.30 TGT 333/440
NOTE: THE ABOVE SCRIPS CAN BE BOUGHT AT ANY TIME IN THE MARKET EVEN BELOW THEIR CURRENT MARKET PRICES (CMP)
