GOOD MORNING!!!
INDICIES YET AGAIN EXTENDED THEIR GAINS TO HIT FRESH HIGHS IN LATE TRADE AS EUROPEAN STOCKS AND US INDEX FUTURES SURGED IN THE MID AFTERNOON. NIFTY HAS BREACHED THE 29 MONTH HIGH MARK REALITY WAS THE TOP PERFORMER OF THE DAY, REALITY TOOK OFF IN THE MARKETS ON SPECULATION THAT GOVERNMENT WILL ANNOUNCE A HIKE IN FOREIGN DIRECT INVESTMENT IN REAL ESTATE SECTOR. WE HAVE WITNESSED HIGH VOLATALITY IN THE MARKETS MARKETS SLIPPED INTO RED AND RECOVERED FROM IN THE LATER PART OF THE DAY HITTING FRESH HIGHS OF THE YEAR.
TODAY, MARKETS WOULD TRADE POSITIVE,. IF NIFTY TRADES ABOVE 5420 THEN LIKELY TO MAKE AN UPMOVE TO 5454 LEVELS AND RESIST AT HIGHER LEVELS ONCE IT BREACHES 5460 LEVELS THEN WOULD TAKE NIFTY TO 5660 LEVELS IN A VERY SHORT TIME FRAME. ON THE NEGATIVE SIDE IF NIFTY TRADES BELOW 5400 THEN LIKELY TO COME DOWN TO 5360 LEVELS AND BREAK BELOW THIS WOULD DRAG NIFTY TO 5340 LEVELS.
BUY IDFC SL 188 TGT 192/194/197
BUY IBREALEST SL 172 TGT 174/177/179.9
BUY JETAIRWAYS SL 634 TGT 653/674/685
BUY AMARAJABAT SL 192 TGT 197/201/204.8
BUY BASF SL 457 TGT 477/491/511
BUY PFC SL 314 TGT 319/323/329
INDICIES YET AGAIN EXTENDED THEIR GAINS TO HIT FRESH HIGHS IN LATE TRADE AS EUROPEAN STOCKS AND US INDEX FUTURES SURGED IN THE MID AFTERNOON. NIFTY HAS BREACHED THE 29 MONTH HIGH MARK REALITY WAS THE TOP PERFORMER OF THE DAY, REALITY TOOK OFF IN THE MARKETS ON SPECULATION THAT GOVERNMENT WILL ANNOUNCE A HIKE IN FOREIGN DIRECT INVESTMENT IN REAL ESTATE SECTOR. WE HAVE WITNESSED HIGH VOLATALITY IN THE MARKETS MARKETS SLIPPED INTO RED AND RECOVERED FROM IN THE LATER PART OF THE DAY HITTING FRESH HIGHS OF THE YEAR.
TODAY, MARKETS WOULD TRADE POSITIVE,. IF NIFTY TRADES ABOVE 5420 THEN LIKELY TO MAKE AN UPMOVE TO 5454 LEVELS AND RESIST AT HIGHER LEVELS ONCE IT BREACHES 5460 LEVELS THEN WOULD TAKE NIFTY TO 5660 LEVELS IN A VERY SHORT TIME FRAME. ON THE NEGATIVE SIDE IF NIFTY TRADES BELOW 5400 THEN LIKELY TO COME DOWN TO 5360 LEVELS AND BREAK BELOW THIS WOULD DRAG NIFTY TO 5340 LEVELS.
BUY IDFC SL 188 TGT 192/194/197
BUY IBREALEST SL 172 TGT 174/177/179.9
BUY JETAIRWAYS SL 634 TGT 653/674/685
BUY AMARAJABAT SL 192 TGT 197/201/204.8
BUY BASF SL 457 TGT 477/491/511
BUY PFC SL 314 TGT 319/323/329
POSITIONAL TRADES
BUY KFA TGT 70
BUY SINTEX TGT 350/400
BUY CORE PROJECTS TGT 310
BUY CORE PROJECTS TGT 310
