Once again... minted money in toneeeeeees. Only mantra to trade with levels only
Have a look on it!!
Our buy call in Auropharma... Sky rocketed and made a high of 799.90. Our initial target was 798. Above 800 will see further upside rally till 808---813+ mark
JSW Steel too skyrocketed and made a high of 1014. We recommended fresh buying above 980 mark. Above 1015... we will see rally till 1028---1035+ mark
Revise stop loss of 954
CEAT Tyres... Made a fresh high of 1123
Still need trial... Need not to worry. Watch more and enjoy
Now what to expect today.... again could be a stock specific day
India stocks were lower after the close on Tuesday, as losses in the Metals, Health Care and Public sectors undertaking sectors led shares lower. The best performers of the session on the were BPCL which rose 3.62%, Ashok Leyland up by 5.87%. Meanwhile, Tata steel added 2.27% and TCS was up 2.09%. The worst performers of the session were GAIL which fell 4.43%, Coal India Limited declined 4.13% and NMDC was down 3.69%
GAIL, NMDC fell to 52-week lows falling 4.43% and 3.69% while Shares in Maruti rose to all time highs rising 2.03%. The India VIX, which measures the implied volatility of S&P CNX Nifty options, was down 0.62% to 16.3600.
Nifty
future... Now trading in a range and has support at 8418 and resistance at 8532. Either side break or close with volume will see one side movement. Above 8532, once again we will expect rally in Nifty future
till 8561 and then to 8598---8604 mark. More power will expect
only close above 8631. Three consecutive closes + weekly close above
8631 will see fire in Nifty future
Below 8473 again we will expect Nifty future to test its support level till 8443---8418 and then to 8360 mark. More and more weakness will see only close below 8360 mark.
What to do in Bank nifty today...
Bank Nifty future...Well above 18945 once again we will see upside rally in Bank Nifty future till 19046---19173. More and more power will expect above 19173. Two consecutive close above 19173 will see fire in Bank Nifty future till 19476---19653 else it could test its support level of 18698---18616
Bank
Nifty future.... Below 18600 we will see further downside panic in Bank
Nifty future till 18463---18346 and then to 18213 mark. More and More
panic will see only close below 18213 mark
Today's Pick
Yesterday.. we recommended BTST in CEAT Tyres around 1100. Settled at 1121
Our 2nd BTST in SRF from 1350. Settled at 1380
Castorl India... Yesterday we have seen sharp panic after three consecutive rise. It made a high of 494.60 and slipped to 478.20 and finally settled with a loss of 2.14% at 481.15
Technically... Below 478 we will see further panic till 471---466 mark in day to come. On rise sell it!!
Stop loss 496
Our 2nd Pick....
Tata Motors... Yesterday we have seen range bound trading though traded with negative bias. It made a high of 358.75 and a low of 348.10 and finally settled with a loss of 1.67% at 349.50
Still looks weak and could test its support level of 343. Once break and sustain +Close below 343 will see sharp downside panic in Tata motors till 335---328 mark in days to come else it could test its resistance level of 353---360 mark again
Further upside rally seen only close above 360 mark
On rise sell it!!.... Stop loss only to our subscribers
