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Tuesday, August 18, 2015

Nifty & Stock Update 18 Aug 2015




Once again.. we rocked in yesterday's trading session. Minted money or not???


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  Have a look on it!!



Nifty future... not able to breach its resistance level of 8561 and crashed vertically. Below 8489.. our target was 8468---8443 and then to 8418. It made a low of 8411 but unable to sustain and bounced back again and finally settled at 8485 while we have seen Zigzag move in Bank Nifty

Our buy call in PNB... Sky rocketed and made a high of 180.65. Our target was 173--178+

Yesterday, we recommended buying in JSW Steel around 925---920. Too skyrocketed and made a high of 979.95

Our buy call in Amaraja Battery... Flared like anything and made a high of 1068. Holding long from 930 mark.

Yesterday... we recommended buying in AuroPharma around 770. Made a high of 788.20

CEAT Tyres... Made a fresh high of 1091.70

DLF... Not moving as per our expectation. Still same level. Above 136 will see further upside rally till 143---148+ mark



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 Monday, as losses in the Real estateCapital Goods and Oil and gas sectors led shares lower. The best performers of the session were Bank Of Baroda which rose 15.40% meanwhile Punjab National Bank added 4.24% and State Bank Of India was up 4.19% in late trade. The worst performers of the session were Cipla Ltd. which fell 4.93%. Hindalco declined 2.68% and Zee Entertainment Enterprises Ltd.  was down 2.55%.
  
Rising stocks outnumbered declining ones on the India National Stock Exchange by 723 to 712 and 10 ended unchanged; on the Bombay Stock Exchange, 391 fell and 363 advanced, while 1 ended unchanged. The India VIX, which measures the implied volatility of S&P CNX Nifty options, was up 2.76% to 16.4625.







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Nifty future... Above 8513, once again we will expect rally in Nifty future till 8538---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  

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Below 8445 again we will expect Nifty future to test its support level till 8418---8391 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  

 
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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


JSWSTEEL... Our buy call recommendation has proven great in yesterday's trading session. It gained more more than 8% and settled at 976

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Technically... Above 980 we will see further upside rally till 1023---1048+ mark in day to come. In panic will buy with revise stop loss of 930. 



 Our 2nd Pick....


Auropharma... We recommended buying around 770 mark. It made a high of 788 and now settled at 783. Almost up by 2.5%

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Above 783... we will see rally to remain continue till 798---1008 and then to 1030+ mark in days to come

In panic will buy.... Stop loss only to our subscribers





Investment Pick only for our subscribers.... More levels and updates during market hours