If you have perfect levels then only you can
earn money from this market. Yesterday.. Nifty crashed and made a low of 7690.
Our downside support was 7660. It unable to breached its support and bounced
back sharply.
Not only in this, had we minted money in Bank
Nifty too. It made a low of 16188. Our downside support and target was 16180.
It unable to breached its support level of 16180 and bounced back sharply again
Our buy call in Tata Motors had proven great
and made a high of 256.50. We recommended buying around 248 mark. Still holding
long
Our buy call in CEAT too proven great and made
a high of 1218. We recommended buying around 1170---1160.
Our buy call in SRTRANSFIN, Apollo Tyre, ACC,
8kmiles too are moving towards north direction
Hold all recommended stock
Still need trial… Need not to worry. Watch
More
India stocks were higher after the close on Wednesday,
as gains in the Metals, Auto and Real Estate
sectors led shares higher.
India stocks were lower after the close on Thursday,
as losses in the Consumer Durables, Technology and Metals
sectors led shares lower. At the close in NSE, the Nifty
fell 0.39%, while the Sensex lost 0.38%. The
best performers of the session on the Nifty
were Tata Power, which rose 2.96% or 1.75 points to trade at 60.95 at the
close. Meanwhile, Tata Motors added 2.67% or 9.20 points to end at 354.10 and BPCL
was up 2.37% or 19.45 points to 839.70 in late trade. The worst performers of
the session were NMDC which fell 2.93% or 3.05 points to trade at 101.15 at the
close. HCL Technologies declined 2.89% or 27.30 points to
end at 915.90 and Hindalco was down 2.67% or 2.10 points to 76.50. Falling stocks
outnumbered advancing ones on the India National Stock Exchange by 871 to 539
and 9 ended unchanged; on the Bombay Stock Exchange, 449 fell and 302 advanced,
while 1 ended unchanged. The India VIX, which
measures the implied volatility of S&P CNX Nifty options, was up 1.83% to
24.7450.
Now what to expect today....
Well today… Nifty future will face same hurdle
of 7880---7930. Three consecutive closes + weekly close above 7930 will see
fire in Nifty future else it could test its support level of 7750---7710 and
then to 7660 mark again
Further panic will see only close below 7660
level only
Above 7930…… Target intact???
Well we will not expect any major move in
Nifty as all eye on FOMC meet which is scheduled on late 17th September
2015 but volatility remain continue
What to do in Bank nifty today...
Well today… Bank Nifty future too will face hurdle of 16850. Three consecutive closes + weekly close above 16850 will see fire in Bank Nifty future else it could test its support level of 16530---16450 and then to 16180 mark again
Further panic will see only close below 16180
level only
Above 16850…. Target intact???
More will update to our subscriber
Today's Pick
Cairn India… Looks positive and could
test 154---157. Weekly close above 157 will see fire in Cairn India
Above 157… Target intact 168---173+ mark in
days to come
In panic will buy… Support and stop loss at
138
Our 2nd Pick
Shri Ram Transport finance… Told to buy around
860 mark. It made a high of 883
Above 860… Need not to worry at all. We will
see rally to remain continue till 908---913+ mark in days to come
Support intact at 830
Investment Pick only for our subscribers.... More
levels and updates during market hours
