Range bound trading continues in Nifty and
Bank Nifty… Yesterday we have seen negative bias trading but trend still looks
positive and in panic will buy
Our buy call in Arvind proven great and made a
high of 282.80. Our target was 279---283 mark
Our sell call in Tata steel and Sail too
proven great… Crashed vertically from upper levels
We are still holding long in VEDL, NMDC, ACC,
Apollo Tyre, Hindalco and other recommended stocks
Coal India and Star is our all time favorite
Hold all recommended stock…. Any reversal
seems will update via SMS
Still need trial… Need not to worry. Watch
More
India stocks were lower after the close on Tuesday, as
losses in the Metals, Capital Goods and Auto
sectors led shares lower. At the close Nifty lost 0.55%, while the Sensex declined 0.58%. The best performers of the
session on the Nifty were Tech Mahindra,
which rose 2.99% or 15.70 points to trade at 541.50 at the close. Meanwhile, HLL
added 1.25% or 9.90 points to end at 804.65 and ITC was up 1.20% or 3.75 points to 317.40 in late
trade. The worst performers of the session were Tata steel, which fell 5.23% or
12.65 points to trade at 229.15 at the close. Vedanta declined 4.54% or 4.60
points to end at 96.70 and Tata Motors was down 3.66% or 12.70 points to 334.10. Falling
stocks outnumbered advancing ones on the India National Stock Exchange by 922
to 497 and 15 ended unchanged; on the Bombay Stock Exchange, 498 fell and 251
advanced, while 2 ended unchanged. The India VIX,
which measures the implied volatility of S&P CNX Nifty options, was down
2.37% to 23.7425.
Now what to expect today....
Support intact at 7820---7760. Any reversal
seems will update via SMS
What to do in Bank nifty today...
Bank Nifty Future… Above 16756 will see further upside rally till 16863---16926 and then to 17056 mark
Three consecutive closes + weekly close above
16800 will see nonstop rally in till 17200—17350+ mark in days to come
Support at 16700. Any reversal seems will
update via SMS
Today's Pick
Britannia… Close at 3080 as of last trade.
Hurdle at 3100. Once cross and sustain above 3100 will see sharp upside rally
till 3160—3190+ mark in days to come
In panic will buy… Stop loss only to our subscriber
Our 2nd Pick
ITC… Took
U-turn and close at 317 as of last close. Above 315 we will see rally till 323---327+
mark in days to come
In panic will buy… Stop loss 312
Investment Pick only for our subscribers.... More
levels and updates during market hours
