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No... We are providing recommendation purely based on technical and news covered. We don't believe in operator calls. Stop loss is god for this market. If you prepare your own rules and trading strategy then only you will earn from this market. Feel free to ask any query related to market. We are here to support you and your satisfaction is important for us. Watch unlimited calls and levels daily
Now about Market
Yesterday… we have clearly indicated that be
cautious in Nifty at lower levels as we expect bounce in Nifty. Above 7632… our
target was 7668---7693 and then to 7730. It flared like anything and hit 7752
mark. Not only this… Bank Nifty too flared and hit 16490 mark. We recommended
buying above 16056 mark
Our STBT call in Reliance Capital had proven
great and made a low of 304. We recommended selling around 321
Dish TV… Crashed vertically and made a low of
95.40 but unable to sustain and bounced back. Our target was 96—94.50
Our buying recommendation in JSWSTEEL has proven
great and made a high of 955. We recommended buying around 915—910. Still looks
positive and we will expect rally to remain continue
Our sell call in JSWENERGY… Stop loss
triggered. We exited from that stock
Hope you all enjoyed….
Still need trail.. Need not to worry. Watch More
India equities were higher at the close on Tuesday, as gains
in the Banking, Power
and Capital Goods sectors propelled shares
higher. At the close in NSE, the Nifty gained
1.71%, while the Sensex index climbed 1.70%. The
biggest gainers of the session on the Nifty
were Yes
Bank which rose 7.09% or 46.15 points to trade at 696.85 at the
close. GAIL added 6.94% or 19.15 points to end at 295.25 and TATA STEEL was up
5.98% or 12.90 points to 228.75 in late trade. Biggest losers included Hindustan
Unilever, which lost 2.29% or 18.75 points to trade at 801.10 in late trade. Cairn
India declined 1.93% or 2.85 points to end at 144.50 and BPCL
shed 1.08% or 8.95 points to 821.25. Advancing stocks outnumbered falling ones
by 833 to 579 and 13 ended unchanged; on the Bombay Stock Exchange, 459 rose
and 289 declined on the India National Stock Exchange. The India VIX, which measures the implied volatility of
S&P CNX Nifty options, was down 6.76% to 24.5675.
Yesterday… We clearly indicated that market will take
U-Turn. Now for short to medium term rally remain continue. After good rise we
may expect slightly sluggish move in Nifty and Bank Nifty as all eyed on FOMC
meet which is scheduled on 17th September 2015
Now what to expect today....
Well today above 7730 once again we will
expect Nifty future to test 7768---7793 and then to 7830 mark. Three
consecutive closes + weekly close above 7730 will see nonstop rally in Nifty
future till 8100+ mark in days to come
Recent low will be the stop loss for Nifty
i.e. 7550
7550 act as recent support in Nifty… If it
breach and sustain then we will expect further panic till 7480---7430 and then
to 7350. Chances are unlikely to breach 7350 in short to medium turn as it
already retraced 38.2% on that point of level and we want reversal from here onward
Our positional stop loss 7130 for the upside
target of 9460 till March 2016
What to do in Bank nifty today...
Well today above 16430 once again we will expect future to test its resistance level 16536---16613 and then to 16730 mark. Three consecutive closes + weekly close above 16318 will see nonstop rally in Nifty future till 17600+ mark in days to come
Recent low will be the stop loss for Bank
Nifty i.e. 15800
Today's Pick
Still looks positive and in panic will buy… Intraday target looks 980---1005+ mark
Positional traders can buy and accumulate in
panic. More will update to our subscriber
Our 2nd Pick
BHEL… Yesterday’s low is very crucial. We
recommended buying in BHEL around 209. It made a high of 213.35 and settled at
211 as of last trade
Above 213.50.. we will see further upside
rally till 218---221+ mark
In panic will buy…. Stop loss below yesterday’s
low
Investment Pick only for our subscribers.... More
levels and updates during market hours