As expected... Nifty unable to breach its support level of
8090 and bounced back again sharply to 8205 mark. Positive momentum seen in Bank nifty too.
Our buy call in Tata motors proven great. We recommended
buying above 360. It flared like anything and hit 380 level.
SBI... made a high of 250. Still looks positive on charts.
Hold long and other recommended stocks too.
Still need trial... need not to worry at all. Watch more.
Nifty future has support at 8150----8090 and resistance at
8255. It looks positive and could test its resistance level of 8230---8255.
Three consecutive closes + weekly close above 8255 will see skyrockted till
8380---8450+ mark in days to come epse it could test its support level of
8150---8090 again.
Further panic seen only weekly close below 8090 mark. Weekly
close below 8090 will see panic till 8055---8020 and then to 7960 mark 7930 act as major support.
On the other hand.. Bank nifty has support at 17450----17280
and resistance at 17870. Traders can trade in a range with strict stop loss and
wait for confirmation
Be cautious in Nifty and Bank Nifty at lower levels... Any
sharp panic will be buying opportunity in it but trade with levels only.
Anything seems will update.
Top pick of the day!!
Godrej... Looks superb on charts. Accumulate buying in it.
Target looks 370+ in days to come. Soon it will test new
high.
Stop loss 345.
Our 2nd pick
Tata Motors
Yesterday we recommended buying in Tata motors around
362---360.
Now what to expect???
Above 383... once again we will see rally in Tata motors
till 391---396+ mark in days to come
Revise stop loss at cost to cost.
More investment calls and levels only to our subscriber
