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Tuesday, October 6, 2015

Update on Nifty, Bank Nifty and Stock Specific 06 Oct 2015





As expected we have seen mind blowing rally in Nifty and Bank Nifty.



Our buy call in Nifty and Bank Nifty proven great. We recommended buying in Nifty future above 8050. It skyrocketed and made a high of 8140 as of last trade.



Bank Nifty too skyrocketed and hit 17740 mark. We recommended fresh buying above 17600 mark.





Not this only...


Our buy call in TCS.... Adani port... Tata motors... Jindal steel proven great. Still these reccommended stock looks positive.




Still thinking to join... no worry watch more




Now what to expect today...




Nifty future has support at 8080---8035 and resistance at 8155. Avove 8155 will see further upside rally till 8180--8205 and then to 8255 mark.



Two consecutive closes above 8050 will see nonstop rally till 8180---8255 and then to 8350+ mark in days to come


Traders holding long in Nifty can book part profit at opening bell and revise stop loss below 8035.





Now what about Bank Nifty...



Bank Nifty future has support at 17580---- 17440 and resistance at 17765. Avove 17765 will see further upside rally till 17890--17985 and then to 18135 mark.



Two consecutive closes above 17600 will see nonstop rally till 18200---18500 and then to 19300+ mark in days to come 



Traders holding long in Bank Nifty can book part profit at opening bell and revise stop loss below 17440.






Today's top pick!!




Jindal steel. Told to buy around 65. It skyrocketed and made a high of 70. Above 70.50 will see further upside rally till 74---75.50+ mark

Stop loss and further levels only for our subscriber





2nd pick




Oriental bank.. Looks superb on charts. Above 139 will see rally till 143---147+ mark in days to come.


Support and stop loss 135








More will be update soon!!