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Thursday, October 8, 2015

Update on Nifty, Bank Nifty and Stock Specific 08 Oct 2015





Enjoyed daily session or not???



We recommended buying in Nifty future above 8050. It skyrockted and made a high of 8204. Our initial target was 8180--8205.



Bank nifty too skyrocketed and hit 17860 mark after our buying recommendation. We recommended fresh buying above 17600 mark.




Not only this....


Our top pick... Tata motors... Oriental bank... Cairn India...Hindalco to our premium clients.. Energy stocks. All Skyrocketed.



Not Only this....


Coal india, Ceat, Adani port, ITC.... Asian Paints... Suven and other recommended stocks proven great. Still these recommended 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 8205. Avove 8205 will see further upside rally till 8255 and then to 8290---8350+ mark.


Else it could test its support level of 8080---8035 again


Already booked part profit... Fresh selling can initiate only close below 8030 mark




Now what about Bank Nifty....




Bank Nifty future has support at 17580---- 17440 and resistance at 17870. Avove 17870 will see further upside rally till 18985--18055 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


Fresh selling can initiate only close below 17480 mark





Today's top pick!!




Hindalco... up by almost 10% in yesterday trding session.

Still looks positive for this week and any sharp panic will be buying opportunity

Target intact 88---93+ mark in days to come.


Buying level and Stop loss only to our subscribers



2nd Pick 





SBI .. looks positive on charts. Once cross 244 will take to 249---253+ mark.

Support at 338---334







More will be update soon!!