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Wednesday, November 18, 2015

Update on Nifty and Equity Picks of the day 18 Nov 2015






Yesterday... Nifty future made a high of 7880. Our target hit successfully.



Day before yesterday... we recommended buy call in Godfrey Philips around 1100. It flared like anything and hit 1315 mark. We booked full profit.





Now what to expect???




Nifty has support at 7790---7760 and resistance at 7880. Close above 7880 will see further upside rally till 7935--7960 and then to 8030 mark else it could test its support level of 7790---7760 again. Further panic seen only close below 7760 mark.




Today's Top Pick





ONGC... Catch it at opening bell. Above 229 will see tally till 237---241+mark in days to come.



Hold long ACC with same stop loss.





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