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Tuesday, November 24, 2015

Update on Nifty, Bank Nifty and Equity Picks of the day 24 Nov 2015




Yesterday we have seen range bound trading in Nifty though traded with negative bias. Some stock traded positively while some are in red territory.



Yesterday.. Our buy call in Auro pharma proven great and hit 851 mark


Too told to buy Tata elexi around 1780---1770. Too flared and made a high of 1874 mark. We booked part profit around 1850.



Still need trial... Need not to worry at all. Watch more!!






Nifty future formed double bottom pattern on daily chart. Above 7880...  Catch it. We will see rocking move in Nifty future. Any sharp panic will be buying opportunity in Nifty. Positional stop loss below 7690.



Close above 7924 will take to 7988---8030. 8100 act as major hurdle for bull riders


Traders can buy and accumulate Bank Nifty too with stop loss below recent low. We will expect mind blowing rally in it




Today's Top Pick





Lupin... Buy and accumulate in panic. Looks superb on daily chart. Double bottom pattern confirms the rally.



Buy around 1840---1820. Stop loss below 1760 on closing basis. Target looks 1900+






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