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Monday, January 25, 2016

Update on Nifty and Equity Pick of the day 25 Jan 2016






As expected... We have seen sharp bounce back in Nifty future from lower levels and we will expect this rally to remain continue in today's trading session too.


We clearly indicated that Bank and Cement stocks will perform in Friday's trading session. Hope you all enjoyed rocket move in Banking stocks.


Our Buy call in Bank of Baroda proven great and made a high of 132.


We recommended buy call in Jubilant food too. Too skyrockted and made a high of 1219 mark. We recommended around 1190---1180 mark.


Now what to expect???






Nifty future still looks positive and could test 7450---7480. Three consecutive closes + weekly close above 7480 will see fire in Nifty future.




Any sharp panic will be buying opportunity in Nifty with positional stop loss of 7222. Fresh selling can initiate only close below 7222 mark.



Today's top pick




Buy Auropharma future.. above 810 will see rally till 832----838+ mark in days to come.

Buy in panic with stop loss of 780








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