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Thursday, January 7, 2016

Update on Nifty and Equity Pick of the day 07 Jan 2016





Yesterday... our sell call in Nifty proven great and made a low of 7730.30. Our downside target was 7770---7730. We recommended selling below 7880 mark.


Our top pick... Majesco hit 780. Reliance industries made a fresh high of 1038


Our yesterday's buy call in Capital first too proven great and made a high of 337 mark

Still need trial... Need not to worry. Watch more.



Now what to expect???





Nifty Future close below 7730... once again we will see panic in Nifty future till 7680---7650 mark else it could test its resistance level of 7770---7800 and then to 7840 mark again.



Fresh buying can initiate only close above 7840 mark.


We clearly indicated that panic of 1-2-3 days is pending. Now we have to watch today's trend carefully.




Today's top pick





Sell BHEL future below 165 with stop loss 169. Target looks 161----158.









More will be update soon during market hours only on our Android App.