As expected... Nifty future bounced back sharply from lower
levels. We clearly indicated that we will buy in panic as it is unlikely to
breach its Friday's low in near terms.
Our buy call in Just dial proven great. Yesterday hit 18% up
on going news of buy back 10.61 lac equity shares.
Our buy call in DRREDDY too proven great and hit 2990 mark.
We recommended buying above 2860 mark with stop loss of 2810.
Still need trial... need not to worry. Watch more!!
Now what to expect today?
Nifty future…. above 7130 we will see further upside rally
till 7190---7225 mark. More and more power will see only close above 7225 mark
else it could test its support level of 7070 and then to 7020---6970 mark
again.
We will expect Nifty future to trade in a range for next 2
trading sessions between 6870---7225.
We have to concentrate whether it breach 6870 or took
U-Turn. This week close is crucial for further direction.
Just trade in a range with levels only... Anything seems
will update during market hours.
Today's Top Pick
(Positional call...Don't ask for stop loss as it is not a
trading or technical call.)
Purely based on fundamental- Buy and accumulate Sugar
stocks.
We will see good move in next 18 months.
Buy Balrampur chini around 82---80 and accumulate in panic.
Medium term target looks 110+
More will be update soon during
market hours only on our Android App!!
