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Wednesday, April 13, 2016

Update on Nifty, Bank Nifty and Equity Pick of the day 13 April 2016





Sensex and Nifty remained strong yesterday on hopes of good monsoon. There are 95% chance of normal-excess rainfall IMD stated.


Yesterday  Nifty future gained 38 points, sustaining above 7700 it closed at 7708 , while Bank Nifty  remained strong as well adding 61.70 points closing at 15880.  Auto sector and Healthcare sector were the top gainers yesterday.


We helped our subscribers minting more and more money again.

We booked full profit in our buy call of  Dishman Pharma at 348. We recommended buying above 343.

We asked to buy Nifty future around 7640—7620 and booked profit at 7725--7740. Clearly followed our blog levels.

Not only this... we minted money in Tata elexi, Reliance Capital, Jet Airways, BPCL, Wockhard Pharma and in many more stocks


Hope you all are following our levels and minting money.

If not then start following !!




What next for today??




Nifty futures has support at 7660---7600 and nearest resistance at 7740. A break above 7740 will take to 7790---7850 mark. More and more power will see only close above 7850 mark else it could test its support level of 7660 and then to 7600---7560 again.



7530---7430 act as major crucial support area.





Bank Nifty on the other hand has nearest support at 15660 and the next at 15480. A break below 15660 it can test its next support of 15480.



Else a break and sustain above its resistance of 16100, it can test its next resistance of 16360 too in days to come if it breach 16100 mark.

Traders can trade safely with levels only.... More will update during market hours





Today's Top Pick





Zee Entertainment (Cash)... Looks positive on charts and could test 412---418+ mark in days to come. Traders can buy and accumulate in panic around 400---398 with stop loss below 390 on closing basis.









More will be update soon during market hours!! Just follow us and mint money from market.