TECHNICAL ANALYSIS OF ZEEL 14 JAN 2016

LAST RECOMMENDATION GIVEN ON 12 JAN 2016:

WOCKPHARMA IS ON FIREEEEEEEEEEEEEE !!!!!!!!!!!!

IN BULLISH MOMENTUM :WOCKPHARMA HIT FINAL TGT 1645 MADE HIGH OF 1651.95
THEN BEARS COMES IN ACTION AND HIT FINAL TGT 1600 & MADE LOW OF 1536.15

LOT SIZE: 375

TOTAL INTRA DAY PROFIT: 23250 IN JUST TWO LOT

FUTURE TIP FOR 14 JAN 2016

FUTURE:

"BUY ZEEL  ABOVE 416 TGT 420/425 "

"SELL ZEEL BELOW 412 TGT 408/401 "

DAILY CHART FOR ZEEL:

MARKET SUMMARY OF 13 JAN 2016

After suffering for two consecutive trading sessions, the Indian equity market staged a smart comeback on Wednesday. Market participants ignored declining IIP and rising CPI. IIP fell to the lowest level in over 4-years, it contracted by 3.2% in November. On the other hand, CPI rose for 5^th consecutive month, it quickened to 5.61% in December, so a rate cut seems unlikely for now at the next RBI meet. The Sensex opened at 24,805, touched an intra-day high of 24,957 and low of 24,388. It finally ended with a gain of 172 points at 24,854.The Nifty opened at 7,558 hitting a high of 7,591 and low of 7,426, before ending with a gain of 52 points at 7,562.Today’s rally was led by the index heavyweight Reliance Industries; the stock hit a 19-month high. Among other stocks that lifted the Nifty higher were Infy, Tata Motors, Hindustan Unilever and HDFC.