LAST WEEKLY RECOMMENDATION:
VOLTAS IS ON FIREEEEEEEEE …!!!!!!!!!!!!
IN BULLISH MOMENTUM: HIT TGT 320 MADE HIGH OF 328.90
LOT SIZE: 1600
WEEKLY TOTAL PROFIT: 60480 IN JUST TWO LOT
LAST DAILY RECOMMENDATION:
RELCAPITAL HIT FINAL TGT 395 MADE LOW OF 392.10 SELL AT
400
LOT SIZE: 1500
DAILY TOTAL PROFIT: 23700 IN JUST TWO LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN
HERE >>>>>>>>>>>>>>>
DAILY CHART FOR VOLTAS & RELCAPITAL:
“BUY AXISBANK
ABOVE 495 TGT 505/520”
“SELL
AXISBANK BELOW 482 TGT 478/470”
Axis Bank, are appropriate for
buying. Even for short term as well as for a larger positional trade. For
the last six months, Axis Bank is trading in a range of Rs 380 and Rs
480. last week the stock has given a breakout from this range and we are seeing
fresh long positions getting built up. Axis Bank is showing quite
a bit of strength. So, from that perspective, I assume that the stock would not
fall below Rs 484. So, even if it were to open gap down and if it does not
violate Rs 484 or even if it violates and quickly recovers to levels above Rs
484, it is still a buy and I would put a stop below Rs 480 and targets would
remain at Rs 494 to about Rs 505. So, that is how you play Axis Bank.
It is not
a sell in any reckoning from a technical point of view." Primary
trend of the stock is bullish and is consolidating at the higher level after
showing correction. It is expected to continue the bull run with the crossing
of the resistance level of 495, as the stock is sustaining above its 200 and 50
days moving averages. One may initiate the long position above the mentioned
level for the targets of 505 and with the strict stop loss of 520.
TOP GAINERS: Asian Paints, Idea Cellular, Bharti Infratel, HCL Tech, Power Grid, Tata
Motors and Zee Ent
TOP LOSERS: Hindalco, Eicher Motors, Adani
Ports, Tata Steel, HUL, UltraTech Cement and HDFC
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