Friday, May 27, 2016

WEEKLY TECHNICAL ANALYSIS OF SRTRANSFIN FOR 30 MAY

IN BULLISH MOMENTUM: VOLTAS HIT TGT  335 MADE HIGH OF 344.10 BUY AT 325
LOT SIZE: 1600
WEEKLY TOTAL PROFIT: 61120 IN JUST TWO LOT
IN BEARISH MOMENTUM: JUSTDIAL HIT TGT 630 MADE LOW OF 620.90 SELL AT  640
LOT SIZE: 500
DAILY TOTAL PROFIT: 19100 IN JUST TWO LOT
IN BULLISH MOMENTUM: BHATIARTL HIT TGT 358 MADE HIGH OF 357.85 SELL AT  353
LOT SIZE: 1200
TOTAL PROFIT: 40050 IN JUST TWO LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
DAILY CHART FOR VOLTAS & JUSTDIAL & BHARTIARTL:

 FUTURE :
“BUY SRTRANSFIN ABOVE 1205 TGT 1230/1260”
 “SELL SRTRANSFIN BELOW 1180 TGT 1160/1120
The stock is in bull run and is forming a reversal pattern in short term charts, it is likely to show correction with the breach of the support level of 1180, where one may initiate the short position in it for the targets of 1120, while stop loss can be placed at 1220.It may also After showing correction from the higher level, now stock is trading in short term recovery phase, it is likely to continue the upside move in near term with the crossing of the resistance level of 1205 as the stock is managing to sustain above the level of 1230. One may get the targets of 1260,1300 in the stock with the stop loss of 1275.
TOP GAINERS: SBI, BPCL, Sun Pharma, Bank of Baroda, Adani Ports, Ambuja Cement, RIL, Aurobindo Pharma and Bajaj-Auto 
TOP LOSERS: ONGC, Tata Power, Tech Mahindra, Axis Bank, Bharti Infratel, NTPC and Idea Cellular

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