WEEKLY TECHNICAL ANALYSIS OF RELINFRA

LAST WEELY RECOMMENDATION:

IN BEARISH MOMENTUM: LUPIN HIT  TGT 1400  MADE LOW OF 1404.10

LOT SIZE: 300

WEEKLY TOTAL PROFIT: 27540 IN JUST TWO LOT

LAST DAILY RECOMMENDATION:

IN BULLISH MOMENTUM: MARUTI HIT  TGT 4225  MADE HIGH OF 4216

IN BEARISH MOMENTUM: MARUTI HIT  TGT 4120  MADE LOW OF 4120.1

LOT SIZE: 125

WEEKLY TOTAL PROFIT: 11500 IN JUST TWO LOT

FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>

DAILY CHART FOR RELINFRA:

FUTURE:

“BUY RELINFRA ABOVE 560 TGT 570/585”

“SELL RELINFRA BELOW 540 TGT 525/505”

Sensex ended with a loss of 128 points at 26,636. The Sensex opened at 26,723 touched an intra-day high of 26,972 and low of 26,621.The Nifty closed with a loss of 31 points at 8,172. The Nifty opened at 8,180 hitting a high of 8,266 and low of 8,163. "Markets exhibited a burst of volatility intraday on Friday, the indices rallied to the 8,300 levels after opening flat for the day, this upmove sharply reversed to take the markets lower for the day all the way to the 8,180 levels. This volatility is bound to cause a lot of churn wiping out a lot of the weak hands from the market. Global cues were largely weak Friday with the European indices selling off sharply intraday. Technically

the markets still look to be in a overall uptrend and weathering the short term volatility could prove prudent. We continue to hold a bullish outlook on the markets and would recommend adding allocation to equities at this juncture."

TOP GAINERS: BHEL, Lupin, Bharti Airtel, Adani Ports, M&M and NTPC

TOP LOSERS: Tata Steel, Tata Motors, Coal India and Asian Paints