LAST DAILY RECOMMENDATION:
IN
BULLISH MOMENTUM: JUSTDIAL HIT TGT 675 MADE HIGH OF 682.45
LOT
SIZE: 500
DAILY
TOTAL PROFIT: 15000 IN JUST TWO LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN
HERE >>>>>>>>>>>>>>>
DAILY CHART FOR ACC:
FUTURE:
“BUY ACC
ABOVE 1561 TGT 1575/1595”
“SELL ACC
BELOW 1540 TGT 1520/1500”
ACC is a buying
opportunity, but it is a swing trade. Do not overstay your welcome because the
Nifty itself is giving us may be 100-150 points which by itself is not much on
the upside. So, ACC is a buy, but it is a short-term buy." I have a
sell call on ACC . It has reflected near-term weakness by giving a
downward key reversal on daily chart. The mechanical indicators on the intraday
charts are supporting the move, have signalled a sell indicating the stock
intention to depreciate further from here. One can sell ACC at its closing of
around Rs 1,532 with a stoploss of Rs 1,540 and a target of Rs 1,516.The Sensex ended with a gain of 47 points
at 26,714. The Sensex opened at 26,668 touched an intra-day high of 26,857 and low of 26,672.The Nifty closed with a gain of 19 points at 8,180. The Nifty opened at 8,179 hit a high of 8,215 and low of 8,171. The gross domestic product (GDP) number for January-March quarter was robust however it failed to build the momentum. India’s GDP grew 7.9% in the January-March quarter of 2015-16, taking the overall economic growth to a five-year high of 7.6% for the entire fiscal.Technically, Nifty in its daily chart has formed a Doji candlestick pattern. Important support is at 8150 and a move below this level trader should book profit from the existing long position. In such scenario trader is also advise to re-enter into the market again around 8000. Especially at the present technical setup of the market which is extremely bullish. After a strong vertical move in last couple of trading session a consolidation or a short term correction is actually healthy for long term trend to strengthen".
at 26,714. The Sensex opened at 26,668 touched an intra-day high of 26,857 and low of 26,672.The Nifty closed with a gain of 19 points at 8,180. The Nifty opened at 8,179 hit a high of 8,215 and low of 8,171. The gross domestic product (GDP) number for January-March quarter was robust however it failed to build the momentum. India’s GDP grew 7.9% in the January-March quarter of 2015-16, taking the overall economic growth to a five-year high of 7.6% for the entire fiscal.Technically, Nifty in its daily chart has formed a Doji candlestick pattern. Important support is at 8150 and a move below this level trader should book profit from the existing long position. In such scenario trader is also advise to re-enter into the market again around 8000. Especially at the present technical setup of the market which is extremely bullish. After a strong vertical move in last couple of trading session a consolidation or a short term correction is actually healthy for long term trend to strengthen".
TOP GAINERS: Adani Ports, Asian Paints, Bharti Airtel, TCS, ITC, M&M, HUL and
Axis Bank
TOP LOSERS: Tata Motors, ICICI Bank, HDFC Bank, Sun Pharma, Coal India, Bajaj-Auto
and SBI
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