“BUY YESBANK ABOVE 1165
TGT 1175/1190”
“SELL YESBANK BELOW 1152 TGT
1142/1130”
FOR MORE CALLS FILL
UP THE FORM GIVEN HERE>>>>>
Primary trend of
the stock is bearish and It is expected to continue the down trend with the
crossing of the support level of 1150, as the stock is sustaining below its 22&55
days moving averages. 1120 level act as a strong support on 200 EMA. One may
initiate the long position only above the (1165) mentioned level for the
targets of 1175/1190 and with the strict stop loss of 1150.
Nifty LOST 41 POINTS ;breaches 8100 mark
The Sensex lost 133 points or 0.5% at the day's low
of 26,241 in mid-afternoon trade, its lowest level since 7 December 2016. It
rose 60.86 points or 0.23% at the day's high of 26,435 in early trade. The
Nifty lost 41 points or 0.51% at the day's low of 8,062 in mid-afternoon trade, its lowest level since
5 December 2016. It rose 19.75 points or 0.24% at the day's high of 8,124 in
early trade. The Nifty breached the 8100 mark while the Sensex too
traded in the negative zone for the fifth straight session as investors shied
away from taking any big bets on rising geopolitical concerns dragging key
benchmarks to their two-week lows. Nifty closed on a negative note at
8108 level .
Technically
So today on upside first intra resistance is at 8129-34
level. Next resistance
are at 8150-54 ,8216-20,8250-55 On downside first support is at 8079-75
level. Next support are at 8058-54,8018-13,7974-69,7932-27. On downside be
alert below 8075 and avoid all longs below that level as selling may intensify
below thatlevel.
TOP GAINERS: TCS, Ambuja Cement, ACC, ZEEL, ITC, NTPC, Infy and
Wipro
TOP LOSERS: Idea, Aurobindo Pharma, Bosch, Yes Bank and Bank of
Baroda
ReplyDeleteThis is good for all traders and reliable for new investors. In time gold market has very fluctuated compare to silver. It fully depends on the economic condition of the market and its movements.
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