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Thursday, 8 June 2017

STOCK FUTURE TRADING TIP FOR 09 JUNE 2017


RECOMMENDATION UPDATE: given on 06-june-2017

JUBLFOOD almost hit tgt 965 made low of 964.9
toatal profit 13900


BUY WOCKPHARMA AT 650 TGT 665 SL 620

FOR LIVE MARKET CALLS FILL UP THE FORM GIVEN HERE>>>>>

Wockpharma is looking weak on charts however it is accumulating above its major support level 600 and recently has given breakout of its previous major resistance level 640, now it has next resistance at the level of 650; it is likely to experience fresh buying with the crossing of mentioned level, where one may keep the targets of 665,700 in the stock with the stop loss of 620. Overall trend of the stock is bullish and after experiencing correction from the higher level. as it is managing to sustain ABOVE  its 22& 55 days moving averages with the RSI of 43. it is likely to show correction with the breach of the support level of 520, where one may initiate the short position in it for the targets of 500,480 while stop loss can be placed at 650.200 EMA seen as a strong resistance level at 760.
DAILY CHART FOR WOCKPHARMA

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