JAI SHRI KRISHNA
US MKT CLOSED POSITIVE
ASIAN MKT FOLLOWING THE PATH
INDIA MKT CLOSED AT CRUCIAL SUPPORT LEVELS.
BEARISH TREND BEING SEEN IN THE MARKET
SQUARING UP UR LONG FUTURE POSITIONS WOULD BE BETTER
JAI CORP......BSE CODE : 512237 (939.60)
BUY AROUND 939 TO 940 WITH SL OF 890 FOR A TARGET OF 975 , 983.
ULTIMATE TARGET : 1100+ ONMOBILE LTD..............BSE CODE : 532944 (534.25)
BUY AROUND 530 TO 535 WITH SL OF 503 FOR A TARGET OF 573 , 585. INDUSIND BANK : TARGET 125+ FERRO ALLOYS.....BSE CODE : 500141 (31.40)
BUY AROUND 31.50 TO 31.60 WITH SL OF 30.30 FOR 5% UPPER-FILTER.
ULTIMATE TARGET : 40+ VOLTAS FUT : BUY WITH STOP LOSS OF 204 . . . . . TARGET OF 213, 218 . . .CIPLA FUT :BUY WITH STOP LOSS OF 193 WITH TARGET OF 199.50, 204. . .
TITAN FUT : BUY WITH TARGET OF 1218, 1250. . . . . . .KEEP STOP LOSS OF 1168 . . . .
NIFTY KEY SUPPORT 5000-5025 IT MUST HOLD... OTHERWISE......? BLOOD BATH IN THE STREET UP TO 4860 - 4800.
STRONG OPENING TODAY, BUT HIGHER LEVEL AGAIN SELLING PRESSURE...... STRONG OPENING TODAY, BUT HIGHER LEVEL AGAIN SELLING PRESSURE......
NEXT WEEK MARKET ARE LIKELY TO VERY CHOPPY WITH CONSIDERING DOMESTIC EVENT OF UNION BUDGET AND EXPIRY OF NEAR MONTH CONTRACTS. ON THE OTHER HAND INDIAN MARKET WOULD CONTINUE TO FOLLOW GLOBAL MARKETS AS WAS WITNESSED IN LAST WEEK.
DO NOT REMAIN LONG FOR THE TIME BEING. NIFTY RESISITANCE IS AT 5150. WE WILL COME DOWN TO 4900-4800 IN COMING DAYS. SO PLEASE BEWARE. ONE CAN REMAIN SHORT ON A GOOD OPENING TODAY IF IT REALLY OPENS GOOD. : REVERSAL (NEGATIVE) IS SEEN. EXIT LONG POSITIONS AT RALLIES. SHORT-TERM UPWARD TARGET AT 5242-5244 ZONE. DO NOT HOLD SHORT POSITIONS AT ABOVE THIS ZONE.
SHORT-TERM SUPPORT AT 5032-5034 ZONE.
US MKT CLOSED POSITIVE
ASIAN MKT FOLLOWING THE PATH
INDIA MKT CLOSED AT CRUCIAL SUPPORT LEVELS.
BEARISH TREND BEING SEEN IN THE MARKET
SQUARING UP UR LONG FUTURE POSITIONS WOULD BE BETTER
JAI CORP......BSE CODE : 512237 (939.60)
BUY AROUND 939 TO 940 WITH SL OF 890 FOR A TARGET OF 975 , 983.
ULTIMATE TARGET : 1100+ ONMOBILE LTD..............BSE CODE : 532944 (534.25)
BUY AROUND 530 TO 535 WITH SL OF 503 FOR A TARGET OF 573 , 585. INDUSIND BANK : TARGET 125+ FERRO ALLOYS.....BSE CODE : 500141 (31.40)
BUY AROUND 31.50 TO 31.60 WITH SL OF 30.30 FOR 5% UPPER-FILTER.
ULTIMATE TARGET : 40+ VOLTAS FUT : BUY WITH STOP LOSS OF 204 . . . . . TARGET OF 213, 218 . . .CIPLA FUT :BUY WITH STOP LOSS OF 193 WITH TARGET OF 199.50, 204. . .
TITAN FUT : BUY WITH TARGET OF 1218, 1250. . . . . . .KEEP STOP LOSS OF 1168 . . . .
NIFTY KEY SUPPORT 5000-5025 IT MUST HOLD... OTHERWISE......? BLOOD BATH IN THE STREET UP TO 4860 - 4800.
STRONG OPENING TODAY, BUT HIGHER LEVEL AGAIN SELLING PRESSURE...... STRONG OPENING TODAY, BUT HIGHER LEVEL AGAIN SELLING PRESSURE......
NEXT WEEK MARKET ARE LIKELY TO VERY CHOPPY WITH CONSIDERING DOMESTIC EVENT OF UNION BUDGET AND EXPIRY OF NEAR MONTH CONTRACTS. ON THE OTHER HAND INDIAN MARKET WOULD CONTINUE TO FOLLOW GLOBAL MARKETS AS WAS WITNESSED IN LAST WEEK.
DO NOT REMAIN LONG FOR THE TIME BEING. NIFTY RESISITANCE IS AT 5150. WE WILL COME DOWN TO 4900-4800 IN COMING DAYS. SO PLEASE BEWARE. ONE CAN REMAIN SHORT ON A GOOD OPENING TODAY IF IT REALLY OPENS GOOD. : REVERSAL (NEGATIVE) IS SEEN. EXIT LONG POSITIONS AT RALLIES. SHORT-TERM UPWARD TARGET AT 5242-5244 ZONE. DO NOT HOLD SHORT POSITIONS AT ABOVE THIS ZONE.
SHORT-TERM SUPPORT AT 5032-5034 ZONE.