Buy CMC on declines or buy around 1195 T1 1225 T2 1275 SL 1170
Achived all the Tgts High of The Day ( HOD) 1420
Buy Omaxe abv 544 T1 554 T2 562. SL 541
Achived all the Tgts High of The Day ( HOD)569.90
Buy GAIL @ 500 T1 515 T2 525 Sl 490
Achived all the Tgts High of The Day ( HOD) 529
We should rally to 5870 - 5900 levels and in all probability expect heavy profit booking .
The Chart pattern confirms negative divergence on the Nifty, though the indicators do not confirm a Intermediate sell mode.
We need a close above 6010 on the Nifty or any day to confirm bullishness .
We need a close below 5600 this weekend to confirm the bearish target of 5250 - 5300.
We are closed tomorrow and settlement on thursday. Volatility to be at its peak.
Trade the levels and in small lots if you must.
Steel prices increasing every yearbut ISPAT from past 2 yrs...... its not moving according to prices.... its just a operator game on result basis.... but when this quarter result comes then see the rally.....
With just three days to go for the expiry of the December contracts in the derivative segment, volatility is expected to rule high. The large build-up in the open interest will exert downward pressure on stock prices. Liquidity too is far from robust; FIIs pulled out close to $1 billion in cash segment in the week gone by.
IFCI stock was beaten after the board's decision not to go ahead with the stake sale.
The price fell sharply giving pains to many who were bullish on the counter , we thanks to our team for our pointed target of 120 rs and booked accordingly. From here on we suggest our readers to book the stock as of now and one can again buy at lower .but as of now the stock is in negative bias..
IT is looking good for the coming month and we may see if the rally comes that may be major support by the IT , The front liners will definitely react but the flavor could be mid cap.. as renewed interest is in mid cap these days..
According to latest newz government requested NTPC, BHEL, SAIL, ONGC, IOC, BPCL, HPCL and Gail to issue bonus shares, as their reserves and surplus have increased to several times their paid-up capital.
SEBI finally opened up short selling to all though the start date is yet to be decided. Valuations will come into picture once short selling is allowed.
Buy CMC on declines or buy around 1195 T1 1225 T2 1275 SL 1170
Buy Omaxe abv 544 T1 554 T2 562. SL 541
Buy GAIL @ 500 T1 515 T2 525 Sl 490
