NIFTY-LOOKS LIKE NEW RALLY ON THE WAY
MONTHLY– POSITIVE FOR 10500
WEEKLY – AFTER MAKING FOUR BOTTOMS INDEX FINALLY GAVE SOME BULLISH MOVEMENT CHANGING TRADERS SENTIMENTS FROM CAUTION TO BULLISH AGAIN.
IN THE ABOVE CHART WE CAN SEE INDEX TO TOUCH 10200 WITH STOPLOSS OF 9900.
DAILY- IN DAILY CHART INDEX GAVE DOUBLE TOP BREAKOUT FOR TARGET OF 10130 AFTER GIVING GAP UP AND SUSTAINING ALL DAY ABOVE IT WHICH IS VERY CRUCIAL FOR BULLISH MOVEMENT.
IN THE ABIVE CHART WE HAVE EXPLAINED EVRYTHING NOW ALL WE NEED CLOSE ABOVE 10000 SPOT WHICH IS PSYCHOLOICAL FIGURE CLOSE ABOVE 10000 SPOT CAN GIVE VERY SHARP RISE IN INDEX FOR 10130/10200/10250/10500.
STRATEGY – BUY WITH STOPLOSS OF 9890 FOR 10130/10200.
MONTHLY-POSITIVE FOR 26000.
WEEKLY-LIKE NIFTY BANK NIFTY TOO HAS MADE FOUR BOTTOMS AND NOW RISING UP FOR 25000.
DAILY-IN DAILY BANK NIFTY HAS CLSOED ABOVE 20DMA AND ANY CLSOE ABOVE 24520 CAN GIVE SHARP MOVE TOWARDS 25000.
STRATEGY- BUY WITH STOPLOSS OF 24200 FOR 25000.
|ASHOKLEY||113||140||107||CLOSING BASIS HEDGE WITH PUT CLOSE ABOVE 115 IS ALL WE NEED|
|AURO PHARMA||762||795/1000||720||CLOSING BASIS HEDGE WITH PUT “C&h” IN WEEKLY|
|JINDAL STEEL||142||160/200||130||HEDGE WITH TWO PUTS|
|TATA STEEL||654||720||640||CLOSING BASIS HEDGE|
|UJJIVAN||364||420||338||CLOSING BASIS HEDGE|
|BAJAJ FINANCE||1806||1900||1760||CLOSING BASIS HEDGE WITH PUT|
|IDFC||58||64||56||CLOSING BASIS HEDGE|
|TATA MOTORS||392||384||420||CLOSING BASIS|
NOTE: ALL PRICE ARE IN FUTURE don’t TAKE POSITION WITHOUT HEDGING
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