ATTARCTIVE VALUABLE STOCKS NANDAN EXIM, CELESTIAL LABS & POCHIRAJU IND.
MARKET IS STABILIZING WILL TOUCH NIFTY 3,200 TO 3,600 AND SENSEX 10,000 TO 10,900 SOON BEFORE END OF THIS MONTH.
Technical Analyst, Prakash Gaba:
We said ‘The structure is indicative that the market may once again trade in sideways range with no clear signs of direction so far witnessed on the charts. Our upside target of 10324 still remains with strong resistance around 9635 levels zones’.
Technical Analyst, Vijay Bhambwani: The markets behaved along expectations put forth yesterday for a weekend session. The 2905 bullish pivot did not hold and laid the tone for a weak session. The benchmark indices closed with minor changes, even as the technology sector continued to be the nemesis of the bulls. The traded volumes were lower as compared to the previous session, which is a routine weekend phenomena. The market breadth was positive as the BSE & NSE combined advance decline ratio was 2366 : 1233. The capitalisation of the breadth on a commensurate basis was also positive as the figures were Rs 11935 Crs : Rs 3662 Crs.
Technical Analyst, Hitendra Vasudeo: Last week, the Sensex opened at 9276.89, attained a low during the week at 9095.70 and moved up to form a weekly high at 9746.01 before it closed the week at 9690.07 and thereby showed a net rise of 724 points on a week-to-week basis. The candle movement was also positive.
Nifty Future Chart
Buy PUNJLLOYD above 154 SL 149 Target 163-172
Buy BPCL above 345 SL 338 Target 352-361
Buy ITC above 174 SL 170 Target 178-183
Buy CHAMBALFERT above 40 Target 44-46
Always remember, put SL in your every trade.
Strictly follow Above and Below price, then follow strictly SL
Source - IndianMoneyplus.Com US markets ended a positive note. Europe ended mixed.
Asia has opened higher note. It has opened with a gap up of over 3%.
Now Asian markets are making new highs.
Expect India to have a gap up opening.
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