AFTER THREE DAYS OF FALL MARKET PAUSED AROUND 5400 AND CONSOLIDATED IN A NARROW RANGE 5450-5400 AND CLOSED IN GREEN. SENSEX GAINED 55 POINTS TO CLOSE AT 18141 AND NIFTY AT 5428, UP 7 POINTS.
ANALYSTS BELIEVE THAT IF NIFTY MANAGES TO CLOSE ABOVE 5400 FOR TWO OR MORE TRADING SESSIONS THEN THERE COULD BE SHORT COVERING RALLY TO 5450-5480-5520. HENCE THERE COULD BE BUYING OPPORTUNITY IN NIFTY OPTIONS.
SPECULATORS AND RISK TRADERS COULD BUY NIFTY CALL: CE5400 & CE5500 FOR 2-3 DAYS CORRECTIVE RALLY AND KEEP 5380 AS A DEEP STOP LOSS.
BUY FOLLOWING SHARES FOR SHORT TERM GAINS:
ORCHID CHEMICALS COULD MOVE TO 330++ IN A SHORT TERM. BUY IN DELIVERY ONLY.
TIMKEN COULD MOVE TO 230++++.
CAMLIN IS A VERY GOOD BUY FOR THE TARGET OF 85++++ VERY SOON.
INGERSOLL RAND IS A DE-LISTING CANDIDATE WHICH COULD RUN TO 600++ ANY TIME BY NEXT FEW MONTHS.
Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.
Disclaimer:
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.
ANALYSTS BELIEVE THAT IF NIFTY MANAGES TO CLOSE ABOVE 5400 FOR TWO OR MORE TRADING SESSIONS THEN THERE COULD BE SHORT COVERING RALLY TO 5450-5480-5520. HENCE THERE COULD BE BUYING OPPORTUNITY IN NIFTY OPTIONS.
SPECULATORS AND RISK TRADERS COULD BUY NIFTY CALL: CE5400 & CE5500 FOR 2-3 DAYS CORRECTIVE RALLY AND KEEP 5380 AS A DEEP STOP LOSS.
BUY FOLLOWING SHARES FOR SHORT TERM GAINS:
ORCHID CHEMICALS COULD MOVE TO 330++ IN A SHORT TERM. BUY IN DELIVERY ONLY.
TIMKEN COULD MOVE TO 230++++.
CAMLIN IS A VERY GOOD BUY FOR THE TARGET OF 85++++ VERY SOON.
INGERSOLL RAND IS A DE-LISTING CANDIDATE WHICH COULD RUN TO 600++ ANY TIME BY NEXT FEW MONTHS.
Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.
Disclaimer:
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.
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