GOOD MORNING.
DEAR FRIENDS,
OPPORTUNITY
SMALL CORRECTIONS DOES NOT MEAN ENTRY INTO BEAR PHASE, BUT, CAN BE AN OPPORTUNITY TO BUY INTO STOCKS AT ATTRACTIVE LEVELS.
TODAY, SENSEX WILL FIND RESISTANCE AT 15590 & 15655 IN EXTREME SHORT TERM. DOWNSIDE SUPPORTS ARE PLACED AT 15495 & 15435.
TRADING SUPPORT IS PLACED AT 15450 & SHORT TERM INVESTMENT SUPPORT IS PLACED AT 15285. WE STRONGLY RECOMMEND BUYING AT GIVEN SUPPORT LEVELS.
CORRECTION OF CONCERN WILL BE BELOW THE BAND OF 15000 & 14800.
BONGAINGAON REF IS ON THE VERGE OF STRONG BULLISH BREAKOUT IF MOVES ABOVE 57. WE RECOMMEND BUYING AT CURRENT LEVELS & AT DECLINES UPTO 50 WITH STOPLOSS PLACED AT 49 FOR TARGETS OF 63, 79 & 95 IN EXTREME SHORT TERM TO MEDIUM TERM.
M & M IS PREPARING FOR AN UPMOVE. BUT WAIT FOR IT TO START TRADING ABOVE 850 FOR A QUICK TARGET OF 875. BUY ON DECLINES UPTO 820 WITH STOPLOSS AT 816.
MARUTI UDYOG IS ALSO SHOWING BULLISH TENDENCIES ON THE CHART ABOVE 850 FOR TARGET OF 880. ACCUMULATION ON DECLINES UPTO 790 WITH STOPLOSS PLACED AT 782 IS ALSO RECOMMENDED.
TAKE CARE!!
BEST REGARDS,
NS FIDAI
DISCLAIMER:
[The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. Author will not be held responsible for any losses, financial or otherwise, incurred.]
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1 comment:
I must complimet you for remarkable technical analysis and hope to bring see more Indians benefitting with Free Indian Stock market tips as it will help them to make more money.
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