NIFTY ABOVE 4225 LOOKS GOOD ............. UNTIL IT SUSTAINS ...........
Nifty unable to cross resistance of 4260 yesterday, untill 4225 is sustained u can see nifty moving to 4260 & 4280 levels.
Stock specific looks good for trading.
Banking stocks as continuing their rallies in anticipation of ICICI bank FPO.
Continue with our previous positional calls.
Fresh trading calls are Dish Tv , Inox leisure, Fsl , Essdee ALuminium & many more.......
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GOOD DAY AHEAD , HAPPY INVESTING
MARKET COMMENTRY ( UPDATED IN LIVE MARKETS ) : - )
Nifty at 4265 unable to surpass 4280 lvls , one can see profit booking to come at these levels as it has shoot up from 4100 ot 4260 lvls. 4225 wil act as crucial supports. if close below 4225 then u can see again 4140 lvls. Nifty futures discount rising again from 3 points yesterday to 15 points today which indicates fresh shorts have been build up.
Taneja aerospace at 170 recomended at 160 lvls looks good still.
Use rallies to book profits but this does not mean to build up short positions
IPO updates :
Subscribe to ICICI bank issue.
Many mega ipo's lined up in coming months.
Divis lab tg of 6500 to one of my friend , exact hit & down ot 5950 nw.
Both Divis ( 6500 ) & educomp( 2300 ) looks good to short sell for min 10 % gains.
Post Closing :-)
Nifty unable to cross resistance of 4280 & closed at 4272 levels.
For BTST Rcom , Century Textiles.
Delivery based call of Essdee aluminium closes at 517 first recomended at 325 levels ( chk out previous posts )
We believe more or delivery based positional calls , less of Intra day & F & O.
Good day ahead , happy investing..............
