MARKET MOVEMENT
NIKHIL BHATT – 099 793 80808
PERIOD – 29.06.2015
TO 03.07.2015
NIFTY
FO RANGE @ 8230 TO 8509 POINT IN SHORT TERM…!!!
Dear Friends,
NIFTY FO CLOSED @ 8380 AS ON 26.06.2015..!! NIFTY
FO has resistance at 8408 – 8418 Level; above which other resistance
levels are at 8440 – 8470 Level
with highly Volatile Trend, In Downside support levels
are at 8330 – 8308 Level;
below 8308 Level, other support levels are at 8260 – 8230 Levels. I am positive for next week
above 8470 Level but be
with the trend. Let the market decide further moves. As we are saying from many
days Buying is suggested in falls only...and it’s still a better strategy in
the given Scenario...!!! Regarding long term positions, it is preferable to
remain cautious now...!!
If NIFTY crosses 8470 Level, again then the upper side target is
quite high and it may touch 8509 Level in short term...!!!
GOLDEN STOCKS FOR THE PERIOD: 29.06.2015 TO 03.07.2015
GOLDEN STOCKS FOR THE PERIOD: 29.06.2015 TO 03.07.2015
1. ACC ( 1421) : It is suggested to buy @ Rs 1414 with SL of Rs 1408 for the target of Rs 1447 – 1460; below Rs 1408 it can fall up to RS 1390 – 1376 levels. If it crosses Rs 1460 level than expect nonstop rally up to Rs 1473...!!
2. JSW STEEL ( 884 ) : Operator based Game start in this
stock, Buy @ Rs
878 With SL of Rs 868 for the target of Rs 903 - 919 level below Rs 868 it
can show further downfall up to Rs 844…!!!
3. PTC
( 69 ) : Buy delivery of this stock near @ Rs
66
with SL of Rs 62 for the target of Rs 74 – 80 level. It is very good for medium term position also…!!!
4. BERGER PAINTS ( 195 ): This stock is looking
very good to buy @ Rs 186 with SL of Rs 181 for the target of Rs 206 – 213 Levels below Rs 181 is stock shall witness free fall…!!!
5. TATA MOTORS ( 438 ) : Buy @ Rs 426 levels considering minor support of Rs 419 and stop loss of Rs 409 for an upper target of Rs 461 – 474 levels. Below Rs 409 it can slip up to RS 396 – 390 levels…!!!
6. RAYMOND ( 461 ) : Operator
based buying has been there in this stock. Buy @ Rs 444 with SL of Rs 419
for the target of Rs 479 – 484 levels it is very good for long
term position also…!!!
7. TATA CHEMICAL ( 414 ) : Trading point of view BUY @ Rs 404 With
SL of Rs 396 for
the target of Rs
433 – 440 level below Rs 396 It can
show further downfall up to Rs 386 …..!!!
8.
R COM ( 61 )
: Buy delivery of this stock near @ Rs 56 with SL Rs 52 for the target of Rs 66 – 73 level.
It’s very good for long term position also…!!!
9. AMTEK AUTO ( 157 ) : For medium term buying is
suggested @ Rs
151 with SL Rs 144 for the target of Rs 164 – 173 level. Below Rs 144 it
can show further downfall…!!!
10.
SUN PHARMA ( 868 ) : It is suggested to SELL with SL Rs 888 for the target of Rs 844 – 830 below
@ Rs 830 it
can slip up to Rs
818 – 809 level. Above Rs 893 level will take the stock to Rs 909 – 919..!!!
