HIGHLIGHTSA Highlights Nifty mainly remained consolidated on Wednesday. Nifty Future up 16.80 at 5940.45 Havells India buy call made a high of 617.40 near to our 1st target and IRB Infra sell call did not executed Investors’ are advised to hold position in Havells India buy call and take position in the fresh call provided below. Sell Ambuja futures below 206.30 for targets 205/203 Buy Havells future above 613 for targets 620/630 Past Performance: Adani Enterprise hit target. Ambuja Cement sell call hit both targets. Auro Pharma sell call hit both targets on the same day of execution. Lupin almost hit 2nd target. Bata India hit both targets Havells sell call hit both targets. R Power hit target same day of execution
AMBUJA FUTURES – HEAD AND SHOULDERS SELL BELOW 206.30 FOR TARGETS 205/203 SL 208 BUY ABOVE 250 FOR TARGETS OF 265/285 SL 235 Sell Ambuja below 206.30 Ambuja is making Head and shoulder on hourly chart Currently trading at 208.80 Break out will come below 206.50and we expect rally to continue till 202 Investors’ are advised to take position below 206.30 Stop loss is recommended at 208
HAVELLS FUTURES- DOUBLE BOTTOM BUY ABOVE 613 FOR TARGETS 620/630 SL 605 Havells India buy call we recommended executed today and made a high of 617.40 Havells India was making Double bottom on daily chart We hope risk averse Investors’ must have booked part profit Currently trading at 610 Investors’ kindly hold the position with SL. Stop loss is recommended at 381
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