HIGHLIGHTSA Highlights Nifty showed slightly bullish trend on Friday. Nifty Future ended 24.85 points up at 5955.15 Ambuja buy call we recommended did not executed. Yes bank buy call triggered SL in market fluctuation. Investors’ are advised to exit from these calls and take position in the fresh calls provided below. Sell Bombay Dyeing below 131.65 for targets 129/126 Buy Voltas above 106 for targets 107/108.50 Past Performance: Auro Pharma buy call hit 1st target. JSW Steel buy call hit both targets. Allahabad bank sell call hit both targets. Voltas hit both targets Adani Enterprise hit target. Lupin almost hit 2nd target. Bata India hit both targets Havells sell call hit both targets.
BOMBAY DYEING – SYMMETRICAL TRIANGLE SELL BELOW 131.65 FOR TARGETS 129/126 SL 134 BUY ABOVE 250 FOR TARGETS OF 265/285 SL 235 Sell Bombay Dyeing below 131.65 Bombay Dyeing is making symmetrical triangle on 15 minutes chart Currently trading above cost at 133.15 Break out will come will below 132 and investors’ are advised to sell below 131.65 This is an intraday call and SL is recommended at 134
VOLTAS- DOUBLE BOTTOM BUY AB0VE 106 FOR TARGETS 107/108.50 SL 104.50 Buy Voltas above 106 for targets 107/108.50. Voltas is making double bottom on 30 minutes chart. Currently trading at 105.10 Breakout will come above 105.70 and investors’ are advised to buy above 106 Stop loss is recommended at 104.50 This is an intraday call as pattern is on 15 minutes chart
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