The document summarizes the daily performance of the stock market and provides recommendations for stocks to buy. It notes that the Nifty ended higher on the day. It recommends buying Yes Bank above Rs. 458 and Reliance Industries above Rs. 795, with price targets and stop losses provided. The document also lists the performance of previous recommendations, with many hitting their targets.
2. HIGHLIGHTS
A
Highlights
Nifty traded higher and ended in green on Wednesday.
Nifty Future ended 63.60 points down at 5558.70
Dabur India future sell call hits 1st tg 142.50, low of
140.85 and Bajaj Auto future remained unexecuted.
Investors are advised to book profit in Dabur India
future and take position in fresh calls provided below.
Buy Yes bank above 458 for targets 461/464 sl 454
Buy Reliance Industries above 795 for targets 801/807
with sl 785.
Past Performance:
Hexaware hit 1st target.
HCL tech hit both targets
Infosys future hits 1st tg 2855
Bajaj Auto future hits 1st tg 1805.
Sesa Goa hit 1st tgt.
Union bank hit Both tgt.
JSW Steel future hits final tg 643, low 634.
Havells sell hit both targets.call
3. Buy Yes bank above 458.
Yes bank has made channel on 15 min charts.
Currently trading at 457.70.
Investor’s are advised to buy above 458, break out has
come.
Targets are 461/464 and SL at 454
This is an intra day day call as the pattern is forming on
15 min chart
UNION BANK OF INDIA – DOUBLE BOTTOM
BUY ABOVE 219 FOR TARGETS 221/223 SL 217
BUY ABOVE 250 FOR TARGETS OF 265/285 SL 235
4. Buy Reliance industries above 795.
Reliance industries is making Triple bottom on hourly
chart.
Currently trading at 793.60
Investors’ are advised to buy above 795 for targets
801/807, Breakout has come.
Targets are 801/807 and SL is to be followed 785.
TATA POWER– DOUBLE BOTTOM
BUY ABOVE 95.75 FOR TARGETS 96.75/97.50 SL 94
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