Recommended to our subscriber
at 50-50.50 for Target = 52-54
First target already done.
Traders may even enter at this level.
Daily + weekly closing happens then see rally up to 58-60.
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ZEE ENTERTAINMENT ENT LTD(ZEEL)
(APRIL Future)
ZEEL (Sell) 224-225 and 226
Targets 216-212 and 208
Suppose to trade 227 above for 5min…then exit…
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Banknifty Spot
No worry for bulls above 12426 for short term trend.
Support at 12480-12439.
Break below 12407 see slide up to 12247.
L&T Finance
Broken out consolidation
Buyers may enter above 78.50-79.25
target = 83-85
Exit below 77.70 for intraday
I will update further information for premium subscribers soon.
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FINTECH (May Stock Future)
Grab this stock if you can… 798-802
Targets will be 825-828 and 836-845 very soon
(Note: Not necessary to maintain stop loss…just go for long in positional trade)
ADANIENT (May Stock Future)
Keep Eye on this stock for today’s trading secession… Short Sell as much as on upper level – 218/220-222
Short Term Targets 209-204 very soon…
Maybe, Next few of the secession, you will see targets…
Your STOPLOSS 223
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“BEARS ARE CORNERED. THE REVERSAL COULD BE POSTPONED”
If the investor behavior is to buy with bad news, having the knowledge that Bankers are supporting the equity market every time there is a threat of a potential top, how can bears culminate a reversal pattern?
But…
Last two Trading Secessions, We are enjoying selling at 5838-5844 and Profit booking 5800 around…,
See update of 22 April 2013 : Lower Top Trend Line at 5840-5851
Let’s move to the Nifty Future charts.Today, The next resistance is located at the 5886-5909, if crossover 5855 as mentioned in chart. Click on chart to zoom…
Maybe if in the next few days, Nifty future break 5800 and trade below it…then it will be short term downtrend…
SGX Nifty trading much higher…
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Selling Opportunity at 163-166 zone.
The role of trend line has changed.
Once supporting uptrend now resisting upside at 166-168.
Momentum indicators like RSI in O/B region.
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