KINDLY BOOK MORE PROFIT IN GLEN MARK BUY CALL , GLEN MARK FIRE HIT NEW
HIGH 642 NEAR OUR SECOND TARGET 645 BOUGHT AT 625.
To
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1. HDFC
HDFC seem to look
positive for the week. Stock closed with positive sentiments for the stock,
which was above 200 days and 50 days EMA. After sustaining above the
resistance of 1794, stock can show the levels of 1825 for coming days.
2. TCS
TCS traded positive for the week and further we can expect a
positive movement. Overall stocks traded positive for the week. Sustaining
above 50& 200 days EMA, After sustaining above 2580, 2680 and 2750 are
levels, which stock can show for coming week.
3. BAJFINANCE
On the daily chart we seen
Bearish Breakout & Crossover
in RSI . Bajaj Finace which indicates Negative momentum on Upcoming
sessions . we suggesting to Sell at Range 1845-1843 levels and targets
which stock can show for coming week On the hourly chart 1820-1800
with holding stop loss at above 1870
4. GLENMARK
On the daily chart we seen Bullish Doji
candlestick pattern which indicates bullish momentum mode on the daily chart.
We suggesting to Buy at Range 625-630 levels
and targets which stock can show for coming week On the
hourly chart 650-660 with holding stop loss
at below 615
Missed
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Outlook Of Nifty/bank nifty today
Nifty:
Nifty
Outlook:
Late
recovery helped the NSE Nifty close moderately higher on Friday despite
uncertainty over UK elections results that indicated a possibility of hung
parliament. However, the BSE Sensex failed to continue its four weeks gains
as investors preferred a bit of profit booking. The 30-share BSE Sensex was
up 48.70 points at 31,262.06 and the 50-share NSE Nifty gained 21 points at
9,668.25, backed by HDFC Group and auto stocks. However, the selling in
technology stocks and ITC capped gains.
Bank Nifty:
Bank
Nifty Outlook:
Nifty
Bank ended at fresh record closing high again, up 0.66 percent due to HDFC
Bank (up 1.3 percent) and ICICI Bank (up 0.75 percent).
HDFC
extended gains, up 0.66 percent despite a media report suggested that
merger of HDFC Standard Life Insurance and Max Life failed to get approval
from insurance regulator. Max Financial, the promoter of Max Life, lost 3.4
percent.
Technical Outlook
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