Flat opening today
It is going to be a flat opening today on the NIFTY today. Market is likely to go lower and reach value zone on the hourly charts. Our buy calls in MARUTI, AMBUJA CEM and RCOM have filled. There are few more stocks which have come to long trade entry signal today. BHARTI above 277.00, IDEA above 57.90, POWERGRID above 106.00 and TATAMOTORS above772.00.
Please go through the charts, satisfy yourself about the strength and weakness, know the risk and only then take a position.
BASIC MATERIAL is likely to be the weakest sector today. Bulk of the activity today is likely in the ENERGY and UTILITIES sectors. Many of the Oil industry stocks have already run up and still have momentum to reach further highs. Our buy calls in both BPCL and HINDPETRO have already gained 50 points each from their entry levels.
It is going to be a flat opening today on the NIFTY today. Market is likely to go lower and reach value zone on the hourly charts. Our buy calls in MARUTI, AMBUJA CEM and RCOM have filled. There are few more stocks which have come to long trade entry signal today. BHARTI above 277.00, IDEA above 57.90, POWERGRID above 106.00 and TATAMOTORS above772.00.
Please go through the charts, satisfy yourself about the strength and weakness, know the risk and only then take a position.
BASIC MATERIAL is likely to be the weakest sector today. Bulk of the activity today is likely in the ENERGY and UTILITIES sectors. Many of the Oil industry stocks have already run up and still have momentum to reach further highs. Our buy calls in both BPCL and HINDPETRO have already gained 50 points each from their entry levels.