Targets For 28-January-2015
Nifty Calls:
Further Intraday Stock Updates(Calls) will be given tomorrow during the market hours.
Current Level: 8910
Buy: Resistance @ 8925
Buy Nifty above 8925, with a target of 8940-50-65, StopLoss: 8900
Sell: Support @ 8890
Buy Nifty above 8925, with a target of 8940-50-65, StopLoss: 8900
Sell: Support @ 8890
Sell Nifty below 8890, with a target of 8875-65-50, StopLoss: 8925
Stock Calls
Sell Dr Reddy Below 3195
Current Market Price: 3210
Target: 3183-70-60
Stop Loss: 3210
(Note: When a stock or nifty crosses above or below the given levels, make sure that the successive candle also follows the same trend)
Buy SBI Above 332
Current Market Price: 330
Target: 333.5-35-37
Stop Loss: 330
(Note: When a stock or nifty crosses above or below the given levels, make sure that the successive candle also follows the same trend)
Further Intraday Stock Updates(Calls) will be given tomorrow during the market hours.
Hi Sir,
ReplyDeleteToday I have entered Wipro @605 in Jan futures ... Please tell me the target (spot) for tomorrow ?
Hello Sir,
DeleteIf you have entered the position following the call given on this blog then it would have been better if you had exited it after it hit the stop loss.
Wipro has strong support around 595-590, hence with present bullish momentum I won't expect it to break below 590. It can retest 603. But the level to watch out is 590 below this it can crash down to 585-83 or on the higher side above 605 it can test 615
Wipro will definitely reach 615-20 in near term, but since there is no time to hold your position you will need to make sure you reduce your loss
Regards