CLOSING BELL: NIFTY CLOSED AT 7704.25 WHICH WAS 99.90 POINTS (1.31%) UP

ADVANCING 40 SCRIP MADE NIFTY 50 WAY VERY CLEAR TO RUN WITH BULL & WHEN THIS BULL GOT MOMENTUM TODAT IT JUST HIT THE CENTURY ALMOST.

WHAT RESONNS MADE NIFTY 50 ALMOST 100 POINTS UP?

REAL ESTATE, CONSUMER GOODS & CAPITAL GOODS SECTORS LED NIFTY TO 1.31% UP. INCLUDING AMBUJA CEMENT +4.41% ULTRACEMCO +3.71% BOSCHLTD +3.44% HINDUNILIVR +3.38% & SBIN +3.01% PERMOFMED REALLY FANTASTIC AND GAVE THE ENERGY TO THE BULL WHILE ASIAN PAINTS -2.26% LUPIN -1.43% BHEL -1.32% & GAIL -.49% TRIED TO PULL THE LEGS OF NIFTY 50 BUT SINCE ANOTHER SIDE 40 SCRIPS WERE ADVANCING SO THE BULL WAS STRONGER ON THE BEER.

WHCH STOCKS SHOULD BE TRADED TOMORROW?

AFTER THIS KIND OG MOMENTUM TODAY BEFORE HOLI & FINANCIAL YEAR ENDING MARKET IS GETTING EXCITED AND THE BULL WILL ALWAYS TRY TO LET NIFTY GO TOWARDS 7900 LEVE AS WE DISCUSSED IN OUR PREVIOUS BLOG ALSO.
TOMORROW SBIN, TATAMOTORS, JETAIRWAYS, LUPIN, HDFCBANK & L&T WOULD BE THE STOCKS TO KEEP WATCH & TRADE CAREFULLY.
SOME ABNK STOCKS LIKE SBIN, IDBI & ICICI ARE REALLY SHOWING FANTASTIC CHART AND SEEMS TO GIVE SOME LONG TERM TARGETS. SO IF YOU TRADE POSITIONAL YOU CAN HAVE THESE SCRIPS AS WELL AS SOME MORE IN YOU PORTFOLIO TO INCREASE YOUR PORTFOLIO’S SIZE.

WILL NIFTY TOUCH 7900 LEVEL IN MARCH CONTRACT?

AS THE MARKET IS GETTING EXCITED & NIFTY IS SHOWING UPWARD MOVEMENT AFTER THE 4 ZIG ZAG WAVES NIFTY 50 IS STRONGLY SHOWING CLUES TO MEET 7990 LEVEL BUT IF YOU ARE TAKING ANY POSITON BE CAREFULL & TAKE THE POSITION WITH PROPER STOPLOSS OR HAVE THE POSITION WITH KEEPING SOME STRATEGY IN CALL & PUT IN OPTION CONTRACT.

WILL BANK NIFTY TOUCH 16000 IN MARCH CONTRACT?

BANK NIFTY IS SHOWING IT FANTASTIC MOVEMENT. OUR PREVIOUS CALL HAS COMPLETED IT TARGET OF 15800. NOW BANK NIFTY IS MOVING AHEAD TO TOUCH 16200; AS PER IT MOVEMENT IN THE CHARTS IT IS SHOWING AN UPWARD MOVEMENT, YES WHILE TRADING WE SHOULD BE CAREFUL BECAUSE IT MAY TAKE SOME CORRECTION TOWARDS 15500 BECAUSE OF MAJOR SUPPORT OVER THERE.

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