The Nifty ended near its 50-day EMA. The EMA levels acted as a hurdle zone during the start of December. Follow-up action needs to be closely watched out as sustenance above 17,300 is essential to gain further positive traction. Any throwback below 17,300 could lead Nifty to consolidate to digest recent gains.
Bank Nifty continued its overall under-performance, down for the consecutive month. On Friday, Bank Nifty filled its downward gap at 35,535 which it formed on December 20. Mixed a ..
1} Godrej Consumer Product
| Buy | Near Rs 960
Stop loss: Rs 938
Target: Rs 1,005
2}
Buy
Stop loss: Rs 172
Target: Rs 191
With sustained move above important averages, the stock has again gained positive traction.
Welspun Corp
near Rs 178Stop loss: Rs 172
Target: Rs 191
With sustained move above important averages, the stock has again gained positive traction.
Sustenance is likely to
lift the stock to Rs 195-200 zone.
3}
Buy L&T Finance Holdings near Rs 78
Stop loss: Rs 75
Target: Rs 85
Monday’s bullish candle with a large lower shadow ensures an immediate floor near Rs 75 for the ..
Stop loss: Rs 75
Target: Rs 85
Monday’s bullish candle with a large lower shadow ensures an immediate floor near Rs 75 for the ..
0 Comments