- 26 Sep 1607:13 AMBUY BHARATFORG: The stock has made rounding bottom in weekly chart and surpassed its multiple hurdle of 920 zones after the consolidation of last one year.05:45 AMMarket closed weekly in positive territory. It’s still consolidating in narrow range. As written last week, we are in time wise consolidation particularly on main Indices (Nifty/Sensex/ Bank nifty) in short term.
- 23 Sep 1608:23 AMBUY BHARAT FORGE: The stock has made rounding bottom in weekly chart and surpassed its multiple hurdle of Rs 915 zones after the consolidation of last one year.08:08 AMNifty saw a breakout from the ongoing consolidation but ended the day with yet another ‘Doji’ formation. A breach below 8830 could distort the existing momentum & hence servers as a trail stop for longs.06:00 AMStop-loss long positions at 20,025. Stop-short positions at 20,275. Big moves could go till 19,850, 20,450. Uptrend may continue.
- 22 Sep 1607:59 AMBUY BHARATFORG: The stock has taken support at its previous support of Rs 844- Rs 845 levels and is holding the gains from last three sessions. It has been making higher top –higher bottom formation from last eight weeks.06:00 AMStop-loss long positions at 19,800. Stop-loss short positions at 20,020. Big moves could go till 19,550, 20,250. Fed policy is crucial to the trend.
- 21 Sep 1608:21 AMBUY TALWALKAR: The stock gave strong price volume breakout and surpassed the hurdle of Rs 272- Rs 274 levels. It has continuously rising higher and making higher highs – higher lows from last four trading sessions.
- 20 Sep 1608:24 AMNifty witnessed yet another narrow range formation post the ‘Doji’; indicating towards consolidation. The index has been trending within the ‘Channel pattern’ & encountering a time & price correction.08:15 AMBUY BHARAT FORGE: The stock has taken support at its previous support of Rs 844 levels and is making higher highs – higher lows from last four trading sessions.06:00 AMStop-loss long positions at 19,890. Stop-short positions at 20,100. Big moves could go till 19,650, 20,350. The Fed's stance could be crucial but as of now, trend looks up.
- 19 Sep 1608:45 AMBUY INFOSYS: The stock surpassed the hurdle of Rs 1060 levels and gave the highest daily close of last 21 trading sessions.08:34 AMNIFTYCLOSE- 8779.85 (16.09.16)Market halted positive momentum & closed weekly in negative territory at the end of weekly trading session. It made a high of around 8968 levels. It witnessed profit booking near from these levels as expected last week.12:30 AMThe price of Chilli in Guntur is currently trading at Rs 12,277 a quintal. The demand is weak and arrivals from Madhya Pradesh are expected to commence from October. The crop is in good condition and production is expected to be higher than last year's.
- 16 Sep 1608:04 AMBUY BHEL: The stock is holding onto its gains above its 50, 200 and 35 DMA. It snapped the loss made in previous two sessions and is now set to head towards Rs 153 and higher levels.06:00 AMStop-long positions at 19,845. Stop-short positions at 20,055. Big moves could go till 19,650, 20,275. Trend looks set for a bounce.
- 15 Sep 1608:18 AMBUY ARVIND: The stock took support at its 50 DMA near the previous support of Rs 305 levels. It is holding onto its gains above its 50, 200 and 35 DMA.06:00 AMStop-long positions at 8,720. Stop-short positions at 8,835. Big moves could go till 8,650, 8,900. Support at 8,650 key.
- 14 Sep 1608:39 AMNifty breaches immediate support level of 8820. Appearance of shooting star on weekly scale and breach of 8820 turns short term positive trend to Neutral.08:25 AMBUY HCL TECHNOLOGIES: The stock is turning from the support levels and looks attractive in terms of risk reward ratio. The up move was led after taking support around its 50 DMA and which may drive its positive price action for next coming sessions.