Wednesday, 25 April 2018

Market Monthly Closing and Roll Over of Trading Position

Market has closed above the support at 10560 which is above its comfortable zone.
Also volatility index is also at extreme  low level and past exp has shown stock in such condition start behaving in positive banner.
So looking for range bond series for tomorrow in between 10500-10700

ITC/Larson/Reliance given breakout and may extend further 5%-8%

Short covering seen in  Reliance, Zeel, Cipla, Arvind, United Breweries, UPL, Ultratech, Ramcocem, shreecement for the month.

Technology stock still looks strong with very low possibility of short covering.
Tata Elaxi likely to perform for higher level.


All above analysis on bases of  Demand and Supply Zone on technical view and personal position point of view.

Please verify at your verify at your end, Not been consider as recommendation.

1 comment:

  1. ALL STOCK REVIEW ON BASES OF TECHNICAL AND WITH PERSONAL, NOT BE TAKEN AS RECOMMENDATION. PLEASE GET THE SAME VERIFIED WITH YOUR ADVISOR!

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