Thursday, October 30, 2014

30-10-14 DAY PERFORMANCE: Are you experienced Hero or Zero Trades?

NIFTY PERFORMANCE:
Many people use to say that; in Stock Market Nifty is the Hero, no individual can command it.   Yes it is correct.   Today one more time it has proved.  By expecting this kind of movement only, from last couple days we are cautioning about Hero or Zero value trades.    But after many days, today market has beaten our expectations also and hitted All Time High.   As we expected Nifty started flat, but it could not stop at 8120/8130 level and beaten its Trend Resistance Level of 8180.  Bank Nifty bounced back from its lows (16,561.35 - 16,776.35) and closed with 126 pts gain.   Major weighted stocks like Reliance came in to the risk of Nifty to hit All Time High.

STOCKS PERFORMANCE:
INDSINDBANK: SELL < 695 TRG 687/681 SL 701 (HIT THE SL)
                              ACTUAL: LOW:  687.60 HIGH: 714

APOLLOTRYES: SELL < 218 TRG 215/212 SL 220
                               ACTUAL: LOW: 215 HIGH 218.60

SUBROS: BUY > 71 TRG 75.50 SL 66.50
                 ACTUAL: LOW: 72.50 HIGH: 76.30

SADBHAVENG: BUY > 219 TRG 224/232 SL 216
                           ACTUAL: LOW:223 HIGH 233.70

Let us hope for good experience from Next Series.   We wish you all the Best.

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