SHREE GANESHAY NAMAAH !

Nifty closes above 5600 for 1st time since July 25, 2011

The Nifty closed nearly at seven-month high, reacting to the approval for Greek's second debt deal. However, global markets remained flat as they seemed have factored in the same news yesterday.

Oil & gas, telecom, banks and capital goods stocks supported the NSE benchmark to close above the 5600 level for the first time since July 25, 2011. It gained 42.85 points or 0.77% at 5,607.15. Meanwhile, the BSE benchmark Sensex rose 139.26 points or 0.76%, to end at 18,428.61. 

Stocks To Watch :

Cash Market : Positional Call Buy Tulip (532691) @ 111, With closing SL of 105, For tgt Of 114.50 / 117 / 121 / 126 / 129 For 1 Week ! 1st Tgt Hit, High Made 115.75 !

DELIVERY CALL ADD DABUR (I) @ 95-97, OR ON DECLINE AT 91--93, WITH CLOSING SL 86 FOR TGT OF 99.50 / 103 / 105 / 108 / 112 / 115 ! FOR 10-15 DAYS ! 3rd tgt Hit, High Made 107 ! Revised SL 102 !

Cash Market : DEL. CALL BUY PRAKASH IND @ 61--62, WITH CLOSING SL OF 56 for Tgt 65 / 68.50 / 72 / 75 or more for 1 week ! 1st Tgt Hit 65 !

VISIT WEBSITE FOR DAILY TRADING CALLS WITH STRICT SL AND UPDATES FOR PREVIOUS DAYS CALLS !




NIFTY FUTURE CHART :




Supp. 5516 / 5548 / 5565 / 5598 CMP: 5622.15 Resis. 5636 / 5668 / 5698 / 5725 !

BANK NIFTY FUTURE CHART :




Supp. 10950 / 11010 / 11065 / 11150 CMP: 11202.15 Resis. 11245 / 11365 / 11495 / 11585 !

Market Updates : 

Volume Spurts :

Time Technoplast clocked volume of 21.66 lakh shares on BSE, a 15.14-times surge over two-week average daily volume of 1.36 lakh shares. The stock rose 3.65% to Rs 49.95 !

Setco Automotive notched up volume of 3.05lakh shares, a 13.52-fold surge over two-week average daily volume of 22,000 shares. The stock rose 0.78%o Rs 174.35 !

MOIL clocked volume of 9.10 lakh shares, a 11.36-fold rise over two-week average dailyvolume of 65,000 shares. The stock surged 5.38% to Rs 280.95 !

Max India clocked volume of 13.04 lakh shares, a 11.08-fold surge over two-week average daily volume of 1.07 lakh shares. The stock lost 0.50% to Rs 181.35 !

Punjab Communications clocked volume of 4.58 lakh shares, a 11.06-fold rise over two-week average daily volume of 26.000 shares. The stock was locked at 5% upper circuit at Rs 199.75 !

Note : Data From Capital Market And Money Control !

Note : Kindly Trade With Stoploss !