SHREE GANESHAY NAMAH !!
NIFTY WEEKLY RANGE FOR THE WEEK 26TH AUG -- 30TH AUG 5326 -- 5616. Either Side Sustaining Will Give 106 Points More, High 5528.70, Low 5274.25, Closed 5287.45.
Nifty closes at almost a year low.
Indian stocks snapped three-day winning streak today, 27 August 2013. From a recent low of 17,905.91 on 21 August 2013, the Sensex gained 652.22 points or 3.64% in three consecutive trading sessions to 18,558.13 on Monday, 26 August 2013. The Sensex has fallen 1,377.62 points or 7.12% in this month so far (till 27 August 2013). The Sensex has declined 1,458.63 points or 7.51% in calendar 2013 so far (till 27 August 2013). From a 52-week high of 20,443.62 on 20 May 2013, the Sensex has fallen 2,475.54 points or 12.11%. From a 52-week low of 17,250.80 on 5 September 2012, the Sensex has surged 717.28 points or 4.16%.
Global stocks fell on Tuesday after US Secretary of State John Kerry said the US President will hold Syria's government accountable for using chemical weapons against Syrian civilians.
NOTE : AFTER 1ST TGT HIT KINDLY REVISED SL TO COST PRICE TO BE IN GAIN !
TRADING CALLS
CASH
BUY BHEL CMP 111 SL 106 TGT 114.50 / 119
BUY ABAN OFF CMP 215 SL 210.50 TGT 218.50 / 222
SELL CIPLA CMP 397 SL 403 TGT 393.50 / 388.50
SELL WIPRO CMP 455 SL 463 TGT 451 / 445
FO
BUY LT AROUND 680--695 SL 665 TGT 709 / 720 / 732
BUY MCDOWELL 2070--2100 SL 2020 TGT 2160 / 2230
DISCLAIMER : THE TEAM IS NOT RESPONSIBLE FOR ANY LOSSES OCCURED DURING ANY TRADE !
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