Monday 27 July 2015

Nifty

Nifty is likely to continue downtrend if it closes below 8400 . So wait for a close below 8400 and buy August 8300 put option for a target of 8200+.

Monday 6 July 2015

Uptrend to continue

Nifty chart



After breakout from the descending channel Nifty has continued the uptrend . Hold long positions for the target of 8667 and above . 

Havells



Havells is taking support at 50 DMA . As long as it is above 50 DMA trend will be up . So medium term investors can buy and hold havells for a target of 315+