Friday, 2 March 2018

Webinar Summary - 2 Mar 2018

IF dow jones closes below 24300 then it is a worry situation . Then it may slide more by 2200 points

Nifty has a support of 10100 and then it may go up.

Bank nifty is over sold but the kind of move the international market is showing then it may fall furthur
24293 it may fall to this level. 600 points is visible.

UPL Term: Short term CMP: 714 View: it will correct more 600-620 right time to enter

HDIL Term: Long term CMP: 48 View: double bottom formation. If it break this then we will stop at 40. 37.30 is the right time to enter.

TCS Term: Short term CMP: 3037 View: A small cup and handle. May head toward previous high. 2973 is support. Can move up to 3600.

KPIT Term: Short term CMP: 214 View: Buy 207 SL 201 if 201 is broken then it is a worry. IT sector is performinfg so no worries.

INFIBEAM Term: Short term CMP: 157 View: if it cracks 154 then it can come down to 141. if you get at 135-141 you can get in.

IBREAL Term: Short term CMP: 212 View: flag formation. Channel is broken down. 212 is good support. Can slide down to 186.

UNICHEM Term: Short term CMP: 333 View: Story is all over

SPTL Term: Short term CMP: 67 View: 1st recovery. On Monday get is around 66.90. SL- 64.10. Volumes has dries up.

RAIN Term: Short term CMP: 362 View: there is an area of 326-330. SL of 304.

M_M FIN Term: Short term CMP: 427 View: 416 is quite visible. If it break down more then it is a worry situation.

VOLTAS Term: Short term CMP: 619 View: 625 is tough to break. If opening around 607 then there may be a pull back. Suport at 597.

IDFC Term: Short term CMP: 52 View: very less volumes. If we break down. Then buy 50.60, 50.10. then reverse. SL 49.50.

MFSL Term: Short term CMP: 494 View: standing at a very crutial level. It can come down  to 450 and 426. More legs to crack down.

SAIL Term: Long term CMP: 81 View: 77.50, if it breaks this then can break to 65.  130-140 in 2 yrs. Short term is 87.

NMDC Term: Short term CMP: 131 View: if there is a gap down then you can buy

TITAN Term: Short term CMP: 810 View: there is evening star formation. May crack soon. If volumes are there then you can short the script

BROADCOM Term: Short term CMP: 246 View: if it moves above 250. then it may move up. Now in consolidation jone.

LT FINANCE Term: Short term CMP: 162 View: the script is coming down. On the verge of breaking down. Enening star formation. 157 is support.

M&M Term: Short term CMP: 732 View: Bottomed at 700. if it cracks then it may test 380 levels.

NFL Term: Long term CMP: 60 View: 57-58 is a good level to get in. Hold for long term will give good returns

BIOCON Term: Long term CMP: 626 View: it may correct as it has a gap. If we break 618 then it will correct again. Avoid at this point.

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