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Nifty
Analysis for 28 April
Broadly Nifty is in uptrend. However
now trading in a range.
This range is between 7940 to 7990.
We shall get clear signal if Nifty
breaks this range on either side.
We can expect this Nifty to break
above 7990 as Nifty is in uptrend.
Markets can be choppy due to
expiry. No trade in Nifty unless it gives clear signal of breakout on either
side.
Major resistance is 8088. Support
is near 9718
Nifty 15 min Chart
 
Swing/positional
trades for the day:
Buy Bharti Airtel for a target of 400, stoploss 349
Buy Oil India for a target of 335, stoploss 315
Sell ICICI Bank for a target of 240, stoploss 250
Recent
gainers recommended by us
Adani Ports up 12% from buying price
Berger Paint up 11% from buying
M&M Financial Services up 32% from buying price.
SKS Micro Finance up 10.5% from buying price.
Kwality Dairy up 9.5% from buying price
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on Stock Market Investment Strategies
Free Webinar on Stock Market Investment Strategies. Learn to pick multi-bagger stocks. Don't just invest- take informed decision. I will also cover Nifty/Market view for year 2016. Attend this seminar to learn simple methodologies used in share market investing/trading.
Date: 30 April 2016
Time: 5:00pm to 7:00pm
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Thursday, April 28, 2016
NIfty Analysis for 28 Apr
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