Thursday, May 5, 2016

Nifty Analysis for 5 May

 Nifty is curretnly trading in Dmand Zone(support). Stoploss for this zone is 7673. Lets expect Nifty to boune from this zone. Aggressive traders can buy Nifty for a target of 7750.

Sell Nifty if it breaks below 7673 for a target of 7620


Nifty 15 min Chart

 


Swing/positional trades for the day:
Buy Havells for a target of 341, stoploss 327
Buy Lupin for a target of 1600, stoploss 1575
Sell Ambuja Cement for a target of 208, stoploss 218
Recent gainers recommended by us
SKS Micro Finance up 12% from buying price
Berger Paint up12% from buying
M&M Financial Services up 32% from buying price (Booked)


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