Wednesday, June 1, 2016

Nifty analysis for 1 June 2016

 Range for Nifty continues. Today as well Nifty is expected to consolidate in the range.  

Bulls does not seem to have strength. Buying Nifty is suggested only on breakout beyond 8200.

Intraday Sell Nifty on rise near 8180 and 8200 levels.

Nifty 15 min Chart


Swing/positional trades for the day:
Sell Reliance Communication for a target of 44. Stoploss is 49.3
Sell Glenmark for a target of 839. Stoploss is 865
Buy Tatasteel for a target of 345. Stoploss is 327
Buy Colgate Palmolive for a target of 890. Stoploss is 845
Buy Aurobindo Pharma for a target of 810. Stoploss is 760
Recent gainers recommended by us
Pidilite Industries breaking out -now up 16.5% from recommended price (Read Pidilite article written on 3 March)
SKS Micro Finance booked profit with 19.8% gains from buying price (Read article written on 25 Apr)
Berger Paint booked profit with 21.85% gains from buying price
M&M Financial Services up 32% from buying price (Booked) (Read article written on 12 April)

Premium Product
Prime Cash
A Model Portfolio
Plans: Half Yrly – Rs 5900/- and Yrly- Rs 9900/-

Objective of this portfolio is to earn yearly gains of 36% to 48%

Concentrated Product, focused approach
Keep it simple. Follow the framework
Long only, wealth creation portfolio
Trade with a portfolio approach- trade all the calls
We shall guide on position sizing time to time
Unique On-line Trading Advisory System maintains all the recommendations.
Login ID and Password will be provided to subscribers
No need to watch markets during the day
No action to be taken during the day. All buy/sell at the start of the day
Spare only 10 mins for the day
Very low risk as no F&O calls in this portfolio

No comments:

Post a Comment