Trading Calls:Nifty,Mphasis and TATA Coffee
Mphasis
Mphasis after 27% fall on bad results during the result season has unable to recoup its losses. Technically looking it looks poised for breakout above 485 levels for short term.
Indicators are showing short term strength.
Nifty Hourly
Nifty as expected gave a bounce back from opening lows of yesterday and giving recovery but unable to cross Resistance of 5568 as mentioned in yesterday’s post.
For Today Nifty has made a range between 5520-5570 move above this only can give a directional move.
Nifty Weekly
As today is weekly …
Read the full story »
Mphasis after 27% fall on bad results during the result season has unable to recoup its losses. Technically looking it looks poised for breakout above 485 levels for short term.
Indicators are showing short term strength.
Buy above 485 Tgt 491,497 and 505
Nifty Hourly
Nifty as expected gave a bounce back from opening lows of yesterday and giving recovery but unable to cross Resistance of 5568 as mentioned in yesterday’s post.
For Today Nifty has made a range between 5520-5570 move above this only can give a directional move.
Nifty Weekly
As today is weekly …
Read the full story »
posted by Bramesh at
8:39 AM
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