A bounce in Bank Nifty Future is likely as we have seen large cap banking stock moving above their important resistance level. In stock like State bank of India, ICICI Bank, Axis Bank, PNB, Bank of Baroda, HDFC Bank are looking ready for an up move of about 5 to 8% hence There will at least 500 points rally on bank nifty index, traders can buy bank nifty future around 9500 level for target of ... [Continue Reading]
Nifty Future Complete Technical Analysis for Current Month Series F&O Expiry
Nifty has given a positive breakout by closing above the crucial level of 4900, we have also confirmed front line stocks like Reliance, State Bank, Icici Bank, Infosys, Dlf, Hindalco, Sesa Goa, Tata Steel, Tata Motors, Hero Moto Corp and many other. Nifty future closing above major resistance is very important for upside in the coming weeks, now nifty future may target 5200 level in this month ... [Continue Reading]
TECHNICAL ANALYSIS: INFY Has to Correct Below 2100 Level Before any Upmove
Infosys Technologies was started way back in the year 1988 by Narayan Murthy and since then every one know how infosys has grown from a garage to an multinational corporation. Starting business from just $1000 has today grown to multi-billion-dollar corporate, It is the only company in India to produce highest number of Dollar billionaires. Infosys today has become second largest software firm in ... [Continue Reading]
Safe Heaven Stocks: Invest in Hindustan Uniliver Stock When Markets are Uncertain
Hindustan Unilever Ltd. is well diversified conglomerate in India its major selling product includes FMCG products. The stock of this company was listed on 6 July 1995, the stock performance is not that attractive but the stock at CMP is really valuable. Daily chart of Hindustan Uniliver stock suggest that there will be some sort of range bound movements. We will not recommend any trading view in ... [Continue Reading]
Technical Analysis on M&M Stock: Auto Companies Stocks to Perform Well, Multibagger Stock
Mahindra & Mahindra Ltd. was listed back on NSE on 3 January 1996, stock performance of the comapany was not that attractive until the 2009, from the 2009 lows the stock today trades about 8 times that low established on the year 2009. We are looking for technical and we feel the stock is technically strong and also there is no reason for the stock to correct also we are now looking for buying ... [Continue Reading]