Free Today’s Trading Tips April 16

  • Read today’s market highlights Click Here
  • On April 15, Asian markets were closed marginally high and EU markets were in negative zone. Dow and Nasdaq are trading flat positively.
  • Indian stocks outperformed world stock markets though Infosys results and guidance were negative.
  • Sensex was ended 318 point High and Nifty 101 point up.
  • Nifty crossed major resistance level 3440 and was ended above 3480
  • Nifty Resistances: Above 3480, Nifty can touch 3526, 3550, 3649
  • Nifty  Supports: Below 3480, Nifty can retest 3440, 3350, 3270
  • Good News For Followers: Mint money with Opto Ckt, Hind Motor, Punj Llyod, Spice, Lanco, Suzlon, Hind Copper …
  • Buy GIPCL: Target-75, Short Target-83, Stop Loss-65
  • Buy/Hold Hindustan Motors: Target 22, Short Target- 24, Stop Loss-14
  • Buy/Hold Hindustan Copper: Target 220, Short Target-229, Stop Loss-196
  • Sell Infosys
  • Buy SpiceJet: Hold if you have followed my previous call, Target-19, Short Target-22, Stop Loss-14
  • Buy Shaw Wallace: Target 171, Short Term-192, 213, Stop Loss-158
  • Sell Rolta: Target-103, Short Target-97, 84, Stop Loss-117
  • Buy Lanco Infra: Target-259, Short Target-270, Stop Loss-217
  • Buy JSW: Target-390, Short Target-423, Stop Loss-355

Mid Session Calls

  • Heavy Selling Pressure in Some Large Caps. Beware of holding any Mid-Cap and small-cap. Short Term Trend will be negative tomorrow onwards.
  • Short Term Traders Book Profit in Hindustan Copper, Hindustan Motor
  • Sell Lanco Infra
  • Hold Suzlon, GIPCL
  • Hold Spice Jet
  • Exit BILT Now
  • Market is in Deep RED. As i told mentioned to exit all long position. Book Your profit and be on cash to buy them in load agian.
Popularity: 418 hits
You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Comment on “Free Today’s Trading Tips April 16”

Trackbacks

  1. Todays Highlight April 16 | Stock Market Guru

Leave a Comment