Coming week going to see some major moves as we are going to have number of events in the coming week like inflation data , iip numbers and also last week for the quarter results of some of the big names like tatasteel, reliance communication ,reliance infrastructure and many more…
SGXNIFTY already trading 100 + points down… Dow posts 3 to 4 percent drop in the last session….
So overall an interesting week with high volatility….
Open Interest build up on 09 TH SEP 2016.
Stock Futures added long side positions: …RELIANCE ,ADANI POWER,,.TECHM…
Stock Futures added short side positions:M & M FINANCE,,L & T FIN HOLDINGS ,, TATA COMMUNICATIONS…..
SWING TRADE FOR SEPTEMBER SERIES 2016….
On behalf of pure technical analysis i have judged some of the stocks recommendations which are going to publish their results irrespective of market moves and results…
Some of the recommendations are given below:
TATASTEEL RESULT DATE 12 TH AUGUST MONDAY:
As we may see a gap down opening so we may see stock finding support around 385-382 levels..
SO BUY TATA STEEL ON DIPS AROUND 385-82 WITH SL AT 378 FOR THE TARGETS OF 392 AND THEN 400+++…
UNITECH RESULT DATE 14 SEP WEDNESDAY..
BUY UNITECH AT DIPS AROUND 5.9 SL BELOW 5.15 TGT 7.25….
BUY RCOM AT OR IN BETWEEN 49-50 SL BELOW 49 CLOSING BASIS FOR THE TGT OF 54-55..
BUY RELINFRA ON DIPS AROUND 595 SL 588 TGT 615-620…RESULT ON 13 SEP TUESDAY…
BUY BAJAJ HIND AT 18 SL 17 TGT 19.75….