Emkay : Trading Today

0 views
Skip to first unread message

Rajesh Desai

unread,
Nov 29, 2012, 11:17:46 PM11/29/12
to LONGTERMINVESTORS, library-of-eq...@googlegroups.com, DAILY REPORTS, globalspeculators, stock...@googlegroups.com




Trading Today

(November 30, 2012)

From Our Technical Desk

From The Dealing Desk

Market Outlook:

The markets ended in green on account of strong global cues. All the major sectoral indices ended in green, Realty and Banking counters being the highest gainers.

Nifty:

Nifty traded firmly throughout the day and ended well above 5800 mark. Support is seen at 5800/5780 levels for Nifty. Resistance is seen at 5850/5880 and a close above this level will further extend the rally up to 5920/5950 levels. The positive trend is very much intact until Nifty holds 5700 level and any dip can be considered as a good buying opportunity.

Support: Major support level 5800/5780.

Investment Ideas

  • Wockhardt @ Rs. 1651 (Target Price: Rs. 2160)

Trading Ideas

  • Positive bias - IVRCL Infra (Target 48), Aurobindo Pharma (Target 195) & Reliance Capital (Target 460). Traders maintain stop loss accordingly.

Statistical Data
  • Advance Decline Ratio
  • Sector updates
  • Exchange Volumes
  • Implied Volatility for ATM Options
  • Put Call Ratio for (Open Interest)
  • FII - MF Activity
  • World Markets
  • Currency

Click here to read report: Trading Today

Thanks & Regards,

Emkay Equity Advisory | Emkay Global Financial Services Ltd. | www.emkayglobal.com

7th Floor, The Ruby, Senapati Bapat Marg, Dadar (W), Mumbai– 400 028| Board No.: +91-22-66121212 | Fax : +91 22-6612 1299



--
CA. Rajesh Desai

image002.gif
Reply all
Reply to author
Forward
0 new messages