MARKET UPDATE


Today Trading Range

10400 to 10500
break down this range…..
 
below 10400…………….10360 10326
Above 10500   …………10550   10600 10610 10650
 
Major short covering ahead 
Reliance Infra Ltd

 
Excellent new selling of Power business to Adani Transmission.
Sput with heavy volume and major long side.   Trading above
50 and 200 DMA  which is a very bullish sign.
Time to buy with big move in coming days.   Likely added 100 to 150 points.
 
Adani Transmission.
Time to buy around   220   + stop loss 210
target    open………………
 
Sun Pharma………………
Bad news and recall of bad drugs  but in prices already
reflected in yesterday trading  with volume…
today any weakness to accumulate long with consider
support 520…. target 570…
No stop loss only buy. 

3M TEAM Research Deptt.

http://www.3mteam.in

Cell No. 9630466296 -9203900646 (also whatsapp)

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