Aurobindo Pharma recommended above 912 made a high of 922.65 and closed at 918.45.
Cipla does my immediate target of 322.
Essar Oil as recommended, could not move higher and crashed to 138 on intraday panic.
Gitanjali Gems recommended above 115.50 zooms to 118+ level and closed at 117.45.
Stock Trading Ideas:
BRFL (CMP 215.05): The stock has cleared major resistances above 211/212 level. Its a buy recommendation for a target of 223. It is best buy around 215+212 level with a stop loss below 208.
Grasim (CMP 2678.55): The stock will face major resistances at 2695-2715 level. It is a short recommendation for target of 2650. It is best short around 2697+2712 level with a stop loss above 2725.
PNB (CMP 88.30): More details only to Intra/BTST Stock subscribers.
Patni (CMP 489.55): More details only to Intra/BTST Stock subscribers.
Note: Freezing Stock Ideas will be again back once market becomes stable. Till then stick to intraday trades.
Index Recap: In Nifty future written above 4761 it will zoom to 4801. As usual critics/jokers can check the charts, that Nifty future skyrocketted to 4801 once it cleared 4761 in the morning trades itself. Told major resistances above lies at 4801-4823 zone. Just check it touched 4818 and crashed again to lower marks to finally close at 4788. Written in Bank Nifty future major support is 8280 and hurdles above at 8360. Also writtten crossover aobe 8360 will take it to 8420/8459 in hours. Just check the swing, morning low made 8260, took support at my 8280 zone actually and zoomed to 8440 well within my target range. My subscribers literally minted money in Nifty today. Could you also earn today?? Could you catch the explosive moves or watched as usual from the sidelines??
Now, what to expect tomorrow in indices? Nifty future faces immense hurdles at 4801-4823 zone. There are two possibilities, it will cross the zone and target 4890/4935 zone. Second, it will retest 4761 on the downside. Now if cant cross the resistance zone and breaks and trades below 4761 we can see panic selling in the market. If also breaks 4736, bloodbath can be witnessed with all round selling accross the board.
Bank Nifty future is testing important resistance at 8420-8460 level. If crosses with volume then will target 8550 zone. Now crossing and sustaining above 8550 will bring it to new bull orbit with revised target of 8615-8700. But if cant cross 8460 and trades below 8360, then?? More live updates available only to the Nifty pack subscribers
Nifty future important levels for Wednesday, 10th February:
R3 4912 R2 4865 R1 4829 PP 4782 S1 4746 S2 4699 S3 4663Bank Nifty future important levels for Wednesday, 10th February:
R3 8658 R2 8549 R1 8478 PP 8369 S1 8298 S2 8189 S3 8119
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