TRADE SCAN:13-Sep 2017
Nifty - I : Last 2 Hrs we get 45-Deg. up-move. This some times lead to Gap down open.
Structure is not supporting overnite Longs. Infact, longs probably already Sq. off today.
Look for Down side Targets of 10020-10K. Avoid Heavy trading a Wednesday is typically Low volume day.
SunPharma : Pharma as a whole sector was better performing today. Longs can be intiatted in Sun-Pharma with 1 more rotation towards 490-500 Area.
Hindalco: I minor correction towards 246-47 is possible. Rest everything is OK for Hindalco longs.
USDINR : Longs have target of 64.30-.35 area. On extension side even 64.40 is possible. Probability is low for huge correction.
NOTE; CHARTS & COMMENTS ARE FOR EDUCATION PURPOSE & NOT INVESTMENT ADVICE.
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