Karan Technical Analysis

                                                                                                                                          The Purpose of Technical analysis is not to be able to accurately identify each and every market position all the times. The real objective of technical analysis is to find those trading opportunities that have a high probability of success.                                                                           ...

Technically Castrol Industries looks good at current price 440 (Nse cash price ) and may move to the levels of 448,450, 452 with a stop loss of 435.

Today FII's sold in cash prov - 181.71 cr . Whereas DII's bought in cash prov  + 233.31 cr.  

As discussed yesterday on 26th April 17 LTP was 194.60  Technical chart of Indo Count industries was looking good and our technical count target was 205 .Stock today touched a high of 206.70 and closed at 203.25.

Technically Equitas Holding  looks positive above 170 with a stop loss of 165 and stock may move upward to 175+ levels . Subject To Disclaimer

Technically Ambuja cement is looking positive at current levels of 246.50 and stock may move to 250,252, 254 + levels in coming days with a stop loss of 241. Subject to Disclaimer

Technically Indo Count looks positive for an upward move at current levels of  194.60 with a stop loss of 187.50. Stock may touch the levels of 205 +...  in coming days .

Today FII's Sold in cash prov.. - 492.52cr . Whereas DII's bought in cash prov.. +1011.38 cr.

Today was the mixed day for the Stocks. Nifty opened at 9336 made of low of 9301.35 touched a high of 9367 and closed at 9351.85. Today was the fourth consecutive day Nifty50 crossing its previous day highs .Many frontline stocks saw some profit booking after four days of rally. For now support levels for the Nifty50 are 9265, 9240 and 9200. Top gainer today in Future segment were Apollo Hospitals, NIIT Tech, Ceat, Andhra bank.