Tuesday, May 2, 2017

Market out look for 2nd May 2017

Market are continue in trading range and overall trend is bullish but short term some profit booking seen at higher level resulted market closed with a negative bias nearly 9300 mark.    Any sharp decline to buy side.   PSU Banking looking very hot and major open interest added in this segment, so any dip to buy side.  Short sell will be a danger in PSU Banking stocks.

Buy Side  SBI,  Bank of India, PNB, Bank of Baroda, Andhra Bank, Union Bank, OBC

IT Stocks  - Over sold and fresh short not allowed. Any time sharp recovery on the card

Tata Motors   :  Buy on decline.

BPCL –HPCL  looking hot and buy side

 And many more stocks for paid clients.

Have a good day.

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