Monday 21 November 2016

Special Report: Super 3 Stocks for BTST

1.IDEA Cellular

In daily chart, IDEA cellular yesterday it closes green, its overall trend is bearish. But after taking a support of 65.70 it we can see correction from it. There is a formation of consolidation is also formed. Above the level of 72 there is a formation of trend line if the resistance break we can is the price to 75-76. Investor can take long position from 72, and can breach upto the level of 75-77 and the risk part can be taken at below the level of below 65.         
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Reliance Global Call (RGC) today launched an international calling app which enables direct- dialling of contacts, doing away with the need to enter toll- free or PIN numbers. "The service is available to all mobile phone and landline users of the country including prepaid and post-paid subscribers on the networks of Reliance, Airtel , Vodafone, Idea , Tata, Aircel and MTS," said a company statement.

2.Punjab National Bank

PNB takes correction in buying direction. Yesterday it takes support of 146.50 and also there is formation of inverted Head and Shoulder pattern, the neckline resistance level is 152.75 and above this level investors can enter into the position upto the level of 158-159 with the support of 146.
As many as 6 companies, including PNB, will be added to the MSCI India domestic index with effect from November 30. Besides, 30 companies will be added to the MSCI India domestic small cap index, while 16 securities will be deleted.

3.Vedanta

VEDL take the resistance at the level of 233 and bounce back from the level. Reversal signal formed that level now we can go to make short position in intraday trade. Below the level of 198 we can take the position and upto the level 180 is an immediate support with the risk of 216.
A month after suspending operations at its Bicholim iron ore mine in Goa due to labour unrest, mining conglomerate Vedanta   today said it has 'revoked the suspension order' with immediate effect. The striking workers, however, said they will not resume duties till their demands are met by the company management.

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