MARKETS AFTER ROLLOVER DATED 09 APRIL 2019

On 27th March 2019 as discussed expecting the Nifty on higher side of 11565, on 28th March 2019 Nifty closed at 11570. Since than the Markets performed quite well and fast making a new top of 11761 on 03rd April (previous top 11760 ) and today reacting to low of again at 11570 closed at 11675. It was also mentioned earlier that the Markets are going to perform in real sense only above 11680 may be from tomorrow and expected levels in the coming days are 11760 to 11860 to 11960 (approximately) what the current levels of long and short averages are indicating.

Nifty FMCG looks promising particularly Jubliant Foodworks from 1435 and 1460 above(HUGE PENDING GROWTH). Hindustan Uniliver from 1685 onward expected levels are 1750 and 1800 and beyond, both at present levels are safe and sure.

NIFT IT is already on the growth with TCS, INFY and MINDTREE are moving on the higher side.

Nifty PHARMA looks like going for good growth in particularly Biocon, Sun Pharma Lupin etc.

Reliance Industries well corrected from 1400 levels, and today at 1334 looks very attractive.

Similarly L&T is heading for good upside from todays closing at 1375 and above 1380 surely will be on the good growth path.

To sum up Markets above 11680 may once again cross the 11761 levels AND EXPECTED TO MAKE A NEW HIGH OF 11860 AND 11960 IN APRIL SERIES

Finally to mention is that above mentioned topics are study part and not recommendation for buying/ selling.

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