Thursday, June 30, 2016

LAST RECOMMENDATION UPDATE: GIVEN ON 29 JUNE

LAST DAILY RECOMMENDATION:
IN BULLISH MOMENTUM: HEROMOTOCO ALL HIT  TGT 3195  MADE A HIGH OF 3225
LOT SIZE: 200
DAILY TOTAL PROFIT: 17200 IN JUST TWO LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
DAILY CHART FOR HEROMOTOCO:
Today, Sensex ended with a gain of 259 points at 27,000. The Sensex opened at 26,926 touched an intra-day high of 27,069 and low of 26,873.The Nifty closed with a gain of 84 points at 8,288. The Nifty opened at 8,260.25 hitting a high of 8,308 and low of 8,242. Total 33 stocks from BSE ‘A’ group hit their respective 52-week highs in intra-day trade. The list includes ITC, Grasim Industries, Hero MotoCorp, ACC, Biocon, Bharat Petroleum Corporation, NTPC, Aditya Birla Nuvo and Petronet LNG.
TOP GAINERS: Tata Motors, Axis Bank, ICICI Bank, Dr.Reddy's, Tata Steel, SBI ,NTPC
TOP LOSERS: HDFC Bank, Infosys and Sun Pharmaceuticals

Wednesday, June 29, 2016

TECHNICAL ANALYSIS OF HEROMOTOCO FOR 30 JUNE

LAST DAILY RECOMMENDATION:
IN BULLISH MOMENTUM: CENTURYTEX HIT TGT 650  MADE A HIGH OF 654
LOT SIZE: 800
DAILY TOTAL PROFIT: 8000 IN JUST TWO LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
DAILY CHART FOR HEROMOTOCO:
FUTURE:
“BUY HEROMOTOCO ABOVE 3152 TGT 3175/3195”
“SELL HEROMOTOCO BELOW 3120 TGT 3100/2950”
Sensex ended with a gain of 215 points at 26,740. The  Sensex opened at 26,627 touched an intra-day high of 26,776 and low of 26,606.31.The Nifty closed with a gain of 76 points at 8,204. The Nifty opened at 8,173.10 hitting a high of 8,212.40 and low of 8,157. Participants are now keenly watching the rollovers to the next series ahead of the expiry of June F&O series due tomorrow, auto sales volume data for June and India Manufacturing PMI for June due on Friday
TOP GAINERS: Bosch, Hero MotCorp, NTPC, BHEL, Wipro, PowerGrid, GAIL, HCL
TOP LOSERS: Lupin, Coal India, ITC, Bank of Baroda, Bharti Airtel, Tata Motors DVR 

Tuesday, June 28, 2016

TECHNICAL ANALYSIS OF CENTURYTEX FOR 28 JUNE

FUTURE:
“BUY CENTURYTEX ABOVE 645 TGT 650/655”
“SELL CENTURYTEX BELOW 635 TGT 630/325”
DAILY CHART FOR CENTURYTEX:
Sensex ended with a gain of 122 points at 26,524.55. The BSE Sensex opened at 26,411 touched an intra-day high of 26,583 and low of 26,378.The Nifty closed with a gain of 33 points at 8,128. The Nifty opened at 8,096 hitting a high of 8,146 and low of 8,1087. Indian Stock Market was open flat. Technically, Indian Stock Market is still in positive zone. Market may see some positive reaction after a flat opening but it would be considered positive . BankNifty closes above 17560 levels and Nifty closes above 8120 levels. Market managed to close above 8120 levels for Nifty and 17560 levels for BankNifty then it would enter into positive zone and traders should take long positions home. Until then all positive rally is a shorting opportunity. Nifty would see strong support at 8030-8000-7980-7940-7900 whereas strong resistance would be seen at 8120-8145-8180-8240 levels. 
TOP GAINERS: Lupin, ITC, HUL, Bharti Airtel, Cipla, L&T, HDFC Bank ,Coal India 
TOP LOSERS: Tata Motors, Wipro, ICICI Bank, TCS, Tata Steel and Cipla 

Monday, June 27, 2016

TECHNICAL ANALYSIS OF BANKBARODA FOR 27 JUNE

FUTURE:
“BUY BANKBARODA ABOVE 155 TGT 157/158”
“SELL BANKBARODA BELOW 150 TGT 148/145”
DAILY CHART FOR BANKBARODA:
After showing correction from the higher level, now stock is trading in short term recovery phase, it is likely to continue the upside move in near term with the crossing of the resistance level of 155 as the stock is managing to sustain above the level of 155. One may get the targets of 157,160 in the stock with the stop loss of 151. Today, Benchmark share indices ended flat, amid a volatile trading session, after weakness in IT exporters post Brexit capped further upsides. "Markets are likely to remain volatile within a range with support seen at 8,000 for the Nifty and strong resistance seen at 8,300.Sensex ended with a gain of mere five points at 26,403. The Sensex opened at 26,347 touched an intra-day high of 26,494 and low of 26,263.The Nifty closed with a gain of six points at 8,095. The Nifty opened at 8,039 hitting a high of 8,120 and low of 8,039.
TOP GAINERS: Bank of Baroda, UltraTech Cement, Aurobindo Pharma, Dr. Reddy's, Cipla
TOP LOSERS: TCS, Infosys, Zee Ent, IndusInd Bank, Asian Paints and Coal India 

Friday, June 24, 2016

WEEKLY TECHNICAL ANALYSIS OF STAR FOR 27 JUNE

LAST DAILY RECOMMENDATION:
IN BEARISH MOMENTUM: LUPIN HIT TGT 1450 MADE  LOW OF 1435
LOT SIZE: 300
DAILY TOTAL PROFIT: 21000 IN JUST TWO LOT
LAST WEELY RECOMMENDATION:
IN BEARISH MOMENTUM: JUSTDIAL HIT TGT 615 MADE LOW OF 582.70
IN BULLISH MOMENTUM: JUSTDIAL MADE HIGH OF 667.40
LOT SIZE: 500
DAILY TOTAL PROFIT: 32400 IN JUST TWO LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
FUTURE:
“BUY STAR ABOVE 1065 TGT 1078/1100”
“SELL STAR BELOW 1040 TGT 1020/1000”
DAILY CHART FOR STAR:
After showing correction from the higher level, now stock is trading in short term recovery phase, it is likely to continue the upside move in near term with the crossing of the resistance level of 1065 as the stock is managing to sustain above the level of 1075. One may get the targets of 1100,1120 in the stock with the stop loss of 1040.Today,Sensex ended with a loss of 605 points at 26,398. The Sensex opened at 26,367 touched an intra-day high of 26,436 and low of 25,911.The Nifty closed with a loss of 182 points at 8,089. The Nifty opened at 8,029 hitting a high of 8,101 and low of 7,927.05.
TOP GAINERS: SBI, Cipla, Adani Ports, Bank of Baroda, Eicher Motors, ITC, Tata Motors 
TOP LOSERS: Tata Motors, Tata Motors DVR, Tata Steel, Hindalco, L&T, Tech Mahindra

Thursday, June 23, 2016

LAST RECOMMENDATION UPDATE: GIVEN ON 23 JUNE

LAST DAILY RECOMMENDATION:
IN BULLISH MOMENTUM: YESBANK HIT FINAL TGT 1100  MADE A HIGH OF 1165.65
LOT SIZE: 700
DAILY TOTAL PROFIT: 24500 IN JUST TWO LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
DAILY CHART FOR YESBANK:
FUTURE:
“BUY LUPIN ABOVE 1500 TGT 1530/1560”
“SELL LUPIN BELOW 1470 TGT 1450/1430”
Sensex ended with a gain of 237 points at 27,002. The Sensex opened at 26,753 touched an intra-day high of 27,061 and low of 26,737. The Nifty closed with a gain of 67 points at 8,270. The Nifty opened at 8,201 hitting a high of 8,305 and low of 8,188. Markets witnessed rangebound trades in the past two days, however it shot up in the late trades today on the back of decrease in the selling pressure amid uncertainty regarding the mega Brexit referendum. Indian Stock Market was open flat. Technically, Indian Stock Market is still in positive zone. Now further movement would depend on Brexit polls result that would be disclosed today evening. Market would see gap positive or gap negative movement based on the polls results. 
TOP GAINERS: Tata Motors, DR.Reddy's SBI, Sun Pharma, ITC, Lupin, HDFC Bank 
TOP LOSERS: NTPC, Cipla, TCS, ONGC and RIL

Wednesday, June 22, 2016

TECHNICAL ANALYSIS OF YESBANK FOR 23 JUNE 2016

FUTURE:
“BUY YESBANK ABOVE 1082.50 TGT 1090/1100”
“SELL YESBANK BELOW 1070 TGT 1060/1050”
DAILY CHART FOR YESBANK:

Primary trend of the stock is bullish .It is expected to continue the bull run after giving breakout of its range bound movement, it is forming continuation pattern in short term charts, it is likely to continue the positive movement with the breakout of the pattern at the levels of 1082.50.as the stock is sustaining above its 200 and 50 days moving averages with the RSI of 70. One may initiate the long position above the mentioned level for the targets of 1100 and with the strict stop loss of 1065. Today, Sensex ended at 26,766 down 47 points, while NSE Nifty ended lower by 16 points at 8,204.Indian Stock Market was open flat. Technically, Indian Stock Market is still in positive zone. Analysis would still remain same. Market would consolidate in a rangebound region until Brexit event, Important Closing levels to watch out for Nifty is 8250 levels, closing  once Nifty above this level, it would be more positive biased and every downfall would be recovered with a positive rally. So for a Positive rally, Market needs to close above its immediate resistance of 8250 levels.

Tuesday, June 21, 2016

TECHNICAL ANALYSIS OF ARVIND FOR 22 JUNE 2016

FUTURE:
“BUY ARVIND ABOVE 330 TGT 336/345”
“SELL ARVIND BELOW 325 TGT 320/313”
DAILY CHART FOR ARVIND:
Primary trend of the stock is bullish .It is expected to continue the bull run after giving breakout of its range bound movement, it is forming continuation pattern in short term charts, it is likely to continue the positive movement with the breakout of the pattern at the levels of 330.50.as the stock is sustaining above its 200 and 50 days moving averages with the RSI of 66.30. One may initiate the long position above the mentioned level for the targets of 340 and with the strict stop loss of 320. Sensex ended with a loss of 54 points at 26,813. The Sensex opened at 26,907 touched an intra-day high of 26,926 and low of 26,755.The Nifty

Monday, June 20, 2016

TECHNICAL ANALYSIS OF RELCAPITAL FOR 21 JUNE

FUTURE:
“BUY RELCAPITAL ABOVE 405 TGT 410/420”
“SELL RELCAPITAL BELOW 390 TGT 385/375”
DAILY CHART FOR RELCAPITAL:
Sensex ended with a gain of 241 points at 26,867. The Sensex opened at 26,497 touched an intra-day high of 26,885 and low of 26,447.The Nifty closed with a gain of 68 points at 8,239. The Nifty opened at 8,116 hitting a high of 8,244 and low of 8,107.35. Stock market in India started off the week on a bright note despite Reserve Bank of India Governor Raghuram Rajan saying no to a second term. Indices which opened with a gap down, recovered all its losses and managed to close almost near day's high. Indian Stock Market was open Gap Negative. Technically, Indian Stock Market is still in positive trend but RBI Governor, Raghuram Rajan’s announcement on getting retired in September 2016 would force market to see a sharp downfall.

Friday, June 17, 2016

WEEKLY TECHNICAL ANALYSIS OF JUSTDIAL

LAST WEEKLY RECOMMENDATION:
IN BEARISH MOMENTUM: RELINFRA HIT TGT 525  MADE LOW OF 526.30
LOT SIZE: 1300
DAILY TOTAL PROFIT: 35620 IN JUST TWO LOT
LAST DAILY RECOMMENDATION:
IN BULLISH MOMENTUM: ASIANPAINTS MADE HIGH OF 1015.95
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
DAILY CHART FOR JUSTDIAL:
FUTURE:
“BUY JUSTDIAL ABOVE 660 TGT 670/685”
“SELL JUSTDIAL BELOW 640 TGT 630/615”
Sensex ended with a gain of 100 points at 26,626. The Sensex opened at 26,654 touched an intra-day high of 26,731 and low of 26,539.The Nifty closed with a gain of 29 points at 8,170. The Nifty opened at 8,177 hitting a high of 8,195 and low of 8,135. The Indian equity market closed with modest gains on Friday amid a choppy session. Indices managed to clock in

Thursday, June 16, 2016

TECHNICAL ANALYSIS OF ASIANPAINT FOR 17 JUNE

LAST DAILY RECOMMENDATION:
IN BEARISH MOMENTUM: RELCAPITAL HIT TGT 392 MADE LOW OF 389.25
LOT SIZE: 1100
DAILY TOTAL PROFIT: 14850 IN JUST TWO LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
FUTURE:
“BUY ASIANPAINT ABOVE 1010 TGT 1020/1030”
“SELL ASIANPAINT BELOW 995 TGT 985/970”
DAILY CHART FOR ASIANPAINT:
Sensex ended with a loss of 201 points at 26,525. The Sensex opened at 26,686 touched an intra-day high of 26,686.03 and low of 26,315.The Nifty closed with a loss of 66 points at 8,141. The Nifty opened at 8,181 hitting a high of 8,180.65 and low of 8,074. Indian Stock Market would open Negative. Technically, Indian Stock Market has entered into positive zone after a short correction which was predicted by EquityPandit couple of days back. Today, some more correction can be seen after the US FED Remarks but trade for now is to go long at dips. Now, 8300 is an important level for Nifty to look out for. It looks that the

Wednesday, June 15, 2016

TECHNICAL ANALYSIS OF RELCAPITAL FOR 15 JUNE

LAST DAILY RECOMMENDATION:
IN BULLISH MOMENTUM: ULTRACEMCO HIT TGT 3370 MADE HIGH OF 3384
IN BEARISH SIDE: ULTRACEMCO MADE LOW OF 3310
LOT SIZE: 200
DAILY TOTAL PROFIT: 19400 IN JUST TWO LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
FUTURE:
“BUY RELCAPITAL ABOVE 405 TGT 409/415”
“SELL RELCAPITAL BELOW 396 TGT 392/385”
DAILY CHART FOR RELCAPITAL:
The Sensex ended with a gain of 331 points at 26,726. The Sensex opened at 26,501 touched an intra-day high of 26,753 and low of 26,447.The  Nifty closed with a gain of 98 points at 8,206. The Nifty opened at 8,139.40 hitting a high of 8,213 and low of 8,123.Technically, Indian Stock Market would open gap up positive around strong resistance zone of 8150 level. If nifty would closed above 8250 spot level then nifty would see another 100-200 points on upside in a days to come. At this point we would recommend lightening your long positions.

Tuesday, June 14, 2016

TECHNICAL ANALYSIS OF ULTRACEMCO FOR 10 JUNE

LAST DAILY RECOMMENDATION:
IN BULLISH MOMENTUM: TITAN MADE A HIGH OF 368.50
LOT SIZE: 1500
DAILY TOTAL PROFIT: 10500 IN JUST TWO LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
FUTURE:
“BUY ULTRACEMCO ABOVE 3350 TGT 3370/3395”
“SELL ULTRACEMCO BELOW 3325 TGT 3305/3280”
DAILY CHART FOR ULTRACEMCO:
The Indian equity market ended on a flat note on Tuesday amid a volatile trading session. After opening with a positive bias.The  Sensex ended with a loss of mere one points at 26,396. The  Sensex opened at 26,482 touched an intra-day high of 26,485 and low of 26,265.The  Nifty closed with a loss of mere two points at 8,109. The  Nifty opened at 8,134 hitting a high of 8,135 and low of 8,070. markets remained in a small range through trading Tuesday, the high and low intraday were broadly 50 points away.

Monday, June 13, 2016

TECHNICAL ANALYSIS OF TITAN FOR 14 JUNE

FUTURE:
“BUY TITAN ABOVE 365 TGT 370/380”
“SELL TITAN BELOW 360 TGT 355/345”
DAILY CHART FOR TITAN:
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
Sensex ended with a loss of 239 points at 26,396. The Sensex opened at 26,468 touched an intra-day high of 26,468 and low of 26,262.The Nifty closed with a loss of 59 points at 8,111. The  Nifty opened at 8,102 hitting a high of 8,125 and low of 8,063.Indian Stock Market was open gap negative. Technically, Indian Stock Market is still in positive zone but tomorrow chances are there it may enter into negative zone for short term. Further sharp correction is expected as of now that may take Nifty to 8120-8075 levels.

Friday, June 10, 2016

WEEKLY TECHNICAL ANALYSIS OF RELINFRA

LAST WEELY RECOMMENDATION:
IN BEARISH MOMENTUM: LUPIN HIT  TGT 1400  MADE LOW OF 1404.10
LOT SIZE: 300
WEEKLY TOTAL PROFIT: 27540 IN JUST TWO LOT
LAST DAILY RECOMMENDATION:
IN BULLISH MOMENTUM: MARUTI HIT  TGT 4225  MADE HIGH OF 4216
IN BEARISH MOMENTUM: MARUTI HIT  TGT 4120  MADE LOW OF 4120.1
LOT SIZE: 125
WEEKLY TOTAL PROFIT: 11500 IN JUST TWO LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
DAILY CHART FOR RELINFRA:
FUTURE:
“BUY RELINFRA ABOVE 560 TGT 570/585”
“SELL RELINFRA BELOW 540 TGT 525/505”
Sensex ended with a loss of 128 points at 26,636. The Sensex opened at 26,723 touched an intra-day high of 26,972 and low of 26,621.The Nifty closed with a loss of 31 points at 8,172. The Nifty opened at 8,180 hitting a high of 8,266 and low of 8,163. "Markets exhibited a burst of volatility intraday on Friday, the indices rallied to the 8,300 levels after opening flat for the day, this upmove sharply reversed to take the markets lower for the day all the way to the 8,180 levels. This volatility is bound to cause a lot of churn wiping out a lot of the weak hands from the market. Global cues were largely weak Friday with the European indices selling off sharply intraday. Technically

Thursday, June 9, 2016

TECHNICAL ANALYSIS OF MARUTI FOR 10 JUNE

LAST DAILY RECOMMENDATION:
IN BEARISH MOMENTUM: WOCKPHARMA HIT  945 TGT  MADE HIGH OF 941.70
LOT SIZE: 375
WEEKLY TOTAL PROFIT: 9975 IN JUST TWO LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
DAILY CHART FOR WOCKPHARMA:
FUTURE:
“BUY MARUTI ABOVE 4200 TGT 4225/4255”
“SELL MARUTI BELOW 4150 TGT 4120/4090”
Buy Maruti Suzuki on dips:
Maruti Suzuki   has been a stock which has given phenomenal returns to investors over the last 18 months. The point is should this dip be used as a buying opportunity. Primary trend of the stock is bullish and is consolidating at the higher level. It is expected to continue the bull run with the crossing of the resistance level of 4200, as the stock is sustaining above its 200 and 50 days moving averages. One may initiate the long position above the mentioned level for the targets of 4250/4300.

Wednesday, June 8, 2016

TECHNICAL ANALYSIS OF WOCKPHARMA FOR 09 JUNE

LAST DAILY RECOMMENDATION:
IN BULLISH MOMENTUM: RELINFRA HIT  TGT 550 MADE HIGH OF 552.40
LOT SIZE: 1300
WEEKLY TOTAL PROFIT: 32240 IN JUST TWO LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
DAILY CHART FOR WOCKPHARMA:
FUTURE:
“BUY WOCKPHARMA ABOVE 970 TGT 980/1000”
“SELL WOCKPHARMA BELOW 955 TGT 945/920”
The Sensex ended with a gain of 11 points at 27,021. The Sensex opened at 27,085 touched an intra-day high of 27,105 and low of 26,973.The Nifty closed with a gain of mere seven points at 8,273. The Nifty opened at 8,286 hitting a high of 8,289 and low of 8,252. After opening on a flat note, indices were stuck in a narrow trading range throughout the day clocking in minuscule gains. warn markets will see periodic profit-taking, especially ahead of key events this month, including the US Federal Reserve policy meeting next week and Britain's June 23 referendum on whether to leave the European Union. The Sensex and Nifty ended flat as investors booked profits on recent outperformers, but defence stocks rose after the United States recognised the country as a “major defence partner” during Prime Minister Narendra Modi's ongoing US visit.

Tuesday, June 7, 2016

MAKE USE OF DIPS TO INITIATE FRESH LONG POSITION

LAST DAILY RECOMMENDATION:
IN BULLISH MOMENTUM: YESBANK HIT TGT 1085 MADE HIGH OF 1082
LOT SIZE: 600
WEEKLY TOTAL PROFIT: 14400 IN JUST TWO LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
DAILY CHART FOR RELINFRA:
FUTURE:
“BUY RELINFRA ABOVE 540 TGT 550/565”
“SELL RELINFRA BELOW 520 TGT 510/495”
Sensex ended with a gain of 232 points at 27,010. The Sensex opened at 26,834 touched an intra-day high of 27,083 and low of 26,829.53.The Nifty closed with a gain of 65 points at 8,266. The Nifty opened at 8,236 hitting a high of 8,295 and low of 8,216. Technically, The Nifty futures started the session with a gap-up opening at 8,266. After some initial selling pressure, the contract found support at 8,230 and bounced back strongly. Markets took cues from the RBI's policy meeting in which it kept its policy rate unchanged at a five-year low of 6.5 per cent and started to trend upwards. With continued buying interest, the contract has surpassed key resistance at 8,300 and recorded an intra-day high at 8,313 levels. Short-term

Monday, June 6, 2016

NIFTY FAILS TO CLOSE ABOVE 8250,SLUGGISHNESS ON DAILY CHARTS

FUTURE:
“BUY YESBANK ABOVE 1070 TGT 1085/1100”
“SELL YESBANK BELOW 1042 TGT 1020/1005”
DAILY CHART FOR YESBANK:
Indian Stock Market would open flat with positive bias. Technically, Indian Stock Market is still in positive zone. Overall Market is positive and traders should book partial profits at higher levels and buy again at dips to gain higher profits as market would move positive in cycles. Nifty would see strong support at 8200-8165-8098 whereas strong resistance would be seen at 8272-8294-8332-8385 levels. After opening on flat note, indices were stuck in a narrow trading range throughout the day. Finally, the  Sensex ended with a loss of 66 points at 26,777. The  Sensex opened at 26,898 touched an intra-day high of 26,901 and low of 26,729.The Nifty closed with a loss of 20 points at 8,201.