Friday, 29 July 2016

WEEKLY TECHNICAL ANALYSIS OF ZEEL FOR 01 AUG

LAST WEELY RECOMMENDATION:
IN BULLISH MOMENTUM: HDFCBANK HIT ALL TGT 1255 MADE HIGH OF 1261.70
LOT SIZE: 500
DAILY TOTAL PROFIT: 26700 IN JUST TWO LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
FUTURE:
“BUY ZEEL ABOVE 503 TGT 510/515”
“SELL ZEEL BELOW 494 TGT 488/480”
DAILY CHART FOR ZEEL:
Primary trend of the stock is bullish and 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 470 ; as the stock is managing to trade above its 50 and 200 days moving averages with the RSI of 70, one may expect the targets of 520  in the stock if it manages to sustain above the immediate support level of 490. The stock is in bull run and is forming a reversal pattern also in short term charts, it is likely to show correction with the breach of the support level of 480, where one may initiate the short position in it for the targets of 455, while stop loss can be placed at 510.Today, Sensex ended with a loss of 157 points at 28,052. The Sensex opened at 28,233 touched an intra-day high of 28,233 and low of 28,038.The Nifty closed with a loss of 28 points at

Thursday, 28 July 2016

NIFTY SHUTS ABOVE 8,650, AT FRESH 52-WEEK CLOSING HIGH ON GST HOPES

LAST DAILY RECOMMENDATION:
IN BULLISH MOMENTUM: YESBANK HIT FINAL TGT 1220  MADE A HIGH OF 1226.75
LOT SIZE: 700
DAILY TOTAL PROFIT: 14000 IN JUST ONE LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
Technically, Indian Stock Market is still in positive zone. Today is F&O Expiry and huge volatility was be seen. Market would see some sharp correction but it would be temporary and  Nifty closes above 8636, now we can see a sharp positive rally in days to come. GST news would decide further market movement but traders should buy at dips near support levels and book profits at resistance levels.The support for the Nifty is 8550-8530-8496-8470 and the resistance to the up move is at 8636-8665-8707-8741 levels. Today,The Indian stock market rallied for second consecutive session amid smooth rollovers in F&O expiry.

NIFTY SHUTS ABOVE 8,600 MARK; END FLAT AHEAD OF JULY F&O EXPIRY

LAST DAILY RECOMMENDATION:
IN BULLISH MOMENTUM: YESBANK HIT FIRST TGT 1210  MADE A HIGH OF 1212.75
LOT SIZE: 700
DAILY TOTAL PROFIT: 14000 IN JUST TWO LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
Sensex ended with a gain of 48 points at 28,024. The Sensex opened at 27,976 touched an intra-day high of 28,211 and low of 27,899.93.The Nifty closed with a gain of 25 points at 8,616. The Nifty opened at 8,599.40 hitting a high of 8,665 and low of 8,572.Stock market in India ended with modest gains on Wednesday amid a highly volatile trading session. Indices slipped sharply lower in the first half with the Nifty slipping below the 8600 mark. However as the day progressed benchmarks stabilized and staged a smart recovery in the last half an hour .Technically, Indian Stock Market is still in positive zone. But Market was unable to retain 8600 levels by closing yesterday and again entered into rangebound region. Now Market would again see sideways movement until it breaches 8636 levels. Closing above 
8636 levels for Nifty would force market to see a sharp breakout from this trading range. Now, GST is the only event that can trigger market to see a sharp positive rally.
TOP GAINERS: Bharti Infratel, ICICI Bank, Zee Ent, Maruti Suzuki, Adani Ports, IndusInd
TOP LOSERS: Idea Cellular, ITC, Tata Steel, RIL, Axis Bank, Coal India and ONGC

Tuesday, 26 July 2016

TECHNICAL ANALYSIS OF YESBANK FOR 27 JULY 2016

 “BUY YESBANK ABOVE 1200 TGT 1210/1220”
“SELL YESBANK BELOW 1180 TGT 1170/1160”
DAILY CHART FOR YESBANK:
Sensex ended with a loss of 119 points at 27,977. The Sensex opened at 28,121 touched an intra-day high of 27,150 and low of 27,927.The Nifty closed with a loss of 45 points at 8,591. The Nifty opened at 8,634 hitting a high of 8,645 and low of 8,577. After a strong rally in the previous session, indices failed to carry forward the momentum on Tuesday. Indices that held firm throughout the day slipped sharply in the last hour. Technically, Now Indian Stock Market is still in Positive trend and BankNifty has again entered into positive zone. Some temporary correction would be seen after a sharp positive movement yesterday but overall

Monday, 25 July 2016

TECHNICAL ANALYSIS OF ZEEL FOR 26 JULY 2016

LAST DAILY RECOMMENDATION: GIVEN ON  21 JULY 2016
IN BULLISH MOMENTUM: YESBANK HIT FINAL TGT 1185  MADE A HIGH OF 1191.85
LOT SIZE: 700
DAILY TOTAL PROFIT: 35000 IN JUST TWO LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
 “BUY ZEEL ABOVE 477 TGT 482/486”
“SELL ZEELBELOW 472 TGT 468/460”
The Sensex ended with a gain of 292 points at 28,095. The benchmark indices opened at 27,754 touched an intra-day high of 28,110 and low of 27,736.51.The Nifty closed 94 points higher at 8,636 points. It opened at 8,520 points, hitting a high of 8,641 and low of 8,517. The Nifty closes above 8,600 for first time since July 22, 2015.The Indian stock market ended with smart gains on Monday as the Sensex hit its highest level in more than a week while the Nifty hit its highest level in more than 11 months. Recent under-performers such as Infosys and State Bank of India recovered on improved sentiment following assurances from global policymakers on the need to boost growth. In addition, better than expected monsoon season has lifted the sentiment across the board.
But Now, traders should watch Nifty movement carefully to decide the trend. If Nifty breaches levels of 8600-8625 levels, then we would see a sharp positive breakout in all the indices. Traders should also keep in mind that if Nifty doesn’t close below 8478 levels in

Friday, 22 July 2016

WEEKLY CALL OF HDFCBANK FOR 25 JULY 2016

LAST WEELY RECOMMENDATION:
IN BULLISH MOMENTUM: MARUTI HIT FINAL TGT 4550 MADE A HIGH OF 4469
LOT SIZE: 150
DAILY TOTAL PROFIT: 15000 IN JUST TWO LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
“BUY HDFCBANK ABOVE 1235 TGT 1255/1275”
“SELL HDFCBANK BELOW 1220 TGT 1200/1185”
DAILY CHART FOR HDFCBANK:
WEEKLY CANDLESTICKER VIEW: 
The Umbrella indicates that sellers mostly dominated trading during the day and they were able to drive prices lower. However, buyers resurfaced at the end of the day and they successfully pushed prices back to the opening level and to the day’s high.
The Umbrella has the potential to signal a bullish reversal at the bottom if it appears after a long downtrend, long black candlestick or if it is seen at a support level. Likewise, umbrella may signal a bearish reversal at the top if it appears after a long uptrend, a long white

Thursday, 21 July 2016

SENSEX SLIPS OVER 200 POINTS; NIFTY HOLDS 8,500

BUY YESBANK ABOVE 1160 TGT 1170/1185 SL 1145
Sensex ended with a loss of 205 points at 27,711. The Sensex opened at 27,981 touched an intra-day high of 27,989 and low of 27,687.54.The Nifty closed with a loss of 58 points at 8,510. The Nifty opened at 8,583 hitting a high of 8,585 and low of 8,504.45.The Indian stock market snapped two day winning streak on Thursday as momentum failed to sustain at higher levels. The Nifty is likely to remain rangebound between 8,400-8.600 till the GST Bill gets passed. Markets are witnessing profit taking at higher levels as there are no positive surprises from the first quarter earnings. Indian Stock Market was open flat. Technically, Indian Stock Market is still in positive zone. Analysis would still remain same. Market would continue to see positive rallies until Nifty holds 8478 levels. Once Nifty breaches levels of 8600-8635 levels, we would see a sharp breakout in the whole Indian Stock Market. Traders

Wednesday, 20 July 2016

TECHNICAL ANALYSIS OF HDFCBANK FOR 21 JULY 2016

“BUY HDFCBANK ABOVE 1240 TGT 1260/1270”
“SELL HDFCBANK BELOW 1230 TGT 1210/1200”
DAILY CHART FOR HDFCBANK:
Primary trend of the stock is bullish and is consolidating at the higher level after showing correction. It is expected to continue the bull run with the crossing of the resistance level of 1240, 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 1270 and with the strict stop loss of 1230. It is also forming a reversal pattern in short term charts, it is likely to show correction with the breach of the support level of 1230, where one may initiate the short position in it for the targets of 1200, while stop loss can be placed at 1260.
The Indian stock market rallied for the second consecutive session on Wednesday.

Tuesday, 19 July 2016

NIFTY CLOSED WITH A GAIN OF 20 POINTS, WIPRO Q1 PAT STANDS AT RS.2052 CRORE

Wipro, one of the largest IT firms, announced its financial results for the quarter ended June 30, 2016 on July 19.The consolidated Profit after tax (PAT) of the company stood at Rs. 2052 crore in Q1 FY17 as compared with Rs.2238 crore in Q4 FY16.Wipro registered consolidated net revenue of Rs.13,697 crore as against Rs.13,741 crore qoq.
                               Sensex ended with a gain of 41 points at 27,788. The Sensex opened at 27,790 touched an intra-day high of 27,826.69 and low of 27,638.The Nifty closed with a gain of 20 points at 8,529. The Nifty opened at 8,514.30 hitting a high of 8,540 and low of 8,477. The Indian equity market ended with smart gains amid a highly volatile session. After opening on a flat note indices remained under pressure and slipped lower in the first half. However, as the day progressed, a sudden bout of buying in the oil and gas, energy, pharma, IT, metals stocks lifted the benchmarks. On the other hand, FMCG, consumer durables, banking and realty stocks were under pressure. Indian Stock Market was open flat. Technically, Indian Stock Market is still in positive zone. Now, 8480 would act as reversal levels for Nifty, closing below which Nifty would enter into negative zone.

Monday, 18 July 2016

TECHNICAL ANALYSIS OF WIPRO FOR 19 JULY 2016


Today, Sensex ended with a loss of 90 points at 27,747. The Sensex opened at 27,920 touched an intra-day high of 28,014 and low of 27,697.69.The Nifty closed with a loss of 33 points at 8,509. The Nifty opened at 8,564 hitting a high of 8,587.10 and low of 8,494.35. Equity benchmarks wiped out all gains in last hour of trade with the Nifty falling below 8500 level intraday Monday after rallying 2.6 percent in the previous week. However, the market started off trade on a positive note following Reliance's Q1 results and firm Asian peers. Oil, infra, telecom and select banking & financials dragged the market.
“BUY WIPRO ABOVE 555 TGT 565/580”
“SELL WIPRO BELOW 548 TGT 540/530”
The stock is in bear side and is forming a reversal pattern in short term charts, it is likely to show correction with the breach of the resistance  level of 555, where one may initiate the long position in it for the targets of 570, while stop loss can be placed at 445. one may initiate the short position also if it is likely to show correction with the breach of the support level of 548 in it for the targets of 535, while stop loss can be placed at 560.
DAILY CHART FOR WIPRO:

Friday, 15 July 2016

WEEKLY TECHNICAL ANALYSIS OF MARUTI FOR 18 JULY

LAST DAILY RECOMMENDATION:
IN BULLISH MOMENTUM: ZEEL ALMOST HIT TGT 472 MADE HIGH OF 471.45
LOT SIZE: 300
DAILY TOTAL PROFIT: 21000 IN JUST TWO LOT
LAST WEELY RECOMMENDATION:
IN BULLISH MOMENTUM: YESBANK HIT ALL TGT 1145 MADE HIGH OF 1183.45
LOT SIZE: 700
DAILY TOTAL PROFIT: 28000 IN JUST TWO LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
“BUY MARUTI ABOVE 4500 TGT 4525/4550”
“SELL MARUTI BELOW 4420 TGT 4390/4350”
DAILY CHART FOR MARUTI:
Primary trend of the stock is bullish and 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 4500 ; as the stock is managing to trade above its 50 and 200 days moving averages with the RSI of 70, one may expect the targets of 1520  in the stock if it manages to sustain above the immediate support level of 4400. The stock is in bull run and is forming a reversal pattern also in short term charts, it is likely to show correction with the breach of the support level of 4420, where one may initiate the short position in it for the targets of 4300, while stop loss can be placed at 4500.Today,Sensex ended with a loss of 106 points at

Wednesday, 13 July 2016

TECHNICAL ANALYSIS OF ZEEL FOR 15 JULY 2016

 “BUY ZEEL ABOVE 466 TGT 472/480”
“SELL ZEEL BELOW 460 TGT 455/450”
DAILY CHART FOR ZEEL:
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 470 as the stock is managing to sustain above the level of 470. One may get the targets of 480,490 in the stock with the stop loss of 450.
Markets gathered pace in late trades further, the Narendra Modi government on Thursday reached out to the principal opposition party Congress over the contentious issue of Goods and Service Tax Bill.  the progress of the monsoon also aided sentiment. The Indian stock market ended with smart gains on Thursday tracking firm cues across the Asian and the European markets. Nifty reclaimed 8,550 for the first time since August 11, 2015 as

TECHNICAL ANALYSIS OF INFY FOR 14 JULY 2016

“BUY INFY ABOVE 1200 TGT 1230/1260”

“SELL INFY BELOW 1170 TGT 1150/1130”

DAILY CHART FOR INFY:
Primary trend of the INFY is bullish and 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 1200 ; as the stock is managing to trade above its 50 and 200 days moving averages with the RSI of 52, one may expect the targets of 1230 in the stock if it manages to sustain above the immediate support level of 1200.Today,Sensex ended with gains of seven points at 27,815. The Sensex opened at 27,912 touched an intra-day high of 27,929 and low of 27,752.The Nifty closed with a loss of mere two points at 8,520. The Nifty opened at 8,540 hitting a high of 8,550 and low of 8,494.

Tuesday, 12 July 2016

NIFTY TOPS 8,500 TO ENDS AT FRESH 11-MONTH CLOSING HIGH

Markets extended gains on Tuesday with the benchmark Nifty surpassing the 8,500 mark to end at its highest closing level since August 2015. Stock market rallied ahead of IIP and inflation data to be released later in the day. After opening on a flat note indices remained under pressure and slipped lower in the first half. a sudden bout of buying in the metals, realty and banking stocks lifted the benchmarks to end at day's high. Even the Nifty Mid-Cap index closed at an all-time high  "The gains have been in tandem with a rally in global stocks and expectations of easy monetary policies by global central banks. Further, expectations of a reasonable first quarter earnings has also boosted sentiment. Indian Stock Market would open gap positive. Technically, Indian Stock Market is still in positive zone. Market would see further positive movement. Traders should continue to hold long positions in Nifty and BankNifty. BankNifty would outperform Nifty in days to come.

Monday, 11 July 2016

DAILY TECHNICAL ANALYSIS OF MARUTI FOR 12 JULY

“BUY MARUTI ABOVE 4300 TGT 4315/4325”
“SELL MARUTI BELOW 4260 TGT 4240/4210”
DAILY CHART FOR MARUTI:
Primary trend of the MARUTI is bullish and 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 4300 ; as the stock is managing to trade above its 50 and 200 days moving averages with the RSI of 66.65, one may expect the targets of 4325 in the stock if it manages to sustain above the immediate support level of 8260.Today,Sensex ended with a gain of 500 points at 26,627. The Sensex opened at 26,358 touched an intra-day high of 26,647 and low of 26,358.23.The Nifty closed

Friday, 8 July 2016

WEEKLY TECHNICAL ANALYSIS OF YESBANK

“BUY YESBANK ABOVE 1125 TGT 1135/1145”

“SELL YESBANK BELOW 1110 TGT 1100/980”
LAST DAILY RECOMMENDATION:
IN BULLISH MOMENTUM: LUPIN HIT TGT 1705  MADE A HIGH OF 1708.40
IN BEARISH MOMENTUM: LUPIN HIT TGT 1640  MADE A HIGH OF 1621.15
LOT SIZE: 300
DAILY TOTAL PROFIT: 28800 IN JUST TWO LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
DAILY CHART FOR LUPIN:
Sensex ended with a loss of 75 points at 27,127. The Sensex opened at 27,292 touched an intra-day high of 27,295 and low of 27,034.The Nifty closed with a loss of 15 points at 8,323.

Thursday, 7 July 2016

TECHNICAL ANALYSIS OF LUPIN FOR 08 JULY 2016

FUTURE:

“BUY LUPIN ABOVE 1692 TGT 1705/1720”

“SELL LUPIN BELOW 1675 TGT 1660/1640”

LAST DAILY RECOMMENDATION:
IN BULLISH MOMENTUM: WOCKPHARMA HIT  TGT 975 MADE A HIGH OF 973.70
IN BEARISH MOMENTUM: WOCKPHARMA HIT  TGT 945  MADE A HIGH OF 938.25
LOT SIZE: 600
DAILY TOTAL PROFIT: 22440 IN JUST TWO LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
Sensex ended with a gain of 35 points at 27,201. The Sensex opened at 27,210 touched an intra-day high of 27,288 and low of 27,147.The Nifty closed almost flat at 8,338. The Nifty opened at 8,342 hitting a high of 8,362 and low of 8,318. The Indian stock market ended almost unchanged amid a lackluster day of trades. After enjoying a mid-week break, indices were stuck in a narrow trading range on Thursday.Nifty swung between gains and losses as worries over global economic growth stagnation continued to weigh on investor sentiment.
TOP GAINERS: Lupin, Hindalco, HUL, Dr. Reddy's, HDFC, Cipla, BPCL ,HDFC Bank
TOP LOSERS:  Tata Steel, HCL Tech, Zee Ent, TCS, Adani Ports and Tech Mahindra 

Tuesday, 5 July 2016

TECHNICAL ANALYSIS OF WOCKPHARMA FOR 08 JULY

FUTURE:

“BUY wockpharma ABOVE 965 TGT 975/990”

“SELL wockpharma BELOW 955 TGT 945/930”

DAILY CHART FOR wockpharma:
Sensex ended with a loss of 112 points at 27,167. The Sensex opened at 27,341 touched an intra-day high of 27,349 and low of 27,127.The Nifty closed with a loss of 35 points at 8,336. The Nifty opened at 8,379 hitting a high of 8,381 and low of 8,320. Indian Stock Market would open flat with negative bias. Technically, Indian Stock Market is still in positive zone. Some consolidation would be seen at this point of time and index may see some minor correction as well before moving further positive. Overall Market would remain positive but some temporary correction may be seen which would be an opportunity for traders to go long.
TOP GAINERS: Adani Ports, RIL, Tata Steel, SBI, ONGC, HDFC and Coal India 
TOP LOSERS:  Tata Motors, GAIL, Asian Paints, Bharti Airtel and NTPC

Monday, 4 July 2016

TECHNICAL ANALYSIS OF BANKBARODA FOR 05 JULY

FUTURE:

BUY BANKBARODA ABOVE 162 TGT 164/166”

“SELL BANKBARODA BELOW 158 TGT 156/153”

Sensex ended with a gain of 134 points at 27,279. The Sensex opened at 27,314 touched an intra-day high of 27,385 and low of 27,251.The Nifty closed with a gain of 42 points at 8,371. The Nifty opened at 8,377 hitting a high of 8,398 and low of 8,365. A strong closing once again from the indices, however there was a late profit booking observed in many large cap names, notably looking at the pace of the last 5 days of straight momentum,I believe that the next key resistance for Nifty is at 8500-8550 mark and support from a very short term view could be upped at 8250 mark.
TOP GAINERS: BHEL, Adani Ports, Tata Mootors DVR, ICICI Bank, ONGC,Tata Motors
TOP LOSERS: ITC, Bosch, Kotak Mahindra Bank, IndusInd Bank and Grasim Industries

Friday, 1 July 2016

WEEKLY TECHNICAL ANALYSIS OF MARUTI

LAST WEELY RECOMMENDATION:
IN BULLISH MOMENTUM: STAR ROCKSS ALL HIT TGT 1100 MADE HIGH OF 1210
LOT SIZE: 500
DAILY TOTAL PROFIT: 35000 IN JUST TWO LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
DAILY CHART FOR STAR:
FUTURE:

“BUY MARUTI ABOVE 4200 TGT 4250/4350”

“SELL MARUTI BELOW 4140 TGT 4100/4050”

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 4200 as the stock is managing to sustain above the level of 4250. One may get the targets of 4300,4350 in the stock with the stop loss of 4140.