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Wednesday, 30 November 2016

SENSEX GAINS 258 POINTS, NIFTY ENDS ABOVE 8200

The Sensex ended with a gain of 258 points at 26652. The benchmark indices opened at 26441, touched an intra-day high of 26680 and low of 26395.The  Nifty closed 82 points higher at 8,224. It opened at 8,172 points, hitting a high of 8,234 and low of 8,139.
Technically, While 8,280 region is where averages meet, and is expected to force a turn lower, retracement figures from September peak and November peak suggest that a turn lower could evolve earlier than that. Such a move should call for 8,070 initially and then 7,800. Alternatively, direct rise above 8,280 could open room for 8,380 or even 8,580 in an optimistic scenario. The Indian stock market rallied to a near 3-week high as a gauge of lenders snapped its two-day losing streak and automakers extended their rally. The key benchmark extended their gains in the late afternoon session and was hovering near the highest point of the day amid higher opening among European counterparts. Sentiments remained upbeat on expectations of positive Gross Domestic Product (GDP) data to be released later in the day.
 TOP GAINERS:  ICICI Bank, Maruti Suzuki, Ambuja Cement, Yes Bank, Ultra Cement
TOP LOSERS:  Idea, Lupin, GAIL, Reliance, Zee Entertainment, Cipla, Tata Motors


Tuesday, 29 November 2016

TRADE IDEA ON STAR FUTURE FOR 30 NOV 2016

“BUY STAR ABOVE 1110 TGT 1125/1150”
FOR MORE  CALLS FILL UP THE FORM GIVEN HERE>>>>>
Primary trend of the stock is bullish and It is expected to continue the bull run with the crossing of the resistance level of 1110, as the stock is sustaining above its 200 &55 days moving averages. One may initiate the long position above the mentioned level for the targets of 1125/1150 and with the strict stop loss of 1085.
Sensex trims gains to settle flat ahead of Q2 GDP data
The  Sensex ended with a gain of 44 points at 26394.01. The indices opened at 26408., touched an intra-day high of 26587. and low of 26354..The  Nifty closed 15 points higher at 8142. points. It opened at 8,131. points, hitting a high of 8,197. and low of 8,128. The Sensex closed the day at 26,394, up 44 points, while the Nifty ended at 8,142, up 15 points. The immediate target for the Nifty is seen at 8,020-8,050 on the lower side and 8,250-8,182 on the higher side .
GDP data
Investors believe country's economy probably picked up steam in the July-September quarter on strong demand, but Prime Minister Narendra Modi's surprise demonetisation move this month will likely dent growth in coming months. A Reuters poll today said country's GDP may have expanded 7.5% in July-September quarter from the same period a year ago, accelerating from a 15-month low of 7.1% in the April-June quarter. Fitch Ratings, meanwhile, lowered country's GDP growth forecast for this fiscal year to 6.9% from 7.4%, there will be "temporary disruptions" to economic activity post demonetisation.
TOP GAINERS:   Eicher Motors, Idea Cellular, Bosch, Maruti, GAIL, M&M, Asian Paint 
TOP LOSERS:  Hindalco, Axis Bank, Sun Pharma, BPCL, ITC, TCS, Bank of Baroda



Monday, 28 November 2016

WEEKLY RECOMMENDATION UPDATE:

HINDPETRO HIT TGT 470 MADE HIGH OF 482.40
WEELY TOTAL PROFIT: 68040 IN JUST ONE LOT
FOR MORE CALLS FILL UP THE FORM GIVEN HERE>>>>>
Sensex ends marginally up; Nifty50 holds above 8,100 
The  Sensex ended with a gain of 34 points at 26,350. The indices opened at 26,304, touched an intra-day high of 26,414 and low of 26,183.The Nifty closed 13 points higher at 8,127 points. it opened at 8,081 points, hitting a high of 8,147 and low of 8,067. After a volatile session, the Indian stock market ended flat on Monday. The domestic market traded on a flat note during the mid-afternoon session .Banking stocks recovered after falling up to 4% following RBI’s cash reserve ratio (CRR) hike on incremental deposits.Sentiments got some support with Fitch Ratings’ latest statement that it expects India's GDP growth trend to be higher than China's in the medium term despite demonetisation. Some support also came after the RBI Governor Urjit Patel said that all necessary actions are being taken to 'ease the genuine pain of citizens' who are honest and who have been hurt.Technically, A strong break below 8100 will increase the downside pressure and drag it to 8000/7950. Traders can go short on a break below 8100.On the other hand, a decisive break above 8200 will ease the downside pressure and take the index futures higher to 8250 and 8350 .
TOP GAINERS:  Bharti Airtel, Tata Power, Zee, Idea Cellular, Adani Ports, Bosch, ONGC
TOP LOSERS:  Bank of Baroda, SBI, IndusInd Bank, Yes Bank, ICICI Bank and M&M


Friday, 25 November 2016

WEEKLY TRADE IDEA ON SRF FUTURE FOR 28 NOV-02 DEC 2016

“BUY SRF ABOVE 1530 TGT 1560/1580”
“SELL SRF BELOW 1470 TGT 1440/1400”
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 1530 as the stock is managing to sustain above the level of 1550. One may get the targets of 1560,1580 in the stock with the stop loss of 1470.
Fantastic Friday! Nifty reclaims 8,100 mark, Sensex surges 456 points
Sensex which opened at 25,953.24 points, closed at 26,316, up 456 points or 1.76% from the previous close at 25,860.17 points. The Sensex touched a high of 26,244 points and a low of 25,874.45 points during the intra-day trade so far.The NSE Nifty closed with a gain of 142 points at 8,107. The Nifty opened at 8,008 hitting a high of 8,122 and low of 7,977.Technically, A close above the 8000-8050 zone would boost bullish sentiment, experts said. On the downside, the Nifty50 has meaningful support near the 7,920 and 7,880 levels, but it needs to cross and hold above the 8,050 level to get a confirmation of trend reversal after a sharp drop over the past five weeks.
TOP GAINERS: Tech Mahindra, TCS, Infosys, HCL Tech and Sun Pharma
TOP LOSERS:  ACC, Bharti Infratel, Bajaj Auto, Eicher Motors and Bharti Airtel


Thursday, 24 November 2016

SENSEX SINKS 192 POINTS; NIFTY50 SETTLES NOVEMBER F&O SERIES AT 7965

Equity indices, Sensex and Nifty50, snapped a two-day winning streak on Thursday after the rupee fell to a record low, dampening market sentiment. The Sensex lost 240.84 points or 0.92% at the day's low of 25,810.97 in afternoon trade, its lowest level since 22 November 2016. The barometer index shed 2.67 points or 0.01% at the day's high of 26,049 in opening trade. The Nifty lost 80 points or 1% at the day's low of 7,952. in late trade, its lowest level since 22 November 2016.
Technically, The Nifty50 remained in the grip of the bears for most part of the trading session on Thursday as the November series futures and options contracts expired. The bulls tried to make a comeback, but selling pressure pushed the index below the 8,000 mark, which resulted in a bearish candle on the daily candlestick charts. Formation of two Hammer patterns on the daily charts suggested a reversal. But, as suggested, a Hammer pattern requires a confirmation by a way of long white day or long bullish candle in the very next session. If we ignore price action of the last 30 minutes, then the benefit of the doubt goes to the bulls. On the first day of the new series, if the Nifty50 closes above 8,000, then

Wednesday, 23 November 2016

TRADE IDEA ON MOTHERSUMI FUTURE FOR 24 NOV 2016

“BUY MOTHERSUMI ABOVE 300 TGT 308/315”
FOR MORE CALLS FILL UP THE FORM GIVEN HERE>>>>>

Primary trend of the stock is bullish and It is expected to continue the bull run with the crossing of the resistance level of 300, as the stock is sustaining above its 200 days moving averages in short term charts. One may initiate the long position above the mentioned level for the targets of 308/315 and with the strict stop loss of 290.
Nifty settles above 8000
The Sensex rose 91 points or 0.35% to settle at 26,051, its highest closing level since 18 November 2016. The index rose 169 points or 0.65% at the day's high of 26,130. The index lost 83 points or 0.32% at the day's low of 25,877.The Nifty rose 31 points or 0.39% to settle at 8,033., its highest closing level since 18 November 2016. The index rose 52.points or 0.66% at the day's high of 8,055. The index lost 29.20 points or 0.36% at the day's low of 7,973.With dollar regaining strength, and with FII selling persisting, stocks failed to add much to Tuesday’s short covering rally.several states suggesting changes in the model GST law and compensation formula, the GST Council meeting scheduled for November 25 has been postponed to December 2-3
TOP GAINERS:  Lupin, Hindalco, Asian Paints, Tata Steel, Bosch and L&T
TOP LOSERS:  M&M, HDFC, Bank of Baroda, Maruti, Gail, BPCL

Tuesday, 22 November 2016

SENSEX ENDS 200 POINTS HIGHER, NIFTY RECLAIMS 8,00

Sensex reclaimed the 26,000-mark by rising over 260 points and the Nifty regained the key 8,000-level in early trade today, after six days of losses, on widespread buying amid firm Asian cues. The market turned positive after six consecutive days of fall, the positive traction in global market and short covering ahead of expiry providing an interim relief. However, investors are not completely inclined to place a fresh bet due to the cloudy concerns of demonetization and the strengthening dollar. The indices bounced back from 6-month lows with Sensex snapping it’s six-session long losing streak to reclaim its 26,000 levels during early morning trade, rising as much as 274 points. 
                                          Technically, A strong break below 7940 will increase the downside pressure and drag it to 7900/7850. Traders can go short on a break below 7940.On the other hand, a decisive break above 8100 will ease the downside pressure and take the index futures higher to 8200 and 8250.
TOP GAINERS:  Hindalco, Bajaj Auto, Hero Motors, HDFC, HUL
TOP LOSERS:  BHEL, L&T, Gail, Dr. Reddy 

Monday, 21 November 2016

TRADE IDEA ON ZEEL FUTURE FOR 22 NOV 2016

“SELL ZEEL BELOW 430 TGT 410/400”
FOR MORE  CALLS FILL UP THE FORM GIVEN HERE>>>>>
Primary trend of the stock is bearish and it is likely to show correction with the breach of the support level of 430, where one may initiate the short position in it for the targets of 400,380 while stop loss can be placed at 480. Currently it has formed reversal pattern on the short term charts and trading below the resistance level of 450.Breakout of its resistance level may show recovery in it where traders can expect targets of 480 and 500 while major support of 320 can be placed as technical stop loss.
Nifty shuts below 8,000 mark
The benchmark Sensex ended lower for the sixth straight session. The Sensex lost 385 points or 1.47% to settle at 25,765, its lowest closing level since 24 May 2016. The index rose 120. points or 0.45% at the day's high of 26,270. The index lost 432.31 points or 1.65% at the day's low of 25,717.The Nifty fell 145 points or 1.8% to settle at 7,929, its lowest closing level since 24 May 2016. The index rose 28.35 points or 0.35% at the day's high of 8,102. The index lost 157 points or 1.95% at the day's low of 7,916. Technically, A strong break below 7950 will increase the downside pressure and drag it to 7900/7850. Traders can go short on a break below 7950.On the other hand, a decisive break above 8100 will ease the downside pressure and take the index futures higher to 8200 and 8250. 
TOP GAINERS:  Wipro, TCS, ONGC, Reliance and Hero
TOP LOSERS:  SBI, Tata Steel, PowerGrid, Maruti, Tata Motors and Mahindra & Mahindra


Friday, 18 November 2016

WEEKLY TRADE IDEA ON HINDPETRO FUTURE FOR NOV 2016

YESTERDAY’S RECOMMENDATION:
GLENMARK HIT ALL TGT 900 MADE HIGH OF 903.50

DAILY PROFIT: 14000 IN JUST TWO LOT
WEELY RECOMMENDATION UPDATE:
ZEEL  HIT TGT 450 MADE LOW OF 442.90
WEELY TOTAL PROFIT: 96460 IN JUST TWO LOT
BUY HINDPETRO ABOVE 450 TGT 470/490”
FOR MORE CALLS FILL UP THE FORM GIVEN HERE>>>>>
Primary trend of the stock is bullish and It is expected to continue the bull run with the crossing of the resistance level of 466, as the stock is sustaining above its 200 and 50,22 days moving averages. One may initiate the long position above the mentioned level for the targets of 490/500 and with the strict stop loss of 420.
Sensex trades flat, Nifty below 8,100
Sensex closed down 77 points, or 0.30%, at 26,150.24. The  Sensex opened at 26,270, touched an intra-day high of 26,349 and low of 26,118.The Nifty closed with a loss of mere six points at 8,074. The Nifty opened at 8,097 hitting a high of 8,129 and low of 8,048.Technically,

Thursday, 17 November 2016

TRADE IDEA ON GLENMARK FUTURE FOR 18 NOV 2016

“BUY GLENMARK ABOVE 890 TGT 895/900”
FOR MORE  CALLS FILL UP THE FORM GIVEN HERE>>>>>
Primary trend of the stock is bullish and It is expected to continue the bull run with the crossing of the resistance level of 890, as the stock is sustaining above its 200 days moving averages. One may initiate the long position above the mentioned level for the targets of 895/900 and with the strict stop loss of 880.
Nifty shuts below 8,650 mark
Sensex ended with a loss of mere 71 points at 26,228. The  Sensex opened at 26,305, touched an intra-day high of 26,450 and low of 26,155.The Nifty closed with a loss of 32 points at 8,080. The Nifty opened at 8,105 hitting a high of 8,151 and low of 8,060. The domestic market fell for the fourth straight session as lenders pared most of their early gains to close lower along with software exporters while select energy and auto stocks made a comeback ahead of US Federal Reserve Chair Janet Yellen's testimony to the US Congress today. Shares swung between gains and losses during the day with Sensex rising as much as 150 points in early trade but it later pared gains and fell more than 100 points in the intra-day trade. Nifty50 also breached its crucial 8,100 level during the day. Technically, A strong break below 8050 will increase the downside pressure and drag it to 8000/7950. Traders can go short on a break below 8050.On the other hand, a decisive break above 8500 will ease the downside pressure and take the index futures higher to 8600 and 8700. 
TOP GAINERS: Tata Motors, Hindalco, Tata Motors DVR, Power Grid, GAIL, BHEL

TOP LOSERS:  Ambuja Cement, Bharti Airtel, Zee, TCS, ACC and Asian Paints



Monday, 14 November 2016

WEEKLY TRADE IDEA ON ZEEL FUTURE

LAST RECOMMENDATION UPDATE: GIVEN ON 04 NOV

JUSTDIAL  HIT TGT 350 MADE LOW OF 346.55
LOT SIZE: 800
DAILY TOTAL PROFIT: 32000 IN JUST TWO LOT
 “SELL ZEEL BELOW 480 TGT 450/400”
FOR MORE ROCKING CALLS FILL UP THE FORM GIVEN HERE>>>>>
Primary trend of the stock is bearish and 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 450, while stop loss can be placed at 500. Currently it has formed reversal pattern on the short term charts and trading below the resistance level of 500.Breakout of its resistance level may show recovery in it where traders can expect targets of 520 and 540 while major support of 380 can be placed as technical stop loss. One may initiate the long position above the mentioned level for the targets of 520 and with the strict stop loss of 380. 
Nifty shuts below 8,650 mark
The Indian markets would remain shut on Monday, November 14, 2016 on account of 'Guru Nanak Jayanti'. All the wholesale commodity markets, including bullion and metal, are closed on Monday. Trading in the Indian markets would resume on Tuesday, November 15, 2016.Markets closed the session on a lower note amid volatile trading session. Sensex ended with a loss of 54 points at 27,877. The Sensex opened at 27,966 touched an intra-day high of 28,030 and low of 27,846. Sensex ended today’s trading with a loss of 699 points at 26,819. It opened at 27,345, touched an intra-day high of 27,345 and low of 26,777. The  Nifty closed

Friday, 4 November 2016

WEEKLY TRADE IDEA ON JUSTDIAL FUTURE FOR 07-11 NOV 2016

LAST RECOMMENDATION UPDATE: GIVEN ON 28 OCT

COLPAL  HIT ALL TGT 1015 MADE HIGH OF 1031.90
LOT SIZE: 700
DAILY TOTAL PROFIT: 56000 IN JUST TWO LOT
 “SELL JUSTDIAL ABOVE 370 TGT 350/340”
FOR MORE CALLS FILL UP THE FORM GIVEN HERE>>>>>
Primary trend of the stock is bearish and it is likely to show correction with the breach of the support level of 370, where one may initiate the short position in it for the targets of 350, while stop loss can be placed at 380. Currently it has formed reversal pattern on the short term charts and trading below the resistance level of 380.Breakout of its resistance level may show recovery in it where traders can expect targets of 390 and 400 while major support of 350 can be placed as technical stop loss.One may initiate the long position above the mentioned level for the targets of 400 and with the strict stop loss of 350.
Nifty shuts below 8,650 mark
Sensex ended with a loss of 156 points at 27,274. The Sensex opened at 27,466 touched an intra-day high of 27,499 and low of 27,194.The Nifty closed with a loss of 51 points at 8,434. The Nifty opened at 8,503.60 hitting a high of 8,504 and low of 8,400. On the economic front, Traders were unable to find any comfort with reports that in a major breakthrough for rollout of the Goods and Services Tax regime from April 1 next year, the GST council yesterday, 3 November 2016 approved four main tax slabs 5%, 12%, 18% and 28% under a proposed Goods and Services Tax (GST). While there will be two standard tax rates – 12% and 18% - under the GST, half of the items in the consumer price index would not be taxed at all to safeguard the interests of the poor.
TOP GAINERS:  ITC, HUL, Adani Ports, Cipla, GAIL and ICICI Bank
TOP LOSERS:  Sun Pharmaceuticals, Dr Reddy's, Lupin, L&T and Maruti Suzuki


Thursday, 3 November 2016

NIFTY SETTLES ABOVE 8,500 MARK NEARING 4 MONTH LOW

Sensex ended with a loss of 97 points at 27,430. The Sensex opened at 27,518 touched an intra-day high of 27,601 and low of 27,399.The Nifty closed with a loss of 29 points at 8,485. The Nifty opened at 8,499.85 hitting a high of 8,538 and low of 8,476. Today’s decline was led by the oil & gas, realty, healthcare, energy, consumer durables, capital goods, metal, auto and banking stocks, while telecom and FMCG stocks were among the gainers on the BSE.Technically A strong break (close)below 8500 will increase the downside pressure and drag it to 8400,8300. Traders can go short on a break below 8500 with a stop-loss at 8700 for the target of 8400.
TOP GAINERS:  ICICI Bank, Tata Steel, Cipla, Hero MotoCorp, Dr Reddy's and RIL
TOP LOSERS:  ONGC, Bharti Airtel, M&M, Wipro and Sun Pharmaceuticals

Wednesday, 2 November 2016

TRADE IDEA ON M&M FUTURE FOR 03 NOV 2016

LAST RECOMMENDATION UPDATE: GIVEN ON 28 OCT

M&M  HIT ALL TGT 1375 MADE HIGH OF 1389.45
LOT SIZE: 500
DAILY TOTAL PROFIT: 50000 IN JUST TWO LOT
 “BUY M&M ABOVE 1375 TGT 1390/1415”
FOR MORE ROCKING CALLS FILL UP THE FORM GIVEN HERE>>>>>
Primary trend of the stock is bullish and It is expected to continue the bull run with the crossing of the resistance level of 1375, as the stock is sustaining above its 200 and 50,22 days moving averages. One may initiate the long position above the mentioned level for the targets of 1390/1415 and with the strict stop loss of 1350.
Nifty shuts below 8,650 mark
Indices ended over 1% lower on Wednesday, tracking a sell-off in global markets, amid growing uncertainty over the US elections and the Fed's stance on interest rates at its two-day meet which concludes later today. Sensex ended with a loss of 349 points at 27,572. While, the  Nifty closed with a loss of 108 points at 8,518. The decline was led by oil & gas, pharma, energy, realty, banking, capital goods, auto and industrial stocks. Even the midcap and smallcap stocks were not spared.
TOP GAINERS: M&M, Bharti Infratel, IndusInd Bank, HUL, NTPC and Axis Bank
TOP LOSERS: ONGC, Tata Motors DVR, Bank of Baroda, BHEL, Tata Motors, Yes Bank

Tuesday, 1 November 2016

TRADE IDEA ON TATACHEM FUTURE FOR 02 NOV 2016

LAST RECOMMENDATION UPDATE: GIVEN ON 27 OCT

ARVIND  HIT ALL TGT 420 MADE HIGH OF 424.90
LOT SIZE: 2000
DAILY TOTAL PROFIT: 40000 IN JUST TWO LOT
 “BUY TATACHEM ABOVE 554 TGT 560/568”
FOR MORE ROCKING CALLS FILL UP THE FORM GIVEN HERE
Primary trend of the stock is bullish and It is expected to continue the bull run with the crossing of the resistance level of 555, as the stock is sustaining above its 200 and 50,22 days moving averages. One may initiate the long position above the mentioned level for the targets of 560/570 and with the strict stop loss of 539.
Nifty shuts below 8,650 mark
Markets closed the session on a lower note amid volatile trading session. Sensex ended with a loss of 54 points at 27,877. The Sensex opened at 27,966 touched an intra-day high of 28,030 and low of 27,846.The Nifty closed with a gain of a mere one point at 8,626. The Nifty opened at 8,653 hitting a high of 8,670 and low of 8,614. Nifty50 has found a strong support at 8,500 but the breaching of which will start a long spell of sideways movement with downward bias. However, market is also likely to face strong resistance at 8,800 and 8,900 on the upper side. The long term strength of the market is intact. Buy on dips and fresh longs can be entered at current levels with stop below 8,500 .
TOP GAINERS:  Eicher Motors, Hindalco, Tata Steel, NTPC, HDFC, Bharti Infratel 
TOP LOSERS:  Axis Bank, Sun Pharmaceuticals, Kotak Bank, Cipla, Zee,Tech Mahindra