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Wednesday, 31 May 2017

MARKET STILL IN CONSOLIDATION AND READY TO SEE A BIG MOVE ; TRADE WITH CAUTION


WEEKLY RECOMMENDATION UPDATE:

IGL hit tgt 1060 made low of 1078.90
NOW toatal profit 53790

GIVEN ON 29 MAY hit tgt 630
toatal intrady profit 36000

FOR LIVE MARKET CALLS FILL UP THE FORM GIVEN HERE>>>>>

Taking mixed cues from the Asian markets, the Nifty started the session almost on a flat note at 9,616. The Nifty remains volatile and recorded an intra-day low at 9,607 levels and an intra-day high at 9,641 levels. The contact could trade in the broad range between 9,600 and 9,630. As long as the contract trades in this range, traders should tread with caution and desist taking fresh positions. A strong breach on either side of this sideways range can give a near term direction for the contract. Technically, analysis would remain same and Indian Stock Market is still in positive zone. Market would continue to remain strong

Tuesday, 30 May 2017

TATASTEEL FUTURE TRADING TIP FOR 31 MAY 2017


YESTERDAY’S RECOMMENDATION UPDATE:
wockpharma near tgt 630 made low of 628
you can hold for tgt 630,650  
toatal intrady profit 26400
BUY TATASTEEL ABOVE 516 TGT 522/528 SL 505

Primary trend of the stock is bullish and is consolidating at the higher level after bullish move. It is expected to continue the bull run with the crossing of the resistance level of 516, as the stock is sustaining above its 200 and 22& 50 days moving averages with the RSI of 70. One may initiate the long position above the mentioned level for the targets of 530 and with the strict stop loss of 505.on the other side it is likely to show correction with the breach of the support level of 505, where one may initiate the short position in it for the targets of 490,480 while stop loss can be placed at 520.
DAILY CHART FOR TATASTEEL



Monday, 29 May 2017

STOCK FUTURE TRADING TIP FOR 30 MAY 2017


BUY WOCKPHARMA ABOVE 600 TGT 630/650 SL 565

Wockpharma is looking weak on charts however it is accumulating above its major support level 550 and recently has given breakout of its previous major resistance level 600, now it has next resistance at the level of 650; it is likely to experience fresh buying with the crossing of mentioned level, where one may keep the targets of 630,650 in the stock with the stop loss of 565. Overall trend of the stock is bullish and after experiencing correction from the higher level. as it is managing to sustain below  its 22& 50 and 200 days moving averages with the RSI of 30. it is likely to show correction with the breach of the support level of 560, where one may initiate the short position in it for the targets of 540,530 while stop loss can be placed at 590.
DAILY CHART FOR WOCKPHARMA

Friday, 26 May 2017

WEEKLY STOCK FUTURE TRADING TIP


YESTERDAY’S RECOMMENDATION UPDATE:
MINDTREE hit tgt 548 made HIGH of 547.90
toatal intrady profit 18960

BUY IGL At 1030 TGT 1060/1090 SL 1000

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 1030 as the stock is managing to sustain above the level of 1000.  It is likely to continue the positive movement with the breakout of the pattern at the levels of 1030. as the stock is sustaining above its 50&22 days moving averages with the RSI of 54,  One may get the targets of 1060,1090 in the stock with the stop loss of 1000. Primary trend of the IGL  is bullish. Long term Support level seen on  charts at 909 AT 200 EMA .
DAILY CHART FOR IGL

Thursday, 25 May 2017

MINDTREE EXPECTED TO TRADE ON MAGICAL FIGURES 555


BUY MINDTREE ABOVE 540 TGT 548/555 SL 525

After showing correction from the higher level (799) since long term , now stock is trading in short term recovery phase for medium term, it is likely to continue the upside move in near term with the crossing of the resistance level of 550 as the stock is managing to sustain above the level of 530.  It is likely to continue the positive movement with the breakout of the pattern at the levels of 550. 22 and 55&200 days moving averages seen as supporte level with the RSI of 75,  One may get the long term targets of 570,600,750 in mindtree with the stop loss of 500. Thus the trend of the MINDTREE in the short term, medium term and even the long term timeframe continues to remain upwards.
DAILY CHART FOR mindtree

Wednesday, 24 May 2017

YESTERDAY’S RECOMMENDATION UPDATE:

GLENMARK hit tgt 635 made low of 627.75

toatal intraday profit 31150 in just 2 LOT


NIFTY Support: 9370-9336-9300

NIFTY Resistance: 9400-9450-9480-9500

market breadth, indicating overall TREND of market, remained negative

Technically, Indian Stock Market, including Nifty, Sensex and BankNifty are still in negative zone. We are into F&O Expiry week and we would see huge volatility ahead of F&O Expiry. Nifty has already breached its immediate support of 9380 levels. Some bounce can be seen from current levels but once Nifty breaches the levels of 9350, we would see some further downfall towards 9336-9300 levels. BankNifty possess some immediate support at 22500, breaching which, we would see some further slide in BankNifty. Overall, market is choppy and traders can go short at rally in the market. The downfall would not be very Deep, so keep booking profits continuously during the downside.

Tuesday, 23 May 2017

STOCK FUTURE TRADING TIP FOR 24 MAY 2017


SELL GLENMARK below 650 TG 635/620 SL 675


The GLENMARK is in downtrend  and is forming a continuation pattern in short term charts, it is likely to show correction with the breach of the support level of 647, where one may initiate the short position in it for the targets of 635,620 while stop loss can be placed at 675 .22&55 and 200 EMA seen as resistance levels on intraday charts .Today, Pharma stocks were the biggest losers with Nifty Pharma posting sixth consecutive session of loss. The sectoral index fell over 3% dragged by Sun Pharma, Aurobino Plarma and Cipla.

DAILY CHART FOR GLENMARK


Monday, 22 May 2017

STOCK FUTURE TRADING TIP 23 MAY 2017


BUY zeel ABOVE 518 TGT 525/535 SL 500

After showing correction from the higher level, now ZEEL 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 522 as the stock is managing to sustain above the level of 520.  It is likely to continue the positive movement with the breakout of the pattern at the levels of 525. 22 and 55 days moving averages seen as resistance level with the RSI of 48,  One may get the targets of 532,538 in the stock with the stop loss of 518. Primary trend of the ZEEL is bullish. Support level seen on  charts at 496 AT 200 EMA .
DAILY CHART FOR ZEEL

Friday, 19 May 2017

WEEKLY STOCK FUTURE TRADING TIP


YESTERDAY’S RECOMMENDATION UPDATE:
zeel hit tgt 507 made low of 506.15
toatal intrady profit 17810


BUY LUPIN ABOVE 1325 TGT 1345/1370 SL 1295

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 1325 as the stock is managing to sustain above the level of 1325 AT 22 EMA. One may get the targets of 1345,1370 in the stock with the stop loss of 1295. Primary trend of the LUPIN is bullish. Resistance level seen on intraday charts at 1375 as 55 EMA and 1470 as 200 EMA.
DAILY CHART FOR LUPIN

Thursday, 18 May 2017

STOCK FUTURE TRADING TIP FOR 19 MAY 2017


RECOMMENDATION UPDATE: GIVEN ON 15 MAY
lupin HIT TGT 1315 MADE HIGH OF 1321.90
TOTAL PROFIT: 21520 IN JUST 2 LOT
SELL ZEEL BELOW 513 TGT 507/500 SL 525

The stock is in downtrend  and is forming a continuation pattern in short term charts, it is likely to show correction with the breach of the support level of 513, where one may initiate the short position in it for the targets of 500, while stop loss can be placed at 525.22&55 EMA seen as resistance levels on intraday charts and 200 EMA seen as major support level at 495. below
DAILY CHART FOR ZEEL

Wednesday, 17 May 2017

TATASTEEL FUTURE TRADING TIP FOR 18 MAY


BUY  TATASTEEL ABOVE 495 TGT 505/515 SL 480

Primary trend of TATASTEEL  is bullish and it would be consolidating at the higher level after showing bullish movement today. but  It is expected to continue the bull run with the crossing of the resistance level of 500, 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 505,515 and with the strict stop loss of 480
DAILY CHART FOR TATASTEEL


Tuesday, 16 May 2017

YESTERDAY’S RECOMMENDATION UPDATE:


lupin near tgt 1315 made high of 1302.4 today ,hold lupin for full profit at final tgt 1330

Market Strong Until Nifty Holds 9375
Technically, Indian Stock Market is still in positive zone. Nifty would possess strong support near 9400 levels. Market would see reversal only if Nifty closes below 9375 levels. Market is ready for a big movement in either side. Some profit booking can’t be ruled out at this point of time as Nifty is near its major resistance levels. Technically, next target for Nifty is set to 9550-9575 but investors should consider booking partial profits at this point of time and hold remaining quantity with stoploss of 9375 levels for Nifty on closing basis. Fresh Short can only be initiated if Nifty closes below 9375 levels. 
The support for the Nifty is 9440-9400-9370-9350-9320 and the resistance to the up move is at 9580-9565-9550-9520-9500 levels.

Monday, 15 May 2017

STOCK FUTURE TRADING TIP FOR 16 MAY 2017


BUY LUPIN ABOVE 1295 TGT 1315/1330 SL 1265
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 1300 as the stock is managing to sustain above the level of 1300. One may get the targets of 1315,1350 in the stock with the stop loss of 1265. Primary trend of the LUPIN is bullish. first resistance level seen on  charts at 1326.
DAILY CHART FOR LUPIN
Go Short Only If Nifty Closes Below 9367, Until Then Hold Long
Technically, Nifty is still in positive zone. Nifty would enter into negative zone once it closes below 9367 levels .whereas BankNifty would enter into negative zone if it closes below

Friday, 12 May 2017

WEEKLY TECHNICAL VIEW ABOUT ZEEL FOR 15-19 MAY 2017


BUY ZEEL ABOVE 535 TGT 550/565 SL 510
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 535 as the stock is managing to sustain above the level of 530. One may get the targets of 550,565 in the stock with the stop loss of 510. Primary trend of the ZEEL is bullish. first resistance level seen on  charts at 550.
DAILY CHART FOR ZEEL
UPCOMING RESULTS NEXT WEEK:

Thursday, 11 May 2017

YESTERDAY’S RECOMMENDATION UPDATE:


zeel rocks ACHIEVED all TGT 540 

buy on dips with a stop-loss at 9,430
Nifty contract is gaining momentum. After recording a close above the psychological 9,400 mark on Wednesday, the contract opened with a gap-up today and has risen further.The outlook is bullish. Support is in the 9,440-9,430 region which can limit the downside during the day. Immediate resistance is at 9,470. A strong break above this hurdle can take the index futures higher to 9,500 or 9,525 going forward.Short-term traders can go long at current levels and can accumulate on dips near 9,445. Stop-loss can be placed at 9,430 for the target of 9,500. Revise the stop-loss higher to 9,470 as soon as the contract moves up to 9,490.The intraday outlook will turn negative only if the contract declines below 9,440. Such a fall can drag it to 9,425 and 9,400 thereafter.


Wednesday, 10 May 2017

YESTERDAY’S RECOMMENDATION UPDATE:


UPL move on our words ALMOST ACHIEVED TGT 830 
BUY zeel ABOVE 515 tgt 530/540 sl 500
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 524 as the stock is managing to sustain above the level of 520. One may get the targets of 530,540 in the stock with the stop loss of 500. Primary trend of the ZEEL  is bullish. first resistance level seen on charts at 530.
DAILY CHART FOR ZEEL
Markets end at all time highs; Nifty above 9,400 for the first time ever

Tuesday, 9 May 2017

TECHNICAL VIEW ABOUT UPL FOR 10 MAY 2017

BUY upl ABOVE 820 tgt 830/840 sl 808

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 820 as the stock is managing to sustain above the level of 800. One may get the targets of 830,840 in the stock with the stop loss of 808.It is likely to show correction with the breach of the support level of 800 where one may initiate the short position in it for the targets of 780,770. while stop loss can be placed at 830. Primary trend of the UPL  is bullish. first resistance level seen on charts at 827.
DAILY CHART FOR UPL:



Monday, 8 May 2017

TECHNICAL VIEW ABOUT WOCKPHARMA FOR 09 MAY 2017


BUY WOCKPHARMA Above 685 tgt 705/715 sl 660
READ MORE TO KNOW TECHNICAL BASIS :
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 685 as the stock is managing to sustain above the level of 685. One may get the targets of 705,720 in the stock with the stop loss of 660.It is likely to show correction with the breach of the support level of 660, where one may initiate the short position in it for the targets of 640,625. while stop loss can be placed at 690   Primary trend of the WOCKPHARMA  is bullish. first resistance level seen on charts at 700.
DAILY CHART FOR WOCKPHARMA:



Friday, 5 May 2017

WEEKLY STOCK FUTURE TRADING TIP FOR 08-12 MAY 2017


YESTERDAY’S RECOMMENDATION UPDATE:
IBULHSGFIN near tgt 1120 made high of 1112  
NOW TOTAL PROFIT: 27200 IN JUST 2 LOT
BUY MINDTREE ABOVE 502 tgt 515/535 sl 480
The MINDTREE is in bull run and Primary trend is also bullish and after giving breakout of its MONTHLY PIVORT POINT, 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 506 ; as the stock is managing to trade above its 22 and 55& 200 days moving averages with the RSI of 75, one may expect the targets of 515/535  in the stock if it manages to sustain above the immediate support level of 480.first resistance level seen as 200 EMA on charts at 506 .
                                                  DAILY CHART FOR MINDTREE:


Thursday, 4 May 2017

IBULHSGFIN FUTURE TRADING TIP FOR 05 MAY 2017


BUY IBULHSGFIN ABOVE 1095 tgt 1120/1135 sl 1070
The Primary trend of IBULHSGFIN  is bullish and after giving breakout of its MONTHLY resistance POINT 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 1100 ; as the stock is managing to trade above its 22 and 55& 200 days moving averages with the RSI of 78, one may expect the targets of 1130/1150  in the stock if it manages to sustain above the immediate support level of 1070.first resistance level seen on charts at 1115.
DAILY CHART FOR IBULHSGFIN:
Nifty Breaks The Range Of 9370 
Technically, analysis would still remain same and Indian Stock Market is still in positive

Wednesday, 3 May 2017

STOCK FUTURE TRADING TIP FOR 04 MAY 2017


buy tcs BELOW 2350 tgt 2370/2400 sl 2300

The Primary trend of the TCS  is bullish and after giving breakout of its MONTHLY PIVORT POINT 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 2350 ; as the stock is managing to trade above its 22 and 55& 200 days moving averages with the RSI of 45, one may expect the targets of 2450/2500  in the stock if it manages to sustain above the immediate support level of 2250.first resistance level seen on charts at 2400.
DAILY CHART FOR TCS:



Tuesday, 2 May 2017

STOCK FUTURE TRADING TIP FOR 03 MAY 2017


BUY ZEEL ABOVE 540 tgt 550/565 sl 525
The Double Bottom Reversal is a bullish reversal pattern found on candlestick charts. the pattern is made up of two consecutive troughs that are roughly equal, with a moderate peak in-between. Note that a Double Bottom Reversal on chart is completely different from Double Bottom Breakdown on chart.  Double Bottom Breakdowns on charts are bearish patterns that mark a downside support break.
                          The Primary trend of the ZEEL  is bullish and after giving breakout of its MONTHLY PIVORT POINT 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 540 ; as the stock is managing to trade above its 22 and 55& 200 days moving averages with the RSI of 55, one may expect the targets of 550/565  in the stock if it manages to sustain above the immediate support level of 530.first resistance level seen on charts at 550.
 DAILY CHART FOR ZEEL: