TECHNICAL ANALYSIS OF KOTAKBANK & DAILY CHART

YESTERDAY’S  TATAMOTORS FUTURE  IS ON FIREEEE !!!!!!!!! HIT FINAL TGT OF 395

FUTURE :

“BULLISH KOTAKBANK ABOVE  716 TGT  722/730”

“BEARISH KOTAKBANK BELOW 706  TGT 696/690”

DAILY CHATS

KOTAKBANK-1M Dailylevels generated based on 2015-08-07 data for the next trading day.

Level Type	R4	R3	R2	R1	BULL	LOC	BEAR	S1	S2	S3	S4
LEVELS	730	722	718	715	712	709	706	703	700	696	689

KOTAKBANK-1M Weekly levels generated for the week starting from 2015-08-03

Level Type	R4	R3	R2	R1	REVERSAL	BULL	LOC		BEAR	REVERSAL	S1	S2	S3	S4
Weekly Levels	752	743	727	717	705	702	699	696		692	680	670	661	655

 Simple Moving Averages

Days	BSE	NSE
30	712.44	712.19
50	696.06	695.99
150	681.85	681.86
200	657.40	657.42

PROFIT SUMMARY FOR 07-AUGUST-2015

The Sensex ended at 28236, down 61  points while the Nifty was at 8564, down 24 points. About 1379 shares  advanced, 1545 shares declined, and 152 shares are unchanged. BHEL lost 6 percent. ONGC, Tata Motors, Vedanta, Hindalco and Sun Pharma are top gainers while Coal India, SBI, Bajaj Auto and NTPC were among losers in the Sensex. Tata Motors on Friday its net profit for the June quarter dropped 49 % on an annual basis to Rs 2769 crore, largely on account of lower sales volumes for Jaguar and Land Rover (JLR) in China. And Auto major Tata Motors also ended higher by more than 2% ahead of the quarterly results scheduled later in the day. M&M, however, surrended its early gains to end lower by 0.4% at Rs 1387 after posting a 3.4% decline in net profit for the quarter ended June 30, 2015 due to lack of new products in the passenger vehicle space and drastic fall in demand for tractors. Nestle bounced back by nearly 1% at Rs 6,552. The stock had plunged by nearly 5% in the previous session on the news that food regulator FSSAI had trashed all-clear reports from two of its empanneled labs to Maggi noodles.