Friday, April 8, 2016

WEEKLY TECHNICAL ANALYSIS OF WOCKPHARMA FOR 11 APRIL 2016

FUTURE :
“BUY WOCKPHARMA ABOVE 1000 TGT 1020/1050”
WEEKLY CHART FOR YESBANK:
LAST RECOMMENDATION UPDATE: GIVEN ON 07 APRIL 2016:
YESBANK IS ON FIREEEEEEEEEEEEEE!!!!!!!!!!!!
IN BULLISH MOMENTUM: HIT TGT 855 GIVEN BUY AT 850
LOT SIZE: 700                                                                            
TOTAL PROFIT: 7000 IN JUST TWO LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
The Sensex ended with a loss of 12 points at 24,674. The Sensex opened at 24,666 touched an intra-day high of 24,736 and low of 24,609.The Nifty closed with a gain of nine points at 7,555. The Nifty opened at 7,542 hitting a high of 7,569 and low of 7,527. After a consolidation, equity benchmarks ended the Friday's session on a flat note but lost 2 percent during the week. The broader markets outperformed on the back of positive breadth. Banks and infra stocks gained while IT and select auto & oil stocks were down. Bank Nifty plunged 3.4 percent as the Reserve Bank of India cut repo rate only by 25 basis points, which was on expected lines. Profit booking could also be the reason as benchmarks rallied 10 percent in March, driven by FII inflows.
TOP GAINERS: NTPC, BHEL, Tata Power, Tech Mahindra, GAIL, Grasim, ACC, Eicher Motors and Yes Bank
TOP LOSERS: TCS, Hero MotoCorp, Maruti Suzuki, Infosys and Axis Bank

Thursday, April 7, 2016

TECHNICAL ANALYSIS OF YESBANK FOR 8 APRIL 2016

FUTURE :
“BUY YESBANK ABOVE 850 TGT 855/865”
“SELL YESBANK BELOW 830 TGT 822/815
DAILY CHART FOR YESBANK:
The Sensex ended with a loss of 215 points at 24,685 The Sensex opened at 24,998 touched an intra-day high of 25,013 and low of 24,647.The Nifty closed with a loss of 68 points at 7,546. The Nifty opened at 7,630 hitting a high of 7,631 and low of 7,536. The Sensex dropped 215.21 points to 24685.42 and the Nifty fell 67.90 points to 7546.45. The market breadth also turned negative in last hour of trade as about 1448 shares declined against 1107 advancing shares on Bombay Stock Exchange. 
TOP GAINERS: Dr.Reddy's, Lupin, Sun Pharma, Axis Bank, ONGC, Cipla and Coal India
TOP LOSERS: Maruti Suzuki, HDFC, Adani Ports, Infosys, ITC, L&T, Bajaj-Auto and Asian Paints 

Wednesday, April 6, 2016

YESTERDAY'S UPDATE OF UPL

LAST RECOMMENDATION UPDATE: GIVEN ON 05 APRIL 2016:
UPL IS ON FIREEEEEEEEEEEEEE!!!!!!!!!!!!
IN BEARISH MOMENTUM: HIT FINAL TGT 450 GIVEN SELL AT 460
LOT SIZE: 1000                                                                            
TOTAL PROFIT: 20000 IN JUST TWO LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
DAILY CHART FOR UPL:
The Sensex ended with a gain of 17 points at 24,901. The Sensex opened at 24,979 touched an intra-day high of 25,001 and low of 24,834.The  Nifty closed with a gain of 11 points at 7,614. The Nifty opened at 7,736 hitting a high of 7,639 and low of 7,592.After plunging almost by 2% in the previous trading, the Indian equity market eked out modest gains on Wednesday. Nifty just managed to sustain above the 7600 while Sensex was just shy of the 25000 mark. Market had fallen sharply after the Reserve Bank of India announced a 25bps cut in repo rate on April 5, 2015 which was in line with market expectations. Tata Steel jumped 5.2% to Rs.328.45 after the British government opened talks on Tuesday with potential buyers for the company’s UK operations. NMDC climbed 3.9% to Rs.101.55 after the company increased the prices of its Iron Ore with effect from April 4, 2016. The Lump ore price has been fixed at Rs. 2,100 WMT while price of Fines has been fixed at Rs 1,860.
TOP GAINERS: Tata Steel, Hindalco, UltraTech Cement, ACC, Eicher Motors, Grasim and Tata Motors DVR
TOP LOSERS: Bosch, Tech Mahindra, Infosys, Axis Bank, ICICI Bank, Adani Ports and Aurobindo Pharma


Tuesday, April 5, 2016

RBI rate cut fails to cheer market…

FUTURE :
“BUY UPL ABOVE 470 TGT 475/480”
“SELL UPL BELOW 460 TGT 455/450
DAILY CHART FOR UPL:
The Sensex and Nifty slipped after the central bank at its monetary policy review reduced the policy rate by 25 basis points to 6.5%. The Sensex ended with a loss of 516 points at 24,883. The BSE Sensex opened at 25,372 touched an intra-day high of 25,372 and low of 24,837.The Nifty closed with a loss of 156 points at 7,603. The Nifty opened at 7,736 hitting a high of 7,736 and low of 7,603. After being stuck in a trading range in the previous week, the Indian equity market fell sharply as RBI’s rate cut failed to cheer sentiment on Dalal Street. In its first monetary policy review for the financial year 2016-17, the Reserve Bank of India announced a 25bps reduction in the repo rate which was in line with market expectations.
TOP GAINERS: BPCL, HCLTech, PowerGrid, Lupin, HDFC, Dr.Reddy's, Hero MotoCorp ,Aurobindo Pharma 
TOP LOSERS: Adani Ports, ICICI Bank, SBI, Bharti Airtel, Tata Motors DVR and Bank of Baroda 

Monday, April 4, 2016

Sensex gains 130 pts ahead of RBI policy

LAST RECOMMENDATION UPDATE: GIVEN ON 31 MAR 2016:
ZEEL IS ON FIREEEEEEEEEEEEEE!!!!!!!!!!!!
IN BULLISH MOMENTUM: HIT FINAL TGT 395 MADE HIGH OF 396.50 GIVEN BUY AT 390
LOT SIZE: 1300                                                                            
TOTAL PROFIT: 13000 IN JUST TWO LOT
FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
DAILY CHART FOR ZEEL:
The Sensex ended with a gain of 130 points at 25,400. The Sensex opened at 25,334 touched an intra-day high of 24,419 and low of 25,223. The Nifty closed with a gain of 46 points at 7,759. The Nifty opened at 7,733 hitting a high of 7,764 and low of 7,704. March series saw Bulls making a terrific comeback as the indices registered massive gains of around 11%. It provided a big relief to the Bulls who are now looking forward to the RBI Credit Policy next week. The expectations have been built up as the Government has stuck to its Fiscal Discipline roadmap and Inflation has been moderated. Given this backdrop, the market has already discounted a 25 bps cut in interest rate. Anything above this will surprise the market and will push the market higher. But the more likely scenario is a rate cut of 25bps, which will result in a sell-off and a short term top being registered.
TOP GAINERS: Bharti Airtel, M&M, Infosys, Dr.Reddy's, Tata Motors, Bajaj-Auto, Wipro 
TOP LOSERS: ITC, ONGC, Lupin, Axis Bank, Maruti Suzuki, HDFC, Coal India and SBI