WEEKLY TECHNICAL ANALYSIS OF RELINFRA

LAST WEELY RECOMMENDATION:

IN BEARISH MOMENTUM: LUPIN HIT  TGT 1400  MADE LOW OF 1404.10

LOT SIZE: 300

WEEKLY TOTAL PROFIT: 27540 IN JUST TWO LOT

LAST DAILY RECOMMENDATION:

IN BULLISH MOMENTUM: MARUTI HIT  TGT 4225  MADE HIGH OF 4216

IN BEARISH MOMENTUM: MARUTI HIT  TGT 4120  MADE LOW OF 4120.1

LOT SIZE: 125

WEEKLY TOTAL PROFIT: 11500 IN JUST TWO LOT

FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>

DAILY CHART FOR RELINFRA:

FUTURE:

“BUY RELINFRA ABOVE 560 TGT 570/585”

“SELL RELINFRA BELOW 540 TGT 525/505”

Sensex ended with a loss of 128 points at 26,636. The Sensex opened at 26,723 touched an intra-day high of 26,972 and low of 26,621.The Nifty closed with a loss of 31 points at 8,172. The Nifty opened at 8,180 hitting a high of 8,266 and low of 8,163. "Markets exhibited a burst of volatility intraday on Friday, the indices rallied to the 8,300 levels after opening flat for the day, this upmove sharply reversed to take the markets lower for the day all the way to the 8,180 levels. This volatility is bound to cause a lot of churn wiping out a lot of the weak hands from the market. Global cues were largely weak Friday with the European indices selling off sharply intraday. Technically

TECHNICAL ANALYSIS OF MARUTI FOR 10 JUNE

LAST DAILY RECOMMENDATION:

IN BEARISH MOMENTUM: WOCKPHARMA HIT  945 TGT  MADE HIGH OF 941.70

LOT SIZE: 375

WEEKLY TOTAL PROFIT: 9975 IN JUST TWO LOT

FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>

DAILY CHART FOR WOCKPHARMA:

FUTURE:

“BUY MARUTI ABOVE 4200 TGT 4225/4255”

“SELL MARUTI BELOW 4150 TGT 4120/4090”

Buy Maruti Suzuki on dips:

Maruti Suzuki   has been a stock which has given phenomenal returns to investors over the last 18 months. The point is should this dip be used as a buying opportunity. Primary trend of the stock is bullish and is consolidating at the higher level. It is expected to continue the bull run with the crossing of the resistance level of 4200, 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 4250/4300.

TECHNICAL ANALYSIS OF WOCKPHARMA FOR 09 JUNE

LAST DAILY RECOMMENDATION:

IN BULLISH MOMENTUM: RELINFRA HIT  TGT 550 MADE HIGH OF 552.40

LOT SIZE: 1300

WEEKLY TOTAL PROFIT: 32240 IN JUST TWO LOT

FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>

DAILY CHART FOR WOCKPHARMA:

FUTURE:

“BUY WOCKPHARMA ABOVE 970 TGT 980/1000”

“SELL WOCKPHARMA BELOW 955 TGT 945/920”

The Sensex ended with a gain of 11 points at 27,021. The Sensex opened at 27,085 touched an intra-day high of 27,105 and low of 26,973.The Nifty closed with a gain of mere seven points at 8,273. The Nifty opened at 8,286 hitting a high of 8,289 and low of 8,252. After opening on a flat note, indices were stuck in a narrow trading range throughout the day clocking in minuscule gains. warn markets will see periodic profit-taking, especially ahead of key events this month, including the US Federal Reserve policy meeting next week and Britain's June 23 referendum on whether to leave the European Union. The Sensex and Nifty ended flat as investors booked profits on recent outperformers, but defence stocks rose after the United States recognised the country as a “major defence partner” during Prime Minister Narendra Modi's ongoing US visit.

MAKE USE OF DIPS TO INITIATE FRESH LONG POSITION

LAST DAILY RECOMMENDATION:

IN BULLISH MOMENTUM: YESBANK HIT TGT 1085 MADE HIGH OF 1082

LOT SIZE: 600

WEEKLY TOTAL PROFIT: 14400 IN JUST TWO LOT

FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>

DAILY CHART FOR RELINFRA:

FUTURE:

“BUY RELINFRA ABOVE 540 TGT 550/565”

“SELL RELINFRA BELOW 520 TGT 510/495”

Sensex ended with a gain of 232 points at 27,010. The Sensex opened at 26,834 touched an intra-day high of 27,083 and low of 26,829.53.The Nifty closed with a gain of 65 points at 8,266. The Nifty opened at 8,236 hitting a high of 8,295 and low of 8,216. Technically, The Nifty futures started the session with a gap-up opening at 8,266. After some initial selling pressure, the contract found support at 8,230 and bounced back strongly. Markets took cues from the RBI's policy meeting in which it kept its policy rate unchanged at a five-year low of 6.5 per cent and started to trend upwards. With continued buying interest, the contract has surpassed key resistance at 8,300 and recorded an intra-day high at 8,313 levels. Short-term

NIFTY FAILS TO CLOSE ABOVE 8250,SLUGGISHNESS ON DAILY CHARTS

FUTURE:

“BUY YESBANK ABOVE 1070 TGT 1085/1100”

“SELL YESBANK BELOW 1042 TGT 1020/1005”

DAILY CHART FOR YESBANK:

Indian Stock Market would open flat with positive bias. Technically, Indian Stock Market is still in positive zone. Overall Market is positive and traders should book partial profits at higher levels and buy again at dips to gain higher profits as market would move positive in cycles. Nifty would see strong support at 8200-8165-8098 whereas strong resistance would be seen at 8272-8294-8332-8385 levels. After opening on flat note, indices were stuck in a narrow trading range throughout the day. Finally, the  Sensex ended with a loss of 66 points at 26,777. The  Sensex opened at 26,898 touched an intra-day high of 26,901 and low of 26,729.The Nifty closed with a loss of 20 points at 8,201.