Friday, October 14, 2016

WEEKLY ANALYSIS OF ZEEL FOR 17-21 OCT

“SELL ZEEL BELOW 520 TGT 500/480”
FOR MORE ROCKING CALLS FILL UP THE FORM GIVEN HERE>>>>>
Primary trend of the stock is bearish. It is expected to After showing correction from the higher level, , it is likely to continue the downside move in near term with the crossing of the support level of 520 as the stock is managing to sustain below  the level of 520. One may get the targets of 500,480. in the stock with the stop loss of 542. charts, it is likely to show correction with the breach of the support level of 520.
sensex, NIFTY ends flat ; nifty above 8600
The Indian stock market recovered from the previous session's multi-month low and closed marginally higher with financials gaining on the prospect of further rate cuts after inflation cooled to a 13-month low in September. Sensex ended with a gain of 30 points at 28,507. The Sensex opened at 27,712, touched an intra-day high of 27,764 and low of 27,548.The Nifty closed with a gain of 10 at 8,583. The Nifty opened at 8,594 hitting a high of 8,604 and low of 8,549.80. The Indian stock market recovered from the previous session's multi-month low and closed marginally higher with financials gaining on the prospect of further rate cuts after inflation cooled to a 13-month low in September. Technically , Nifty 8680 then it will lead as resistance levels, above 8680 will take the indices upside towards 8750/8800  . A strong break (close)below 8550 will increase the downside pressure and drag it to 8500,8300. Traders can go short on a break below 8550 with a stop-loss at 8680 for the target of 8500/8400.
TOP GAINERS: GAIL, L&T, Tata MotorsDVR, Tata Motors, RIL, BPCL
TOP LOSERS:  Zee, Bharti Infratel, Infosys, HUL, Eicher Motors and Idea  

Thursday, October 13, 2016

WEEKLY TCS CALL UPDATE:GIVEN ON 7 OCT

" TCS FUTURE CALL ROCKS....!!!
HIT FIRST TGT 2320 MADE LOW OF 2311.15
"PROFIT 19425 IN JUST 2 LOT"
TO READ FULL REPORT CLICK ON 
https://beststockfuturecalls.blogspot.in/2016/10/weekly-analysis-of-tcs-for-10-14-oct.html
FOR MORE CALLS FILL UP THE FORM GIVEN HERE>>>

Monday, October 10, 2016

NIFTY ENDS ABOVE 8700;Q2 EARNINGS EYED

The Indian equity market snapped a three-day losing streak and closed marginally higher on Monday ahead of IIP data for August.The BSE Sensex ended with a gain of 21 points at 28,082. It opened at 28,144, touched an intra-day high of 28,217 and low of 28,068.The NSE Nifty closed with a gain of 17 points at 8,715. It opened at 8,735, hit a intra day high of 8,746 and low of 8,704. Benchmark share indices ended flat amid lack of investor participation even as gains in IT majors ahead of their second quarter earnings helped capped downside. IT exporters emerged as the top gainers ahead of their earnings with Infosys scheduled to announce its second quarter earnings on Friday, October 14, 2016. Infosys ended up 1.7%,TCS gained 0.5% and Wipro ended flat.
TREND TURNS BEARISH.
Market is now playing out the Bearish Rising Wedge breakout and is headed southwards. Interestingly markets closed below the 50dma, which has turned even the medium term trend to bearish. Nifty 8680 then it will lead to another strong bearish pattern breakout, which will take the indices lower towards the long term average of 200dma. A strong break (close)below 8680 will increase the downside pressure and drag it to 8500,8400. Traders can go short on a break below 8700 with a stop-loss at 8820 for the target of 8500.
TOP GAINERS:  Tata Steel, ACC, Asian Paints, Cipla, Hindalco, Infosys, Lupin
TOP LOSERS:  Bharti Airtel, Reliance Industries, Adani Ports, NTPC, Grasim and BPCL