WEEKLY STOCK FUTURE TRADING TIP

BUY TCS ABOVE 2520 TGT 2560/2600 SL 2470

READ MORE TO KNOW TECHNICAL BASIS :

Primary trend of the stock is bullish and after giving breakout of its 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 2520 ; as the stock is managing to trade above its 22 and 55&200 days moving averages with the RSI of 65, one may expect the targets of 2560/2600 in the stock if it manages to sustain above the immediate support level of 2500.

Sensex ends marginally lower on profit-booking

Sensex settled the day at 28,832, down 7 points, while the broader Nifty50 ended at at 8,897, down 2 points. On Friday, After a sharp downward intraday reversal on Thursday, the Nifty is trading on a mixed note today. The contract opened with a gap-down and is hovering

STOCK FUTURE OUTLOOK FOR 03 MAR 17

SELL YESBANK AT 1440 TGT 1420/1390 SL 1465

READ MORE TO KNOW TECHNICAL BASIS :

Primary trend of the stock is bullish and it is forming a reversal pattern in short term charts, it is likely to show correction with the breach of the support level of 1440, where one may initiate the short position in it for the targets of 1400-1380, while stop loss can be placed at 1465.the stock is managing to trade above its 55&200 days moving averages with the RSI of 60. 22 EMA seen us a support breakout level at 1420. Once Breakout of its support level may show downtrend in yes bank.

Sensex trades in red; Nifty hovers near 8,900
The Nifty retreated from near two-year highs , the nifty closed down 46.05 points or 0.51 per cent at 8,912. The contract opened with a gap-up and made an intraday high of 9,018., its highest since March 2015 and on the surpassing a key psychological level of 9,000.The sensex ended 144 points or 0.5 per cent lower at 28,839. after gaining as much as 0.56 per cent to its highest since March 2015.

                                              Technically, The pull-back move from the intraday high is currently finding support near 8,980. The contract made a low of 8,898 and is trying to bounce back from there. As long as it sustains above 8,980, there is a strong likelihood of a

STOCK FUTURE TRADING CALL FOR TOMORROW

BUY JUSTDIAL ABOVE 535 TGT 545/560 SL 520

 TECHNICAL BASIS :

Primary trend of the stock is bullish and after giving breakout of its 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 535 ; as the stock is managing to trade above its 22 and 55&200 days moving averages with the RSI of 80, one may expect the targets of 545/560 in the stock if it manages to sustain above the immediate support level of 515.

Sensex ends below 29,000, Nifty at 8,940

The Sensex ended the day at 28,946, up 203 points, while the Nifty was ruling at 8,940, up 61 points. The selling pressure for Nifty eased above 8,900 on Tuesday. It made a low of 8,885 and reversed higher from there. The contract surged to an intraday high of 8,994 today .Though it has come-off slightly from the day's high, the outlook remains positive. It is

STOCK FUTURE TRADING TIP FOR 01 MARCH

BUY MINDTREE ABOVE 480 TGT 485/495 SL 460

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 480 as the stock is managing to sustain above the level of 480. One may get the targets of 485,500 in the stock with the stop loss of 460.

                                       Primary trend of the stock is bullish and after giving breakout of its 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 480 ; as the stock is managing to trade above its 22 and 55days moving averages with the RSI of 55, 200 EMA seen as resistance at level at 527.

Nifty closes below 8900, Sensex down by nearly 70 points, 

Indian Stock Market to open positive. Now technically, Nifty would enter into negative zone once it closes below 8883 levels that would happen sooner or later. We may see some short covering rally but every positive rally would be an opportunity for traders to go short in the market. Since next 12 days are full of events hence market would hold itself from a sharp fall but overall, the direction would be negatively biased. Quarterly GDP numbers and Infrastructure Output would be disclosed today. GST council meet would be held on March 4 and 5. UP Election outcome would be on March 11, 2017 that would affect the Indian Stock Market direction.

MARKET SNAPS 6-DAYS GAINING STREAK; NIFTY BELOW 8930

The nifty fell 42.8 points or fell 0.5 per cent to 8,896 and The sensex closed 80.09 points or 0.28 per cent lower at 28,812.after touching its highest since March 4, 2015 on Thursday. , retreating from a nearly two-year high hit last week and snapping six consecutive sessions of gains, as banks retreated after a recent rally. The Nifty is trading on a weak note. The NIFTY made an intraday high of 8,957, but has come off from there. 
                                           Technically, As long as the contract trades below 8,950, a dip to test the key support at 8,900 is possible. Whether the contract declines below 8,900 or reverses higher from there will then decide the next move.A strong break below 8,900 may bring in fresh selling pressure and drag the index futures lower to 8,860. On the other hand, if the contract manages to reverse higher from 8,900, a rise to 8,950 or even higher levels is possible in the coming sessions.