WEEKLY STOCK FUTURE TRADING TIP

WEEKLY RECOMMENDATION UPDATE:

TCS ALMOST HIT TGT 2560 MADE LOW OF 2549.80

BUY GIVEN AT 2520

TOTAL PROFIT: 14900 IN JUST 2 LOT

FOR MORE CALLS FILL UP THE FORM GIVEN HERE>>>>>

BUY AXISBANK ABOVE 525 TGT 535/550 SL 510

Primary trend of the AXISBANK 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 525 ; as the stock is managing to trade above its 22 and 55&200 days moving averages with the RSI of 60, one may expect the targets of 535/550 in the stock if it manages to sustain above the immediate support level of 500.

YESTERDAY’S RECOMMENDATION UPDATE:

SRTRANSFIN  MADE HIGH OF 971.85

BUY GIVEN AT 960

LOT SIZE: 600

NOW TOTAL PROFIT: 14220 IN JUST 2 LOT

AND YOU CAN HOLD FOR MORE PROFIT TILL TGT 980

MARKET EYING EXIT POLL RESULTS; NIFTY CLOSES ABOVE  8950

Sensex was trading at 28,915, up 13 points, while Nifty was ruling at 8,956, up 4 points.Technically,Nifty  is getting support around 8,900. Technically nifty is retaining its 8,870-9,020 sideways range for more than a week now. A breakout on either side of this range will decide the next move for it.

STOCK FUTURE TRADING CALL FOR TODAY

BUY SRTRANSFIN ABOVE 960 TGT 980/1000 
SL 945

Primary trend of the SRTRANSFIN 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 560 ; as the stock is managing to trade above its 22 and 55 days moving averages with the RSI of 58, one may expect the targets of 980/1000 in the stock if it manages to sustain above the immediate support level of 500. 200 EMA act as resistance level at 1000.

GO NIFTY LONG ON A DIP FROM 8,950 WITH A SL AT 8,930

Sensex  closed down 16 points or 0.18 per cent at 8,946, after closing at its highest since March 2015 on Monday. The nifty ended 48 points or 0.17 per cent lower at 28,999. Technically, Nifty has entered into positive zone .Now, no direction can be confirmed as we are heading towards big event of UP Poll Results. Nifty may see some profit booking around 9000 levels. Market would consolidate in a range bound region with big volatility in upcoming days.

                                      Nifty has paused after a strong rally over the past two trading days.

 Nifty is not gaining strength to break above the psychological 9,000 mark. Key support is in the 8,950-8,930 region. If the contract manages to sustain above this support zone, a range bound move between 8,930 and 9,000 is possible for some time.An eventual break above 9,000 may take the nifty higher to 9,020 initially. Further break above 9,020 will increase the likelihood of nifty rallying to 9,050 or to even higher levels thereafter.High risk appetite traders can go long on a bounce from 8,950. Stop-loss can be placed at 8,930 for the target of 8,980.On the other hand, if the contract breaks below 8,945, it can fall to 8,900 or 8,875. In such a scenario, the broader 8,875-9,000 range that has been in place for almost three weeks will remain intact.

BIG EVENTS THIS WEEK TO GENERATE HUGE MOVEMENT

BUY INFY ABOVE 1025 TGT 1045/1070 SL 1000

The Nifty which opened with a gap on higher side reclaimed its crucial resistance level of 8950 and finally closed at 8,963. It formed a Bullish candle which is a positive sign. If  Nifty able continue to hold above the 8,920 level to witness an up move towards 9,000 and then towards 9,119 levels .                                         
                             Technically, Analysis would remain same and Indian Stock Market is still in positive zone for now. Now this week is full of big events. ECB Interest rate decision on March 09, 2017 and UP Election Counting on March 11, 2017 would create huge volatility. Market would enter into positive zone. nifty closes above 8950 .traders can initiate long positions in the market .Make sure that every trade should be perfectly hedged as huge volatility would be seen in the market. BankNifty would see around 4% movement before March 16, 2017 option expiry on either side and we expect BankNifty to breach 21000 in positive direction or 20000 in negative direction. post UP Election Results, so traders can go for Long strangle or Long straddle positions .