WEEKLY STOCK TIP "SELL LT FUTURE"

AXISBANK GIVEN ON 22 MARCH POST HIT  FINAL TGT 495 MADE HIGH OF 497.15

LOT SIZE: 1200

NOW TOTAL PROFIT: 27960 IN JUST 2 LOT

sell lt below 1555 tgt 1520/1490 sl 1585

The stock is in bull run and is forming a reversal pattern in short term charts, it is likely to show correction with the breach of the support level of 1555, where one may initiate the short position in it for the targets of 1520/1490 while stop loss can be placed at 1585.All the 22,55 &200 EMA seen on chart as support levels at 1520/1490/1440 with RSI of 60.

INITIATE SHORT POSITIONS ONLY IF THE CONTRACT FALLS BELOW 9,060 LEVELS

YESTERDAY'S AXISBANK HIT  TGT 488 MADE HIGH OF 491

LOT SIZE: 1200

NOW TOTAL PROFIT: 18600 IN JUST 2 LOT

Nifty snaps 3-day losing streak, ends 56 pts higher

The Nifty opened the session at 9,068 levels and extended its upmove to record an intra-day high at 9,121 levels. The contract has marked an intra-day low at 9,061 levels.Indices snapped three sessions long losing streak to end higher .Technically, we may see some short covering rally but the trend would still be considered negative until Nifty closes above 9123 levels . Conversely, the contract needs to decisively move beyond 9,123 levels to reinforce the bullish momentum and take the contract higher to 9,150 and 9,180 levels in the near future. Traders can wait for some short covering rally and can again go short at higher levels. Remember that overall market is bullish and this is just a correction that may end once the gap that was created on March 14, 2017 is filled up. Strong selling would be only seen when Nifty closes below 8970 levels. Until then sell on rally and book profits on dips. Range for Nifty is 8970 on the downside and 9123 in the positive direction. Breakout from the range would be seen once market closes above or below any of these levels.

BULLISH TRADE IDEA FOR AXISBANK FUTURE FOR 22 MAR

BUY AXISBANK ABOVE 480 TGT 488/495 SL 470

Primary trend of the AXISBANK  is bearish and after giving breakout of its MONTHLY PIVORT POINT level of 500 range bound movement, it is forming reversal pattern in short term charts, it is likely to continue the positive movement with the breakout of the pattern at the levels of 495 .22 and 55&200 days all moving averages seen as resistance level with the RSI of 40, one may expect the targets of 500/510 in the stock if it manages to sustain above the immediate support level of 470.

Nifty Entered into Negative Zone  Initiate Short Positions

Sensex ended lower by 317 points or 1.08 per cent at 29,167 and Nifty closed down by 91 points or 1.00 per cent at 9,030.Technically, Today, Nifty was entering into negative zone. Market is expected to see sharp downfall and looks like it would fill up the gap that was generated on March 14, 2017, before resuming further positive rally. Now, every

BUY AGAIN BIOCON FUTURE FOR 22 MAR

AS predicted by US ,BIOCON  ACHIEVED TARGET EXACT 1150 GIVEN ON 14 MARCH POST

BUY GIVEN AT 1100

LOT SIZE: 600

 TOTAL PROFIT: 60000 IN JUST 2 LOT

BUY BIOCON ABOVE 1140 TGT 1160/1175 SL 1115

Primary trend of the BIOCON is bullish and after giving breakout of its MONTHLY PIVORT POINT 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 1150 ; 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 1160/1180 in the stock if it manages to sustain above the immediate support level of 1100.

SENSEX, NIFTY END FLAT AFTER CHOPPY TRADE

BUY RELCAPITAL FUTURE FOR 21 MAR

tatasteel CALL GIVEN ON " 16 MARCH " ROCKS ALMOST TGT FINAL 510 MADE HIGH OF 509.40

BUY GIVEN AT 500

LOT SIZE: 2000

TOTAL PROFIT: 37600 IN JUST 2 LOT

BUY RELCAPITAL ABOVE 610 TGT 620/640 SL 585

NIFTY ends 20 points lower, Nifty below 9,150

Nifty ended 14 points lower at 9,157. It hit a high of 9,164. Technically, Indian Stock Market is still in positive zone. Now some consolidation may be seen before further positive rally but overall market would remain bullish until Nifty holds 9109 levels on closing basis. FIIs continuous inflows are supporting Indian Stock Market and would continue to keep market bullish in March 2017. We may see some sharp correction in April 2017 due to high valuations and corporate earnings. Nifty would see reversal of the trend once it closes below 9109 levels. So, traders can go long at every dip until Nifty holds 9109 levels and BankNifty holds 21029 levels on closing basis.