PROFIT BOOKING TO BE SEEN UNTIL NIFTY CLOSES ABOVE 9370

YESTERDAY’S RECOMMENDATION UPDATE:

MINDTREE ACHIEVED TGT 490

 TOTAL PROFIT: 21600 IN JUST 2 LOT

WEEKLY RECOMMENDATION UPDATE:

RELINFRA  MOVE ON OUR WORDS ACHIEVED TGT 600

TOTAL PROFIT: 44200 IN JUST 2 LOT

FOR MORE CALLS SUCH WEEKLY AND INTRADAT CALLS FILL UP THE FORM GIVEN HERE>>>>>

SENSEX ended at 29,918 down 111 points, Nifty closed at 9,304

Technically, Indian Stock Market is still in positive trend. New F&O contract was start today. Market is entering into consolidation soon. Nifty may see its strength loosing below 9320 levels. Nifty has formed BLACK CLOUD COVER candlestick pattern and Stochastic are already in overbought region, so closing below 9320 would force market to see further profit booking. Further positive rally would begin only if Nifty manages to close above 9370 levels. Once market closes above 9370 levels we would see Nifty achieving the next target of 9415 levels. Until then traders can go short at resistance and long at support levels.

EVENTS NEXT WEEK: RESULTS ANNOUNCED BY

STOCK FUTURE TRADING TIP FOR 27 APRIL

buy MINDTREE at 481 tgt 490/500 sl 465

The Primary trend of the MINDTREE  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 480 ; as the stock is managing to trade above its 22 and 55days moving averages with the RSI of 65, one may expect the targets of 490/510  in the stock if it manages to sustain above the immediate support level of 460.first resistance level as 200EMA seen on charts at 506.

DAILY CHART FOR MINDTREE:

YESTERDAY’S RECOMMENDATION UPDATE:

lt move on our words ACHIEVED TGT 1750 

TOTAL PROFIT: 25000 IN JUST 2 LOT

Market In Positive Zone, Go Long At Every Dip

Indian Stock Market would open positive. Technically, Indian Stock Market has entered into positive zone. Traders can go long at every dip in the market. Now, market can breach lifetime highs soon. Overall, market is positive and traders should go long in the direction of the trend. Once Market closes above 9275 levels for Nifty then it would soon see levels of 9350 for Nifty Market closes positive today for the momentum to continue. upcoming results would decide the further market direction. The support for the Nifty is 9200-9165-9150-9130 and the resistance to the up move is at 9237-9250-9280-9316-9345 levels.

STOCK FUTURE CALL FOR 25 APRIL 2017

buy lt above 1725 tgt 1750/1780 sl 1690

The Primary trend of the LT 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 1740 ; as the stock is managing to trade above its 22 and 55&200 days moving averages with the RSI of 75, one may expect the targets of 1770/1810  in the stock if it manages to sustain above the immediate support level of 1700.first resistance level seen on charts at 1750.

DAILY CHART FOR LT:

FULL OF Event Week, Nifty Consolidate Until In Range Of 9130-9220

Technically, Indian Stock Market is still in positive zone as of now. Market is in consolidation as of now but packed with many major events this week. French Election, Geopolitical issues, Trump announcement on Tax laws, Kotak Mahindra Bank, Maruti & Wipro and F&O Expiry, all are lined up this week. This week would be full of