WEEKLY STOCK FUTURE TRADING TIP FOR 08-12 MAY 2017

YESTERDAY’S RECOMMENDATION UPDATE:

IBULHSGFIN near tgt 1120 made high of 1112  

NOW TOTAL PROFIT: 27200 IN JUST 2 LOT

BUY MINDTREE ABOVE 502 tgt 515/535 sl 480

The MINDTREE is in bull run and Primary trend is also bullish and after giving breakout of its MONTHLY PIVORT POINT, 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 506 ; 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 515/535  in the stock if it manages to sustain above the immediate support level of 480.first resistance level seen as 200 EMA on charts at 506 .

                                                  DAILY CHART FOR MINDTREE:

IBULHSGFIN FUTURE TRADING TIP FOR 05 MAY 2017

BUY IBULHSGFIN ABOVE 1095 tgt 1120/1135 sl 1070

The Primary trend of IBULHSGFIN  is bullish and after giving breakout of its MONTHLY resistance 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 1100 ; as the stock is managing to trade above its 22 and 55& 200 days moving averages with the RSI of 78, one may expect the targets of 1130/1150  in the stock if it manages to sustain above the immediate support level of 1070.first resistance level seen on charts at 1115.

DAILY CHART FOR IBULHSGFIN:

Nifty Breaks The Range Of 9370 

Technically, analysis would still remain same and Indian Stock Market is still in positive

STOCK FUTURE TRADING TIP FOR 04 MAY 2017

buy tcs BELOW 2350 tgt 2370/2400 sl 2300

The Primary trend of the TCS  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 2350 ; as the stock is managing to trade above its 22 and 55& 200 days moving averages with the RSI of 45, one may expect the targets of 2450/2500  in the stock if it manages to sustain above the immediate support level of 2250.first resistance level seen on charts at 2400.

DAILY CHART FOR TCS:

STOCK FUTURE TRADING TIP FOR 03 MAY 2017

BUY ZEEL ABOVE 540 tgt 550/565 sl 525

The Double Bottom Reversal is a bullish reversal pattern found on candlestick charts. the pattern is made up of two consecutive troughs that are roughly equal, with a moderate peak in-between. Note that a Double Bottom Reversal on chart is completely different from Double Bottom Breakdown on chart.  Double Bottom Breakdowns on charts are bearish patterns that mark a downside support break.

                          The Primary trend of the ZEEL  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 540 ; as the stock is managing to trade above its 22 and 55& 200 days moving averages with the RSI of 55, one may expect the targets of 550/565  in the stock if it manages to sustain above the immediate support level of 530.first resistance level seen on charts at 550.

 DAILY CHART FOR ZEEL: