WEEKLY TECHNICAL VIEW ABOUT ZEEL FOR 15-19 MAY 2017

BUY ZEEL ABOVE 535 TGT 550/565 SL 510

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 535 as the stock is managing to sustain above the level of 530. One may get the targets of 550,565 in the stock with the stop loss of 510. Primary trend of the ZEEL is bullish. first resistance level seen on  charts at 550.

DAILY CHART FOR ZEEL

UPCOMING RESULTS NEXT WEEK:

YESTERDAY’S RECOMMENDATION UPDATE:

zeel rocks ACHIEVED all TGT 540 

buy on dips with a stop-loss at 9,430

Nifty contract is gaining momentum. After recording a close above the psychological 9,400 mark on Wednesday, the contract opened with a gap-up today and has risen further.The outlook is bullish. Support is in the 9,440-9,430 region which can limit the downside during the day. Immediate resistance is at 9,470. A strong break above this hurdle can take the index futures higher to 9,500 or 9,525 going forward.Short-term traders can go long at current levels and can accumulate on dips near 9,445. Stop-loss can be placed at 9,430 for the target of 9,500. Revise the stop-loss higher to 9,470 as soon as the contract moves up to 9,490.The intraday outlook will turn negative only if the contract declines below 9,440. Such a fall can drag it to 9,425 and 9,400 thereafter.

YESTERDAY’S RECOMMENDATION UPDATE:

UPL move on our words ALMOST ACHIEVED TGT 830 

BUY zeel ABOVE 515 tgt 530/540 sl 500

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 524 as the stock is managing to sustain above the level of 520. One may get the targets of 530,540 in the stock with the stop loss of 500. Primary trend of the ZEEL  is bullish. first resistance level seen on charts at 530.

DAILY CHART FOR ZEEL

Markets end at all time highs; Nifty above 9,400 for the first time ever

TECHNICAL VIEW ABOUT UPL FOR 10 MAY 2017

BUY upl ABOVE 820 tgt 830/840 sl 808

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 820 as the stock is managing to sustain above the level of 800. One may get the targets of 830,840 in the stock with the stop loss of 808.It is likely to show correction with the breach of the support level of 800 where one may initiate the short position in it for the targets of 780,770. while stop loss can be placed at 830. Primary trend of the UPL  is bullish. first resistance level seen on charts at 827.

DAILY CHART FOR UPL:

TECHNICAL VIEW ABOUT WOCKPHARMA FOR 09 MAY 2017

BUY WOCKPHARMA Above 685 tgt 705/715 sl 660

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 685 as the stock is managing to sustain above the level of 685. One may get the targets of 705,720 in the stock with the stop loss of 660.It is likely to show correction with the breach of the support level of 660, where one may initiate the short position in it for the targets of 640,625. while stop loss can be placed at 690   Primary trend of the WOCKPHARMA  is bullish. first resistance level seen on charts at 700.

DAILY CHART FOR WOCKPHARMA: