WEEKLY TECHNICAL VIEW ABOUT LUPIN FOR 05-09 JUNE 2017

YESTERDAY’S RECOMMENDATION UPDATE:

suntv hit tgt 830 made low of 842.45

ROCKING INTRADAY profit : 40000

BUY lupin ABOVE 1175 TGT 1195/1225 SL 1145

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After showing correction from the higher level, now lupin  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 1175 as the stock is managing to sustain above the level of 1150. One may get the targets of 1195/1225 in the stock with the stop loss of 1145. as it is managing to sustain above its 22days moving averages with the RSI of 35. One may initiate the long position in the stock and can expect the targets of 1250 and 1300  in the SUNTV.

DAILY CHART FOR LUPIN

STOCK FUTURE TRADING TIP FOR 02 JUNE 2017

BUY SUNTV ABOVE 810 TGT 820/830 SL 790

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After showing correction from the higher level, now SUNTV  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 810 as the stock is managing to sustain above the level of 800. One may get the targets of 820/830 in the stock with the stop loss of 790. as it is managing to sustain above its 22& 55 days moving averages with the RSI of 41.95. One may initiate the long position in the stock and can expect the targets of 850 and 870 in the SUNTV.

DAILY CHART FOR SUNTV

MARKET STILL IN CONSOLIDATION AND READY TO SEE A BIG MOVE ; TRADE WITH CAUTION

WEEKLY RECOMMENDATION UPDATE:

IGL hit tgt 1060 made low of 1078.90

NOW toatal profit 53790

WOCKPHARMA RECOMMENDATION UPDATE:

GIVEN ON 29 MAY hit tgt 630

toatal intrady profit 36000

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Taking mixed cues from the Asian markets, the Nifty started the session almost on a flat note at 9,616. The Nifty remains volatile and recorded an intra-day low at 9,607 levels and an intra-day high at 9,641 levels. The contact could trade in the broad range between 9,600 and 9,630. As long as the contract trades in this range, traders should tread with caution and desist taking fresh positions. A strong breach on either side of this sideways range can give a near term direction for the contract. Technically, analysis would remain same and Indian Stock Market is still in positive zone. Market would continue to remain strong

TATASTEEL FUTURE TRADING TIP FOR 31 MAY 2017

YESTERDAY’S RECOMMENDATION UPDATE:

wockpharma near tgt 630 made low of 628

you can hold for tgt 630,650  

toatal intrady profit 26400
BUY TATASTEEL ABOVE 516 TGT 522/528 SL 505

Primary trend of the stock is bullish and is consolidating at the higher level after bullish move. It is expected to continue the bull run with the crossing of the resistance level of 516, as the stock is sustaining above its 200 and 22& 50 days moving averages with the RSI of 70. One may initiate the long position above the mentioned level for the targets of 530 and with the strict stop loss of 505.on the other side it is likely to show correction with the breach of the support level of 505, where one may initiate the short position in it for the targets of 490,480 while stop loss can be placed at 520.

DAILY CHART FOR TATASTEEL

STOCK FUTURE TRADING TIP FOR 30 MAY 2017

BUY WOCKPHARMA ABOVE 600 TGT 630/650 SL 565

Wockpharma is looking weak on charts however it is accumulating above its major support level 550 and recently has given breakout of its previous major resistance level 600, now it has next resistance at the level of 650; it is likely to experience fresh buying with the crossing of mentioned level, where one may keep the targets of 630,650 in the stock with the stop loss of 565. Overall trend of the stock is bullish and after experiencing correction from the higher level. as it is managing to sustain below  its 22& 50 and 200 days moving averages with the RSI of 30. it is likely to show correction with the breach of the support level of 560, where one may initiate the short position in it for the targets of 540,530 while stop loss can be placed at 590.

DAILY CHART FOR WOCKPHARMA