Saturday, November 7, 2015

DIWALI PICKS

FUTURE:
BUY BHEL ABOVE 194 TGT 198/200/205 SL 190
The stock is showing correction since past few sessions.Currently it has formed reversal pattern on the short term charts and trading below the resistance level of 200.Breakout of its resistance level may show recovery in it where traders can expect targets of 205 and 215 while major support of 190 can be placed as technical stop loss.
BUY APOLLOTYRE ABOVE 160 TGT 163/166/169 SL 155
After giving breakout of its 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 162, one may expect the targets of 170,180 in the stock if it manages to sustain above the immediate support level of 155.
BUY BHARTIARTL ABOVE 340 TGT 345/350/360 SL 330
It is expected to continue the bull run with the crossing of the resistance level of 341, as One may initiate the long position above the mentioned level for the targets of 360,370 and with the strict stop loss of 330.
BUY SUNPHARMA ABOVE 810 TGT 820/830/840 SL 799
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 810.One may get the targets of 830,850 in the stock with the stop loss of 779.


Friday, November 6, 2015

TECHNICAL ANALYSIS FOR APOLLOTYRE

FUTURE :
“BULLISH APOLLOTYRE ABOVE 160 TGT  163/166”
“BEARISH APOLLOTYRE BELOW 158 TGT 155/152”
DAILY CHAT FOR APOLLOTYRE:
DAILY& WEEKLY SUPPORT AND RESISTANCE FOR APOLLOTYRE:
APOLLOTYRE levels generated based on 2015-11-06 data for the next trading day.
Daily
R4
R3
R2
R1
BULL
LOC
BEAR
S1
S2
S3
S4
Levels
165
163
162
161
160
159
158
158
157
155
153
APOLLOTYRE Weekly levels generated for the week starting from 2015-11-02
Weekly
R4
R3
R2
R1
REV
BULL
LOC
BEAR
REV
S1
S2
S3
S4
Levels
231
221
206
197
185
181
179
176
172
160
151
142
136
RESULT TODAY:

Wednesday, November 4, 2015

TECHNICAL ANALYSIS FOR YESBANK

FUTURE :
“BULLISH YESBANK ABOVE 786 TGT  792/798”
“BEARISH YESBANK BELOW 783 TGT 778/772”
DAILY CHAT FOR YESBANK
DAILY& WEEKLY SUPPORT AND RESISTANCE FOR YESBANK
YESBANK levels generated based on 2015-11-04 data for the next trading day.
Daily
R4
R3
R2
R1
BULL
LOC
BEAR
S1
S2
S3
S4
Level
803
795
790
787
784
781
778
775
772
767
759
YESBANK Weekly levels generated for the week starting from 2015-11-02
Weekly
R4
R3
R2
R1
REV
BULL
LOC
BEAR
REV
S1
S2
S3
S4
Levels
819
808
792
781
768
765
761
758
754
741
731
721
714
DAILY CANDLESTICK PATTERN :INVERTED UMBRELLA
The Inverted Umbrella indicates that buyers dominated trading and they were able to drive prices higher during the day. However, sellers resurfaced by the end of the day and pushed prices back to the opening price level and to the day’s low.

YESTERDAY AUROPHARMA UPDATE:

Tuesday, November 3, 2015

TECHNICAL ANALYSIS OF AUROPHARMA

YESTERDAY RELINFRA ROCKSSSSSSSS !!!!!!!!!!!!!!!!!!!!!
RELINFRA ALMOST HIT FINAL TGT 400 MADE LOW OF 399.45
FUTURE :
“BULLISH AUROPHARMA ABOVE 850 TGT  855/865”
“BEARISH AUROPHARMA BELOW 840 TGT 835/825”
DAILY CHAT FOR AUROPHARMA
DAILY& WEEKLY SUPPORT AND RESISTANCE FOR AUROPHARMA
AUROPHARMA levels generated based on 2015-11-03 data for the next trading day.
Daily
R4
R3
R2
R1
BULL
LOC
BEAR
S1
S2
S3
S4
Level
904
885
873
866
859
851
843
836
828
817
798
AUROPHARMA Weekly levels generated for the week starting from 2015-11-02
Weekly
R4
R3
R2
R1
REV
BULL
LOC
BEAR
REV
S1
S2
S3
S4
Levels
893
884
870
861
850
847
844
841
838
827
818
809
804
DAILY CANDLESTICK PATTERN :BLACK MARUBOZU

Monday, November 2, 2015

MARKET SUMMARY FOR 02 NOVEMBER 2015

FRIDAY ASIANPAINT  ROCKSSSSSSSS !!!!!!!!!!!!!!!!!!!!!
ASIANPAINT HIT FIRST TGT 826 MADE LOW OF 825.95
FUTURE :
“BULLISH RELINFRA ABOVE 393 TGT  396/400”
“BEARISH RELINFRA BELOW 389 TGT 384/379”
MARKET SUMMARY FOR 02 NOVEMBER 2015
The sensex and NSE Nifty fell for the sixth consecutive trading session on Monday.Sensex fell 97 points to 26559 and the Nifty declined 15 points to 8050, continuing downtrend for sixth consecutive session today. The broader markets closed flat. The market trimmed losses in last hour of trade to close marginally lower, continuing downtrend for sixth consecutive session on Monday. Weak Asian cues & Q2 earnings, bad manufacturing PMI data and NDA's likely loss in Bihar elections drove the Nifty below 8000 intraday.8100-8130 is now the immediate resistance and a level that must be taken out if the bulls have to regain strength. The next supply zone is around 8155 and then 8200 level which must be crossed decisively for any semblance of bullishness at this stage. On the lower side, 8085 is the immediate support but the critical support at this juncture is around 8052 and fresh downside momentum will be seen if this level is decisively breached.