TECHNICAL ANALYSIS OF YESBANK 10 FEB 2016

LAST RECOMMENDATION GIVEN ON 08 FEB 2016:

WIPRO IS ON FIREEEEEEEEEEEEEE !!!!!!!!!!!!

IN BEARISH MOMENTUM : WIPRO HIT FIRST TGT 540 MADE LOW OF 535
LOT SIZE: 1000

FUTURE TIP FOR 10 FEB 2016

FUTURE:

"BUY YESBANK  ABOVE 760 TGT 767/760 "

"SELL YESBANK BELOW 752 TGT 745/740 "

DAILY CHART FOR YESBANK:

MARKET SUMMARY OF 28 JAN 2016

The Sensex and Nifty slipped over 1% for the second consecutive session on account of weak cues from the global markets.  IT stocks led the decline after a disappointing quarterly forecast from Cognizant. Cognizant forecast its slowest quarterly revenue growth in 14 years.  Sensex ended with a loss of 266 points at 24,021. It had opened at 24,077, touched an intra-day high of 24,111 and low of 23,919. Nifty ended with a loss of 89 points at 7,298. It had opened at 7,304 hitting a high of 7,323 and low of 7,275.

TECHNICAL ANALYSIS OF WIPRO 05 JAN 2016

FUTURE:

"BUY WIPRO  ABOVE 550 TGT 555/565 "

"SELL WIPRO BELOW 545 TGT 540/530 "

DAILY CHART FOR WIPRO:

MARKET SUMMARY OF 08 FEB 2016:

The Sensex opened at 24,637, touched an intra-day high of 24,699 and low of 24,261. It finally ended with a loss of 330 points at 24,287.The Nifty opened at 7,490 hitting a high of 7,513 and low of 7,363, before ending with a loss of 102 points at 7,387. The Indian equity market closed deep in the red as a massive sell-off in the closing hour of trade dragged the NSE Nifty to end below the 7400 mark on Monday.

LAST WEEKLY RECOMMENDATION:

SKSMICRO IS ON FIREEEEEEEEE …!!!!!!!!!!!!

ALMOST HIT FINAL TGT 570  MADE HIGH OF 568.30 BUY AT 527

LOT SIZE: 1000

WEEKLY TOTAL PROFIT: 82600 IN JUST TWO LOT

FUTURE :

 “SELL MARUTI BELOW 3750 TGT 3650/3500”

WEEKLY CHART FOR MARUTI:

Charts usually tell us what is going to happen. Maruti is probably going to see lower levels." Maruti Suzuki   has started its 2016 sales performance on a disappointing note. The country's largest car manufacturer sold 1.13 lakh vehicles in January, down 2.6 percent compared to 1.16 units sold in same period last year. The stock declined 3 percent intraday. "Domestic sales would have been higher, but lesser number of working days in January 2016 impacted overall production and dispatch," the company reasoned.  Maruti exported 7,223 vehicles during the month, lower by a whopping 34.6 percent compared to 11,047 vehicles sold in year-ago period while domestic sales increased 0.8 percent to 1.06 lakh vehicles in same period.
Primary trend of the stock is bearish and is consolidating at the higher level after showing correction. It is expected to continue the bear run with the crossing of the support level of 3710, as the stock is sustaining below  its 55 and 22 days moving averages. One may initiate the short position below the mentioned level for the targets of 3500/3400 .

YESTERDAY'S UPDATE OF YESBANK

LAST RECOMMENDATION GIVEN ON 04 FEB 2016:

YESBANK IS ON FIREEEEEEEEEEEEEE!!!!!!!!!!!!

IN BULLISH MOMENTUM: ALMOST HIT FIRST TGT 785 MADE HIGH OF 783 BUY AT 770
LOT SIZE: 700

TOTAL INTRA DAY PROFIT: 18200 IN JUST TWO LOT

FOR TWO DAYS FREE TRIAL CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>

INTRADAY CHART FOR YESBANK:

TECHNICAL ANALYSIS OF YESBANK 05 JAN 2016

FUTURE:

"BUY YESBANK  ABOVE 770 TGT 778/785 "

"SELL YESBANK BELOW 757 TGT 750/740 "

DAILY CHART FOR YESBANK:

YES Bank Q3 results declared on 29 jan 2016, net up  25% despite high provisions, NII rises 27% Net interest income, the difference between interest earned and interest expended, grew by 27.3 percent to Rs 1,157 crore in quarter ended December 2015 compared to Rs 909 crore in year-ago period, driven by strong advances growth of 26.7 percent.

Primary trend of the stock is bullish and is consolidating at the higher level after showing correction. It is expected to continue the bull run with the crossing of the resistance level of 792, as the stock is sustaining above its 200 and 50 days moving averages. One may initiate the long position above the mentioned level for the targets of 800/820 .

TECHNICAL ANALYSIS OF ZEEL 04JAN 2016

FUTURE:

"BUY ZEEL ABOVE 407 TGT 413/418 "

"SELL ZEEL BELOW 400 TGT 395/390 "

DAILY CHART FOR ZEEL:

MARKET SUMMARY OF 03 FEB 2016

Feb fumble! Sensex, Nifty tumble

Nifty ended with a loss of 94 points to close at 7,362. It has opened at 7,392 hitting a high of 7,419 and low of 7,350.  Sensex ended with a loss of 316 points and closed at 24,222. It opened at 24,394, touched an intra-day high of 24,409 and low of 24,214.The Indian equity market slipped lower for the third consecutive trading session on Wednesday. A sudden bout of selling pressure towards the end yet again dragged the indices to close near day’s low. Nifty has now declined over 3% in the past three days. Negative cues from equity markets across the globe and weakening Indian currency against the US dollar dragged the sentiment on Dalal Street. As was widely expected by market participants, the Reserve Bank of India (RBI) kept the interest rates unchanged,

YESTERDAY'S UPDATE OF TATASTEEL

LAST RECOMMENDATION GIVEN ON 01 FEB 2016:

TATASTEEL IS ON FIREEEEEEEEEEEEEE!!!!!!!!!!!!

IN BEARISH MOMENTUM: HIT FINAL TGT 238 MADE LOW OF 229.70 SELL AT 246
LOT SIZE: 2000

TOTAL INTRA DAY PROFIT: 64000 IN JUST TWO LOT

FOR TWO DAYS FREE TRIAL CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>

INTRADAY CHART FOR TATASTEEL:

TECHNICAL ANALYSIS OF TATASTEEL 02 JAN 2016

FUTURE:

"BUY TATASTEEL  ABOVE 250 TGT 255/260 "

"SELL TATASTEEL BELOW 246 TGT 242/238 "

DAILY CHART FOR TATASTEEL:

MARKET SUMMARY OF 01 FEB 2016

The Sensex opened at 24,982, touched an intra-day high of 25,002 and low of 24,789. It finally ended with a loss of 45 points at 24,824. The  Nifty opened at 7,589 hitting a high of 7,600 and low of 7,541, before ending with a loss of mere eight points at 7,556. The Indian equity market closed with marginal losses on Monday amid a highly choppy session. After hitting intra-day high of 7600 mark in early trades, indices constantly struggled to find any specific direction. FMCG, telecom, capital goods and industrials were among the major gainers.