WEEKLY TECHNICAL ANALYSIS OF YESBANK FOR 25 MARCH 2016

LAST RECOMMENDATION UPDATE: GIVEN ON 17 MAR 2016:

APOLLOHOSP IS ON FIREEEEEEEEEEEEEE!!!!!!!!!!!!

IN BULLISH MOMENTUM: HIT FINAL TGT 1390 MADE HIGH OF 1390

IN BEARISH MOMENTUM: HIT FIRST TGT 1350 MADE LOW OF 1344.05
LOT SIZE: 400

TOTAL INTRA DAY PROFIT: 10000 IN JUST TWO LOT

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FUTURE :

“BUY YESBANK ABOVE 810 TGT 825/850”

“SELL YESBANK BELOW 790 TGT 780/750

WEEKLY CHART FOR YESBANK:

Primary trend of the stock is bullish and is consolidating at the higher level after showing correction this week. It is expected to continue the bull run with the crossing of the resistance level of 810, as the stock is sustaining above its 150&200 days moving averages. One may initiate the long position above the mentioned level for the targets of 850.if it is likely to show correction with the breach of the support level of 790, where one may initiate the short position in it for the targets of 750.

TECHNICAL ANALYSIS OF APOLLOHOSP 18 MARCH 2016

FUTURE TIP FOR 18 MARCH 2016

FUTURE :

“BUY APOLLOHOSP ABOVE 1375 TGT 1390/1420”

“SELL APOLLOHOSP BELOW 1360 TGT 1350/1330”

DAILY CHART FOR APOLLOHOSP:

WEEKLY CHART FOR APOLLOHOSP:

Sensex ended with a loss of mere five points at 24,677. The Sensex opened at 24,852 touched an intra-day high of 24,948 and low of 24,576. The Nifty closed at 7,513 up 14 points. The Nifty opened at 7,557 hitting a high of 7,585 and low of 7,479. Maruti Suzuki India Ltd has informed BSE that the Board of Directors of the company at its meeting held on March 17, 2016 has approved the re-appointment of Kenichi Ayukawa as Managing Director & CEO for a period of three years w.e.f. April 01, 2016 and Toshiaki Hasuike as Joint Managing Director for a period of three years w.e.f. April 27, 2016.

Better late recovery than never! Sensex, Nifty gain

Sensex ended with a gain of 131 points at 24,628. The Sensex opened at 24,537 touched an intra-day high of 24,706 and low of 24,355. The NSE Nifty closed with a gain of 38 points at 7,499. The Nifty opened at 7,457 hitting a high of 7,508 and low of 7,405.The Indian equity market managed to close with some gains on Wednesday amid a sudden bout of buying at  the fag end. The Nifty was just shy off the 7500 mark. Markets had opened on a flat note and lost further ground imitating overnight losses in the US and the Asian markets. However, it was short-lived as indices made a swift comeback led by the banking, IT, FMCG and healthcare stocks. On the other hand, metals, consumer durables and telecom stocks were among the major losers. Even the mid-cap and the small-cap stocks were under pressure.
TOP GAINERS: ICICI Bank, Kotak Mahindra Bank, ITC, Cipla, Infosys, Axis Bank and Tech Mahindra

TOP LOSERS: Hindalco, Vedanta, Asian Paints, Sun Pharmaceuticals, Yes Bank, Cairn India, Idea Cellular

 

Sensex slips 253 points ahead of US Fed meet, Nifty settles at 7,460

LAST RECOMMENDATION GIVEN ON 14 MARCH 2016:

ADANIPORTS IS ON FIREEEEEEEEE …!!!!!!!!!!!!

ALMOST HIT FIRST TGT 225  MADE LOW OF 226.80 SELL AT 230

LOT SIZE: 1600

DAILY TOTAL PROFIT: 10240 IN JUST TWO LOT

Sensex ended with a loss of 253 points at 24,551. The  Sensex opened at 24,832, touched an intra-day high of 24,841 and low of 24,517.The Nifty closed with a loss of 78 points at 7,461. The Nifty opened at 7,536 hitting a high of 7,545 and low of 7,453. The losses in pharma, FMCG, auto, IT and industrial counters weighed on the index. Buying activity is seen in banking, capital goods, realty, oil and gas,energy and metal sectors, while pharma, IT, FMCG, utilities, realty, consumer durables, telecom and power sectors showed weakness . Domestic equity indices BSE Sensex and NSE Nifty ended in red on Tuesday on account of profit-booking and weak Asian markets, even as retail inflation fell to a three-month low in February. Investors maintained a cautious approach ahead of the two-day meeting of the US Federal Reserve’s Federal Open Market Committee that begins on Tuesday.

TOP GAINERS:SBI, Bank of Baroda, PNB, Bosch, Tata Steel, Yes Bank and Bharti Airtel
TOP LOSERS:Lupin, HDFC, ZEEL, Dr.Reddy's and ITC.

Nifty ends above 7500 mark in choppy session

LAST RECOMMENDATION GIVEN ON 10 MARCH 2016:

GLENMARK IS ON FIREEEEEEEEE …!!!!!!!!!!!!

HIT FIRST TGT 840  MADE HIGH OF 842.30 BUY AT 830

FUTURE TIP FOR 11 MARCH 2016

FUTURE :

“BUY ADANIPORTS BELOW 235 TGT 240/248”

“SELL ADANIPORTS BELOW 230 TGT 225/215”

WEEKLY CHART FOR VOLTAS:

Sensex ended with a gain of 86 points at 24,804. The BSE Sensex opened at 24,802 touched an intra-day high of 24,961 and low of 24,734. The Nifty closed with a gain of 28 points at 7,539. The Nifty opened at 7,543 hitting a high of 7,584 and low of 7,515. Nifty turned choppy ahead of key events lined-up during the week. With the IIP and WPI numbers out of the way, CPI numbers will be keenly watched by RBI as it will provide comfort for further action on interest rate front. Going ahead, we see markets getting heavier at current levels, 7600 appear to be stiff resistance and lightening positions at current juncture would be the right approach. Rupee, oil and FII numbers will continue to influence the sentiment in the near term. Globally, statements by the US Fed and Japan’s Central Bank will be keenly awaited too. Investors seem to have lost faith in the ability of their Central Banks to revive economic growth.

TOP GAINERS:

ICICI BANK (3.3%), TATA MOTORS (3.3%), BHEL (2.7%), GAIL (1.5%), ONGC (0.9%)

TOP LOSERS:

COAL INDIA (6.6%), BAJAJ AUTO (0.9%), SUN PHARMA (0.5%), WIPRO (0.4%), BHARTI AIRTEL (0.4%)

WEEKLY UPDATE OF WOCKPHARMA

LAST WEEKLY RECOMMENDATION:

WOCKPHARMA IS ON FIREEEEEEEEE …!!!!!!!!!!!!

ALMOST HIT FINAL TGT 1000  MADE HIGH OF 993.85 BUY AT 920

LOT SIZE: 375

WEEKLY TOTAL PROFIT: 55300 IN JUST TWO LOT

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WEEKLY CHART FOR WOCKPHARMA:

TECHNICAL ANALYSIS OF GLENMARK 11 MARCH 2016

FUTURE TIP FOR 11 MARCH 2016

FUTURE:

"BUY GLENMARK ABOVE  830 TGT 840/850 "

"SELL GLENMARK BELOW 818 TGT 810/790 "

DAILY CHART FOR GLENMARK:

MARKET SUMMARY OF 01 MARCH 2016:

BSE Sensex ended with a loss of 171 points at 24,623. The  Sensex opened at 24,815 touched an intra-day high of 24,817 and low of 24,471. The Nifty closed with a loss of 46 points at 7,486. The Nifty opened at 7,545 hitting a high of 7,547 and low of 7,447. With some choppiness, and the kind of intraday pullbacks we have had in the past couple of days, there is a good chance that we will see higher levels. Overall, even if the Nifty50 does not go higher immediately, we are looking at rallies that should see the index possibly heading towards 7,680-7,700 levels. The idea should be to trade on the long side and use any intraday decline to add to your long positions.
TOP GAINERS:

MARUTI SUZUKI (1.2%), TATA STEEL (1.2%), CIPLA (1.1%), ONGC (0.9%), NTPC (0.8%) 

TOP LOSERS:

INFOSYS (2.6%), BHEL (1.9%), RIL (1.8%), L&T (1.8%), TCS (1.6%) 

Late rally lifts Sensex 135 pts, Nifty above 7500

Sensex ended with a gain of 134 points at 24,794. The Sensex opened at 24,257 touched an intra-day high of 24,819 and low of 24,452.The Nifty closed with a gain of 47 points at 7,530. The  Nifty opened at 7,436 hitting a high of 7,539 and low of 7,424. Nifty closed unchanged at 7485. So tomorrow on upside first resistance is at 7540-70 level. Next resistance are at ,7592-97,7613-18,7654-59,7678-83,7725-30,7784-89. On downside first support is at 7461-56 level. Next support are at 7438-33,7399-94,7358-53,7318-13,7300-95. Market is now back in bull side and next resistance zone is at 7590-7610 level .So today for intraday on upside intra resistance are at 7590 and 7630 level .On downside be alert below 7395 and avoid all intraday longs below that level . The market gained strength in late trade that helped Nifty end above 7500 for first time since February 1, supported partially by positive European cues and crude oil gains. Oil, infra, select auto and banks stocks aided upside. Maruti Suzuki, L&T, ONGC, Infosys, Axis Bank and Asian Paints are among the gainers, whereas HDFC, ITC, Tata Steel, Sun Pharma, Adani Ports and Dr.Reddy's are losing sheen on BSE.