TECHNICAL ANALYSIS OF MOTHERSUMI FOR 12 APRIL 2016

FUTURE :

“BUY MOTHERSUMI ABOVE 255 TGT 259/265”

“SELL MOTHERSUMI BELOW 248 TGT 243/235

DAILY CHART FOR MOTHERSUMI:

The  Sensex ended with a gain of 348 points at 25,022. The Sensex opened at 24,798 touched an intra-day high of 25,050 and low of 24,423.The Nifty closed with a gain of 116 points at 7,671. The NSE Nifty opened at 7,578 hitting a high of 7,679 and low of 7,517. Bulls came back in power on Monday as equity benchmarks rallied sharply after losing 2 percent last week. Late buying in technology, auto, FMCG and banks lifted the Sensex above 25000-mark and Nifty above 7650 level ahead of Q4 and FY16 earnings that will start on April 15 with Infosys results.It was a fantastic start to the truncated week as Nifty struck a top while the Sensex galloped over 300 points. Indices recouped earlier losses to end with strong gains tracking positive global cues. Out of 1,810 stocks traded on the NSE, 632 declined and 919 advanced today. Shares of Adani Enterprises were trading higher 1% at Rs.78.80 on NSE today. Around 20 lakh shares were traded in a single block.DLF Ltd stock was up by 2% at Rs. 120. DLF Ltd is seeking expressions of interest from several top global investors to sell a 40% stake in its rental

TOP GAINERS: Bosch, Idea, Hindalco, Adani Ports, Bank of Baroda, BHEL,Tata Motors

TOP LOSERS  : Lupin, Ambuja Cement, Dr. Reddy's, UltraTech Cement and Cipla 

WEEKLY TECHNICAL ANALYSIS OF WOCKPHARMA FOR 11 APRIL 2016

FUTURE :

“BUY WOCKPHARMA ABOVE 1000 TGT 1020/1050”

WEEKLY CHART FOR YESBANK:

YESTERDAY'S UPDATE OF YESBANK

LAST RECOMMENDATION UPDATE: GIVEN ON 07 APRIL 2016:

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

IN BULLISH MOMENTUM: HIT TGT 855 GIVEN BUY AT 850

LOT SIZE: 700                                                                            

TOTAL PROFIT: 7000 IN JUST TWO LOT

FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>

The Sensex ended with a loss of 12 points at 24,674. The Sensex opened at 24,666 touched an intra-day high of 24,736 and low of 24,609.The Nifty closed with a gain of nine points at 7,555. The Nifty opened at 7,542 hitting a high of 7,569 and low of 7,527. After a consolidation, equity benchmarks ended the Friday's session on a flat note but lost 2 percent during the week. The broader markets outperformed on the back of positive breadth. Banks and infra stocks gained while IT and select auto & oil stocks were down. Bank Nifty plunged 3.4 percent as the Reserve Bank of India cut repo rate only by 25 basis points, which was on expected lines. Profit booking could also be the reason as benchmarks rallied 10 percent in March, driven by FII inflows.

TOP GAINERS: NTPC, BHEL, Tata Power, Tech Mahindra, GAIL, Grasim, ACC, Eicher Motors and Yes Bank
TOP LOSERS: TCS, Hero MotoCorp, Maruti Suzuki, Infosys and Axis Bank

TECHNICAL ANALYSIS OF YESBANK FOR 8 APRIL 2016

FUTURE :

“BUY YESBANK ABOVE 850 TGT 855/865”

“SELL YESBANK BELOW 830 TGT 822/815

DAILY CHART FOR YESBANK:

The Sensex ended with a loss of 215 points at 24,685 The Sensex opened at 24,998 touched an intra-day high of 25,013 and low of 24,647.The Nifty closed with a loss of 68 points at 7,546. The Nifty opened at 7,630 hitting a high of 7,631 and low of 7,536. The Sensex dropped 215.21 points to 24685.42 and the Nifty fell 67.90 points to 7546.45. The market breadth also turned negative in last hour of trade as about 1448 shares declined against 1107 advancing shares on Bombay Stock Exchange. 

TOP GAINERS: Dr.Reddy's, Lupin, Sun Pharma, Axis Bank, ONGC, Cipla and Coal India

TOP LOSERS: Maruti Suzuki, HDFC, Adani Ports, Infosys, ITC, L&T, Bajaj-Auto and Asian Paints 

YESTERDAY'S UPDATE OF UPL

LAST RECOMMENDATION UPDATE: GIVEN ON 05 APRIL 2016:

UPL IS ON FIREEEEEEEEEEEEEE!!!!!!!!!!!!

IN BEARISH MOMENTUM: HIT FINAL TGT 450 GIVEN SELL AT 460

LOT SIZE: 1000                                                                            

TOTAL PROFIT: 20000 IN JUST TWO LOT

FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>

DAILY CHART FOR UPL:

The Sensex ended with a gain of 17 points at 24,901. The Sensex opened at 24,979 touched an intra-day high of 25,001 and low of 24,834.The  Nifty closed with a gain of 11 points at 7,614. The Nifty opened at 7,736 hitting a high of 7,639 and low of 7,592.After plunging almost by 2% in the previous trading, the Indian equity market eked out modest gains on Wednesday. Nifty just managed to sustain above the 7600 while Sensex was just shy of the 25000 mark. Market had fallen sharply after the Reserve Bank of India announced a 25bps cut in repo rate on April 5, 2015 which was in line with market expectations. Tata Steel jumped 5.2% to Rs.328.45 after the British government opened talks on Tuesday with potential buyers for the company’s UK operations. NMDC climbed 3.9% to Rs.101.55 after the company increased the prices of its Iron Ore with effect from April 4, 2016. The Lump ore price has been fixed at Rs. 2,100 WMT while price of Fines has been fixed at Rs 1,860.

TOP GAINERS: Tata Steel, Hindalco, UltraTech Cement, ACC, Eicher Motors, Grasim and Tata Motors DVR

TOP LOSERS: Bosch, Tech Mahindra, Infosys, Axis Bank, ICICI Bank, Adani Ports and Aurobindo Pharma

RBI rate cut fails to cheer market…

FUTURE :

“BUY UPL ABOVE 470 TGT 475/480”

“SELL UPL BELOW 460 TGT 455/450

DAILY CHART FOR UPL:

The Sensex and Nifty slipped after the central bank at its monetary policy review reduced the policy rate by 25 basis points to 6.5%. The Sensex ended with a loss of 516 points at 24,883. The BSE Sensex opened at 25,372 touched an intra-day high of 25,372 and low of 24,837.The Nifty closed with a loss of 156 points at 7,603. The Nifty opened at 7,736 hitting a high of 7,736 and low of 7,603. After being stuck in a trading range in the previous week, the Indian equity market fell sharply as RBI’s rate cut failed to cheer sentiment on Dalal Street. In its first monetary policy review for the financial year 2016-17, the Reserve Bank of India announced a 25bps reduction in the repo rate which was in line with market expectations.

TOP GAINERS: BPCL, HCLTech, PowerGrid, Lupin, HDFC, Dr.Reddy's, Hero MotoCorp ,Aurobindo Pharma 
TOP LOSERS: Adani Ports, ICICI Bank, SBI, Bharti Airtel, Tata Motors DVR and Bank of Baroda 

Sensex gains 130 pts ahead of RBI policy

LAST RECOMMENDATION UPDATE: GIVEN ON 31 MAR 2016:

ZEEL IS ON FIREEEEEEEEEEEEEE!!!!!!!!!!!!

IN BULLISH MOMENTUM: HIT FINAL TGT 395 MADE HIGH OF 396.50 GIVEN BUY AT 390

LOT SIZE: 1300                                                                            

TOTAL PROFIT: 13000 IN JUST TWO LOT

FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>

DAILY CHART FOR ZEEL:

The Sensex ended with a gain of 130 points at 25,400. The Sensex opened at 25,334 touched an intra-day high of 24,419 and low of 25,223. The Nifty closed with a gain of 46 points at 7,759. The Nifty opened at 7,733 hitting a high of 7,764 and low of 7,704. March series saw Bulls making a terrific comeback as the indices registered massive gains of around 11%. It provided a big relief to the Bulls who are now looking forward to the RBI Credit Policy next week. The expectations have been built up as the Government has stuck to its Fiscal Discipline roadmap and Inflation has been moderated. Given this backdrop, the market has already discounted a 25 bps cut in interest rate. Anything above this will surprise the market and will push the market higher. But the more likely scenario is a rate cut of 25bps, which will result in a sell-off and a short term top being registered.

TOP GAINERS: Bharti Airtel, M&M, Infosys, Dr.Reddy's, Tata Motors, Bajaj-Auto, Wipro 

TOP LOSERS: ITC, ONGC, Lupin, Axis Bank, Maruti Suzuki, HDFC, Coal India and SBI

WEEKLY TECHNICAL ANALYSIS OF AXISBANK FOR 4 APRIL 2016

LAST RECOMMENDATION UPDATE: GIVEN ON 18 MAR 2016:

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

IN BULLISH MOMENTUM: HIT FINAL TGT 850 MADE HIGH OF 874 GIVEN BUY AT 810

LOT SIZE: 700                                                                            

TOTAL WEEKLY PROFIT: 56000 IN JUST TWO LOT

FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>

FUTURE :

“BUY AXISBANK ABOVE 450 TGT 470/490”

“SELL AXISBANK BELOW 430 TGT 410/380

WEEKLY CHART FOR AXISBANK:

Primary trend of the stock is bullish and is consolidating at the near 450 level after showing correction in stock. It is expected to continue the bull run with the crossing of the resistance level of 450, as the stock is sustaining above its 22&200 days moving averages. One may initiate the long position above the mentioned level for the targets of 870/490.if it is likely to show correction with the breach of the support level of 430, where one may initiate the short position in it for the targets of 410.

TECHNICAL ANALYSIS OF ZEEL FOR 01 APRIL 2016

FUTURE :

“BUY ZEEL ABOVE 390 TGT 395/400”

“SELL ZEEL BELOW 385 TGT 381/375

DAILY CHART FOR ZEEL:

Sensex ended with a gain of mere three points at 25,342. The Sensex opened at 25,365, touched an intra-day high of 25,480 and low of 25,223. The Nifty closed with a gain of three  points at 7,738. The Nifty opened at 7,728 hitting a high of 7,778 and low of 7,702. Indian Stock Market would open flat. Surprisingly, Indian Stock Market including Nifty, Bank Nifty and Sensex, saw reversal and entered into positive zone again just in 1 day. This is a big bullish sign for the market. Yes, we would see some correction today but every correction for now would be an opportunity for traders to go long. Traders should go long at every dip in the market until RBI Policy day. Some sharp volatility would be seen today due to F&O Expiry. Nifty would see strong support at 7675-7645-7600-7564 whereas strong resistance would be seen at 7780-7805-7855-7888 levels.

TOP GAINERS: Tata Power, Idea Cellular, ZEEL, IndusInd Bank, Sun Pharma, TCS

TOP LOSERS: SBI, ONGC, Coal India, Tata Steel, Vedanta, BhartiAirtel and Asian Paints