MARKET BREADTH TURNED FAIRLY POSITIVE WITH 26 OF THE 30 SENSEX COMPONENTS TRADING IN GREEN.

LAST RECOMMENDATION UPDATE: GIVEN ON 04 MAY 2016:

RELCAPITAL IS ON FIREEEEEEEEEEEEEE!!!!!!!!!!!!

IN BULLISH MOMENTUM: HIT FINAL TGT 400 MADE HIGH OF 413.20 BUY AT 386

LOT SIZE: 1500                                                       

TOTAL PROFIT: 42000 IN JUST TWO LOT

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

INTRADAY CHART FOR RELCAPITAL:

On the daily charts, Sensex has made a Doji whereas Nifty has managed a formation very close to Bullish Hammer, but in this case the candle has a small upper shadow. Interestingly Nifty has formed three neutral formations in past three days. This could have formed a Bullish Tri-Star formation if the second day candle body would have been lower than the first and third day’s body. On the weekly charts both the indices have formed a Black body candle which is smaller than average. Hence candlestick analysis suggests uncertainty in the near future. The Sensex ended with a gain of 460 points at 25,689. The Sensex opened at 25,532 touched an intra-day high of 25,710 and low of 25,303. The Nifty closed with a gain of 133 points at 7,866. The Nifty opened at 7,755 hitting a high of 7,874 and low of 7,754. Indian Stock Market would open positive. Technically, Some positive short-covering rally can be ruled out at this point of time. Breaching levels of 8000 for Nifty and 17100 for BankNifty would confirm an Inverse Head and Shoulder Pattern (Bullish Pattern), which would force market to see a sharp breakout and we could even see new highs in few months, if that happens. Until then, we would consider market to be negative with some short covering rally seen and 7600-7500 would be considered as very strong support for Nifty. Nifty would see strong support at 7705-7685-7650-7615-7600 whereas strong resistance would be seen at 7795-7830-7865-7900 levels.

TOP GAINERS: Axis Bank , HDFC, ICICI Bank, ITC, L&T, Hero MotoCorp, Aian Paints

TOP LOSERS: Dr.Reddy's, Tata Steel, Bhel and Cipla

WEEKLY CALL FOR 09 MAY 2016 & UPDATE OF ZEEL

LAST WEEKLY RECOMMENDATION:

UPL IS ON FIREEEEEEEEE …!!!!!!!!!!!!

HIT TGT  558 MADE HIGH OF 610.80

ZEEL HIT FINAL TGT 425  MADE HIGH OF 424.75 BUY AT  417.50

LOT SIZE: 1300

WEEKLY TOTAL PROFIT: 44850 IN JUST TWO LOT

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

WEEKLY CHART FOR UPL & ZEEL:

 FUTURE :

“BUY VOLTAS ABOVE 310 TGT 320/340”

 “SELL VOLTAS BELOW 295 TGT 285/875”

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 310 as the stock is managing to sustain above the level of 320. One may get the targets of 340,350 .Today Sensex ended with a loss of 34 points at 25,228. The Sensex opened at 25,224 touched an intra-day high of 25,260 and low of 25,058. The Nifty closed with a loss of mere two points at 7,733. The Nifty opened at 7,718 hitting a high of 7,739 and low of 7,678.

TOP GAINERS: GAIL, ICICI Bank, SBI, Asian Paints, Bharti Airtel, NTPC and M&M

TOP LOSERS:  Dr.Reddy's, Adani Ports, Wipro, Tata Steel and Lupin 

TECHNICAL ANALYSIS OF TATASTEEL FOR 06 MAY 2016

FUTURE :

“BUY TATASTEEL ABOVE 337 TGT 340/350”

 “SELL TATASTEEL BELOW 327 TGT 322/315”

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

DAILY CHART FOR TATASTEEL:

The Sensex ended with a gain of 160 points at 25,251. The Sensex opened at 25,188 touched an intra-day high of 25,394 and low of 25,163. The Nifty closed with a gain of 29 points at 7,736. The  Nifty opened at 7,731 hitting a high of 7,778 and low of 7,707.Indian Stock Market would open flat. Technically, Indian Stock Market is still in negative zone. Now bottoming out process could be seen around 7600-7500 levels from where Nifty would see sharp recovery. For now, traders can continue to hold short positions as of now. FIIs were net

TECHNICAL ANALYSIS OF RELCAPITAL FOR 05 MAY 2016

FUTURE :

“BUY RELCAPITAL ABOVE 386 TGT 392/400”

 “SELL RELCAPITAL BELOW 380 TGT 375/368”

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

DAILY CHART FOR RELCAPITAL:

The Sensex ended with a loss of 128 points at 25,102. The Sensex opened at 25,211 touched an intra-day high of 25,246 and low of 25,061. The Nifty closed with a loss of 40 points at 7,706. The Nifty opened at 7,724 hitting a high of 7,749 and low of 7,697. Indian Stock Market would open negative. Technically, Indian Stock Market is already in negative zone. Traders should continue to hold short positions as of now. Some temporary reaction would come but it would again be an opportunity to go short. Traders can short near resistance levels. target of 7720 for Nifty would soon achieve.

Sensex slides 207 points on global growth worries, Nifty below 7750

LAST RECOMMENDATION UPDATE: GIVEN ON 02 MAY 2016:

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

IN BEARISH MOMENTUM: HIT TGT 585 GIVEN SELL AT 595 MADE LOW OF 580.80

LOT SIZE: 1000                                                       

TOTAL PROFIT: 10000 IN JUST TWO LOT

FOR MORE JACKPOT CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
INTRADAY CHART FOR UPL:

The  Sensex ended with a loss of 207 points at 25,230. The  Sensex opened at 25,500 touched an intra-day high of 25,706 and low of 25,193. The Nifty closed with a loss of 59 points at 7,747. The Nifty opened at 7,825 hitting a high of 7,890 and low of 7,735. Indian Stock Market was open positive. Technically, Indian Stock Market including Nifty and BankNifty has entered into negative zone. Now some short covering rally (Positive Rally) can’t be ruled out but Every positive movement in the market would be temporary and an opportunity for traders to go short. Next target would be

TECHNICAL ANALYSIS OF UPL FOR 03 MAY 2016

FUTURE :

“BUY UPL ABOVE 606 TGT 610/620”

 “SELL UPL BELOW 595 TGT 585/575”

FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
DAILY CHART FOR UPL:

The Sensex and Nifty closed in red on Monday after manufacturing sector activity dropped to a four-month low in April amid disappointing corporate results and weak global cues. The Sensex ended with a loss of 170 points at 25,437. The Sensex opened at 25,565 touched an intra-day high of 25,565.44 and low of 25,341. The Nifty closed with a loss of 44 points at 7,806. The Nifty opened at 7,823 hitting a high of 7,830 and low of 7,777.

UPL Ltd was higher by 9% at Rs. 588. The company posted a net profit after taxes, minority interest and share of profit of associates of Rs.5520.20 mn for the quarter ended March 31, 2016 compared with Rs.4400.60 mn for the quarter ended March 31, 2015. Shriram

WEEKLY CALL FOR 02 MAY 2016 & LAST WEEKLY UPDATE OF UPL

LAST WEEKLY RECOMMENDATION:

UPL IS ON FIREEEEEEEEE …!!!!!!!!!!!!

HIT FIRST TGT 535  MADE HIGH OF 537.80 BUY AT 525

LOT SIZE: 1000

WEEKLY TOTAL PROFIT: 20000 IN JUST TWO LOT

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

WEEKLY CHART FOR UPL:

FUTURE :

“BUY ZEEL ABOVE 417.50 TGT 420/425”

“SELL ZEEL BELOW 414 TGT 410/405”

The market has ended flat after a lot of volatility. The The Nifty ended at 7849.80, up 2.55 points and the Sensex is up 3.52 points at 25606.62. UPL is likely to post net profit at Rs 473 crore in January-March quarter, up 7.5 percent from Rs 440 crore in corresponding quarter last fiscal. According to a CNBC-TV18 poll, the company's revenue in Q4FY16 may rise 6.9 percent at Rs 3876 crore

Weak end to April F&O Expiry ,sensex shuts near 25500-mark

LAST RECOMMENDATION UPDATE: GIVEN ON 27 APRIL 2016:

TATAELXSI IS ON FIREEEEEEEEEEEEEE!!!!!!!!!!!!

IN BEARISH MOMENTUM: HIT TGT 2000 GIVEN SELL AT 2040 MADE LOW OF 1894.50

LOT SIZE: 300                                                       

TOTAL PROFIT: 24000 IN JUST TWO LOT
FOR MORE JACKPOT CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>
INTRADAY CHART FOR TATAELXSI:

The Sensex ended with a loss of 461 points at 25,603. The  Sensex opened at 26,078 touched