NIFTY END BELOW 8578; MARKET EYEING THE GST BILL

index forming beARISH PATTERN; Go Short At Every Positive Rally

Today, Sensex ended with a loss of 284 points at 27,697. While, The Nifty closed with a loss of 78 points at 8,545. Stock market in India ended with sharp cuts on Wednesday as the government introduced the GST bill in the parliament. Investors are awaiting the outcome on the Goods and Services Tax (GST) constitutional amendment bill in Parliament. According to reports, the long-pending GST Bill is listed for consideration and passage in Rajya Sabha today amidst strong indications that the most far-reaching taxation reform would be supported by Congress and all other major political parties. The government is keen to get the GST Bill approved during the Monsoon Session of Parliament ending on August 12, 2016. Indian Stock Market was open negative. Technically, Nifty and  BankNifty has entered into negative region. Today, GST Bill would be discussed in Rajya Sabha. GST Bill news is already priced in and once the news is disclosed, market would move Sharply positive with a jerk but this positive rally would not last long. We expect that market would see deep correction after this positive jerk. Traders can go short in BankNifty at every

NIFTY CLOSE BELOW 8650; MARKET REMAIN RANGEBOUND

LAST DAILY RECOMMENDATION:

IN BULLISH MOMENTUM: VOLTAS HIT TGT 361  MADE A LOW OF 357.65

LOT SIZE: 2000

DAILY TOTAL PROFIT: 29400 IN JUST ONE LOT

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

The Indian stock market once again ended with marginal losses on Tuesday amid a highly volatile session. Market participants turned jittery ahead of the tabling of GST Bill in Rajya Sabha scheduled on Wednesday. Sensex ended with a loss of 21 points at 27,982. The Sensex opened at 28,069 touched an intra-day high of 28,175 and low of 27,944.The Nifty closed with a loss of 14 points at 8,622. The Nifty opened at 8,647 hitting a high of 8,687 and low of 8,611.Indian Stock Market would open flat. Technically, Nifty is still in positive trend but BankNifty has entered into negative region. Now if Nifty closes below 8578 levels, then we could see sharp downfall. Once any positive news comes in respect of GST Bill, Market

TECHNICAL ANALYSIS OF VOLTAS FOR 02 AUG 2016

LAST DAILY RECOMMENDATION:

IN BULLISH MOMENTUM: ZEEL HIT FIRST TGT 510  MADE A HIGH OF 511.75

LOT SIZE: 1300

DAILY TOTAL PROFIT: 22750 IN JUST ONE LOT

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

“BUY VOLTAS ABOVE 371 TGT 374/380”

“SELL VOLTAS BELOW 365 TGT 361/355”

The Indian equity market closed with marginal losses on Monday erasing all its early gains. Sensex ended with a loss of 49 points at 28,003. The Sensex opened at 28,083 touched an intra-day high of 28,285 and low of 27,874.The Nifty closed with a loss of two points at 8,636. The Nifty opened at 8,654 hitting a high of 8,711 and low of 8,591. Nifty in its daily time series chart has formed a Doji pattern. Going forward key level to watch is 8,750-8,625. Market is expected to move much higher if it manages to move above the breakout level of 8,750. Important support is at 8,625-8,610 and resistance is visible around 8,700-8,750. Among domestic macro economic data, Services PMIdata is schedule to

WEEKLY TECHNICAL ANALYSIS OF ZEEL FOR 01 AUG

LAST WEELY RECOMMENDATION:

IN BULLISH MOMENTUM: HDFCBANK HIT ALL TGT 1255 MADE HIGH OF 1261.70

LOT SIZE: 500

DAILY TOTAL PROFIT: 26700 IN JUST TWO LOT

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

FUTURE:

“BUY ZEEL ABOVE 503 TGT 510/515”

“SELL ZEEL BELOW 494 TGT 488/480”

DAILY CHART FOR ZEEL:

Primary trend of the stock is bullish and 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 470 ; as the stock is managing to trade above its 50 and 200 days moving averages with the RSI of 70, one may expect the targets of 520  in the stock if it manages to sustain above the immediate support level of 490. The stock is in bull run and is forming a reversal pattern also in short term charts, it is likely to show correction with the breach of the support level of 480, where one may initiate the short position in it for the targets of 455, while stop loss can be placed at 510.Today, Sensex ended with a loss of 157 points at 28,052. The Sensex opened at 28,233 touched an intra-day high of 28,233 and low of 28,038.The Nifty closed with a loss of 28 points at

NIFTY SHUTS ABOVE 8,650, AT FRESH 52-WEEK CLOSING HIGH ON GST HOPES

LAST DAILY RECOMMENDATION:

IN BULLISH MOMENTUM: YESBANK HIT FINAL TGT 1220  MADE A HIGH OF 1226.75

LOT SIZE: 700

DAILY TOTAL PROFIT: 14000 IN JUST ONE LOT

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

Technically, Indian Stock Market is still in positive zone. Today is F&O Expiry and huge volatility was be seen. Market would see some sharp correction but it would be temporary and  Nifty closes above 8636, now we can see a sharp positive rally in days to come. GST news would decide further market movement but traders should buy at dips near support levels and book profits at resistance levels.The support for the Nifty is 8550-8530-8496-8470 and the resistance to the up move is at 8636-8665-8707-8741 levels. Today,The Indian stock market rallied for second consecutive session amid smooth rollovers in F&O expiry.

NIFTY SHUTS ABOVE 8,600 MARK; END FLAT AHEAD OF JULY F&O EXPIRY

LAST DAILY RECOMMENDATION:

IN BULLISH MOMENTUM: YESBANK HIT FIRST TGT 1210  MADE A HIGH OF 1212.75

LOT SIZE: 700

DAILY TOTAL PROFIT: 14000 IN JUST TWO LOT

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

Sensex ended with a gain of 48 points at 28,024. The Sensex opened at 27,976 touched an intra-day high of 28,211 and low of 27,899.93.The Nifty closed with a gain of 25 points at 8,616. The Nifty opened at 8,599.40 hitting a high of 8,665 and low of 8,572.Stock market in India ended with modest gains on Wednesday amid a highly volatile trading session. Indices slipped sharply lower in the first half with the Nifty slipping below the 8600 mark. However as the day progressed benchmarks stabilized and staged a smart recovery in the last half an hour .Technically, Indian Stock Market is still in positive zone. But Market was unable to retain 8600 levels by closing yesterday and again entered into rangebound region. Now Market would again see sideways movement until it breaches 8636 levels. Closing above 
8636 levels for Nifty would force market to see a sharp breakout from this trading range. Now, GST is the only event that can trigger market to see a sharp positive rally.

TOP GAINERS: Bharti Infratel, ICICI Bank, Zee Ent, Maruti Suzuki, Adani Ports, IndusInd

TOP LOSERS: Idea Cellular, ITC, Tata Steel, RIL, Axis Bank, Coal India and ONGC

TECHNICAL ANALYSIS OF YESBANK FOR 27 JULY 2016

 “BUY YESBANK ABOVE 1200 TGT 1210/1220”

“SELL YESBANK BELOW 1180 TGT 1170/1160”

DAILY CHART FOR YESBANK:

Sensex ended with a loss of 119 points at 27,977. The Sensex opened at 28,121 touched an intra-day high of 27,150 and low of 27,927.The Nifty closed with a loss of 45 points at 8,591. The Nifty opened at 8,634 hitting a high of 8,645 and low of 8,577. After a strong rally in the previous session, indices failed to carry forward the momentum on Tuesday. Indices that held firm throughout the day slipped sharply in the last hour. Technically, Now Indian Stock Market is still in Positive trend and BankNifty has again entered into positive zone. Some temporary correction would be seen after a sharp positive movement yesterday but overall

TECHNICAL ANALYSIS OF ZEEL FOR 26 JULY 2016

LAST DAILY RECOMMENDATION: GIVEN ON  21 JULY 2016

IN BULLISH MOMENTUM: YESBANK HIT FINAL TGT 1185  MADE A HIGH OF 1191.85

LOT SIZE: 700

DAILY TOTAL PROFIT: 35000 IN JUST TWO LOT

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

 “BUY ZEEL ABOVE 477 TGT 482/486”

“SELL ZEELBELOW 472 TGT 468/460”

The Sensex ended with a gain of 292 points at 28,095. The benchmark indices opened at 27,754 touched an intra-day high of 28,110 and low of 27,736.51.The Nifty closed 94 points higher at 8,636 points. It opened at 8,520 points, hitting a high of 8,641 and low of 8,517. The Nifty closes above 8,600 for first time since July 22, 2015.The Indian stock market ended with smart gains on Monday as the Sensex hit its highest level in more than a week while the Nifty hit its highest level in more than 11 months. Recent under-performers such as Infosys and State Bank of India recovered on improved sentiment following assurances from global policymakers on the need to boost growth. In addition, better than expected monsoon season has lifted the sentiment across the board.

But Now, traders should watch Nifty movement carefully to decide the trend. If Nifty breaches levels of 8600-8625 levels, then we would see a sharp positive breakout in all the indices. Traders should also keep in mind that if Nifty doesn’t close below 8478 levels in