WEEKLY ANALYSIS OF ZEEL FOR 17-21 OCT

“SELL ZEEL BELOW 520 TGT 500/480”

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Primary trend of the stock is bearish. It is expected to After showing correction from the higher level, , it is likely to continue the downside move in near term with the crossing of the support level of 520 as the stock is managing to sustain below  the level of 520. One may get the targets of 500,480. in the stock with the stop loss of 542. charts, it is likely to show correction with the breach of the support level of 520.

sensex, NIFTY ends flat ; nifty above 8600

The Indian stock market recovered from the previous session's multi-month low and closed marginally higher with financials gaining on the prospect of further rate cuts after inflation cooled to a 13-month low in September. Sensex ended with a gain of 30 points at 28,507. The Sensex opened at 27,712, touched an intra-day high of 27,764 and low of 27,548.The Nifty closed with a gain of 10 at 8,583. The Nifty opened at 8,594 hitting a high of 8,604 and low of 8,549.80. The Indian stock market recovered from the previous session's multi-month low and closed marginally higher with financials gaining on the prospect of further rate cuts after inflation cooled to a 13-month low in September. Technically , Nifty 8680 then it will lead as resistance levels, above 8680 will take the indices upside towards 8750/8800  . A strong break (close)below 8550 will increase the downside pressure and drag it to 8500,8300. Traders can go short on a break below 8550 with a stop-loss at 8680 for the target of 8500/8400.

TOP GAINERS: GAIL, L&T, Tata MotorsDVR, Tata Motors, RIL, BPCL

TOP LOSERS:  Zee, Bharti Infratel, Infosys, HUL, Eicher Motors and Idea  

WEEKLY TCS CALL UPDATE:GIVEN ON 7 OCT

" TCS FUTURE CALL ROCKS....!!!

HIT FIRST TGT 2320 MADE LOW OF 2311.15

"PROFIT 19425 IN JUST 2 LOT"

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https://beststockfuturecalls.blogspot.in/2016/10/weekly-analysis-of-tcs-for-10-14-oct.html

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NIFTY ENDS ABOVE 8700;Q2 EARNINGS EYED

The Indian equity market snapped a three-day losing streak and closed marginally higher on Monday ahead of IIP data for August.The BSE Sensex ended with a gain of 21 points at 28,082. It opened at 28,144, touched an intra-day high of 28,217 and low of 28,068.The NSE Nifty closed with a gain of 17 points at 8,715. It opened at 8,735, hit a intra day high of 8,746 and low of 8,704. Benchmark share indices ended flat amid lack of investor participation even as gains in IT majors ahead of their second quarter earnings helped capped downside. IT exporters emerged as the top gainers ahead of their earnings with Infosys scheduled to announce its second quarter earnings on Friday, October 14, 2016. Infosys ended up 1.7%,TCS gained 0.5% and Wipro ended flat.

TREND TURNS BEARISH.

Market is now playing out the Bearish Rising Wedge breakout and is headed southwards. Interestingly markets closed below the 50dma, which has turned even the medium term trend to bearish. Nifty 8680 then it will lead to another strong bearish pattern breakout, which will take the indices lower towards the long term average of 200dma. A strong break (close)below 8680 will increase the downside pressure and drag it to 8500,8400. Traders can go short on a break below 8700 with a stop-loss at 8820 for the target of 8500.

TOP GAINERS:  Tata Steel, ACC, Asian Paints, Cipla, Hindalco, Infosys, Lupin

TOP LOSERS:  Bharti Airtel, Reliance Industries, Adani Ports, NTPC, Grasim and BPCL 

WEEKLY ANALYSIS OF TCS FOR 10-14 OCT

“BUY TCS ABOVE 2375 TGT 2400/2450”

“SELL TCS BELOW 2350 TGT 2320/2290”

FOR MORE ROCKING CALLS FILL UP THE FORM GIVEN HERE>>>>>

Primary trend of the stock is bearish. It is expected to 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 2375 as the stock is managing to sustain above the level of 2375. One may get the targets of 2400,2450 in the stock with the stop loss of 2350. charts, it is likely to show correction with the breach of the support level of 2350, where one may initiate the short position in it for the targets of 2320,2290 while stop loss can be placed at 2390.

Sensex fall for thied straight day; Nifty below 8,700 us jobs data eyed

Sensex ended today’s trading with a loss of 45 points at 28,061. It opened at 28,129, touched an intra-day high of 28,156 and low of 27,965.The Nifty closed with a loss of 12 points at 8,698. It opened at 8,722, hit an intra-day high of 8,724 and low of 8,664. Indian market declined for a third consecutive session today. The domestic market started off on a positive note but then slipped into the red. It then remained in the negative zone throughout most of today’s session and closed with a marginal loss. Technically, For now, Market looks to enter into negative zone, so traders can go short for now. The downfall would be step but would not last long. Nifty Closed below 8700 it will a worry for Indian Stock Market. A strong break (close)below 8700 will increase the downside pressure and drag it to 8500,8400. Traders can go short on a break below 8700 with a stop-loss at 8820 for the target of 8500.On the other hand, a decisive break above 8820 will ease the downside pressure and take the index futures higher to 8900 and 8950 .

TOP GAINERS:  Tata Steel, Tata Motors DVR, Zee, Bajaj Auto, Tata Motors, Tata Power

TOP LOSERS:  Bharti Infratel, Asian Paints, Eicher Motors, HDFC, Infosys and Cipla 

MINDTREE CALL UPDATE: GIVEN ON 5 OCT

" MINDTREE FUTURE CALL ROCKS....!!!

HIT FIRST TGT 487 MADE LOW OF 482.20

"PROFIT 10240 IN JUST 1 LOT"

TO READ FULL REPORT CLICK ON 

https://beststockfuturecalls.blogspot.in/2016/10/trade-idea-on-mindtree-future-for-06.html

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SENSEX FALL FOR SECOND STRAIGHT DAY; NIFTY HOLDS 8,700 MARK

The equity market continued on yesterday’s lackluster note and lost further ground today. After opening on a flat note, indices remained under pressure and slipped lower in the second half. Weak global cues, coupled with lower crude oil prices, rupee and profit booking weighed on the domestic markets. The Sensex ended today’s trading with a loss of 115 points at 28,106. It opened at 28,298, touched an intra-day high of 28,329 and low of 28,031.The Nifty closed with a loss of 34 points at 8,710. It opened at 8,769, hit an intra-day high of 8,781 and low of 8,685. Technically, Indian Stock Market would see a sharp correction for now and we can even see Nifty breaching 8700 levels. For now, Market looks to enter into negative zone, so traders can go short for now. The downfall would be step but would not last long. So traders should consider booking profits at lower levels. Traders can go short as of now and book profits at lower levels whereas investors can consider this downfall as opportunity to go long in pieces. Nifty Closed below 8700 it will a worry for Indian Stock Market.

A strong break below 8700 will increase the downside pressure and drag it to 8500,8400. Traders can go short on a break below 8700 with a stop-loss at 8820 for the target of 8500.

On the other hand, a decisive break above 8820 will ease the downside pressure and take the index futures higher to 8900 and 8950 .

TOP GAINERS:  GAIL, BPCL, Grasim, RIL, HUL, Bosch, ONGC, Bharti Infratel 

TOP LOSERS:  Bank of Baroda, Cipla, Power Grid, NTPC, M&M and UltraTech Cement

TRADE IDEA ON MINDTREE FUTURE FOR 06 OCT 2016

“BUY MINDTREE ABOVE 505 TGT 513/530”

“SELL MINDTREE BELOW 495 TGT 487/475”

FOR MORE ROCKING CALLS FILL UP THE FORM GIVEN HERE>>>>>

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 505 as the stock is managing to sustain above the level of 500. One may get the targets of 513,530 in the stock with the stop loss of 495. Where one may initiate the short position below 495 in it for the targets of 487,475 while stop loss can be placed at 505.

Global cues drag,Nifty below 8,750
Sensex ended today’s trading with a loss of 114 points at 28,221. It opened at 28,426, touched an intra-day high of 28,478 and low of 28,189.The  Nifty closed with a loss of 25 points at 8,743. It opened at 8,806, hit an intra-day high of 8,807 and low of 8,731. Markets made a firm opening today on news that the International Monetary Fund (IMF) raised projections for India’s economic growth by 0.2 percentage points to 7.6% for 2016-17 and 2017-18. Today’s major decline was led by banking, IT, finance, oil & gas, teck, and energy, stocks; while realty, telecom, industrial, FMCG and metal stocks were among the gainers.
TOP GAINERS:  Tata MotorsDVR, Bharti Infratel, BPCL, UltraTech Cement, Eicher 
TOP LOSERS:  ONGC, Axis Bank, Adani Ports, Idea Cellular, Kotak Mahindra Bank

URJIT PATEL'S FIRST RBI POLICY ANNOUNCEMENT

Policy Rate		Old Rate		New Rate
Bank Rate		7%		6.75%
Repo Rate		6.5%		6.25%
Reverse Repo Rate		6%		5.75%
CRR		4.00%		4.00%
SLR		20.75%		20.75%

The latest monetary policy meeting was the first meet where the interest rate decision is taken by a panel. Urjit Patel, the RBI governor, was one among the six-member Monetary Policy Committee (MPC) recently notified by the government. Indian stocks rallied for the third consecutive day today after the Reserve Bank of India (RBI) cut its key lending rate or the repo rate by 25 basis points to a six-year low of 6.25%, from 6.5% earlier. Today Sensex ended with a gain of 91 points at 28,335. It opened at 28,378, touched an intra-day high of 28,405 and low of 28,242.The  Nifty closed with a gain of 31 points at 8,769. It opened at 8,770, hit an intra-day high of 8,784 and low of 8,736.Sentiments were on optimistic note after World Bank stated that India’s GDP growth will remain strong at 7.6% in 2016 and 7.7% in 2017.