WEEKLY TRADE IDEA ON HDFC FUTURE

yesteday’s upl almost HIT TGT 662 MADE HIGH OF 661.60!!!

weekly SRF HIT TGT 1580 MADE HIGH OF 1612

WEELY TOTAL PROFIT: 50000 IN JUST TWO LOT

“SELL HDFC BELOW 1250 TGT 1220/1190”

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

Primary trend of the stock is bearish and It is expected to continue the down trend with the crossing of the support level of 1230, as the stock is sustaining below its 200 ,55 days moving averages. One may initiate the short position below the mentioned level for the targets of 1210/1190 and with the strict stop loss of 1265.

CANDLESTICKER PATTERN:

The confirmation level is defined as the midpoint of the gap between the Doji and the previous candlestick. Prices should cross below this level for confirmation.The stop loss level is defined as the higher of the last two highs. Following the bearish signal, if prices go up instead of going down, and close or make two consecutive daily highs above the stop loss level, while no bullish pattern is detected, then the stop loss is triggered.

Nifty closes below 8100, Sensex drops 330 points

TRADE IDEA ON UPL FUTURE FOR 02 DEC 2016

“BUY UPL ABOVE 656 TGT 662/672”

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

Primary trend of the stock is bullish and it is running above monthly pivot level. It is expected to continue the bull run with the crossing of the resistance level of 650, as the stock is sustaining above its 200 days moving averages. And seen as a support level on charts. One may initiate the long position above the mentioned level for the targets of 662/672 and with the strict stop loss of 640.

Sensex closes in red and Nifty ends below 8200

The Sensex ended with a loss of 93 points at 26559. The benchmark indices opened at 26756, touched an intra-day high of 26769. and low of 26540.The Nifty closed 33 points lower at 8192. It opened at 8,244. points, hitting a high of 8,250. and low of 8,185. In a volatile trade, indices pared gains to settle on a lower note after initial rally dragged by telecom, banking and metal indices. India’s GDP, announced yesterday, grew lower than expected in the September quarter at 7.3% also affected the sentiment. Technically, Swinging between gains and losses, Sensex rose as much as 143 points during intra-trade before falling over 100 points while Nifty also broke it’s crucial 8,200 levels.

TOP GAINERS:  Eicher Motors, GAIL, Infratel, Hero Motocorp, Sun Pharma, Dr Reddy

TOP LOSERS:  Idea, Powergrid, Asian Paints, Hindalco, Tata Motors, ICICI Bank

SENSEX GAINS 258 POINTS, NIFTY ENDS ABOVE 8200

The Sensex ended with a gain of 258 points at 26652. The benchmark indices opened at 26441, touched an intra-day high of 26680 and low of 26395.The  Nifty closed 82 points higher at 8,224. It opened at 8,172 points, hitting a high of 8,234 and low of 8,139.

Technically, While 8,280 region is where averages meet, and is expected to force a turn lower, retracement figures from September peak and November peak suggest that a turn lower could evolve earlier than that. Such a move should call for 8,070 initially and then 7,800. Alternatively, direct rise above 8,280 could open room for 8,380 or even 8,580 in an optimistic scenario. The Indian stock market rallied to a near 3-week high as a gauge of lenders snapped its two-day losing streak and automakers extended their rally. The key benchmark extended their gains in the late afternoon session and was hovering near the highest point of the day amid higher opening among European counterparts. Sentiments remained upbeat on expectations of positive Gross Domestic Product (GDP) data to be released later in the day.

 TOP GAINERS:  ICICI Bank, Maruti Suzuki, Ambuja Cement, Yes Bank, Ultra Cement

TOP LOSERS:  Idea, Lupin, GAIL, Reliance, Zee Entertainment, Cipla, Tata Motors

TRADE IDEA ON STAR FUTURE FOR 30 NOV 2016

“BUY STAR ABOVE 1110 TGT 1125/1150”

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

Primary trend of the stock is bullish and It is expected to continue the bull run with the crossing of the resistance level of 1110, as the stock is sustaining above its 200 &55 days moving averages. One may initiate the long position above the mentioned level for the targets of 1125/1150 and with the strict stop loss of 1085.

Sensex trims gains to settle flat ahead of Q2 GDP data

The  Sensex ended with a gain of 44 points at 26394.01. The indices opened at 26408., touched an intra-day high of 26587. and low of 26354..The  Nifty closed 15 points higher at 8142. points. It opened at 8,131. points, hitting a high of 8,197. and low of 8,128. The Sensex closed the day at 26,394, up 44 points, while the Nifty ended at 8,142, up 15 points. The immediate target for the Nifty is seen at 8,020-8,050 on the lower side and 8,250-8,182 on the higher side .

GDP data

Investors believe country's economy probably picked up steam in the July-September quarter on strong demand, but Prime Minister Narendra Modi's surprise demonetisation move this month will likely dent growth in coming months. A Reuters poll today said country's GDP may have expanded 7.5% in July-September quarter from the same period a year ago, accelerating from a 15-month low of 7.1% in the April-June quarter. Fitch Ratings, meanwhile, lowered country's GDP growth forecast for this fiscal year to 6.9% from 7.4%, there will be "temporary disruptions" to economic activity post demonetisation.

TOP GAINERS:   Eicher Motors, Idea Cellular, Bosch, Maruti, GAIL, M&M, Asian Paint 

TOP LOSERS:  Hindalco, Axis Bank, Sun Pharma, BPCL, ITC, TCS, Bank of Baroda

WEEKLY RECOMMENDATION UPDATE:

HINDPETRO HIT TGT 470 MADE HIGH OF 482.40

WEELY TOTAL PROFIT: 68040 IN JUST ONE LOT

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

Sensex ends marginally up; Nifty50 holds above 8,100 

The  Sensex ended with a gain of 34 points at 26,350. The indices opened at 26,304, touched an intra-day high of 26,414 and low of 26,183.The Nifty closed 13 points higher at 8,127 points. it opened at 8,081 points, hitting a high of 8,147 and low of 8,067. After a volatile session, the Indian stock market ended flat on Monday. The domestic market traded on a flat note during the mid-afternoon session .Banking stocks recovered after falling up to 4% following RBI’s cash reserve ratio (CRR) hike on incremental deposits.Sentiments got some support with Fitch Ratings’ latest statement that it expects India's GDP growth trend to be higher than China's in the medium term despite demonetisation. Some support also came after the RBI Governor Urjit Patel said that all necessary actions are being taken to 'ease the genuine pain of citizens' who are honest and who have been hurt.Technically, A strong break below 8100 will increase the downside pressure and drag it to 8000/7950. Traders can go short on a break below 8100.On the other hand, a decisive break above 8200 will ease the downside pressure and take the index futures higher to 8250 and 8350 .

TOP GAINERS:  Bharti Airtel, Tata Power, Zee, Idea Cellular, Adani Ports, Bosch, ONGC

TOP LOSERS:  Bank of Baroda, SBI, IndusInd Bank, Yes Bank, ICICI Bank and M&M

WEEKLY TRADE IDEA ON SRF FUTURE FOR 28 NOV-02 DEC 2016

“BUY SRF ABOVE 1530 TGT 1560/1580”

“SELL SRF BELOW 1470 TGT 1440/1400”

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 1530 as the stock is managing to sustain above the level of 1550. One may get the targets of 1560,1580 in the stock with the stop loss of 1470.

Fantastic Friday! Nifty reclaims 8,100 mark, Sensex surges 456 points

Sensex which opened at 25,953.24 points, closed at 26,316, up 456 points or 1.76% from the previous close at 25,860.17 points. The Sensex touched a high of 26,244 points and a low of 25,874.45 points during the intra-day trade so far.The NSE Nifty closed with a gain of 142 points at 8,107. The Nifty opened at 8,008 hitting a high of 8,122 and low of 7,977.Technically, A close above the 8000-8050 zone would boost bullish sentiment, experts said. On the downside, the Nifty50 has meaningful support near the 7,920 and 7,880 levels, but it needs to cross and hold above the 8,050 level to get a confirmation of trend reversal after a sharp drop over the past five weeks.

TOP GAINERS: Tech Mahindra, TCS, Infosys, HCL Tech and Sun Pharma

TOP LOSERS:  ACC, Bharti Infratel, Bajaj Auto, Eicher Motors and Bharti Airtel

SENSEX SINKS 192 POINTS; NIFTY50 SETTLES NOVEMBER F&O SERIES AT 7965

Equity indices, Sensex and Nifty50, snapped a two-day winning streak on Thursday after the rupee fell to a record low, dampening market sentiment. The Sensex lost 240.84 points or 0.92% at the day's low of 25,810.97 in afternoon trade, its lowest level since 22 November 2016. The barometer index shed 2.67 points or 0.01% at the day's high of 26,049 in opening trade. The Nifty lost 80 points or 1% at the day's low of 7,952. in late trade, its lowest level since 22 November 2016.

Technically, The Nifty50 remained in the grip of the bears for most part of the trading session on Thursday as the November series futures and options contracts expired. The bulls tried to make a comeback, but selling pressure pushed the index below the 8,000 mark, which resulted in a bearish candle on the daily candlestick charts. Formation of two Hammer patterns on the daily charts suggested a reversal. But, as suggested, a Hammer pattern requires a confirmation by a way of long white day or long bullish candle in the very next session. If we ignore price action of the last 30 minutes, then the benefit of the doubt goes to the bulls. On the first day of the new series, if the Nifty50 closes above 8,000, then

TRADE IDEA ON MOTHERSUMI FUTURE FOR 24 NOV 2016

“BUY MOTHERSUMI ABOVE 300 TGT 308/315”

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

Primary trend of the stock is bullish and It is expected to continue the bull run with the crossing of the resistance level of 300, as the stock is sustaining above its 200 days moving averages in short term charts. One may initiate the long position above the mentioned level for the targets of 308/315 and with the strict stop loss of 290.

Nifty settles above 8000

The Sensex rose 91 points or 0.35% to settle at 26,051, its highest closing level since 18 November 2016. The index rose 169 points or 0.65% at the day's high of 26,130. The index lost 83 points or 0.32% at the day's low of 25,877.The Nifty rose 31 points or 0.39% to settle at 8,033., its highest closing level since 18 November 2016. The index rose 52.points or 0.66% at the day's high of 8,055. The index lost 29.20 points or 0.36% at the day's low of 7,973.With dollar regaining strength, and with FII selling persisting, stocks failed to add much to Tuesday’s short covering rally.several states suggesting changes in the model GST law and compensation formula, the GST Council meeting scheduled for November 25 has been postponed to December 2-3

TOP GAINERS:  Lupin, Hindalco, Asian Paints, Tata Steel, Bosch and L&T

TOP LOSERS:  M&M, HDFC, Bank of Baroda, Maruti, Gail, BPCL