BULLISH TRADE IDEA FOR TATASTEEL FUTURE FOR 17 MAR

BUY TATASTEEL ABOVE 500 TGT 505/510 SL 492

Nifty closes at record high, still 10 pts away from lifetime high

After a gap up open at 9,156, the Nifty futures contract marked an intra-day high at 9,181 levels. Technically, Indian Stock Market is still in positive zone. All major events like UP Polls and US FED Interest Rate hike have been finished which will now remove uncertainty from the markets and Indian Stock Market would head towards new highs. Indian Stock Market would move positive and traders should hold long positions or go long at every dip in the market. Nifty would see targets of 9180-9220-9300, soon. Investors can go long in blue-chip companies and Banking sector. Overall, market is positive and all trades should be in long side.On the other hand, Fresh short positions are recommended with a fixed stop-loss only if the contract declines below 9,145 levels.

YESTERDAY’S RECOMMENDATION UPDATE:

BIOCON  ROCKS HIT FIRST ALL TGT 1125 MADE HIGH OF 1126.95

BUY GIVEN AT 1100

LOT SIZE: 600

 TOTAL PROFIT: 32340 IN JUST 2 LOT

Markets end marginally lower ahead of Fed rate decision

Nifty is trading on a mixed note and manages to sustain above 9,100, it is not gaining strength to extend its up move. nifty made a high of 9,130 and has come-off slightly from there.Market may continue to trade on a mixed note as it awaits the outcome of the US Federal Reserve meeting tonight. This may set the trend for the market. A breakout on either side of the 9,080-9,135 range will decide the next move. If nifty declines below 9,080, it can move down to 9,060 initially. Further break below 9,060 can drag it to 9,020 or 9,000.On the other hand, if nifty manage to surpass the hurdle at 9,135 decisively, it can rally to 9,150 or even 9,200 thereafter.

BULLISH TRADE IDEA FOR BIOCON FUTURE FOR 15 MAR

SRTRANSFIN CALL GIVEN ON " 8 MARCH " ROCKS HIT ALL TGT 1000 MADE HIGH OF 1024

BUY GIVEN AT 960

LOT SIZE: 600

NOW TOTAL PROFIT: 48000 IN JUST 2 LOT

BUY BIOCON ABOVE 1100 TGT 1125/1150 SL 1060

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Primary trend of the BIOCON is bullish and after giving breakout of its MONTHLY PIVOT POINT 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 1100 ; as the stock is managing to trade above its 22 and 55&200 days moving averages with the RSI of 55, one may expect the targets of 1125/1150 in the stock if it manages to sustain above the immediate support level of 1100.

Nifty closED ABOVE 9,080; Sensex jumps 496 pts

Indian Stock Market was opened gap positive with 150+ points for Nifty and 300+ points for Sensex. BJP’s clear sweep in UP was a big positive surprise for the market. Market would see lifetime highs today. Some profit booking can be seen from higher levels but overall market is positive for now. Global Market would wait for US FED Interest rate hike. Overall, market

WEEKLY STOCK FUTURE TRADING TIP

WEEKLY RECOMMENDATION UPDATE:

TCS ALMOST HIT TGT 2560 MADE LOW OF 2549.80

BUY GIVEN AT 2520

TOTAL PROFIT: 14900 IN JUST 2 LOT

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

BUY AXISBANK ABOVE 525 TGT 535/550 SL 510

Primary trend of the AXISBANK 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 525 ; as the stock is managing to trade above its 22 and 55&200 days moving averages with the RSI of 60, one may expect the targets of 535/550 in the stock if it manages to sustain above the immediate support level of 500.

YESTERDAY’S RECOMMENDATION UPDATE:

SRTRANSFIN  MADE HIGH OF 971.85

BUY GIVEN AT 960

LOT SIZE: 600

NOW TOTAL PROFIT: 14220 IN JUST 2 LOT

AND YOU CAN HOLD FOR MORE PROFIT TILL TGT 980

MARKET EYING EXIT POLL RESULTS; NIFTY CLOSES ABOVE  8950

Sensex was trading at 28,915, up 13 points, while Nifty was ruling at 8,956, up 4 points.Technically,Nifty  is getting support around 8,900. Technically nifty is retaining its 8,870-9,020 sideways range for more than a week now. A breakout on either side of this range will decide the next move for it.

STOCK FUTURE TRADING CALL FOR TODAY

BUY SRTRANSFIN ABOVE 960 TGT 980/1000 
SL 945

Primary trend of the SRTRANSFIN 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 560 ; as the stock is managing to trade above its 22 and 55 days moving averages with the RSI of 58, one may expect the targets of 980/1000 in the stock if it manages to sustain above the immediate support level of 500. 200 EMA act as resistance level at 1000.

GO NIFTY LONG ON A DIP FROM 8,950 WITH A SL AT 8,930

Sensex  closed down 16 points or 0.18 per cent at 8,946, after closing at its highest since March 2015 on Monday. The nifty ended 48 points or 0.17 per cent lower at 28,999. Technically, Nifty has entered into positive zone .Now, no direction can be confirmed as we are heading towards big event of UP Poll Results. Nifty may see some profit booking around 9000 levels. Market would consolidate in a range bound region with big volatility in upcoming days.

                                      Nifty has paused after a strong rally over the past two trading days.

 Nifty is not gaining strength to break above the psychological 9,000 mark. Key support is in the 8,950-8,930 region. If the contract manages to sustain above this support zone, a range bound move between 8,930 and 9,000 is possible for some time.An eventual break above 9,000 may take the nifty higher to 9,020 initially. Further break above 9,020 will increase the likelihood of nifty rallying to 9,050 or to even higher levels thereafter.High risk appetite traders can go long on a bounce from 8,950. Stop-loss can be placed at 8,930 for the target of 8,980.On the other hand, if the contract breaks below 8,945, it can fall to 8,900 or 8,875. In such a scenario, the broader 8,875-9,000 range that has been in place for almost three weeks will remain intact.

BIG EVENTS THIS WEEK TO GENERATE HUGE MOVEMENT

BUY INFY ABOVE 1025 TGT 1045/1070 SL 1000

The Nifty which opened with a gap on higher side reclaimed its crucial resistance level of 8950 and finally closed at 8,963. It formed a Bullish candle which is a positive sign. If  Nifty able continue to hold above the 8,920 level to witness an up move towards 9,000 and then towards 9,119 levels .                                         
                             Technically, Analysis would remain same and Indian Stock Market is still in positive zone for now. Now this week is full of big events. ECB Interest rate decision on March 09, 2017 and UP Election Counting on March 11, 2017 would create huge volatility. Market would enter into positive zone. nifty closes above 8950 .traders can initiate long positions in the market .Make sure that every trade should be perfectly hedged as huge volatility would be seen in the market. BankNifty would see around 4% movement before March 16, 2017 option expiry on either side and we expect BankNifty to breach 21000 in positive direction or 20000 in negative direction. post UP Election Results, so traders can go for Long strangle or Long straddle positions .