TECHNICAL VIEW ABOUT UPL FOR 10 MAY 2017

BUY upl ABOVE 820 tgt 830/840 sl 808

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 820 as the stock is managing to sustain above the level of 800. One may get the targets of 830,840 in the stock with the stop loss of 808.It is likely to show correction with the breach of the support level of 800 where one may initiate the short position in it for the targets of 780,770. while stop loss can be placed at 830. Primary trend of the UPL  is bullish. first resistance level seen on charts at 827.

DAILY CHART FOR UPL:

TECHNICAL VIEW ABOUT WOCKPHARMA FOR 09 MAY 2017

BUY WOCKPHARMA Above 685 tgt 705/715 sl 660

READ MORE TO KNOW TECHNICAL BASIS :

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 685 as the stock is managing to sustain above the level of 685. One may get the targets of 705,720 in the stock with the stop loss of 660.It is likely to show correction with the breach of the support level of 660, where one may initiate the short position in it for the targets of 640,625. while stop loss can be placed at 690   Primary trend of the WOCKPHARMA  is bullish. first resistance level seen on charts at 700.

DAILY CHART FOR WOCKPHARMA:

WEEKLY STOCK FUTURE TRADING TIP FOR 08-12 MAY 2017

YESTERDAY’S RECOMMENDATION UPDATE:

IBULHSGFIN near tgt 1120 made high of 1112  

NOW TOTAL PROFIT: 27200 IN JUST 2 LOT

BUY MINDTREE ABOVE 502 tgt 515/535 sl 480

The MINDTREE is in bull run and Primary trend is also bullish and after giving breakout of its MONTHLY PIVORT POINT, 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 506 ; as the stock is managing to trade above its 22 and 55& 200 days moving averages with the RSI of 75, one may expect the targets of 515/535  in the stock if it manages to sustain above the immediate support level of 480.first resistance level seen as 200 EMA on charts at 506 .

                                                  DAILY CHART FOR MINDTREE:

IBULHSGFIN FUTURE TRADING TIP FOR 05 MAY 2017

BUY IBULHSGFIN ABOVE 1095 tgt 1120/1135 sl 1070

The Primary trend of IBULHSGFIN  is bullish and after giving breakout of its MONTHLY resistance 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 78, one may expect the targets of 1130/1150  in the stock if it manages to sustain above the immediate support level of 1070.first resistance level seen on charts at 1115.

DAILY CHART FOR IBULHSGFIN:

Nifty Breaks The Range Of 9370 

Technically, analysis would still remain same and Indian Stock Market is still in positive

STOCK FUTURE TRADING TIP FOR 04 MAY 2017

buy tcs BELOW 2350 tgt 2370/2400 sl 2300

The Primary trend of the TCS  is bullish and after giving breakout of its MONTHLY PIVORT 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 2350 ; as the stock is managing to trade above its 22 and 55& 200 days moving averages with the RSI of 45, one may expect the targets of 2450/2500  in the stock if it manages to sustain above the immediate support level of 2250.first resistance level seen on charts at 2400.

DAILY CHART FOR TCS:

STOCK FUTURE TRADING TIP FOR 03 MAY 2017

BUY ZEEL ABOVE 540 tgt 550/565 sl 525

The Double Bottom Reversal is a bullish reversal pattern found on candlestick charts. the pattern is made up of two consecutive troughs that are roughly equal, with a moderate peak in-between. Note that a Double Bottom Reversal on chart is completely different from Double Bottom Breakdown on chart.  Double Bottom Breakdowns on charts are bearish patterns that mark a downside support break.

                          The Primary trend of the ZEEL  is bullish and after giving breakout of its MONTHLY PIVORT 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 540 ; 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 550/565  in the stock if it manages to sustain above the immediate support level of 530.first resistance level seen on charts at 550.

 DAILY CHART FOR ZEEL:

PROFIT BOOKING TO BE SEEN UNTIL NIFTY CLOSES ABOVE 9370

YESTERDAY’S RECOMMENDATION UPDATE:

MINDTREE ACHIEVED TGT 490

 TOTAL PROFIT: 21600 IN JUST 2 LOT

WEEKLY RECOMMENDATION UPDATE:

RELINFRA  MOVE ON OUR WORDS ACHIEVED TGT 600

TOTAL PROFIT: 44200 IN JUST 2 LOT

FOR MORE CALLS SUCH WEEKLY AND INTRADAT CALLS FILL UP THE FORM GIVEN HERE>>>>>

SENSEX ended at 29,918 down 111 points, Nifty closed at 9,304

Technically, Indian Stock Market is still in positive trend. New F&O contract was start today. Market is entering into consolidation soon. Nifty may see its strength loosing below 9320 levels. Nifty has formed BLACK CLOUD COVER candlestick pattern and Stochastic are already in overbought region, so closing below 9320 would force market to see further profit booking. Further positive rally would begin only if Nifty manages to close above 9370 levels. Once market closes above 9370 levels we would see Nifty achieving the next target of 9415 levels. Until then traders can go short at resistance and long at support levels.

EVENTS NEXT WEEK: RESULTS ANNOUNCED BY

STOCK FUTURE TRADING TIP FOR 27 APRIL

buy MINDTREE at 481 tgt 490/500 sl 465

The Primary trend of the MINDTREE  is bullish and after giving breakout of its MONTHLY PIVORT 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 480 ; as the stock is managing to trade above its 22 and 55days moving averages with the RSI of 65, one may expect the targets of 490/510  in the stock if it manages to sustain above the immediate support level of 460.first resistance level as 200EMA seen on charts at 506.

DAILY CHART FOR MINDTREE: