TATASTEEL FUTURE TRADING TIP FOR 18 MAY

BUY  TATASTEEL ABOVE 495 TGT 505/515 SL 480

Primary trend of TATASTEEL  is bullish and it would be consolidating at the higher level after showing bullish movement today. but  It is expected to continue the bull run with the crossing of the resistance level of 500, as the stock is sustaining above its 200 and 50&22 days moving averages. One may initiate the long position above the mentioned level for the targets of 505,515 and with the strict stop loss of 480

DAILY CHART FOR TATASTEEL

YESTERDAY’S RECOMMENDATION UPDATE:

lupin near tgt 1315 made high of 1302.4 today ,hold lupin for full profit at final tgt 1330

Market Strong Until Nifty Holds 9375

Technically, Indian Stock Market is still in positive zone. Nifty would possess strong support near 9400 levels. Market would see reversal only if Nifty closes below 9375 levels. Market is ready for a big movement in either side. Some profit booking can’t be ruled out at this point of time as Nifty is near its major resistance levels. Technically, next target for Nifty is set to 9550-9575 but investors should consider booking partial profits at this point of time and hold remaining quantity with stoploss of 9375 levels for Nifty on closing basis. Fresh Short can only be initiated if Nifty closes below 9375 levels. 

The support for the Nifty is 9440-9400-9370-9350-9320 and the resistance to the up move is at 9580-9565-9550-9520-9500 levels.

STOCK FUTURE TRADING TIP FOR 16 MAY 2017

BUY LUPIN ABOVE 1295 TGT 1315/1330 SL 1265

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 1300 as the stock is managing to sustain above the level of 1300. One may get the targets of 1315,1350 in the stock with the stop loss of 1265. Primary trend of the LUPIN is bullish. first resistance level seen on  charts at 1326.

DAILY CHART FOR LUPIN

Go Short Only If Nifty Closes Below 9367, Until Then Hold Long

Technically, Nifty is still in positive zone. Nifty would enter into negative zone once it closes below 9367 levels .whereas BankNifty would enter into negative zone if it closes below

WEEKLY TECHNICAL VIEW ABOUT ZEEL FOR 15-19 MAY 2017

BUY ZEEL ABOVE 535 TGT 550/565 SL 510

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 535 as the stock is managing to sustain above the level of 530. One may get the targets of 550,565 in the stock with the stop loss of 510. Primary trend of the ZEEL is bullish. first resistance level seen on  charts at 550.

DAILY CHART FOR ZEEL

UPCOMING RESULTS NEXT WEEK:

YESTERDAY’S RECOMMENDATION UPDATE:

zeel rocks ACHIEVED all TGT 540 

buy on dips with a stop-loss at 9,430

Nifty contract is gaining momentum. After recording a close above the psychological 9,400 mark on Wednesday, the contract opened with a gap-up today and has risen further.The outlook is bullish. Support is in the 9,440-9,430 region which can limit the downside during the day. Immediate resistance is at 9,470. A strong break above this hurdle can take the index futures higher to 9,500 or 9,525 going forward.Short-term traders can go long at current levels and can accumulate on dips near 9,445. Stop-loss can be placed at 9,430 for the target of 9,500. Revise the stop-loss higher to 9,470 as soon as the contract moves up to 9,490.The intraday outlook will turn negative only if the contract declines below 9,440. Such a fall can drag it to 9,425 and 9,400 thereafter.

YESTERDAY’S RECOMMENDATION UPDATE:

UPL move on our words ALMOST ACHIEVED TGT 830 

BUY zeel ABOVE 515 tgt 530/540 sl 500

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 524 as the stock is managing to sustain above the level of 520. One may get the targets of 530,540 in the stock with the stop loss of 500. Primary trend of the ZEEL  is bullish. first resistance level seen on charts at 530.

DAILY CHART FOR ZEEL

Markets end at all time highs; Nifty above 9,400 for the first time ever

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: