MARKET EYED GUJARAT EXIT POLL

EXPECTING GOOD VOLATILITY IN TOMORROW TRADING SESSION DUE TO GUJRAT EXIT POLLS.. TO GET LIVE CALLS PLEASE FILL YOUR NAME & MOBILE NO. HERE >>>

The Sensex ended the session higher by nearly 200 points on fag-end buying as investors turned their attention toward exit poll results for Gujarat Assembly elections. The Sensex bounced back in the last one hour of the session to hit a high of 33321 before closing up 193 points at 33246. The gauge had lost 402 points in the previous two sessions due to grim economic data and the lowering of economic growth forecast by the Asian Development Bank. Similarly, in a range-bound movement, the Nifty settled higher by 59 points at 10252. Intra-day, it shuttled between 10276 and 10141. Strengthening of rupee against the dollar also supported the domestic sentiment. Among BSE sectoral indices, oil & gas index gained the most by 0.99 %, followed by FMCG 0.69 %, banking 0.67 % and healthcare 0.63 %. On the other hand, consumer durables index was down 0.61 %, infrastructure 0.11 %, and IT 0.04 %.

Top five Sensex gainers were Dr Reddy's (+2.34%), Cipla (+2.22%), ITC (+1.87%), M&M (+1.36%), and Axis Bank (+1.24%), while the major losers were TCS (-2.62%), Sun Pharma (-0.48%), PowerGrid (-0.37%) and L&T (-0.01%).

On the upside, the Nifty has significant resistances at 10340 and 10375 levels. A conclusive rally above the second resistance is needed to strengthen the bullish momentum and take the contract up to 10400 and 10450 in the same period. Therefore, traders with a short-term perspective should desist from trading in the index futures contract as long as it trades in the sideways band between 10200 and 10300.

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Supports: 10200 and 10150

Resistances: 10335 and 10375

HINDALCO FUTURE ROCKSSSSSSS

HINDALCO FUTURE CALL GIVEN ON 11 DEC 

ROCKS ACHIEVED FINAL TGT 15400 PROFIT

ALSO CHECK BANKNFITY OPTION CALL ON  http://niftytipsniftylevels.blogspot.in/

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Market extended losing streak to second consecutive session, nifty future losing over 100 points in two days. All eyes would be on the FED's decision on the interest rates and the tone of the commentary of future rate trajectory. Gujarat state elections outcome, which will be announced on December 18, 2017, as well as Crude oil prices, will act as important factors in dictating terms in the coming days. Nifty ended below 10250 level, which indicates further weakness is on the cards. As expected Nifty future fell to the 10190 levels. If the current momentum extends further then we expect some more minor corrective move for the Nifty future, which could take the index retesting its immediate previous low of 10030. Bank Nifty, on the other hand, fell sharply and closed exactly at the psychological 25000 mark, which is also the crucial horizontal line support zone. Going forward, the 24750 level is likely to act as a strong support zone for the Bank Nifty. While the upside will be capped around the 25400 resistance zone.

NIFTY VIEW FOR 13 DEC 2017

After opening flat note selling pressure was witnessed there in the market on Tuesday. ONGC witnessed a smart uptick as crude prices hit a two and a half year high, while all the oil marketing companies ended in the red. HDFC Bank was the major contributor to the losses in Nifty and BankNifty. Nifty Futures and Bank Nifty Futures ended the day 0.8%/1.1% lower and added fresh open interest to the tune of ~5.2/3 lakh shares, indicating a marginal hint of short positions. The Realty, FMCG and Banking stocks were the top losers. Even the midcap and smallcap stocks were not spared.

ICICIBANK & HINDALCO FUTURE CALL FOR 12 DEC 2017

“BUY ICICIBANK FUTURE ABOVE 313 TGT

315.4 /318.5 SL 311.2”

“SELL HINDALCO BELOW 238 TGT

236.4/235.2 SL  241.4”

The BSE Sensex closed 200 points higher at 33,455, while the NSE Nifty50 closed above 10,322. In early trade on Monday, Sensex advanced by 195 points on continuous buying by domestic institutional investors amid strong global leads. The NSE Nifty also went past the 10,300-mark.

SBI, Axis Bank, UltraTech Cement, Bharti Airtel, Maruti Suzuki, HDFC and Eicher Motors were early gainers while Infosys and HUL were losers.

ITC FUTURE CALL ROCKSSSSSSS

"LAST POST ITC FUTURE SELL CALL ROCKS ACHIEVED FINAL TGT 251.80 TOTAL 8400 PROFIT IN INTRADAY TRADE"

Today Itc future opened at 253.85 made a high of 254.10 & low of 251.20 & closed on our given target of 251.80.

SBIN NOT EXECUTED...

Market came down after the RBI announcement of key repo rate unchanged to 6%. The Sensex closes down 205 points at 32597 points, while Nifty closes down 74 points at 10044 points. Reliance Industries (1.76 %), Maruti Suzuki (1.42 %) and Hindustan Unilever (1.05 %) were the top gainers while Sun Pharma (2.31 %), SBI (2.21%) and ICICI Bank (1.96%) were the top losers.

SBIN & ITC FUTURE CALL FOR 6 DEC 2017

“BUY SBIN FUTURE ABOVE 322 TGT 325.8/328 SL 319.4”

“SELL ITC FUTURE BELOW 254 TGT 252.7/251.8 SL 256.8”

In today’s trade markets remained resilient and posted strong recovery in the afternoon trade. Shriram Transport Finance and Jet Airways were the biggest F&O gainers in the trade, gaining 6% each.

HDFC Bank and ITC dragged the index most while PSU banks were among the outperformers. Nifty closed in red losing 0.1% while Nifty Bank gave a sharp recovery in last 2 hours of trade, recovering almost everything that it lost during the day.  

MARUTI FUTURE ACHIEVED 1ST TGT

"MARUTI FUTURE CALL GIVEN IN THE LAST POST ACHIEVED 1^ST TGT 8550  MADE A LOW OF 8525 CONTINUE TO HOLD FOR FINAL TGT 8500 "

Range-bound trading session closed on a flat note. Today Stocks closed marginally higher as sentiments were lifted by a rally in Infosys shares and stronger Asian shares after the passage of a tax bill by the US Senate on Saturday. Any gains in Indian shares are also likely to be capped ahead of the Reserve Bank of India’s policy meeting on Wednesday. Indiabulls HF, Infosys, HCL Tech, GAIL and Hindalco gained the most on Nifty50. Bharti Infratel, UPL, Coal India, Bajaj Finance and UltraTech Cement were the top losers in today’s trade. Out of 2018 stocks traded on the NSE, 691 advanced, 998 declined, and 329 remained unchanged today. A total of 66 stocks registered a fresh 52-week high in trade today, while 26 stocks touched a new 52-week low on the NSE.

MARUTI IS IN SHORT TERM REVERSAL PHASE

SELL MARUTI BELOW 8594 TGT 8550/8500 SL 8660

TECHNICAL VIEW:  After showing strong bullish movement, it is forming a reversal pattern in short-term charts, the Primary trend of the LT is bearish. Strong Support level is seen on the daily chart at 8594. , it is likely to show correction with the breach of the support level of 8594, where one may initiate the short position in it for the targets of 8550/8500, while stop loss can be placed at 8660. On the other side, It is likely to continue the upside move in near term with the crossing of the resistance level of 8660. as the stock is managing to trade above its 22& 50 and 200 days moving averages with the RSI of 70.  After the breakout, the level of 8660 One may get the targets of 8690,8720 in the stock with the stop loss of 8570.

DAILY CHART FOR MARUTI: