LT IS IN SHORT TERM REVERSAL PHASE

MINDTREE BULLISH; AS PREDICTED ON 26 DEC 2017

 ACHIEVED TGT 625 ..!!

TOTAL PROFIT: 24000 PER LOT

SELL LT BELOW 1250 TGT 1230/1210 SL 1275

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 1250. it is likely to show correction with the breach of the support level of 1250, where one may initiate the short position in it for the targets of 1230/1210, while stop loss can be placed at 1275. On the other side, It is likely to continue the upside move in near term with the crossing of the resistance level of 1275. as the stock is managing to trade above its 22& 50 and 200 days moving averages with the RSI of 60.  After the breakout, the level of 1275 One may get the targets of 1295,1320 in the stock with the stop loss of 1245.

DAILY CHART FOR LT:

MINDTREE FUTURE CALL ROCKS.. !!

MINDTREE ACHIEVED TGT 612 MADE HIGH OF 619.90 

TOTAL PROFIT: 17880 PER LOT

CALL GIVEN YESTERDAY.

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DAILY CHART FOR MINDTREE

LONG-TERM TIMEFRAME CONTINUES TO REMAIN UPWARDS IN MINDTREE

BUY MINDTREE ABOVE 605 TGT 612/625 SL 595

 

After showing correction from the higher level (799) since the long-term, now the stock is trading in the recovery phase for the medium term, it is likely to continue the upside move in near term with the crossing of the resistance level of 605 as the stock is managing to sustain above the level of 560.  It is likely to continue the positive movement with the breakout of the pattern at the levels of 620. 22 &55 and 200 days moving averages seen as support level with the RSI of 72, and also showing the breakout trendline. One may get the long-term targets of 625,700,750 in MindTree with the stop loss of 535. Thus the trend of the MindTree in the short term, medium term, and even the long-term timeframe continues to remain upwards.

DAILY CHART FOR MINDTREE:

 

SBIN WEEKLY OUTLOOK & CHART FOR 26 DEC 2017

BUY SBIN FUTURE ABOVE 320 TGT 326.8/336.8 SL 313"

"SELL SBIN FUTURE BELOW 315 TGT 310/305.5 SL 321.4"

Past week on 18 Dec SBIN future has opened at 306 made a high of 324.70 and low of 300 & finally on Friday 15 Dec closed at 320.65 , total 24.70 points movement was there in the SBIN future last week. For the upcoming week SBIN future is having the support of 315 & 305.50 while the resistance will be 320/336.8.

MARUTI & SAIL VIEW FOR 22 DEC 2017

"SELL MARUTI FUTURE BELOW 9650 TGT 9614/9589 SL 9688"

"BUY SAIL FUTURE ABOVE 87.15 TGT 87.80/88.70 SL 85.20"

Markets continued to trade sideways for the thursday. Nifty and Bank Nifty traded flat throughout the day before ending marginally lower. IT and pharma were the main sectors that relatively outperformed. The border market continued its uptrend with the Nifty midcap index closing at fresh highs.

MARUTI IN FIFTH GEAR; CROSSED ALL HURDLES

CALL GIVEN IN 16 DEC POST  

"MARUTI FUTURE SELL GIVEN  @ 9180 &ACHIEVED 1^ST TGT 9020 ON 18 DEC ONLY. TOTAL 12000 PROFIT"

"MARUTI FUTURE BUY GIVEN @ 9220 & ACHIEVED FINAL TGT 9485. TOTAL 16312 PROFIT"

NET PROFIT : 28312

 As per the prediction given by me the journey of Maruti started from 9180 & fell till the level of 9020 but it was not enough again it started directly in the fifth gear and finished after crossing all the hurdles & reaching the finish point 9998.

MARUTI FUTURE CALL ROCKS....!!!!

"MARUTI FUTURE SELL CALL GIVEN IN THE LAST POST ROCKSSSS ACHIEVED 1ST TGT 12000 PROFIT IN JUST 1 LOT"

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Bulls are back with a bang after over 850 points fall as the BJP looked set to retain power in Gujarat, with the party winning 46 seats and leading in 53 others in the keenly-contested polls to the 182-member Assembly. The Congress, which had 61 seats in the outgoing Assembly, looked to have improved its tally this time as it has won 44 seats and is leading in 33 seats so far. The index hit a high of 33801 and settled up 138 points at 33601. The gauge gained 409 points in the previous two sessions after exit polls had predicted BJP win in Gujarat and Himachal Pradesh Assembly polls. The Nifty future reclaimed the key 10400-mark to close higher by 51 points, at 10410. It moved between 10459 and 10060 intraday. Barring realty, all other sectoral indices ended in the positive zone. Among them, metal index gained the most by 1.83 %, followed by auto 1.21 %, consumer durables 0.94 % and healthcare 0.78 %. On the other hand, realty index was down 0.29 %. Top five Sensex gainers were M&M (+2.71%), Sun Pharma (+2.06%), State Bank of India (+1.97%), Wipro (+1.9%) and ICICI Bank (+1.78%), while the major losers were YES Bank (-1.23%), Coal India (-1.11%), Infosys (-0.79%), ITC (-0.62%) and Kotak Bank (-0.53%).

MARUTI FUTURE WEEKLY PREDICTION 18 DEC TO 22 DEC 2017

“SELL MARUTI FUTURE BELOW 9180 TGT 9020/8920"

“BUY MARUTI FUTURE ABOVE 9220 TGT 9390/9485 SL 9140”

TO GET LIVE MARKET CALLS FILL UP THE FORM HERE >>>

Past week on 11 Dec Maruti future has opened at 9127 made a high of 9274 and low of 9080 & finally on Friday 15 Dec closed at 9191, total 194 points movement was there in the Maruti future last week. For the upcoming week Maruti future is having support of 9180 & 8920 while the resistance will be 9220/94824 .