Wednesday, January 10, 2018

IN THE LIGHT OF RESULTS TCS LOOKS BULLISH


BUY TCS ABOVE 2775 TGT 2810/2840 SL 2725
SELL TCS BELOW 2725 TGT 2700/2660 SL 2810

TO GET INFY INTRADAY TRADING LEVELS WHATS UP ME ON 09039542248 >>>>
Today, TCS stocks spurt 3.6% ahead of results. In the immediate future market will look for more budget-related cues and as per progress of Q3 results season. For this week, IT stocks will remain in limelight – TCS and Infosys will report their results for the quarter ended December 2017 on Thursday and Friday respectively.
                                     Primary trend of the TCS is bullish and after giving breakout of its range-bound movement, it is forming continuation pattern in short-term, medium term and long term charts, it is likely to continue the positive movement with the breakout of the pattern at the levels of 2775 level. as the stock is managing to trade above its 22& 55 and 200 days moving averages with the RSI of 70, one may expect the targets of 2800/2840/2860 in the stock if it manages to sustain above the immediate support level of 2700. below 2725 one may expect the target of 2670/2660.
DAILY CHART FOR TCS:

Monday, January 8, 2018

WARM UP OF MINDTREE STARTED; RACE WILL CONTINUE TILL 750


26 DEC 2017: MINDTREE ROCKS ACHIEVED TARGET 625 MADE HIGH OF 645 

TOTAL PROFIT 48000 

again BUY MINDTREE ABOVE 630 TGT 650/680 SL 605

 

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 and for long term, it is likely to continue the upside move in near term with the crossing of the resistance level of 645 as the stock is managing to sustain above the level of 630.  It is likely to continue the positive movement with the breakout of the pattern at the levels of 630. 22 &55 and 200 days moving averages seen as support level with the RSI of 77, and also showing the breakout trendline. One may get the long-term targets of 650,700,750,800 in MindTree with the stop loss of 580. 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:

Friday, January 5, 2018

CONSOLIDATED ZEEL WILL SEE THE BREAKOUT TOWARDS NEW HIGH


BUY ZEEL ABOVE 589 TGT 595/605 SL 580
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TECHNICAL VIEW: 
                     ZEEL is trading in the short-term uptrend phase, it is likely to continue the upside move in near term with the crossing of the resistance level of 589 as the stock is managing to sustain above the level of 580.  It is likely to continue the positive movement with the breakout of the pattern at the levels of 589. 22 and 55&200 days moving averages seen as SUPPORT  level with the RSI of 65,  One may get the targets towards the new high of 595,605 in the stock with the stop loss of 580. Primary trend of the ZEEL is bullish. Strong Support level is seen on the daily chart at 577 AT 200 EMA. 597 level seen as a strong resistance level.
DAILY CHART FOR ZEEL:



Wednesday, January 3, 2018

TRADE IDEA ON YESBANK FOR 04 JAN 2018


LT BREAKS OUR GIVEN RESISTANCE LEVEL 1277 AND TODAY, CLOSED NEAR TO TARGET 1295 HOLD FOR FINAL TGT 1320

1ST JAN VOLTAS SELL CALL ACHIEVED TARGET 640 AT 640.20


BUY YESBANK ABOVE 315 TGT 318/325 SL 310

YESBANK is in the consolidation from long-term and is forming a bullish pattern in short-term charts, it is likely to show correction with the breach of the support level of 312, where one may initiate the short position in it for the targets of 308,305. while stop loss can be placed at 320.   Primary trend of the YESBANK is bullish and if it will able to sustain above  MONTHLY PIVOT POINT, then it will forming continuation pattern; 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 BUYING ABOVE 320 and targets of 324/329 in YESBANK.  if it manages to sustain above the immediate support level of 312 .first resistance level seen on charts at 323.
DAILY CHART FOR YESBANK

Tuesday, January 2, 2018

LT IS IN SHORT TERM REVERSAL PHASE


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 1277. On the other side, It is likely to continue the upside move in near term with the crossing of the resistance level of 1277. 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 1277 One may get the targets of 1295,1320 in the stock with the stop loss of 1245.
DAILY CHART FOR LT:

Monday, January 1, 2018

TRADE IDEA ON VOLTAS FUTURE FOR 02 JAN 2018



 ACHIEVED TGT 310
TOTAL PROFIT: 15000 IN JUST ONE LOT

“SELL VOLTAS BELOW650 TGT 640/625”
After showing strong bullish movement, it is forming a reversal pattern in short-term charts, the Primary trend of the VOLTAS is bearish. Strong Support level is seen on the daily chart at 650. it is likely to show correction with the breach of the support level of 650, where one may initiate the short position in it for the targets of 640/620, while stop loss can be placed at 675. On the other side, It is likely to continue the upside move in near term with the crossing of the resistance level of 675. 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 675 One may get the targets of 695,715 in the stock with the stop loss of 650.
DAILY CHART FOR VOLTAS: