Tuesday, January 23, 2018

BIOCON EYEING RESULTS ON 24 JAN 2018


BUY BIOCON ABOVE 630 TGT 650/670 SL 600
SELL BIOCON ONLY BELOW 600 TGT 580/555 SL 630

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Primary trend of the BIOCON is bullish and after giving breakout of its MONTHLY RESISTANCE  level, it is forming continuation pattern in short term charts, it is likely to

Friday, January 19, 2018

WEEKLY OUTLOOK ON AXISBANK FOR 22-25 JAN 2018


BUY AXISBANK ABOVE 592 TGT 600/610 SL 582
SELL AXISBANK BELOW 580 TGT 577/568 SL 595
Primary trend of the AXISBANK  is bullish and after giving breakout of its MONTHLY resiatance level of 580 range bound movement, it is forming 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 592 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 600/610/620 in the stock if it manages to sustain above the immediate support level of 578. below 578 one may expect the target of 568/568.
DAILY CHART FOR AXISBANK:

Thursday, January 18, 2018

WEEKLY MINDTREE BULLISH; AS PREDICTED ON 12 JAN 2018


12 TH JAN 2018 MINDTREE CALL ACHIEVED ALL TARGET 680 MADE HIGH A OF 690
YOU CAN HOLD MINDTREE FOR NEXT TARGET OF 720/750 

ROCKING STRATEGY FOR RELCAPITAL & IDFC ; BOOKED PROFIT 25740 

 OPTION TRADING TIPS

RESULT: Mindtree reported a 13.4 percent growth in third quarter net profit 
.The midcap IT services company reported revenue of Rs 13,777 million, a growth of 3.5 percent sequentially. Net profit was Rs 1,415 million.
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DAILY CHART FOR MINDTREE

Wednesday, January 17, 2018

TCS ROCKS ACHIEVED ALL TARGETS !!!!


RESULT: TCS Q3 profit grows 1.3%,Profit during the quarter increased to Rs 6,531 crore from Rs 6,446 crore in previous quarter.Revenue in rupee terms grew by 1.2 percent to Rs 30,904 crore and dollar revenue rose 1 percent to USD 4,787 million compared to September quarter, driven by strong deal wins and digital demand.

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DAILY CHART FOR TCS

Friday, January 12, 2018

EYE ON MINDTREE ; BULLISH (15 JAN TO 19 JAN) 2018


bUY MINDTREE ABOVE 638 TGT 645/655 SL 610

 

After showing correction from the higher level 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 638. 22 &55 and 200 days moving averages seen as support level with the RSI of 70,  One may get the long-term targets of 650,680,720 in MindTree with the stop loss of 590. 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:

Thursday, January 11, 2018

KEEP AN EYE ON INFY ; LOOKS BULLISH DUE TO RESULTS


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BUY INFY ABOVE 1070 TGT 1085/1100 SL 1050
SELL INFY BELOW 1050 TGT 1025/1000 SL 1075
Primary trend of the INFY 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 1070 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 1085/1100/1120 in the stock if it manages to sustain above the immediate support level of 1050. below 1050 one may expect the target of 1025/1000.
DAILY CHART FOR INFY: