Wednesday, March 28, 2018

STOCK FUTURE TIP FOR 02 APR 2018


BUY DABUR ABOVE 330 TGT 334/340 SL 322
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Indices slipped on Wednesday, as investors booked profit on the last trading day for financial year 2017-18 (FY18) that co-incided with the expiry of F&O contracts for the March 2018 series. That apart, weak global cues also weighed on the overall sentiment. ICICI Bank and Axis Bank slipped as much as 2 per cent, after gaining in the last two sessions. The Nifty private bank index fell as much as 0.8 per cent, on track to snap a two-day gaining streak. Bharti Airtel hit a week-low, and technicals suggested further downside. The stock fell as much as 3.19 per cent to Rs 400, lowest since March 21. Seventeen out of 19 sectoral indices on ended lower with telecom, metal, basic materials and healthcare falling most.Jet Airways India Ltd shares fell 2.2% to Rs623 Biocon Ltd shares gained 2% to Rs614. BSE MidCap and SmallCap were down 0.53% and 0.92%, respectively. Wipro, Coal India, Hero MotoCorp and Kotak Bank were top gainers, whereas Tata Steel, Bharti Airtel, Adani Ports and Sun Pharma were among the major losers. 
                        Dabur India Limited is a fast moving consumer goods (FMCG) company. The Company operates in various product categories, such as hair care, oral care, healthcare, skin care, home care and foods.After showing correction from the higher level, now the stock is trading in the recovery phase for the Short term , it is likely to continue the upside

Monday, March 26, 2018

HCLTECH IS IN SHORT TERM RECOVERY


BUY HCLTECH ABOVE 938 TGT 945/955 SL 910
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Domestic stocks made a strong rebound on Monday amid reports that the US and China were negotiating to avoid any escalation of the ongoing trade war. Trader activity too was visible ahead of the expiry of futures and options contracts in the truncated trading week. BSE MidCap was up 1.19% and SmallCap rose 0.73%. Sixteen out of 19 sectoral indices on BSE closed higher led by bank, which was up 2.30%, followed by finance 2.26% and consumer durables 2.24%. On NSE, Nifty PSU Bank rose 4.94%. Yes Bank, SBI, HDFC Bank and Tata Steel were among the top gainers, whereas Wipro, Infosys, Power Grid and Kotak Bank were major losers. Long buildup was seen in NIIT Tech, M&M, Axis Bank, ZEEL, Arvind, UltraTech Cement, HUL, Hindalco, Coal India, ONGC, HDFC, ICICI Bank and LIC Housing Finance while shorts were seen in MindTree, Petronet LNG and Wipro. 

HCL Technologies Limited is engaged in providing a range of software development services, business process outsourcing services and information technology infrastructure services. 
              After showing correction from the higher level, now the stock is trading in the recovery phase for the Short term and for long term, it is likely to continue the upside move

Friday, March 23, 2018

VOLTAS IN RED; AS PREDICTED ON 21 MARCH





PROFIT AT 1ST TGT  610 = 10000 
PROFIT AT 2ND TGT 595 = 25000
TOTAL PROFIT = 35000

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DAILY CHART FOR VOLTAS:

Thursday, March 22, 2018

VOLTAS TRADED BELOW ITS 55&22 EMA





PROFIT AT 1ST TGT  610 = 10000 IN 1 LOT

CONTINUE TO HOLD FOR FINAL TGT 595

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DAILY CHART FOR VOLTAS:


Wednesday, March 21, 2018

TRADE IDEA ON VOLTAS FUTURE FOR 22 MARCH 2018


“SELL VOLTAS BELOW 620 TGT 610/595”
"BUY VOLTAS ABOVE 630 TGT 640/655"

Voltas Limited is engaged in room air conditioners, contract revenue, commercial refrigeration products and sale of services. After showing  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 620. it is likely to show correction with the breach of the support level of 620, where one may initiate the short position in it for the targets of 610/595. as the stock is managing to trade below its 22& 50 days moving averages with

Friday, March 16, 2018

ARVIND IS IN SHORT TERM DOWNTREND


"SELL ARVIND BELOW 395 TGT 390/380 SL 406"

FOR NEXT UPDATE KEEP READING 

TECHNICAL VIEW:  Arvind Limited is a textile company. The Company's principal products/services are finished fabrics and garments.ARVIND is forming a bearish pattern in short-term charts, the Primary trend of the ARVIND is bearish. Strong Support level is seen on the daily chart at 392. , it is likely to show correction with the breach of the support level of 392, where one may initiate the short position in it for the targets of 380, while stop loss can be placed at 406.  as the stock is managing to trade BELOW its 22& 55 &200 days moving averages with the RSI of 42.  on the other hand After the breakout, the resistance level of 406 One may get the targets of 412/420 in the stock with the stop loss of 395.
DAILY CHART FOR ARVIND: