STOCK FUTURE CALL FOR 24DEC19

BUY TATASTEEL ABOVE  460.10 TARGET 465/470 SL  452  
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Benchmark indices recovered from the lows and ended flat after witnessing volatility during the session.At close, the Sensex was down 38.88 points at 41,642.66, while Nifty was down 5.60 points at 12,266.20.  Yes Bank, Nestle India, Reliance Industries, SBI and Coal India were among major losers on the Nifty, while gainers were Zee Entertainment, Vedanta, Dr Reddys Laboratories, Maruti Suzuki and Hero Motocorp.Among sectors, PSU bank, energy, infra and FMCG ended lower, while buying seen in the auto stocks.

STOCK FUTURE CALL FOR 20 DEC 19 !!!!!!!!!!!!!

BUY RELIANCE ABOVE 1607.80  TARGET  1617 / 1628  SL  1598 

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NSE Sensex gained 115.35 points or 0.28% to close at 41,673.92 after hitting a record high of 41,685.02. The Nifty 50 index was up 38.05 points or 0.31% to close at 12,259.70. The index hit intraday high of 12,261.25.Yesterday, GST Council, in its 38th meeting, voted for uniform rate of 28% on lotteries across the country. Markets managed to end in the green amid volatility, in continuation to the prevailing uptrend. Initially,

MARKET UPDATE OF 18 DEC 19

TODAY'S MARKET UPDATE !!!!

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Federal indirect tax body, the Goods and Services Tax (GST) Council, is likely to leave tax rates unchanged at its meeting on Wednesday and instead, will explore maximising the realisation of revenue by checking tax evasion,Nifty has been consolidating around 11,900-mark for a week. We believe Nifty is in an uptrend and has very strong support around 11,650-11,700. Any meaningful correction towards 11,800-11,850 is an opportunity to buy with support placed at 11,650. On the higher side, 12,200-12,300 is expected in the next few weeks. Private banking and IT stocks are expected to trade with positive bias.

STOCK FUTURE CALL FOR 18 DEC19

BUY MUTHOOTFIN ABOVE  716 TARGET 722 /726 SL  710 

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Nifty is headed for 12,400-12,450 in the near term. I have continued to maintain bullish stance on the markets even during the downside which has worked very well. Metal sector is likely to surprise on the upside. Immediate support is placed at 12,000 zone.While the market gains could extend in the coming sessions, I prefer to remain cautious at higher levels. I believe volatility is likely to remain high in the near term, hence investors should follow stock specific approach focusing on fundamentally sound stocks at attractive valuations. Meanwhile, investors would keep a watch on outcome of GST council meet (scheduled tomorrow) as well as continue to track global markets.

MARKET OVER VIEW OF TODAY !!!!!!!!!!!1

TODAY'S MARKET UPDATE 

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The Sensex was down 70.99 points at 40,938.72, while Nifty was down 26 points at 12,060.70Nifty consolidates in a tight band as Bulls take a break. Markets traded in an extremely narrow band however, . the index scales to new high expect the index to scale higher towards 12,400 zone on the upside. Overall trend continues to remain bullish. Support at 11,980-11,900 & resistance at 12,150-12,400.. I expect the upcoming year to be a good for equity investments,The top gainers from the Nifty index are Tech Mahindra, Tata Consultancy Services, GAIL India, HCL Tech and HDFC while the top losers include Grasim Industries, Vedanta, ITC, Adani Ports and JSW Steel.

MARKET UPDATE OF 13 DEC19

    TODAY'S MARKET UPDATE 

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The Indian stock market continues trading on a robust note with Sensex up 389.73 points or 0.96 percent at 40971.44 while the Nifty jumped 101.70 points at 12073.50.The top gainers from the Nifty index are Vedanta, Coal India, State Bank of India, Axis Bank and Hindalco Industries while the top losers include Dr Reddy's Labs, Bharti Airtel, Kotak Mahindra Bank, Zee Entertainment and Britannia Industries. Metal stocks continue to shine following news that the United States had reached a "deal in principle" with China to resolve a trade war that has rattled markets for nearly two years.

STOCK FUTURE CALL ROCKSSSSSS !!!!!!!!!!!!!!!!!!!!!

RBL BANK  CALL  ROCKSSSSSSS GIVEN ON YESTERDAY, ACHIEVED BOTH TARGET WITH HUGE PROFIT OF  13920

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At close, the Sensex was up 169.14 points at 40581.71, while Nifty was up 61.60 points at 11,971.80.  Tata Motors, Yes Bank, Vedanta, Tata Steel and SBI were the top gainers on the Nifty, while losers were Infosys, ONGC, HCL Technologies, Bharti Airtel and TCS.Except IT, all other sectoral indices ended in the green led by the metal, auto, pharma, bank, infra and energy.

STOCK FUTURE CALL FOR 12 DEC 19

BUY RBL BANK ABOVE 324.10 TARGET 327.80/332  SL319 

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At close, the Sensex was up 172.69 points or 0.43% at 40,412.57, while Nifty was up 53.40 points or 0.45% at 11,910.20. . GAIL, Zee Entertainment, NTPC, IOC and ONGC were among major gainers on the Nifty, while losers include Yes Bank, Hindalco Industries, Vedanta, Hero MotoCorp and Bharti Airtel.Except metal, all other sectoral indices ended higher led by the IT, energy, auto and infra.Nifty Metal is the underperforming sector, down a percent dragged by Hindustan Copper, SAIL, NALCO, Vedanta, JSW Steel and Hindalco Industries.