IS NEW HIGH ON NIFTY ON CARDS??

To get live trading tips for Monday 24-5-21 WHATSAPP ON 7772909587📲
In this week market witnessed a volatile , especially after the WPI inflation numbers hit their 11-year high at 10.49% for April. While higher inflation raised some concerns, its near-term impact was effectively neutralized by a drop in the number of Covid-19 cases in India. Nifty closed the week on a positive note and crossed the previous short term resistance of 15,050. Nifty needs to close decisively above 15,200 level to start a fresh bullish move within the channel. As long as it does not take a decisive direction, we maintain a sideways to mild bullish outlook.

A jump in bank and IT stocks, optimism over recent fall in Covid cases, easing of lockdown restrictions in some states and strong quarterly numbers from blue-chip companies pushed domestic stocks higher in this week. Positive global cues added to the sentiment, as the BSE Sensex rallied 976 points to end above 50,500 level. Nifty surged 1.8% & closed above its psychological mark of 15,550-mark. Nifty constituent SBI jumped 5 % after reporting an 80% surge in Q4 profit. Peers HDFC Bank, IndusInd Bank and ICICI Bank climbed 4 % each, helping the index post solid gains for the day. JSW Steel and Hindalco also gained after reporting multifold jumps in their Q4 bottom lines. Stocks such as Bharti Airtel, M&M, UPL and Tata Motors added 2%. But sugar stocks such as Bajaj Hindustan, Sakthi Sugars, Simbhaoli Sugars and Dharani Sugars fell 5 % each after the government decided to cut sugar export subsidies for the current season. In the broader market, every two of three stocks settled lower. A total of 327 stocks hit fresh 52-week highs, while 440 stocks hit their respective upper circuit limits. Fear gauge India  eased 3 %t to 19 level, comforting the bulls.

TATAMOTORS STOCK NEXT WEEK PREDICTION 17 MAY 2021

BUY TATAMOTORS FUT 2 LOTS ABOVE 314 TARGET 320/335 SL 305
SELL TATAMOTORS FUT 2 LOTS BELOW 310 TARGET 302/289 SL 318
Today Tata motors -4.22 %  its board will meet next week to consider a proposal to raise funds through various means. The board meeting is scheduled to be held on tuesday, may 18, 2021 to consider and approve the audited financial results for the quarter and financial year ended march 31, 2021. Tata motors did not give an indication on the quantum of the amount that the company intends to raise.

On this weekend nifty closed  at 14678 with the loss of nearly1% & formed a dark cloud cover sort of candle pattern on weekly chart, which is a bearish reversal candle by nature. Among stocks, asian paints, upl, itc, nestle india, berger paints, colgate palmolive, l&t, icici prudential, marico, power grid and mcdowell holdings witnessed bullish setup, while weakness was seen in jindal steel & power, dlf, gail, container corporation, nalco, piramal enterprises,indusind bank, exide industries, l&t finance holdings, m&m, havells and mrf. Except capital goods and fmcg, all other sectoral indices ended in the red, with metal, oil & gas, healthcare, auto and realty indices falling 2%.among individual stocks, a volume spike of more than 100% was seen in nalco, pi industries and pidilite industries.
Accourding us friday's low is expected to act as a key level in the coming sessions, and if it holds the same, then there could rally towards recent highs.
FOR LIVE MARKET TRADING TIPS CALL OR WHATSAPP ON 7772909587📞📲

FALL IS GOOD CHANCE TO BUY 👍👍

FOR GETTING LIVE MARKET TRADING TIPS SMS ON 7772909587📲

Increased cases of corona have led to increased market fluctuations. The market has lost about 5 % from its high of February 2020. We suggest that falls are also wary of the second wave of Corona in India. Covid cases are expected to reach peak soon. Hence, the market may remain sideways but there is no possibility of major fall in it. Once the corona cases reach their peak, then the corona curve will begin to become flat. After that, there will be a fast recovery in the market.We suggest some stocks for buy in upcoming days 👇

ESCORTS - The tractor industry is expected to witness strong growth in FY22 due to the normal monsoon forecast. Apart from this, construction equipment and railway business will also see good growth. In the next 2 years, the earning growth of escorts can be in double digit.

ICICI Bank- It is expected that ICICI Bank will recover faster than other banks due to injury caused by the wave of covid-19. The bank's loan growth and NIMs have been strong in the fourth quarter of FY 2021. This sequence will continue even further.The company will benefit from the government focus on L&T-infrastructure. The company will also get strong support from overseas markets and defense sector.

ICICI PRUDENTIAL - Channel diversification and new initiatives on product front will see strong growth in the company in FY 2022. Further, the company's New Business Value & Embedded Value  can also see a growth of 15% & 8 %. Currently this stock is available at a much lower price than its peers.

INFOSYS- Infosys has given a very good revenue and margin guideline for FY 2022. It is expected that the company's earnings will grow at 15 per cent in FY 2022 and 16.2 per cent in FY 2030. Further, we can get good returns in this stock.

TATASTEEL CLIMBING UP THE ROPE ↑

BUYING GIVEN IN YESTERDAY’S POST

https://beststockfuturecalls.blogspot.com/2021/05/metal-stocks-will-remain-in-spotlight.html

TATASTEEL ACHIEVED FIRST TARGET 1087 BUYING GIVEN FROM 1075
BOOKED PROFIT OF 10200 (1 LOT ONLY)

HOLD 2^ND LOT FOR FINAL TARGET 1095
TO GET SUCH MORE LIVE CALLS WHATSAPP ON 7772909587

METAL STOCKS WILL REMAIN IN SPOTLIGHT

"BUY TATASTEEL FUT 2 LOTS ABOVE 1075 TARGET 1087/1095 SL 1060"

A fantastic recovery led by metals with a host of stocks in the broader markets from sugar to rice to tea and coffee kept the screen lively in a highly volatile trading session. Today titan company, reliance industries, indusind bank, axis bank and bpcl were among the top losers on the nifty. Gainers included sbi life insurance, bharti airtel, adani ports, tata steel and hul.among sectors, metal index rose over 2% while selling was seen in the banking and energy names.

Metal space has been in the spotlight throughout 2021, compared to the single-digit return seen in nifty. Metal index rose over 50% so far in 2021, compared with a 2% gain seen in the sensex during the same period. We expect that the rally in the metal space will continue for some more time; however, investors sitting on gains can book some profits. Stocks that rose in double digits in may include names like Jsw Steel, Sail, Jindal Steel & Power, Tata Steel, Nalco, Nmdc, Vedanta, Hindustan Zinc & Hindalco. Jsw steel, sail and tata steel lead the pack by rising 19-42%, displaying the dominance of large caps in the sector.
FOR GETTING LIVE MARKET TRADING TIPS WHATSAPP  ON 7772909587 

MARUT & SAIL FUT ROCKSSS WITH FINAL TARGET ACHIEVED

BUYING GIVEN IN TODAY’S POST
https://beststockfuturecalls.blogspot.com/2021/05/intraday-stock-future-trading-tips-for.html

MARUTI FUT ACHIEVED BOTH TARGET 6606/6636 BUYING GIVEN FROM 6566  
BOOKED PROFIT OF 11000

SAIL FUT ACHIEVED BOTH  TARGET 125/125.50 BUYING GIVEN FROM 124 
BOOKED PROFIT OF 23750

NET PROFIT-34750 
TO GET SUCH MORE CALLS JOIN US ON WHATSAPP  7772909587

WILL RELIANCE BE THE SUPPORT SYSTEM OF MARKET ?

"BUY RELIANCE FUT 2 LOT ABOVE 2010 TARGET 2029/2035 SL 1990"

On Friday heavy selling in key spaces including financials stocks such as hdfc twins kept both indices in the red throughout the day. Among the blue chip stocks, ongc was the top gainer rising 4%. Coal india, grasim, divi’s labs, indianoil, sun pharma, dr reddy’s labs, bpcl, wipro and cipla were other gainers.Hdfc was the top loser in the nifty pack, falling 4%. Hdfc bank, icici bank, kotak mahindra bank, asian paints, tata motors, m&m, adani ports and tcs were other stocks were ended in red.

Reliance industries numbers today will set the tone for the next week's opening along with developments on the covid front. Reliance industries is the country's largest corporate house by market-capitalization, is scheduled to announce march quarter earnings today. The consolidated revenue is expected to grow in double digits on a sequential basis, while the profitability may see moderate growth due to sharp surge in tax expenses. The company is expected to report 6-9% QoQ growth in consolidated  supported by all business segments, including recovery in retail, for the quarter ended march 2021. Reliance industries share price has gained around 2 percent in the current calendar year 2021, and has rallied 44% in the last one year period, playing supportive role for the index.
FOR GETTING BEST LIVE MARKET TRADING TIPS WHATSAPP ON 7772909587📲

FASTEN SEATBELT!!! NIFTY IS READY TO FLY IN MAY

FOR GETTING LIVE MARKET TIPS WHATSAPP ON 7772909587📲📞
Fresh highs on the nifty may be coming sooner than expected but 15000-14950 is likely to act as a strong hurdle and that is what played out on  morning as the index touched 15000 but failed to hold on to it. If the momentum continues, the nifty should be able to hit fresh record highs probably in may.

Moving average convergence divergence,a trend-following momentum indicator, has given a bullish crossover, which suggests a positive outlook for the bulls. The earnings outcome of companies in the banking, IT, and auto space led the up move, which helped to boost investor’s confidence. The third year of normal monsoon with increased government spending is good news for auto companies, such as Hero MotoCorp with large rural market share. Mahindra & Mahindra's Q3FY21 performance was driven by good performance in both the tractors and autos businesses.
TOP GAINERS-JSWSTEEL,TATASTEEL,HINDALCO,UPL
TOP LOSERS-SBIN,HDFC,LT,TATAMOTORS,M&M