NIFTY FUTURE LEVELS FOR 18 FEB 2022

 "BUY NIFTY 2 LOTS ABOVE 17290 TG 17365/17435
SL 17207"

NIFTY LEVELS PREDICTION FOR TOMORROW 18 FEB 2022

FOR TOMORROW'S LIVE MARKET TIPS CONTACT ON 7772909587 

After a volatile session, today's market ended marginally lower. The benchmark tried to inch higher after the initial decline, but profit taking in the final hours pared all the gains. In the end, the Nifty ended the session down 0.2% to 17322 levels. Of the sectors, most ended in the red with PSU banks, metals and media being the top losers. The broader nifty ended mixed with midcaps under pressure, while smallcaps ended 0.9% higher. Markets are currently dancing to the tunes of the global economy and we do not expect this to change anytime soon. The minutes of the US Fed meeting and tensions over the Ukraine-Russia crisis will remain relevant in the near term. Besides, the scheduled weekly expiry would further add to the choppiness. We reiterate our cautious stance and suggest waiting for further clarity.
SUPPORT:17174,17086,16867
RESISTANCE: 17393,17524,17743

 We expect volumes to pick up with receding Omicron effect and recovery in economic activities. Persistent good performance of RE in international market, extensive distribution network, new product launches, high traction in all-new Classic 350, proactive engagement with suppliers to address supply chain bottlenecks and multiple management actions taken to optimize cost base augur well for the company’s performance in future.

 

25000/- PROFIT BOOKED IN TODAY'S CASH CALLS

FOR SUCH MORE INTRADAY CALLS WHATSAPP NOW ON 7772909587

 TVS MOTOR 1st TARGET ACHIEVED @ 676 BUYING CALL GIVEN FROM 669

BOOKED PROFIT OF 3500 (500 SHARES) 

CYIENT 1st TARGET ACHIEVED @ 905 BUYING CALL GIVEN FROM 896

BOOKED PROFIT OF  4500 (500 SHARES) 

LAURUSLAB BOTH TARGET ACHIEVED @ 553/559 BUYING CALL GIVEN FROM 547
 BOOKED PROFIT OF  9000 (1000 SHARES) 

BRIGADE BOTH TARGET ACHIEVED @ 503 /509 BUYING CALL GIVEN FROM 497
BOOKED PROFIT OF 9000 (1000 SHARES) 

EQUITY CASH CALLS ON 17 FEB 2022

 BUY TVS MOTOR ABOVE 669 TG 676/683 SL 661

BUY BRIGADE ABOVE 497 TG 503/509 SL 490

BUY LAURUSLAB  ABOVE 547 TG 553/559 SL 540

BUY CYIENT  ABOVE 896 TG 905/914 SL 886

NIFTY LEVEL PREDICTION FOR TOMORROW 17 FEB 2022

Today at higher levels, we continue to face selling pressure. 17600 is the key resistance level and until we turn the corner on a closing basis, we will continue to see sideways to bearish trends. We are in a trading zone and we should be patient as the stops are large and unforgiving.
Today nifty ended on a negative note in today's high-volatility session dragged by auto, bank, metal, and IT stocks. At close, the sensex was down 145.37 points or 0.25% at 57,996,& the nifty was down 30 points or 0.17% at 17,322. The shares rose by about 1958, declined by 1309, and remained unchanged by 99. 
SUPPORT :17193,17089,16834
RESISTANCE : 17448,17599,17854

Among today's top losers, Power Grid Corporation, UltraTech Cement, NTPC, ICICI Bank, and SBI rank among the losers, while Divis Labs, Adani Ports, ONGC, IOC, and HDFC Life rank among the gainers. A sell-off was seen in the auto, IT, power, metal, PSU bank and capital goods indices, while the healthcare, oil & gas and realty indices recorded gains. The midcap and smallcap indices ended flat and up, respectively.

18350/- PROFIT BOOKED IN TODAY'S STOCK FUTURE CALLS

FOR MORE LIVE MARKET TRADING TIPS JOIN NOW ON WHATSAPP 7772909587 

TATA MOTORS FUT ACHIEVED 1ST TARGET @ 504 BUYING CALL GIVEN FROM 501 BOOKED PROFIT OF 8550

 VOLTAS FUT ACHIEVED 1ST TARGET @ 1188 BUYING CALL GIVEN FROM 1178 BOOKED PROFIT OF 5000

SR TRANSPORT FIN 1ST TARGET ACHIEVED @ 1268 BUYING CALL GIVEN FROM 1256 BOOKED PROFIT OF  4800

INTRADAY LIVE MARKET TRADING TIPS FOR 16 FEB 2021

 BUY TATA MOTORS FUT 2 LOTS ABOVE 501 TG 504/507 SL 497

 BUY VOLTAS FUT 2 LOTS ABOVE 1178 TG 1188/1198 SL 1166

BUY SR TRANSPORT FIN 2 LOTS  ABOVE 1256 TG 1268/1280 SL 1243

ADVICE FOR JINDAL STEEL & ONGC TRADE

FOR MONDAY INTRADAY LIVE MARKET TIPS WHATSAPP ON 7772909587 📲📞

JINDALSTEEL & POWER
Yesterday, the stock opened on a strong note and cleared the resistance of Rs 430. So far, the stock has gained over 17 percent in this month. The stock has formed a strong price volume breakout pattern on a short term time frame. The texture of the pattern suggests breakout action will continue in the near term if the stock is able to trade above Rs 425. Swing traders can expect an uptrend wave to continue up to 450-470 if they trade above Rs 425.

ONGC
As a result of the strong uptrend rally from Rs 135 to Rs 170, the stock is experiencing narrow range activity. However,on a daily basis, the stock is maintaining an uptrend formation and consistently trading above short-term averages, indicating a positive trend.In addition, the stock has formed a bullish candle reversal formation near its 20-day SMA, which indicates a fresh uptrend is likely from current levels. If the stock manages to trade above Rs 164 or 20-day SMA, we can expect an uptrend continuation wave up to Rs 177-185.