Things you should know before Nifty Open Today. Gear up yourself with all important information pertaining to Stock Market before you Trade in Nifty future and Stock future. Take 5 min before equity market opening to check global clues, Nifty /Bank nifty Support Resistance Levels ,Stock results, Stock future in Ban and Important news. You may find Best Stock Futures to Trade Today also if you are lucky.Stay Tuned for Best Live market Stock future and Nifty/Banknifty Future Trading Tips which will be posted frequently here with proper Target And Stoploss. Don't ever hesitate to contact on 8982012608 for Best Stock Future Tips.
Pre opening
17093 up by 206 or 1.22%
NIFTY SUPPORT
16764,16438
NIFTY RESISTANCE
17105,17209
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Tuesday, October 4, 2022
IMPORTANT TRIGGERS AND NEWS IN NIFTY FOR TODAY 04 OCT 2022
Monday, October 3, 2022
TRADING IDEAS FOR NEXT 3-4 WEEKS๐๐ป๐๐ป
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The market saw relief
rally nearly 2% on Friday and took support at 16,750 after consistently
selling for the previous seven straight sessions and looking oversold. This
weekly rally helped the Nifty50 pare losses to just over 1 %, continuing
the downtrend for the third straight week.
Nifty decisively gave a close above 17,000 mark as well as 200-day SMA. It has
formed bullish Engulfing candlestick pattern on the daily charts and there was
Hammer kind of pattern formation on the weekly scale at downtrend, indicating
bullish reversal pattern. Hence, if the index holds current levels and
surpasses 17,200-17,300 in coming sessions, then 17,500 can be a possible
target with crucial support at 17,000 followed by 16,800-16,750 levels.
ACC- After a higher reversal level
(i.e. From Rs 2,785 to Rs 2,313) the stock formed a bullish reversal pattern –
Morning Doji Star around its extended horizontal breakout line and poised for
fresh upward movement. This could take the stock to its all-time high in the
near term. Major technical indicators were testing the oversold territory on
the short-term timeframe chart, standing on the brink of a bullish crossover.
Subsequent move will confirm the bullish reversal and support a likely rise in
the stock. In the event of a dip, the stock will find support around its recent
swing low.
Presistance- The stock remained
sideways after a trendline breakout that saw volume outperform. This signals
that the bulls are beginning to take control, which will support a strong rise.
Its daily RSI (Relative Strength Index) and MACD (Moving Average Convergence
and Divergence) are positive after a bullish crossover. We believe the stock
will recover, utilizing the previous consolidation, and could head towards its
previous swing high. In case of a decline, the stock finds support around its
lower band of the range.
MuthootFinance
The stock recovered from its
52-week low and broke its previous weekly downtrend. A rise in volume and a
bullish formation signals that the major players are pro-bulls. The stock has
the potential to move towards its August 2022 high in the short-term. The main
technical indicators reversed from the oversold area and gave a buy signal.
According to the current constellation, the stock will soon continue its
journey north and could trigger the desired action. On the downside, the stock
will find support around its 52-week low.
Trent
It is consolidating above the breakout level
which stood at Rs 1,350. It is a symmetrical triangle pattern and on September
27th took support of the triangle pattern rising trend line. Based on this we
can expect a minimum target of Rs 1,500 and a maximum of Rs 1,600 in the short
term (few weeks). In the longer term, we are aiming for a level of 1,700-1,800
rupees. It is advisable to buy at the current level but with a stop loss of Rs 1,350
Federal Bank
The Federal Bank has corrected
from a high of 129.75 rupees hit in early September 2022. The stock recently
found support around the Rs.109 level, which is close to the 50-day SMA (simple
moving average). The stock then rallied strongly on Friday and closed above the
20-day SMA. The recovery came on a healthy volume basis, which is encouraging.
Momentum values like the 14-day RSI have also recovered
and are now in a bullish mode. With the intermediate technicals also looking
positive, we believe the stock has the potential to move higher in the coming
weeks. Recommend buying between Rs 117-120 levels. The stop loss is at Rs 112
while the target is at Rs 132
14000/- PROFIT BOOKED!!!!! IN SUNPHARMA STOCK FUTURE CALL
SUNPHARMA FUT(OCT) ACHIEVED 1st TARGET @ 957
BUYING CALL GIVEN FROM 937 BOOKED PROFIT OF 14000/-
HOLD 2ND LOT FOR FINAL TARGET 975
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IMPORTANT TRIGGERS AND NEWS IN NIFTY FOR TODAY 03 OCT 2022
Things you should know before Nifty Open Today. Gear up yourself with all important information pertaining to Stock Market before you Trade in Nifty future and Stock future. Take 5 min before equity market opening to check global clues, Nifty /Bank nifty Support Resistance Levels ,Stock results, Stock future in Ban and Important news. You may find Best Stock Futures to Trade Today also if you are lucky.Stay Tuned for Best Live market Stock future and Nifty/Banknifty Future Trading Tips which will be posted frequently here with proper Target And Stoploss. Don't ever hesitate to contact on 8982012608 for Best Stock Future Tips.
Pre opening
17094.35 up by 276.25 or 1.64%
NIFTY SUPPORT
16764,16438
NIFTY RESISTANCE
17638,17747
Stay Tuned for Best Live market Stock future and Nifty/Banknifty Future Trading Tips which will be posted frequently here with proper follow up๐
Saturday, October 1, 2022
SEP MONTH PERFORMANCE OF STOCK FUTURE CALLS
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Friday, September 30, 2022
STOCK LEVEL FOR NEXT WEEK
"SELL TATA CHEM AROUND 1109 TG 1095/1083
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TODAY 11200/- PROFIT IN SUNPHARMA BTST FUTURE CALL
BUYING CALL GIVEN IN YESTERDAY'S POST
TODAY SUNPHARMA(OCT) CLOSED IN PROFIT
11200/- PROFIT BOOKED IN 1 LOT ONLY (HIGH MADE 953)
BUYING CALL GIVEN FROM 937
AUTO STOCKS WILL BE HERO IN THE NEXT WEEK๐๐ป
In these days when the global economy is
shrouded in uncertainty and global equity markets are bleeding, the Indian auto
sector offers a silver lining as it continues to experience robust demand
across segments. Experts expect almost all major automakers to report healthy
growth both year-on-year and month-on-month. The auto industry will release
September sales numbers this weekend.
Hero Moto Corp, On the other hand, double-digit MoM growth is expected, likely to be the highest in this segment, and will be supported by the recovery in rural and export demand.
TVS Motor will continue to expect strong volume for the month of September, led by successful new launches and rising e-scooter sales.
Bajaj Auto is in decline and the company is expected to report low single-digit growth both month-on-month and year-on-year.
We expect the 2W segment to lead growth due to supply chain improvement, low system inventory and rural demand recovery, which is beneficial for 2W's economy segment, said Kripashankar Maurya, vice vice president of Choice Equities. The entry-level and high-end motorcycle segment has been sluggish lately.
Maruti Suzuki, Tata Motors and M&M are expected to post MoM volume growth of 4-5%, while year-on-year growth for both Maruti and M&M is expected to be close to triple digits. Tata Motors is expected to report 40% MoM growth.
Tata Motors will ship 33,300 units (up 5.7 % MoM), Ashok Leyland 14,850 units (up 5.2 % MoM) and Eicher Motors 6,250 units (up 3 % MoM) in September 2022. Increase in e-commerce and better connectivity the last mile. Buses are expected to recover somewhat, helped by the opening of schools and offices. Improving rural sentiment is likely to have boosted tractor sales, with both M&M and Escorts expected to post strong growth on a sequential basis.
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