Wednesday, January 4, 2023

A LOOK AT THE STOCKS OF RBL BANK & APOLLO TYRES

 After rising for two consecutive sessions, domestic indices traded lower on Wednesday.  Sensex decreased by 176 points, or 0.29%, to 61,119, while the Nifty decreased by 63 points, or 0.35%, to 18,169. Heavyweights in the index like Reliance Industries, Infosys, HDFC, and TCS led the weakness.
BUY RBL BANK FUT 2 LOTS ABOVE 185 TARGET 188.50/192 SL 170
Since it has been rising in a bullish channel formation for the past seven months, the counter is in a classic uptrend. The counter's structure is very profitable because it trades above its crucial moving averages and has higher highs and lower lows. It has formed a bullish three white soldiers candlestick pattern on the longer time frame, indicating significantly more upside potential for this counter. The force pointer RSI is exchanging over the 60 imprint with a positive predisposition, while MACD is seeing a centerline hybrid. Positively, Rs. 190 will act as an immediate support; Above this, we can anticipate a significant move up to Rs 234 levels, while the major support during any correction is Rs 167 on the downside.

BUY APOLLO TYRES FUT 2 LOTS ABOVE 322 TARGET 328/336 SL 310
After making a new all-time high and beginning a new uptrend toward Rs 340 levels, the stock has retested its previous breakout level of Rs 302.Positively, Rs. 340 is a vulnerable area; Above this level, we can anticipate a rise to 354 levels in the near future. Negatively, Rs. 303 is significant support during any correction. The momentum indicator RSI is also poised in a positive direction, while the MACD (moving average convergence divergence) is supporting the current strength.
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Tuesday, January 3, 2023

STOCK MARKET OUTLOOK FOR TOMORROW 4 JAN 2023

The market ended higher today for the second day in a row, with the Sensex rising 126.41 points, or 0.21% , to 61,294.20 and the Nifty rising 35 points, or 0.19 % to 18,232.50. Both of these markets ended higher.The market remained flat with a positive bias for the majority of the session, following a muted start. However, it closed the session close to the day's highs despite some profit booking during the intraday.The domestic market shifted its focus toward the Q3 earnings season, which is scheduled to begin this week, in the absence of major economic triggers. IT and banks will take center stage in the coming days as the market trend will be determined by the early signals from sector majors. Banks' initial quarterly business results revealed solid business traction supported by robust loan growth.


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 BRIGADE CASH 1st TARGET ACHIEVED @ 472 BUYING GIVEN FROM 468 BOOKED PROFIT OF 1200/-   

RAYMOND CASH 1st TARGET ACHIEVED @ 1509 BUYING GIVEN FROM 1494 BOOKED PROFIT OF 3375/-  

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STOCK TRADING TIPS FOR 03 JAN 2023

 BUY BRIGADE  CASH  600  SHARES ABOVE 468 TARGET  472/477
STOPLOSS  461

 BUY RAYMOND CASH  450  SHARES ABOVE 1494 TARGET 1509/1524
STOPLOSS  1478

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Monday, January 2, 2023

STOCK OPTION CALL-PUT TIPS PERFORMANCE TODAY

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JINDAL STEEL FUTURE ACHIEVED BOTH TARGET 595/600
BUYING CALL GIVEN FROM 590
BOOKED PROFIT OF 18750/- 

AXIS BANK  FUTURE ACHIEVED 1ST TARGET @  945
 BUYING CALL GIVEN FROM 940
BOOKED PROFIT OF 6000/-

BANK NIFTY FUTURE ACHIEVED 1ST TARGET @ 43515
BUYING CALL GIVEN FROM 43415
BOOKED PROFIT OF 2500/-

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INTRADAY STOCK FUTURE TRADING TIPS FOR 02 JAN 2023

 BUY JINDAL STEEL FUTURE 2 LOTS ABOVE 590 TARGET  595- 600
 STOPLOSS  584

BUY AXIS BANK  FUTURE 2 LOTS ABOVE 940 TARGET  945-950
STOPLOSS  934

 BUY BANK NIFTY FUTURE 2 LOTS ABOVE 43415 TARGET  42515- 43615
 STOPLOSS 43305

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