WEEKLY TECHNICAL ANALYSIS OF M&M AND WEEKLY CHART

LAST WEEKLY RECOMMENDATION:
HAVELLS IS ON FIREEEEEEEEEEEEEE !!!!!!!!!!!!
ALMOST HIT FIRST TGT 290 MADE LOW OF 292.60 SELL AT AT 305

LOT SIZE: 2000

TOTAL PROFIT: 49600 IN JUST TWO LOT

FUTURE :

 “SELL M&M BELOW 1220 TGT 1170/1130”

WEEKLY CHART FOR M&M

DAILY & WEEKLY SUPPORT AND RESISTANCE FOR M&M:

M&M levels generated based on 2016-01-08 data for the next trading day.

Daily	R4	R3	R2	R1	BULL	LOC	BEAR	S1	S2	S3	S4
level	1235	1222	1213	1208	1203	1197	1191	1186	1180	1172	1158

M&M Weekly levels generated for the week starting from 2016-01-04

Weekly	R4	R3	R2	R1	REV	BULL	LOC	BEAR	REV	S1	S2	S3	S4
Levels	1348	1333	1308	1293	1274	1268	1263	1259	1253	1234	1219	1203	1194

M&M After showing correction from the higher level. Now It is looking weak on charts. , it is likely to show correction with the breach of the support level of 1200, where one may initiate the short position in it for the targets of 1150, while stop loss can be placed at 1280. The stock is showing correction since past few sessions and also sustaining above 200 EMA  lower trend line support level. Currently it has formed bearish  pattern on the weekly charts and trading below the resistance level of 1280.Breakout of its resistance level may show recovery in it where traders can expect targets of 1300 and 1400 while major support of 1200 can be placed as technical stop loss.

TECHNICAL ANALYSIS OF STAR 08 JAN 2016

GLENMARK IS ON FIREEEEEEEEEEEEEE !!!!!!!!!!!!

HIT FIRST TGT 260 MADE LOW OF 859.15 SELL AT AT 270 

FUTURE TIP FOR 08 JAN 2016

FUTURE:

"BUY STAR ABOVE 1230 TGT 1240/1255 "

"SELL STAR BELOW 1222 TGT 1215/1200 "

FOR TWO DAYS FREE TRIAL CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>>>>>>

MARKET SUMMARY OF 07 JAN 2016

The Sensex opened at 24,969, touched an intra-day high of 25,084 and low of 24,887. It finally ended with a gain of 83 points at 24,934.The  Nifty opened at 7,612 hitting a high of 7,634 and low of 7,581, before ending with a gain of 33 points at 7,601. Finally, the Street saw some respite after suffering for four consecutive trading sessions. The Indian equity market managed to close in positive terrain boosted by relatively stronger global cues. Value buying was seen in index heavy weights like Tata Motors, TCS, Infy, BPCL and Reliance Industries recovery in the rupee and firm Asian cues saw the indices to close with smart gains.  The coming week has a number of larger companies announcing their results. These include Infy, TCS, Indusind Bank and HUL. In line with its latest commentary, Infy would deliver a tepid growth of 1.4% qoq in CC terms during Q3 FY16 due to seasonality and lower spending by top clients. 

DAILY & WEEKLY SUPPORT AND RESISTANCE FOR STAR:

TECHNICAL ANALYSIS OF GLENMARK 07 JAN 2016

FUTURE TIP FOR 07 JAN 2016

FUTURE:

"BUY GLENMARK ABOVE 881 TGT 890/900 "

"SELL GLENMARK BELOW 270 TGT 260/250 "

FOR TWO DAYS FREE TRIAL CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>>>

DAILY CHART FOR GLENMARK:

DAILY & WEEKLY SUPPORT AND RESISTANCE FOR GLENMARK:

GLENMARK levels generated based on 2016-01-07 data for the next trading day.

Daily	R4	R3	R2	R1	BULL	LOC	BEAR	S1	S2	S3	S4
levels	945	933	926	921	917	912	907	903	898	891	879

GLENMARK Weekly levels generated for the week starting from 2016-01-04

Weekly	R4	R3	R2	R1	REV	BULL	LOC	BEAR	REV	S1	S2	S3	S4
Levels	1001	990	971	960	946	942	938	935	930	916	905	893	886

MARKET SUMMARY OF 07 JAN 2016

YESTERDAY TATASTEEL UPDATE:

TATASTEEL IS ON FIREEEEEEEEEEEEEE !!!!!!!!!!!!

ALMOST HIT FINAL TGT 265 MADE LOW OF 265.10 SELL AT AT 275 BELOW

LOT SIZE: 2000

TOTAL PROFIT: 38800 IN JUST TWO LOT

FOR TWO DAYS FREE TRIAL CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE <<<<<<<<<<<<<<<<<<

INTRADAY CHART: 06 JAN 2016

TECHNICAL ANALYSIS OF TATASTEEL 06 JAN 2016

FUTURE TIP FOR 06 JAN 2016

FUTURE:

"BUY TATASTEEL ABOVE 280 TGT 285/290 "

"SELL TATASTEEL BELOW 275 TGT 270/265 "

FOR TWO DAYS FREE TRIAL CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>>>

DAILY CHART FOR TATASTEEL:

DAILY & WEEKLY SUPPORT AND RESISTANCE FOR TATASTEEL:

TECHNICAL ANALYSIS OF ADANIPORTS 04 JAN 2016

CALL GIVEN ON 1 JAN 2016

ZEEL CALL ACHIEVED FINAL TGT 427 AND MADE A LOW OF 423.15 !!!!!!!!!!!!!!!!!!!!

FUTURE TIP FOR 05 JAN 2016

FUTURE:

"BUY ADANIPORTS ABOVE 260 TGT 265/270 "

"SELL ADANIPORTS BELOW 257 TGT 253/248 "

FOR TWO DAYS FREE TRIAL CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>>>

DAILY CHART FOR ADANIPORTS:

 

DAILY & WEEKLY SUPPORT AND RESISTANCE FOR ADANIPORTS:

WEEKLY TECHNICAL ANALYSIS OF HAVELLS

FUTURE :

“BULLISH HAVELLS ABOVE 320 TGT  330/340”

“BEARISH HAVELLS BELOW 305 TGT 290/280”

WEEKLY CHAT FOR HAVELLS

Primary trend of the stock is bullish and is consolidating at the higher level after showing correction. It is expected to continue the bull run with the crossing of the resistance level of 322, as the stock is sustaining above its 200 and 50 days moving averages. One may initiate the long position above the mentioned level for the targets of 345 and with the strict stop loss of 295.

DAILY & WEEKLY SUPPORT AND RESISTANCE FOR HAVELLS:

HAVELLS levels generated based on 2016-01-02 data for the next trading day.

Daily	R4	R3	R2	R1	BULL	LOC	BEAR	S1	S2	S3	S4
levels	331	328	326	325	323	322	321	320	318	317	314

HAVELLS Weekly levels generated for the week starting from 2015-12-28

Weekly	R4	R3	R2	R1	REV	BULL	LOC	BEAR	REV	S1	S2	S3	S4
Levels	321	318	312	308	304	302	301	300	299	294	291	287	285

TECHNICAL ANALYSIS OF ZEEL 02 JAN 2016

CALL GIVEN ON 30 DEC 2015

UNIONBANK CALL ACHIEVED FIRST TGT 145 AND MADE A LOW OF 144.70 !!!!!!!!!!!!!!!!!!!!

FUTURE TIP FOR 04 JAN 2016

FUTURE:

"BUY ZEEL ABOVE 440 TGT 443/447 "

"SELL ZEEL BELOW 434 TGT 430/427 "

FOR TWO DAYS FREE TRIAL CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>>>

DAILY CHART FOR ZEEL:

DAILY & WEEKLY SUPPORT AND RESISTANCE FOR ZEEL:

ZEEL levels generated based on 2015-12-01 data for the next trading day.

Daily	R4	R3	R2	R1	BULL	LOC	BEAR	S1	S2	S3	S4
level	445	442	440	439	438	436	435	434	433	431	427

ZEEL Weekly levels generated for the week starting from 2015-12-28

Weekly	R4	R3	R2	R1	REV	BULL	LOC	BEAR	REV	S1	S2	S3	S4
Levels	426	423	419	417	414	413	412	411	411	407	405	403	401

MARKET SUMMARY OF 01 JAN 2016