LAST WEEKLY RECOMMENDATION:

SKSMICRO IS ON FIREEEEEEEEE …!!!!!!!!!!!!

ALMOST HIT FINAL TGT 570  MADE HIGH OF 568.30 BUY AT 527

LOT SIZE: 1000

WEEKLY TOTAL PROFIT: 82600 IN JUST TWO LOT

FUTURE :

 “SELL MARUTI BELOW 3750 TGT 3650/3500”

WEEKLY CHART FOR MARUTI:

Charts usually tell us what is going to happen. Maruti is probably going to see lower levels." Maruti Suzuki   has started its 2016 sales performance on a disappointing note. The country's largest car manufacturer sold 1.13 lakh vehicles in January, down 2.6 percent compared to 1.16 units sold in same period last year. The stock declined 3 percent intraday. "Domestic sales would have been higher, but lesser number of working days in January 2016 impacted overall production and dispatch," the company reasoned.  Maruti exported 7,223 vehicles during the month, lower by a whopping 34.6 percent compared to 11,047 vehicles sold in year-ago period while domestic sales increased 0.8 percent to 1.06 lakh vehicles in same period.
Primary trend of the stock is bearish and is consolidating at the higher level after showing correction. It is expected to continue the bear run with the crossing of the support level of 3710, as the stock is sustaining below  its 55 and 22 days moving averages. One may initiate the short position below the mentioned level for the targets of 3500/3400 .

YESTERDAY'S UPDATE OF YESBANK

LAST RECOMMENDATION GIVEN ON 04 FEB 2016:

YESBANK IS ON FIREEEEEEEEEEEEEE!!!!!!!!!!!!

IN BULLISH MOMENTUM: ALMOST HIT FIRST TGT 785 MADE HIGH OF 783 BUY AT 770
LOT SIZE: 700

TOTAL INTRA DAY PROFIT: 18200 IN JUST TWO LOT

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

INTRADAY CHART FOR YESBANK:

TECHNICAL ANALYSIS OF YESBANK 05 JAN 2016

FUTURE:

"BUY YESBANK  ABOVE 770 TGT 778/785 "

"SELL YESBANK BELOW 757 TGT 750/740 "

DAILY CHART FOR YESBANK:

YES Bank Q3 results declared on 29 jan 2016, net up  25% despite high provisions, NII rises 27% Net interest income, the difference between interest earned and interest expended, grew by 27.3 percent to Rs 1,157 crore in quarter ended December 2015 compared to Rs 909 crore in year-ago period, driven by strong advances growth of 26.7 percent.

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 792, 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 800/820 .

TECHNICAL ANALYSIS OF ZEEL 04JAN 2016

FUTURE:

"BUY ZEEL ABOVE 407 TGT 413/418 "

"SELL ZEEL BELOW 400 TGT 395/390 "

DAILY CHART FOR ZEEL:

MARKET SUMMARY OF 03 FEB 2016

Feb fumble! Sensex, Nifty tumble

Nifty ended with a loss of 94 points to close at 7,362. It has opened at 7,392 hitting a high of 7,419 and low of 7,350.  Sensex ended with a loss of 316 points and closed at 24,222. It opened at 24,394, touched an intra-day high of 24,409 and low of 24,214.The Indian equity market slipped lower for the third consecutive trading session on Wednesday. A sudden bout of selling pressure towards the end yet again dragged the indices to close near day’s low. Nifty has now declined over 3% in the past three days. Negative cues from equity markets across the globe and weakening Indian currency against the US dollar dragged the sentiment on Dalal Street. As was widely expected by market participants, the Reserve Bank of India (RBI) kept the interest rates unchanged,

YESTERDAY'S UPDATE OF TATASTEEL

LAST RECOMMENDATION GIVEN ON 01 FEB 2016:

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

IN BEARISH MOMENTUM: HIT FINAL TGT 238 MADE LOW OF 229.70 SELL AT 246
LOT SIZE: 2000

TOTAL INTRA DAY PROFIT: 64000 IN JUST TWO LOT

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

INTRADAY CHART FOR TATASTEEL:

TECHNICAL ANALYSIS OF TATASTEEL 02 JAN 2016

FUTURE:

"BUY TATASTEEL  ABOVE 250 TGT 255/260 "

"SELL TATASTEEL BELOW 246 TGT 242/238 "

DAILY CHART FOR TATASTEEL:

MARKET SUMMARY OF 01 FEB 2016

The Sensex opened at 24,982, touched an intra-day high of 25,002 and low of 24,789. It finally ended with a loss of 45 points at 24,824. The  Nifty opened at 7,589 hitting a high of 7,600 and low of 7,541, before ending with a loss of mere eight points at 7,556. The Indian equity market closed with marginal losses on Monday amid a highly choppy session. After hitting intra-day high of 7600 mark in early trades, indices constantly struggled to find any specific direction. FMCG, telecom, capital goods and industrials were among the major gainers.

WEEKLY TECHNICAL ANALYSIS OF SKSMICRO

LAST WEEKLY RECOMMENDATION:

COLPAL ROCKSSS…!!!!!!!!!!!!

HIT FIRST TGT 855  MADE LOW OF 848.50 SELL AT 889

LOT SIZE: 500

WEEKLY TOTAL PROFIT: 34000 IN JUST TWO LOT

FUTURE:

 “BUY SKSMICRO ABOVE 525 TGT 545/570”

WEEKLY CHART FOR SKSMICRO :

SKS Microfinance has given a clear breakout at levels of Rs 460. This stock has seen huge accumulation even with delivery based buying happening at levels of Rs 525. Having broken levels of Rs 550, the stock made a fantastic upmove till levels of Rs 550 plus and now it again retraced back and gave a very good entry opportunity again closer to levels of Rs 430. "In February, if you see SKS Microfinance has seen close to 17-18 percent open interest build up. I am very bullish on SKS Micro. One can look at targets of Rs 550 on the stock. I won’t be surprised even to say targets of Rs 590-600 for the February series, a stop loss at Rs 495 for short-term trader is a must,"SKS Microfinance on Wednesday 27 JAN 2016 reported nearly twofold increase in net profit at Rs 79,4 crore for the third quarter ended December 31.

YESTERDAY'S UPDATE OF WOCKPHARMA

LAST RECOMMENDATION GIVEN ON 28 JAN 2016:

WOCKPHARMA IS ON FIREEEEEEEEEEEEEE!!!!!!!!!!!!

IN BULLISH MOMENTUM: HIT FINAL TGT 1295 MADE HIGH OF 1301.45

IN BEARISH MOMENTUM: HIT FIRST TGT 1225 MADE LOW OF 1222.35
LOT SIZE: 375

TOTAL INTRA DAY PROFIT: 25750 IN JUST TWO LOT

DAILY CHART FOR WOCKPHARMA:

MARKET SUMMARY OF 29 JAN 2016

The Sensex opened at 24,347, touched an intra-day high of 24,912 and low of 24,341. It finally ended with a gain of 401 points at 24,871. The Nifty opened at 7,413 hitting a high of 7,576 and low of 7,403, before ending with a gain of 139 points at 7,563.5. Yes Bank, Vedanta, Sun Pharmaceuticals, Hero MotoCorp, Coal India, Bajaj-Auto and Zee Entertainment were among the gainers on NSE, whereas Bank of Baroda, SBI, Tata Steel, ICICI Bank, NTPC, Cairn India, PNB and ITC were among the losers today. The Indian Rupee was trading up 37 paise at 67.86 per US dollar.