WEEKLY TECHNICAL ANALYSIS OF LUPIN FOR 06 JUNE

LAST WEEKLY RECOMMENDATION:

IN BULLISH MOMENTUM: SRTRANSFIN HIT TGT  1230 MADE HIGH OF 1225

IN BEARISH MOMENTUM: SRTRANSFIN HIT TGT  1160 MADE LOW OF 1156

LOT SIZE: 600

WEEKLY TOTAL PROFIT: 48000 IN JUST TWO LOT

FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>

DAILY CHART FOR SRTRANSFIN:

FUTURE:

“BUY LUPIN ABOVE 1510 TGT 1550/1580”

“SELL LUPIN BELOW 1450 TGT 1400/1380”

One can sell Lupin  with a target of Rs 1390 keeping a stop loss at Rs 1475, Lupin Ltd has informed BSE that the Allotment Committee of Directors at its meeting held on May 31, 2016 has allotted 57949 fully paid up equity shares of Rs. 2/- each. These shares have been allotted upon exercising of options granted to the employees under Stock option plans of the Company. In view of the above, the issued and paid up capital of the Company has been increased to Rs. 90,15,09,490 consisting 45,07,54,745 equity shares of Rs. 2/- each.Today,The Sensex ended with a loss of mere 0.11 points at 26,843. The Sensex opened at 26,919 touched an intra-day high of 27,008 and low of 26,817.The Nifty closed with a loss of mere two points at 8,221. The Nifty opened at 8,246 hit a high of 8,262 and low of 8,214.

TECHNICAL ANALYSIS OF YESBANK FOR 03 JUNE 2016

FUTURE:

“BUY YESBANK ABOVE 1055 TGT 1065/1080”

“SELL YESBANK BELOW 1040 TGT 1030/1010”

DAILY CHART FOR YESBANK :

Private sector Yes Bank   is likely to raise USD 1 billion from overseas investors in the current fiscal as it has recently got government approval for increasing foreign investment to 74 percent. The increase in limit will provide the bank with significant enhanced flexibility in global capital raising, said Kapoor who has been recently felicitated by the London Business School for his contribution to entrepreneurship and innovation. YES Bank after moving up for four-five days or so and especially testing certain critical levels, it tends to come and test its 13-day moving average (DMA). It shows that its intermediate uptrend continues, yet, for a day trader there is some trading opportunity and this time the trading

TECHNICAL ANALYSIS OF ACC FOR 02 JUNE 2016

LAST DAILY RECOMMENDATION:

IN BULLISH MOMENTUM: JUSTDIAL HIT TGT 675 MADE HIGH OF 682.45

LOT SIZE: 500

DAILY TOTAL PROFIT: 15000 IN JUST TWO LOT

FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>

DAILY CHART FOR ACC:

FUTURE:

“BUY ACC ABOVE 1561 TGT 1575/1595”

“SELL ACC BELOW 1540 TGT 1520/1500”

ACC   is a buying opportunity, but it is a swing trade. Do not overstay your welcome because the Nifty itself is giving us may be 100-150 points which by itself is not much on the upside. So, ACC is a buy, but it is a short-term buy." I have a sell call on  ACC  . It has reflected near-term weakness by giving a downward key reversal on daily chart. The mechanical indicators on the intraday charts are supporting the move, have signalled a sell indicating the stock intention to depreciate further from here. One can sell ACC at its closing of around Rs 1,532 with a stoploss of Rs 1,540 and a target of Rs 1,516.The Sensex ended with a gain of 47 points

JUSTDIAL CALL FOR 01 JUNE 2016

LAST DAILY RECOMMENDATION:

IN BULLISH MOMENTUM: SKSMICRO HIT TGT 659 MADE HIGH OF 661.40

LOT SIZE: 1000

DAILY TOTAL PROFIT: 14000 IN JUST TWO LOT

FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>

DAILY CHART FOR SKSMICRO:

FUTURE:

“BUY JUSTDIAL ABOVE 660 TGT 675/700 SL 645 ”

The Indian stock market opened on a firm note but unable to carry forward the momentum. Finally, the Sensex ended with a loss of 58 points at 26,668. The Sensex opened at 26,818 touched an intra-day high of 26,837 and low of 26,561.The Nifty closed with a loss of 18 points at 8,160. The Nifty opened at 8,210 hitting a high of 8,214 and low of 8,134. On the daily charts, both Sensex and Nifty have made a big white body candle which is completing Three White Soldiers. On the weekly charts, both the indices have formed a big Closing White body Marubuzo. Thusboth daily as well as weekly candlestick pattern suggest continuation of Bullishness in the near term.

TOP GAINERS: Tata Motors, Tata Steel, Maruti Suzuki, Tata Steel, BHEL, Bajaj-Auto and NTPC

TOP LOSERS: Sun Pharma, GAIL, TCS, ONGC, M&M, RIL and L&T 

TECHNICAL ANALYSIS OF SKSMICRO FOR 31 MAY

LAST RECOMMENDATION:GIVEN ON 23 MAY 2016

IN BULLISH MOMENTUM: CONCOR HIT FINAL TGT 1450 MADE HIGH OF 1454.75 BUY AT  1400

LOT SIZE: 400

TOTAL PROFIT: 40000 IN JUST TWO LOT

FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>

DAILY CHART FOR CONCOR:

FUTURE :

“BUY SKSMICRO ABOVE 651 TGT 659/672”

 “SELL SKSMICRO BELOW 643 TGT 633/612

BUY SKS Microfinance  because it keeps on going up, consolidates and breaks out. One should buy such stocks and hold. It is a good even for short-term trading." Sensex ended with a gain of 72 points at 26,726. The Sensex opened at 26,695 touched an intra-day high of 26,795 and low of 26,623. The Nifty closed with a gain of 22 points at 8,179. The Nifty opened at 8,166 hitting a high of 8,200 and low of 8,151.

TOP GAINERS: Coal India, Tata Motors, Hero MotoCorp, ITC, Infosys, Dr.Reddy's and SBI

TOP LOSERS: BHEL, HDFC, Sun Pharma, Adani Ports, Asian Paints, NTPC, Maruti Suzuki and Lupin 

WEEKLY TECHNICAL ANALYSIS OF SRTRANSFIN FOR 30 MAY

LAST WEEKLY RECOMMENDATION:

IN BULLISH MOMENTUM: VOLTAS HIT TGT  335 MADE HIGH OF 344.10 BUY AT 325

LOT SIZE: 1600

WEEKLY TOTAL PROFIT: 61120 IN JUST TWO LOT

LAST DAILY RECOMMENDATION:

IN BEARISH MOMENTUM: JUSTDIAL HIT TGT 630 MADE LOW OF 620.90 SELL AT  640

LOT SIZE: 500

DAILY TOTAL PROFIT: 19100 IN JUST TWO LOT

LAST RECOMMENDATION:GIVEN ON 25 MAY 2016

IN BULLISH MOMENTUM: BHATIARTL HIT TGT 358 MADE HIGH OF 357.85 SELL AT  353

LOT SIZE: 1200

TOTAL PROFIT: 40050 IN JUST TWO LOT

FOR MORE ROCKING CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>

DAILY CHART FOR VOLTAS & JUSTDIAL & BHARTIARTL:

 FUTURE :

“BUY SRTRANSFIN ABOVE 1205 TGT 1230/1260”

 “SELL SRTRANSFIN BELOW 1180 TGT 1160/1120

The stock is in bull run and is forming a reversal pattern in short term charts, it is likely to show correction with the breach of the support level of 1180, where one may initiate the short position in it for the targets of 1120, while stop loss can be placed at 1220.It may also After showing correction from the higher level, now stock is trading in short term recovery phase, it is likely to continue the upside move in near term with the crossing of the resistance level of 1205 as the stock is managing to sustain above the level of 1230. One may get the targets of 1260,1300 in the stock with the stop loss of 1275.

TOP GAINERS: SBI, BPCL, Sun Pharma, Bank of Baroda, Adani Ports, Ambuja Cement, RIL, Aurobindo Pharma and Bajaj-Auto 

TOP LOSERS: ONGC, Tata Power, Tech Mahindra, Axis Bank, Bharti Infratel, NTPC and Idea Cellular

TECHNICAL ANALYSIS OF JUSTDIAL FOR 27 MAY

FUTURE :

“BUY JUSTDIAL ABOVE 670 TGT 670/685”

 “SELL JUSTDIAL BELOW 640 TGT 630/615”

DAILY CHART FOR JUSTDIAL

Sensex ended with a gain of 486 points at 26,367. The Sensex opened at 26,008 touched an intra-day high of 26,399 and low of 25,941. Sensex galloped approximately 1,100 points in last 2 trading session. The Nifty closed with a gain of 145 points at 8,070. The Nifty opened at 7,974 hitting a high of 8,083 and low of 7,949. “Markets have displayed a spectacular rally with Nifty touching the high of CY 2016. We expect Nifty to trade between 8,350-8,500 levels in the next 1-2 months owing to 

couple of factors namely expectation of a above normal monsoon, better than expected corporate results in this quarter, stellar performance by L&T showing signs of a pick-up in the Indian economy, win of BJP in Assam which paves way for the GST passage and a exit poll in UK indicating that hopes of Britain exit from the Euro zone has dimmed.

TOP GAINERS: L&T, Adani Ports, BHEL, ONGC, Dr.Reddy's, SBI, M&M and GAIL

TOP LOSERS: Sun Pharma, HDFC, Tata Steel, HDFC Bank, NTPC and Asian Paints

TECHNICAL ANALYSIS OF BHARTIARTL FOR 26 MAY

FUTURE :

“BUY BHARTIARTL ABOVE 353 TGT 358/365”

 “SELL BHARTIARTL BELOW 347 TGT 341/335”

DAILY CHART FOR BHARTIARTL

The Nifty 50 futures contract has surged after opening with a huge gap-up. The downside pressure has eased Sensex ended with a gain of 576 points at 25,881. The  Sensex opened at 25,432 touched an intra-day high of 25,897 and low of 25,431.The Nifty closed with a gain of 186 points at 7,935. The  Nifty opened at 7,812 hitting a high of 7,938 and low of 7,809. If the Nifty is able to break above 7,900 - 8,000 levels on the back of string global and domestic triggers, the market rally will continue and can take the Nifty around 5% - 7% higher from here on. However, one still needs to remain cautious as all these events, including the progress of monsoon in June. Technically,