Friday, October 21, 2016

WEEKLY ANALYSIS OF AXISBANK FOR 24 OCT-28 OCT

“BUY AXISBANK ABOVE 550 TGT 565/575”
FOR MORE ROCKING CALLS FILL UP THE FORM GIVEN HERE>
Primary trend of the stock is bullish .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 550 as the stock is managing to sustain above the level of 550. One may get the targets of 565,575 in the stock with the stop loss of 515. where one may initiate the short position only below 515 in it for the targets of 490 while stop loss can be placed at 540.
Nifty shuts below 8,700; amid consolidation
Sensex ended with a loss of 53 points at 28,077. The Sensex opened at 28,163 touched an intra-day high of 28,163.41 and low of 27,958.The Nifty closed with a mere six points loss at 8,693. The Nifty opened at 8,709 hitting a high of 8,709.10 and low of 8,652. Benchmark indices ended lower weighed down by profit taking in financials and index heavyweight Reliance Industries. Nifty is now placed near the mean of the channel pattern & the positive crossover in the RSI indicates a move towards the upper end of the channel placed near 8,750. Only a sustained move above 8,750 could extend the up move towards 8,900; hence long positions shall be maintained with a trail stop strategy below 8,600.
A strong break (close)below 8600 will increase the downside pressure and drag it to 8500,8500. Traders can go short on a break below 8600 with a stop-loss at 8750 for the target of 8500.
TOP GAINERS:  Idea Cellular, Tech Mahindra, Tata Power, HCL Tech
TOP LOSERS:  Axis Bank, Hindalco, Ambuja Cement, ACC, Cipla and Reliance Industries 


Thursday, October 20, 2016

YESTERDAY'S CALL UPDATE:

" YESBANK FUTURE CALL ROCKS....!!!
    HIT FIRST TGT 1320 MADE HIGH OF1323.9
"PROFIT 26460 IN JUST 2 LOT"
TO READ FULL REPORT CLICK ON 

Wednesday, October 19, 2016

TRADE IDEA ON YESBANK FUTURE FOR 20 OCT 2016

“BUY YESBANK ABOVE 1305 TGT 1320/1330”
“SELL YESBANK ABOVE 1280 TGT 1260/1250”

nifty SUSTAINS ABOVE 8650 MARK

Sensex ended with a loss of 67 points at 27,984. The Sensex opened at 28,112 touched an intra-day high of 28,131 and low of 27,926.The Nifty closed with a loss of 19 points at 8,659. The Nifty opened at 8,698 hit a high of 8,699 and low of 8,637.The stock market swung between gains and losses due to profit-booking by funds and investors amid weak European cues. After opening with a positive bias, indices failed to carry forward the momentum. reports suggested that a four-tier structure for Goods and Services Tax (GST) comprising a lower rate of 6%, two standard rates of 12% and 18%, and a higher rate of 26% with an additional cess for luxury and demerit goods were proposed in the third meeting of GST Council held yesterday, 18 October 2016. The higher rate for services under the indirect tax regime is proposed to be 18%, while essential services such as transportation are proposed to be taxed at 6% or 12%, as per reports. 
                         TechnicallyFor now, Market looks to enter into negative zone, so traders can go short for now. The downfall would be step but would not last long. Nifty Closed below 8650 it will a worry for Indian Stock Market. A strong break (close)below 8650 will increase the downside pressure and drag it to 8500,8400. Traders can go short on a break below 8650 with a stop-loss at 8750 for the target of 8500.On the other hand, a decisive break above 8710 will ease the downside pressure and take the index futures higher to 8800 and 8850 .
TOP GAINERS:  GAIL, Wipro, Sun Pharma, Lupin, Axis Bank and ONGC
TOP LOSERS:  ITC, ICICI Bank, M&M, Hero MotoCorp, and TCS

Tuesday, October 18, 2016

TRADE IDEA ON VOLTAS FUTURE FOR 19 OCT 2016

“BUY VOLTAS ABOVE 402 TGT 412/418”
FOR MORE ROCKING CALLS FILL UP THE FORM GIVEN HERE>>>>>
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 402, as the stock is sustaining above its 200 and 50,22 days moving averages. One may initiate the long position above the mentioned level for the targets of 406/412 and with the strict stop loss of 390. where one may initiate the short position only below 490 in it for the targets of 480, while stop loss can be placed at 502.
nifty near 8600 mark
Nifty break above 8680 then it will increase the strong bullish pattern breakout, which will take the indices up towards 8750/8850. A strong break (close) below 8500 will increase the downside pressure and drag it to 8400,8300. Traders can go short on a break below 8500 with a stop-loss at 8700 for the target of 8400.

Monday, October 17, 2016

Friday, October 14, 2016

WEEKLY ANALYSIS OF ZEEL FOR 17-21 OCT

“SELL ZEEL BELOW 520 TGT 500/480”
FOR MORE ROCKING CALLS FILL UP THE FORM GIVEN HERE>>>>>
Primary trend of the stock is bearish. It is expected to After showing correction from the higher level, , it is likely to continue the downside move in near term with the crossing of the support level of 520 as the stock is managing to sustain below  the level of 520. One may get the targets of 500,480. in the stock with the stop loss of 542. charts, it is likely to show correction with the breach of the support level of 520.
sensex, NIFTY ends flat ; nifty above 8600
The Indian stock market recovered from the previous session's multi-month low and closed marginally higher with financials gaining on the prospect of further rate cuts after inflation cooled to a 13-month low in September. Sensex ended with a gain of 30 points at 28,507. The Sensex opened at 27,712, touched an intra-day high of 27,764 and low of 27,548.The Nifty closed with a gain of 10 at 8,583. The Nifty opened at 8,594 hitting a high of 8,604 and low of 8,549.80. The Indian stock market recovered from the previous session's multi-month low and closed marginally higher with financials gaining on the prospect of further rate cuts after inflation cooled to a 13-month low in September. Technically , Nifty 8680 then it will lead as resistance levels, above 8680 will take the indices upside towards 8750/8800  . A strong break (close)below 8550 will increase the downside pressure and drag it to 8500,8300. Traders can go short on a break below 8550 with a stop-loss at 8680 for the target of 8500/8400.
TOP GAINERS: GAIL, L&T, Tata MotorsDVR, Tata Motors, RIL, BPCL
TOP LOSERS:  Zee, Bharti Infratel, Infosys, HUL, Eicher Motors and Idea  

Thursday, October 13, 2016

WEEKLY TCS CALL UPDATE:GIVEN ON 7 OCT

" TCS FUTURE CALL ROCKS....!!!
HIT FIRST TGT 2320 MADE LOW OF 2311.15
"PROFIT 19425 IN JUST 2 LOT"
TO READ FULL REPORT CLICK ON 
https://beststockfuturecalls.blogspot.in/2016/10/weekly-analysis-of-tcs-for-10-14-oct.html
FOR MORE CALLS FILL UP THE FORM GIVEN HERE>>>

Monday, October 10, 2016

NIFTY ENDS ABOVE 8700;Q2 EARNINGS EYED

The Indian equity market snapped a three-day losing streak and closed marginally higher on Monday ahead of IIP data for August.The BSE Sensex ended with a gain of 21 points at 28,082. It opened at 28,144, touched an intra-day high of 28,217 and low of 28,068.The NSE Nifty closed with a gain of 17 points at 8,715. It opened at 8,735, hit a intra day high of 8,746 and low of 8,704. Benchmark share indices ended flat amid lack of investor participation even as gains in IT majors ahead of their second quarter earnings helped capped downside. IT exporters emerged as the top gainers ahead of their earnings with Infosys scheduled to announce its second quarter earnings on Friday, October 14, 2016. Infosys ended up 1.7%,TCS gained 0.5% and Wipro ended flat.
TREND TURNS BEARISH.
Market is now playing out the Bearish Rising Wedge breakout and is headed southwards. Interestingly markets closed below the 50dma, which has turned even the medium term trend to bearish. Nifty 8680 then it will lead to another strong bearish pattern breakout, which will take the indices lower towards the long term average of 200dma. A strong break (close)below 8680 will increase the downside pressure and drag it to 8500,8400. Traders can go short on a break below 8700 with a stop-loss at 8820 for the target of 8500.
TOP GAINERS:  Tata Steel, ACC, Asian Paints, Cipla, Hindalco, Infosys, Lupin
TOP LOSERS:  Bharti Airtel, Reliance Industries, Adani Ports, NTPC, Grasim and BPCL