DIWALI PICKS 2016

CASH-BUY JUBILANT  ABOVE 700 TG 730,750 

It is expected to continue the bull run with the crossing of the resistance level of 700, as One may initiate the long position above the mentioned level for the targets of 730,750
FUTURE-BUY LT ABOVE 1490 TG 1510,1525

Stock is is showing correction since past few sessions. it may give good return on bullish pattern by bouncing back strategy as script is going to maintain its position consistently with keeping resistance level of 1490,1500 and support level of 1460,1450.

FUTURE -BUY M&M  ABOVE 1325 TG 1350/1375 
The stock is showing correction since past few sessions.Currently it has formed reversal pattern on the short term charts and trading below the resistance level of 1325.Breakout of its resistance level may show recovery in it where traders can expect targets of 1350 and 1375 while major support of 1280.

CASH-BUY COLPAL ABOVE 975 TG 995/1015
After giving breakout of its range bound movement, it is forming continuation pattern in short term charts, it is likely to continue the positive movement with the breakout of the pattern at the levels of 975, one may expect the targets of 995,1015 in the stock if it manages to sustain above the immediate support level of 950.

FUTURE- BUY AXISBANK ABOVE 496 TGT 510/525

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 500.One may get the targets of 510,525.  

TRADE IDEA ON ARVIND FUTURE FOR 28 OCT 2016

“BUY ARVIND ABOVE 410 TGT 415/420”

FOR MORE  CALLS FILL UP THE FORM GIVEN HERE<<

Primary trend of the stock is bullish and It is expected to continue the bull run with the crossing of the resistance level of 410, 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 415/420 and with the strict stop loss of 392. where one may initiate the short position only below 390 in it for the targets of 380, while stop loss can be placed at 410.

nifty ENDED MARGINALLY HIGHER

Sensex ended with a gain of 79 points at 27,916. The Sensex opened at 27,809, touched an intra-day high of 27,958 and low of 27,666.The Nifty closed almost unchanged at 8,615. The Nifty opened at 8,607 hitting a high of 8,625 and low of 8,550. The Nifty closed October F&O at 8,600. The Indian equity market closed flat on Thursday on F&O expiry day amid excessive volatility. Nifty in its daily candlestick chart has formed a hammer candlestick pattern with a lower shadow. Indicating buyers interest at lower level. The key range for the market is now 8,550-8,650, a breakout of the same we could expect strong momentum to come into the market.

TOP GAINERS:  HDFC, Dr Reddy's, ICICI Bank, ITC, Bharti Airtel, Cipla and HDFC Bank

TOP LOSERS:  Bharti Infratel, Asian Paints, Hero MotoCorp, Yes Bank and Zee

NIFTY ENDS BELOW 8,620; AXIS BANK SLUMPS 8%

The Indian stock market closed down for the second straight day, dragged lower by financial stocks such as Axis Bank after the lender reported a quarterly profit slump and on the back of muted second quarter earnings by some companies. Besides banks, Tata Group stocks extended their fall after the abrupt ouster of Chairman Cyrus Mistry on Monday. "It was a negative day on the bourses as key benchmark indices languished in negative territory through the day to finally close with losses of nearly 1%. Taking cues from tepid global markets, both the benchmark Sensex and the Nifty traded below their respective psychologically important levels of 28000 and 8600, during the day and hit their lowest level since 18th October, 2016, in intraday trade.

nifty near 8600 mark

Sensex ended with a loss of 255 points at 27,837. The Sensex opened at 28,051, touched an intra-day high of 28,050.55 and low of 27,760.The Nifty closed with a loss of 76 points at 8,615. The Nifty opened at 8,657 hitting a high of 8,657.30 and low of 8,597.Technically, Nifty strong break (close)below 8600.so it will increase the downside pressure and drag it to 8550,8500. Traders can go short on a break below 8600 with a stop-loss at 8750 for the target of 8500.

TOP GAINERS:  Idea Cellular, Kotak Mahindra Bank, Hero MotoCorp

TOP LOSERS:  Axis Bank, Tata Motors DVR, Tata Steel, Tata Motors, ICICI Bank

YESTERDAY'S CALL UPDATE:

" ARVIND FUTURE CALL ROCKS....!!!

    HIT ALL TGT 375 MADE HIGH OF 406.60

"PROFIT 28000 IN JUST 2 LOT"

TO READ FULL REPORT CLICK ON 

https://beststockfuturecalls.blogspot.in/2016/10/trade-idea-on-arvind-future-for-25-oct.html

FOR MORE ROCKING CALLS FILL UP THE FORM GIVEN HERE>>

TRADE IDEA ON ARVIND FUTURE FOR 25 OCT 2016

“BUY ARVIND ABOVE 361 TGT 367/375 SL 350”

FOR MORE ROCKING CALLS FILL UP THE FORM GIVEN HERE>>>>>

nifty settles above 8,700

Sensex ended with a gain of 102 points at 28,179. The  Sensex opened at 28,157, touched an intra-day high of 28,257 and low of 28,076.The Nifty closed with a gain of 16 points at 8,709. The Nifty opened at 8,710 hitting a high of 8,737 and low of 8,684. The Indian equity market spent the entire day in a narrow range after the recent slide and ended higher on Monday.The first half was comparatively better;, but profit taking in last two hours completely reversed the intra-day gains and pushed index to neutral line. Some support also came with the Union Minister Arjun Ram Meghwal’s statement that the country’s economy will grow 8% this fiscal, while agricultural growth is expected to be over 4%.and Traders are already under pressure due to excessive volatility in stocks due to earning season and the upcoming expiry of October month derivative contract will further add to the choppiness ahead.  Technically, If nifty sustained and move above 8,750 could extend the up move towards 8,800,8850; 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 8550,8500. Traders can go short on a break below 8600 with a stop-loss at 8750 for the target of 8500.

TOP GAINERS:  ONGC, BPCL, Coal India, ICICI Bank, Tata Motors and Bharti Infratel 

TOP LOSERS:  Idea Cellular, Wipro, HCL Tech and Asian Paints 

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 

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 

https://beststockfuturecalls.blogspot.in/2016/10/trade-idea-on-yesbank-future-for-20-oct.html

FOR MORE ROCKING CALLS FILL UP THE FORM GIVEN HERE>>

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. 

                         Technically, For 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