TRADE IDEA ON MOTHERSUMI FUTURE FOR 24 NOV 2016

“BUY MOTHERSUMI ABOVE 300 TGT 308/315”

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 300, as the stock is sustaining above its 200 days moving averages in short term charts. One may initiate the long position above the mentioned level for the targets of 308/315 and with the strict stop loss of 290.

Nifty settles above 8000

The Sensex rose 91 points or 0.35% to settle at 26,051, its highest closing level since 18 November 2016. The index rose 169 points or 0.65% at the day's high of 26,130. The index lost 83 points or 0.32% at the day's low of 25,877.The Nifty rose 31 points or 0.39% to settle at 8,033., its highest closing level since 18 November 2016. The index rose 52.points or 0.66% at the day's high of 8,055. The index lost 29.20 points or 0.36% at the day's low of 7,973.With dollar regaining strength, and with FII selling persisting, stocks failed to add much to Tuesday’s short covering rally.several states suggesting changes in the model GST law and compensation formula, the GST Council meeting scheduled for November 25 has been postponed to December 2-3

TOP GAINERS:  Lupin, Hindalco, Asian Paints, Tata Steel, Bosch and L&T

TOP LOSERS:  M&M, HDFC, Bank of Baroda, Maruti, Gail, BPCL

SENSEX ENDS 200 POINTS HIGHER, NIFTY RECLAIMS 8,00

Sensex reclaimed the 26,000-mark by rising over 260 points and the Nifty regained the key 8,000-level in early trade today, after six days of losses, on widespread buying amid firm Asian cues. The market turned positive after six consecutive days of fall, the positive traction in global market and short covering ahead of expiry providing an interim relief. However, investors are not completely inclined to place a fresh bet due to the cloudy concerns of demonetization and the strengthening dollar. The indices bounced back from 6-month lows with Sensex snapping it’s six-session long losing streak to reclaim its 26,000 levels during early morning trade, rising as much as 274 points. 
                                          Technically, A strong break below 7940 will increase the downside pressure and drag it to 7900/7850. Traders can go short on a break below 7940.On the other hand, a decisive break above 8100 will ease the downside pressure and take the index futures higher to 8200 and 8250.

TOP GAINERS:  Hindalco, Bajaj Auto, Hero Motors, HDFC, HUL

TOP LOSERS:  BHEL, L&T, Gail, Dr. Reddy 

TRADE IDEA ON ZEEL FUTURE FOR 22 NOV 2016

“SELL ZEEL BELOW 430 TGT 410/400”

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

Primary trend of the stock is bearish and it is likely to show correction with the breach of the support level of 430, where one may initiate the short position in it for the targets of 400,380 while stop loss can be placed at 480. Currently it has formed reversal pattern on the short term charts and trading below the resistance level of 450.Breakout of its resistance level may show recovery in it where traders can expect targets of 480 and 500 while major support of 320 can be placed as technical stop loss.

Nifty shuts below 8,000 mark

The benchmark Sensex ended lower for the sixth straight session. The Sensex lost 385 points or 1.47% to settle at 25,765, its lowest closing level since 24 May 2016. The index rose 120. points or 0.45% at the day's high of 26,270. The index lost 432.31 points or 1.65% at the day's low of 25,717.The Nifty fell 145 points or 1.8% to settle at 7,929, its lowest closing level since 24 May 2016. The index rose 28.35 points or 0.35% at the day's high of 8,102. The index lost 157 points or 1.95% at the day's low of 7,916. Technically, A strong break below 7950 will increase the downside pressure and drag it to 7900/7850. Traders can go short on a break below 7950.On the other hand, a decisive break above 8100 will ease the downside pressure and take the index futures higher to 8200 and 8250. 

TOP GAINERS:  Wipro, TCS, ONGC, Reliance and Hero

TOP LOSERS:  SBI, Tata Steel, PowerGrid, Maruti, Tata Motors and Mahindra & Mahindra

WEEKLY TRADE IDEA ON HINDPETRO FUTURE FOR NOV 2016

YESTERDAY’S RECOMMENDATION:
GLENMARK HIT ALL TGT 900 MADE HIGH OF 903.50
DAILY PROFIT: 14000 IN JUST TWO LOT
WEELY RECOMMENDATION UPDATE:
ZEEL  HIT TGT 450 MADE LOW OF 442.90

WEELY TOTAL PROFIT: 96460 IN JUST TWO LOT

“BUY HINDPETRO ABOVE 450 TGT 470/490”

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 466, 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 490/500 and with the strict stop loss of 420.

Sensex trades flat, Nifty below 8,100

Sensex closed down 77 points, or 0.30%, at 26,150.24. The  Sensex opened at 26,270, touched an intra-day high of 26,349 and low of 26,118.The Nifty closed with a loss of mere six points at 8,074. The Nifty opened at 8,097 hitting a high of 8,129 and low of 8,048.Technically,

TRADE IDEA ON GLENMARK FUTURE FOR 18 NOV 2016

“BUY GLENMARK ABOVE 890 TGT 895/900”

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 890, as the stock is sustaining above its 200 days moving averages. One may initiate the long position above the mentioned level for the targets of 895/900 and with the strict stop loss of 880.

Nifty shuts below 8,650 mark

Sensex ended with a loss of mere 71 points at 26,228. The  Sensex opened at 26,305, touched an intra-day high of 26,450 and low of 26,155.The Nifty closed with a loss of 32 points at 8,080. The Nifty opened at 8,105 hitting a high of 8,151 and low of 8,060. The domestic market fell for the fourth straight session as lenders pared most of their early gains to close lower along with software exporters while select energy and auto stocks made a comeback ahead of US Federal Reserve Chair Janet Yellen's testimony to the US Congress today. Shares swung between gains and losses during the day with Sensex rising as much as 150 points in early trade but it later pared gains and fell more than 100 points in the intra-day trade. Nifty50 also breached its crucial 8,100 level during the day. Technically, A strong break below 8050 will increase the downside pressure and drag it to 8000/7950. Traders can go short on a break below 8050.On the other hand, a decisive break above 8500 will ease the downside pressure and take the index futures higher to 8600 and 8700. 
TOP GAINERS: Tata Motors, Hindalco, Tata Motors DVR, Power Grid, GAIL, BHEL
TOP LOSERS:  Ambuja Cement, Bharti Airtel, Zee, TCS, ACC and Asian Paints

WEEKLY TRADE IDEA ON ZEEL FUTURE

LAST RECOMMENDATION UPDATE: GIVEN ON 04 NOV

JUSTDIAL  HIT TGT 350 MADE LOW OF 346.55

LOT SIZE: 800

DAILY TOTAL PROFIT: 32000 IN JUST TWO LOT

 “SELL ZEEL BELOW 480 TGT 450/400”

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

Primary trend of the stock is bearish and it is likely to show correction with the breach of the support level of 480, where one may initiate the short position in it for the targets of 450, while stop loss can be placed at 500. Currently it has formed reversal pattern on the short term charts and trading below the resistance level of 500.Breakout of its resistance level may show recovery in it where traders can expect targets of 520 and 540 while major support of 380 can be placed as technical stop loss. One may initiate the long position above the mentioned level for the targets of 520 and with the strict stop loss of 380. 

Nifty shuts below 8,650 mark

The Indian markets would remain shut on Monday, November 14, 2016 on account of 'Guru Nanak Jayanti'. All the wholesale commodity markets, including bullion and metal, are closed on Monday. Trading in the Indian markets would resume on Tuesday, November 15, 2016.Markets closed the session on a lower note amid volatile trading session. Sensex ended with a loss of 54 points at 27,877. The Sensex opened at 27,966 touched an intra-day high of 28,030 and low of 27,846. Sensex ended today’s trading with a loss of 699 points at 26,819. It opened at 27,345, touched an intra-day high of 27,345 and low of 26,777. The  Nifty closed

WEEKLY TRADE IDEA ON JUSTDIAL FUTURE FOR 07-11 NOV 2016

LAST RECOMMENDATION UPDATE: GIVEN ON 28 OCT

COLPAL  HIT ALL TGT 1015 MADE HIGH OF 1031.90

LOT SIZE: 700

DAILY TOTAL PROFIT: 56000 IN JUST TWO LOT

 “SELL JUSTDIAL ABOVE 370 TGT 350/340”
FOR MORE CALLS FILL UP THE FORM GIVEN HERE>>>>>

Primary trend of the stock is bearish and it is likely to show correction with the breach of the support level of 370, where one may initiate the short position in it for the targets of 350, while stop loss can be placed at 380. Currently it has formed reversal pattern on the short term charts and trading below the resistance level of 380.Breakout of its resistance level may show recovery in it where traders can expect targets of 390 and 400 while major support of 350 can be placed as technical stop loss.One may initiate the long position above the mentioned level for the targets of 400 and with the strict stop loss of 350.

Nifty shuts below 8,650 mark

Sensex ended with a loss of 156 points at 27,274. The Sensex opened at 27,466 touched an intra-day high of 27,499 and low of 27,194.The Nifty closed with a loss of 51 points at 8,434. The Nifty opened at 8,503.60 hitting a high of 8,504 and low of 8,400. On the economic front, Traders were unable to find any comfort with reports that in a major breakthrough for rollout of the Goods and Services Tax regime from April 1 next year, the GST council yesterday, 3 November 2016 approved four main tax slabs 5%, 12%, 18% and 28% under a proposed Goods and Services Tax (GST). While there will be two standard tax rates – 12% and 18% - under the GST, half of the items in the consumer price index would not be taxed at all to safeguard the interests of the poor.

TOP GAINERS:  ITC, HUL, Adani Ports, Cipla, GAIL and ICICI Bank

TOP LOSERS:  Sun Pharmaceuticals, Dr Reddy's, Lupin, L&T and Maruti Suzuki