Thursday, March 9, 2017

YESTERDAY’S RECOMMENDATION UPDATE:

SRTRANSFIN  MADE HIGH OF 971.85

BUY GIVEN AT 960
LOT SIZE: 600
NOW TOTAL PROFIT: 14220 IN JUST 2 LOT
AND YOU CAN HOLD FOR MORE PROFIT TILL TGT 980

MARKET EYING EXIT POLL RESULTS; NIFTY CLOSES ABOVE  8950
Sensex was trading at 28,915, up 13 points, while Nifty was ruling at 8,956, up 4 points.Technically,Nifty  is getting support around 8,900. Technically nifty is retaining its 8,870-9,020 sideways range for more than a week now. A breakout on either side of this range will decide the next move for it.

Wednesday, March 8, 2017

STOCK FUTURE TRADING CALL FOR TODAY

BUY SRTRANSFIN ABOVE 960 TGT 980/1000 
SL 945
Primary trend of the SRTRANSFIN is bullish and 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 560 ; as the stock is managing to trade above its 22 and 55 days moving averages with the RSI of 58, one may expect the targets of 980/1000 in the stock if it manages to sustain above the immediate support level of 500. 200 EMA act as resistance level at 1000.


Tuesday, March 7, 2017

GO NIFTY LONG ON A DIP FROM 8,950 WITH A SL AT 8,930

Sensex  closed down 16 points or 0.18 per cent at 8,946, after closing at its highest since March 2015 on Monday. The nifty ended 48 points or 0.17 per cent lower at 28,999. Technically, Nifty has entered into positive zone .Now, no direction can be confirmed as we are heading towards big event of UP Poll Results. Nifty may see some profit booking around 9000 levels. Market would consolidate in a range bound region with big volatility in upcoming days.
                                      Nifty has paused after a strong rally over the past two trading days.
 Nifty is not gaining strength to break above the psychological 9,000 mark. Key support is in the 8,950-8,930 region. If the contract manages to sustain above this support zone, a range bound move between 8,930 and 9,000 is possible for some time.An eventual break above 9,000 may take the nifty higher to 9,020 initially. Further break above 9,020 will increase the likelihood of nifty rallying to 9,050 or to even higher levels thereafter.High risk appetite traders can go long on a bounce from 8,950. Stop-loss can be placed at 8,930 for the target of 8,980.On the other hand, if the contract breaks below 8,945, it can fall to 8,900 or 8,875. In such a scenario, the broader 8,875-9,000 range that has been in place for almost three weeks will remain intact.


Monday, March 6, 2017

BIG EVENTS THIS WEEK TO GENERATE HUGE MOVEMENT

BUY INFY ABOVE 1025 TGT 1045/1070 SL 1000
The Nifty which opened with a gap on higher side reclaimed its crucial resistance level of 8950 and finally closed at 8,963. It formed a Bullish candle which is a positive sign. If  Nifty able continue to hold above the 8,920 level to witness an up move towards 9,000 and then towards 9,119 levels .                                         
                             Technically, Analysis would remain same and Indian Stock Market is still in positive zone for now. Now this week is full of big events. ECB Interest rate decision on March 09, 2017 and UP Election Counting on March 11, 2017 would create huge volatility. Market would enter into positive zone. nifty closes above 8950 .traders can initiate long positions in the market .Make sure that every trade should be perfectly hedged as huge volatility would be seen in the market. BankNifty would see around 4% movement before March 16, 2017 option expiry on either side and we expect BankNifty to breach 21000 in positive direction or 20000 in negative direction. post UP Election Results, so traders can go for Long strangle or Long straddle positions .
                                  

Friday, March 3, 2017

WEEKLY STOCK FUTURE TRADING TIP

BUY TCS ABOVE 2520 TGT 2560/2600 SL 2470
READ MORE TO KNOW TECHNICAL BASIS :
Primary trend of the stock is bullish and 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 2520 ; as the stock is managing to trade above its 22 and 55&200 days moving averages with the RSI of 65, one may expect the targets of 2560/2600 in the stock if it manages to sustain above the immediate support level of 2500.
Sensex ends marginally lower on profit-booking
Sensex settled the day at 28,832, down 7 points, while the broader Nifty50 ended at at 8,897, down 2 points. On Friday, After a sharp downward intraday reversal on Thursday, the Nifty is trading on a mixed note today. The contract opened with a gap-down and is hovering

Thursday, March 2, 2017

STOCK FUTURE OUTLOOK FOR 03 MAR 17

SELL YESBANK AT 1440 TGT 1420/1390 SL 1465

READ MORE TO KNOW TECHNICAL BASIS :
Primary trend of the stock is bullish and it is forming a reversal pattern in short term charts, it is likely to show correction with the breach of the support level of 1440, where one may initiate the short position in it for the targets of 1400-1380, while stop loss can be placed at 1465.the stock is managing to trade above its 55&200 days moving averages with the RSI of 60. 22 EMA seen us a support breakout level at 1420. Once Breakout of its support level may show downtrend in yes bank.
Sensex trades in red; Nifty hovers near 8,900
The Nifty retreated from near two-year highs , t
he nifty closed down 46.05 points or 0.51 per cent at 8,912. The contract opened with a gap-up and made an intraday high of 9,018., its highest since March 2015 and on the surpassing a key psychological level of 9,000.The sensex ended 144 points or 0.5 per cent lower at 28,839. after gaining as much as 0.56 per cent to its highest since March 2015.
                                              Technically, The pull-back move from the intraday high is currently finding support near 8,980. The contract made a low of 8,898 and is trying to bounce back from there. As long as it sustains above 8,980, there is a strong likelihood of a

Wednesday, March 1, 2017

STOCK FUTURE TRADING CALL FOR TOMORROW

BUY JUSTDIAL ABOVE 535 TGT 545/560 SL 520

 TECHNICAL BASIS :
Primary trend of the stock is bullish and 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 535 ; as the stock is managing to trade above its 22 and 55&200 days moving averages with the RSI of 80, one may expect the targets of 545/560 in the stock if it manages to sustain above the immediate support level of 515.
Sensex ends below 29,000, Nifty at 8,940
The Sensex ended the day at 28,946, up 203 points, while the Nifty was ruling at 8,940, up 61 points. The selling pressure for Nifty eased above 8,900 on Tuesday. It made a low of 8,885 and reversed higher from there. The contract surged to an intraday high of 8,994 today .Though it has come-off slightly from the day's high, the outlook remains positive. It is