WEEKLY TECHNICAL VIEW ABOUT JUSTDIAL

buy JUSTDIAL above 525 tgt 550/565 sl 500

Primary trend of the JUSTDIAL is bearish and 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 530 as the stock is managing to sustain above the level of 500. One may get the targets of 565,575 in the stock with the stop loss of 500.now MONTHLY strong support levels of 500 is seen on daily charts , it is likely to reverse and continue to the positive movement with the breakout of the pattern at the levels of 530 ; as the stock is managing to trade above its  55&200 days moving averages with the RSI of 40, 545 is the first resistance level at 22 EMA.

CEATLTD FUTURE TRADING TIP FOR 07 APRIL 2017

buy CEATLTD above 1375 tgt 1400/1420 sl 1245

Primary trend of the CEATLTD is bullish and after giving breakout of its MONTHLY PIVORT POINT 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 1490 ; as the stock is managing to trade above its 22 and 55&200 days moving averages with the RSI of 73, one may expect the targets of 1400/1440 in the stock if it manages to sustain above the immediate support level of 1300.first resistance level seen on charts at 1402.

STOCK FUTURE TRADING TIP FOR 06 APRIL

buy JUSTDIAL above 555 tgt 565/575 sl 540

Primary trend of the JUSTDIAL is bullish and 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 45 as the stock is managing to sustain above the level of 500. One may get the targets of 565,575 in the stock with the stop loss of 540.After giving breakout of its MONTHLY PIVORT POINT 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 556 ; as the stock is managing to trade above its 22 and 55&200 days moving averages with the RSI of 55, first resistance level seen on charts at 569.

BANKNIFTY REPORT FOR FINANCIAL YEAR 2018

BANKNIFTY STILL IN POSITIVE MOMENTUM, HOLD LONG WITH STRICT SL 21295

Technically, Indian Stock Market is still in positive zone but market has witnessed divergence on the last trading session of the Financial Year 2017. Now, we are into new Financial Year 2018 and on 3 April positive movement was already decide the market direction. Some profit booking can’t be ruled out at this point of time. Market would wait for RBI Monetary Policy meeting on April 05-06 and then would see some correction before resuming the positive rally.

TO READ FULL REPORT VISIT
NIFTY TRADING TIPS

BEST STOCK FUTURE TO TRADE ON 05 APRIL 2017

buy UPL above 748 tgt 755/758 sl 740

Primary trend of the UPL is bullish and after giving breakout of its MONTHLY PIVORT POINT range bound movement, it is forming continuation pattern in short term charts and near to breakout first monthly resistance level at 750, it is likely to continue the positive movement with the breakout of the pattern at the levels of 750 ; as the stock is managing to trade above its 22 and 55&200 days moving averages with the RSI of 60, one may expect the targets of 755/765 in the stock if it manages to sustain above the immediate support level of 740/720.

WEEKLY BUY HEROMOTOCO FUTURE FOR 03-07 APRIL

buy HEROMOTOCO above 3250 tgt 3280/3330 sl 3210

Primary trend of the HEROMOTOCO is bullish and it is near to give breakout of its MONTHLY PIVORT POINT range bound movement of 3260, 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 3260; as the stock is managing to trade above its 55&200 days moving averages with the RSI of 45, one may expect the targets of 3280/3330 in the stock if it manages to sustain above the immediate support level of 3200.22 EMA at 3280 seen as a first resistance level .

Market In Positive Momentum, Hold Long Positions Or Buy At Dips

The surged to an intraday high of 9,208 after opening at 9,185. However, it failed to sustain higher and has come-off from the day’s high.Immediate support is at 9,175. A break below it

YESTERDAY’S RECOMMENDATION UPDATE:

MOTHERSUMI ALMOST HIT FINAL TGT 382 MADE HIGH OF 381.35

 BUY GIVEN AT 372

LOT SIZE: 2500

NOW TOTAL PROFIT: 32750 IN JUST 2 LOT

BUY tcs ABOVE 2450 TGT 2480/2490 SL 2410

Primary trend of  TCS is bearish and, BUT it is forming reversal pattern in short term charts, it is likely to continue the positive movement with the breakout of the pattern at the levels of 2460 at 22 EMA of resistance level . and 55&200 days moving averages seen as support level with the RSI of 50, one may expect the targets of 2480/2490 in the stock if it manages to sustain above the immediate support level of 2450.

YESTERDAY’S RECOMMENDATION UPDATE:

JETAIRWAYS almost HIT  final TGT 518 MADE HIGH OF 517.35

 BUY GIVEN AT 503

LOT SIZE: 1000

NOW TOTAL PROFIT: 28700 IN JUST 2 LOT

Buy MOTHERSUMI above 372 tgt 378/382 sl 365

Primary trend of the MOTHERSUMI is bullish and after giving breakout of its MONTHLY PIVORT POINT 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 370 ; as the stock is managing to trade above its 22 and 55&200 days moving averages with the RSI of 67, one may expect the targets of 378/385 in the stock if it manages to sustain above the immediate support level of 370.first resistance level seen on charts at 382.

Go Long Until Nifty Closes Below 9020

Sensex ended at 29,409, up 172 points, while Nifty closed at 9,100, up 55 points.  Technically, Nifty is still in negative zone. Closing below 9020 would force Nifty to see sharp downfall but until Nifty holds 9020, there is strong chances of sharp bounce in the market. Once Nifty closes above 9123 levels, market would move towards new highs but until then sideways movement would be seen. Traders can go long at dips until Nifty holds 9020 on closing basis.