Thursday, January 25, 2018

NEXT WEEK OUTLOOK: CENTURYTEX IS IN SHORT TERM REVERSAL PHASE

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"SELL CENTURYTEX BELOW 1400 TGT 1380/1360 SL 1432"

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The Primary trend of the CENTURYTEX is bearish. Strong Support level is seen on the daily chart at 1400. it is likely to show correction with the breach of the support level of 1400, where one may initiate the short position in it for the targets of 1380/1360, while stop loss can be placed at 1432. On the other side, It is likely to continue the upside move in near term with the crossing of the resistance level of 1425. as the stock is managing to trade above its 22& 50 and 200 days moving averages with the RSI of 55.  After the breakout, the level of 1425 One may get the targets of 1435,1450 in the stock with the stop loss of 1400.
DAILY CHART FOR CENTURYTEX:

Wednesday, January 24, 2018

IN THE LIGHT OF QUARTERLY RESULTS ; BIOCON MOVED BULLISH


BIOCON BULLISH; AS PREDICTED ON 23 JAN 2018

 ACHIEVED TGT 650 ..!!
TOTAL PROFIT: 36000 PER LOT
DAILY CHART FOR BIOCON

Tuesday, January 23, 2018

BIOCON EYEING RESULTS ON 24 JAN 2018


BUY BIOCON ABOVE 630 TGT 650/670 SL 600
SELL BIOCON ONLY BELOW 600 TGT 580/555 SL 630

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Primary trend of the BIOCON is bullish and after giving breakout of its MONTHLY RESISTANCE  level, it is forming continuation pattern in short term charts, it is likely to

Friday, January 19, 2018

WEEKLY OUTLOOK ON AXISBANK FOR 22-25 JAN 2018


BUY AXISBANK ABOVE 592 TGT 600/610 SL 582
SELL AXISBANK BELOW 580 TGT 577/568 SL 595
Primary trend of the AXISBANK  is bullish and after giving breakout of its MONTHLY resiatance level of 580 range bound movement, it is forming it is forming continuation pattern in short-term, medium term and long term charts, it is likely to continue the positive movement with the breakout of the pattern at the levels of 592 level. as the stock is managing to trade above its 22& 55 and 200 days moving averages with the RSI of 70, one may expect the targets of 600/610/620 in the stock if it manages to sustain above the immediate support level of 578. below 578 one may expect the target of 568/568.
DAILY CHART FOR AXISBANK:

Thursday, January 18, 2018

WEEKLY MINDTREE BULLISH; AS PREDICTED ON 12 JAN 2018


12 TH JAN 2018 MINDTREE CALL ACHIEVED ALL TARGET 680 MADE HIGH A OF 690
YOU CAN HOLD MINDTREE FOR NEXT TARGET OF 720/750 

ROCKING STRATEGY FOR RELCAPITAL & IDFC ; BOOKED PROFIT 25740 

 OPTION TRADING TIPS

RESULT: Mindtree reported a 13.4 percent growth in third quarter net profit 
.The midcap IT services company reported revenue of Rs 13,777 million, a growth of 3.5 percent sequentially. Net profit was Rs 1,415 million.
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DAILY CHART FOR MINDTREE

Wednesday, January 17, 2018

TCS ROCKS ACHIEVED ALL TARGETS !!!!


RESULT: TCS Q3 profit grows 1.3%,Profit during the quarter increased to Rs 6,531 crore from Rs 6,446 crore in previous quarter.Revenue in rupee terms grew by 1.2 percent to Rs 30,904 crore and dollar revenue rose 1 percent to USD 4,787 million compared to September quarter, driven by strong deal wins and digital demand.

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DAILY CHART FOR TCS