MARUTI IS IN SHORT TERM REVERSAL PHASE

SELL MARUTI BELOW 8850 TGT 8800/8750 SL 8900

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TECHNICAL VIEW:  After showing strong bullish movement, it is forming a reversal pattern in short-term charts, the Primary trend of the LT is bearish. Strong Support level is seen on the daily chart at 8850. , it is likely to show correction with the breach of the support level of 8000, where one may initiate the short position in it for the targets of 8750/8700, while stop loss can be placed at 8900. On the other side, It is likely to continue the upside move in near term with the crossing of the resistance level of 8900. as the stock is managing to trade above its 22& 50 and 200 days moving averages with the RSI of 50.  After the breakout, the level of 8900 One may get the targets of 9000,9050 in the stock with the stop loss of 8850.

DAILY CHART FOR MARUTI:

STOCK FUTURE TRADING TIP FOR 16 FEB 2018

buy MCDOWELL-N above 3300 TGT 3400/3500 SL 3200

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TECHNICAL VIEW:  After showing correction from the higher level, now MCDOWELL-N 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 3370 as the stock is managing to sustain above the level of 3500.  It is likely to continue the positive movement with the breakout of the pattern at the levels of 3370. 22 and 55 days moving averages seen as resistance  level with the RSI of 45.  After breakout, One may get the targets of 3400,3500 in the stock with the stop loss of 3200. Primary trend of the MCDOWELL-N is bullish. Strong Support level seen on daily chart at 3200 and 2935 AT 200 EMA .

DAILY CHART FOR MCDOWELL-N:

IN THE LIGHT OF QUARTERLY RESULTS ; GRASIM BULLISH

13TH FEB 2018 CALL; GRASIM ACHIEVED TGT 1150 

TOTAL PROFIT: 18750 PER LOT

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DAILY CHART FOR GRASIM:

STOCK FUTURE TRADING TIP FOR 14 FEB 2018

BUY  GRASIM ABOVE 1130 TGT 1150/1180 SL 1100

Primary trend of the GRASIM  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 1130 as the stock is managing to sustain above the level of 1130. One may get the targets of 1150,1200 in the stock with the stop loss of 1100.Overall trend of the stock is bullish. if the stock is managing to trade above its RSI of 50.And GRASIM manages to sustain above the immediate support level of 1110. 22 &55&200 EMA can see as a strong resistance at 1153,1168,1141. It is likely to experience fresh buying with the crossing of 200 EMA . On the other hand, If the Grasim manages to close below these levels then the Grasim can drift to the levels of 1090 to 1060 with the stop loss of 1140.

DAILY CHART FOR GRASIM:

SUNTV BULLISH; AS PREDICTED ON 8TH FEB 2018

8TH FEB 2018 CALL; SUNTV  ACHIEVED TGT 1010 

TOTAL PROFIT: 35000 PER LOT

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DAILY CHART FOR SUNTV:

WEEKLY TECHNICAL VIEW ABOUT STAR FOR 12-16 FEB 2017

BUY STAR ABOVE 750 TGT 790/830 SL 690

Primary trend of the STAR  is bullish . and  After showing correction from the higher level, now stock is trading in short-term recovery phase, 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 750 ; right now the stock is managing to trade below  its 22& 55 AND 2000 days moving averages with the RSI of 40, one may expect the targets of 780/830 in the stock if it manages to sustain above the immediate strong support level of 690 level . 760 and 790 is seen as a strong resistance at 22 & 55 EMA.

DAILY CHART FOR STAR

STOCK FUTURE CALL FOR 09 FEB 2018

BUY SUNTVABOVE 975 TGT 1010/1030 SL 930

Primary trend of the SUNTV  is bullish for now and  After showing short term correction from the higher level of 1100, now stock is trading in short-term recovery phase, 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 as the stock is managing to trade above its 22 &55 and 200 days moving averages with the RSI of 50, one may expect the targets of 1010/1030 in the stock if it manages to sustain above the immediate strong support level of 930. strong resistance would be seen at 890. Below 930 you may expect the target of 905/880.

DAILY CHART FOR SUNTV

STOCK FUTURE CALL FOR 08 FEB 2018

sell ACC below 1600 TGT 1570/1540 SL 1650

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ACC, after showing correction from the higher level, it is forming continuation pattern in short-term charts, it is likely to continue the negative movement with the breakout of the pattern at the PIVOT levels of 1600 ; as the stock is managing to trade below its 22,50 and 200 days moving averages with the RSI of 30, one may expect the targets of 1570/1540 in the stock if it manages to sustain below the immediate resistance  level of 1620. 200 EMA is seen as a strong resistance level of 1650. Strong support is seen at 1580.

DAILY CHART FOR ACC