20 September 2019

NIFTY WEEKLY OUTLOOK & OPTION CALL PUT TIPS FOR 23 SEP TO 27 SEP 2019

As predicted by us in yesterday's post 
"NIFTY 10900 CALL  ON FIREE ACHIEVED ALL THE TGT MADE A HIGH OF 520 BUY GIVEN @ 24"

What a splendid Day it was. Nifty’s High jump from 10670 to directly 11381. Thank to FM Nirmala sitharama for corporate tax bonzana.  Sensex skyrockets 1921 points to log biggest gain in 10 years on tax cut euphoria; Nifty zips past 11250. 

WEEKLY RESISTANCE FOR NIFTY: 11400, 11500, 11600
 PIVOT POINT: 11200
WEEKLY SUPPORT FOR NIFTY:  11100, 11000, 10900
WEEKLY CHART FOR NIFTY


















DAILY RESISTANCE FOR NIFTY: 11350, 11450, 11550

PIVOT POINT:11250
DAILY SUPPORT FOR NIFTY :  11150, 11050, 10950
DAILY CHART FOR NIFTY


What a historical day it has been for corporates, the equity market and consumers. The government, like in a T20 game, opted for some serious hitting and managed to hit it out of the park as it announced a string of measures to lift the economy. The steps, including reducing the corporate tax rate to 25% from 35% for existing domestic companies and an attractive rate of 15% for new companies set up after October 1 and commencing operations before 2023, were greeted with uproarious cheer by the equity market.
The way we concluded previous week on Friday, market was all set to have a gap up opening on Monday of this week to surpass the major hurdle of 11150-11180. But, due to Saudi oil attacks over the weekend, crude oil prices spiked up more than 10% which spooked traders across the globe. We being the crude oil sensitive economy could not be spared with it. The week started off lower and minor attempt of recovery eventually got sold into to end the session tad above the 11000 mark. Tuesday after a flat start, our markets witnessed an open-high scenario as from the word go Nifty witnessed selling pressure. For the first half, Index witnessed a gradual fall however in the second half after no signs of recovery the selloff aggravated and eventually ended with a loss of 1.69% at 10818. As hinted by Nifty our markets started on a positive note on Wednesday with more than 50 points gain however the rub-off effect from the previous session pulled Index lower to erase all gains in the first hour itself. Subsequently, Index managed to hold on to the previous session low around 10800 and after a tiring session of consolidation eventually ended with minor gains of 0.21% at 10841. On Thursday in line with mixed global cues our markets started on a flat note, however, Index immediately started witnessing selling pressure and within the first few minutes itself broke previous two session’s support of 10800. Subsequently, the undertone remained weak as Index continued to slide lower throughout the session and eventually ended with deep cuts of 1.25% tad above 10700 levels.
NIFTY: A STRONG SUPPORT WILL BE @ 11000; STRONG RESISTANCE LEVEL SEEN @11500

NIFTY 10900 CALL ROCKSSSS...!!!!!

CALL GIVEN IN OUR LAST POST
"NIFTY 10900 CALL  ROCKS ACHIEVED ALL THE TGT BUY GIVEN @ 24 YESTERDAY  RUNNING @150"

19 September 2019

NIFTY PREDICTION & FREE OPTION CALL PUT TIPS FOR 20 SEP 2019

BUY MARUTI 5900 PUT @ 70 TGT 110 /155
BUY NIFTY 10900 CALL 26 SEP @ 24 TGT 40/60
Market skewed in favor of the bears Tax collection at a slower rate is hurting the market to a large extent. There are concerns the government won’t be able to meet the revenue target at this pace. The Credit Suisse report on consumption slump is also bothering investors. The Sensex slumped as much as 576 points to fall below 36000 and the Nifty dropped 170 points to fall below its important psychological level of 10700 to hit an intraday low of 10670. The Sensex dropped 470 points to close at 36093. its lowest level since March 1 and the Nifty slumped 136 points to close at 10705, its lowest level since February 19. The stock markets fell sharply in trade on Thursday led by declines in Reliance Industries, ICICI Bank, Infosys, Tata Consultancy Services and IndusInd Bank. 

18 September 2019

NIFTY PREDICTION & FREE OPTION CALL PUT TIPS FOR 19 SEP 2019

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A roller coaster ride of bulls & bears ended on moderately positive note. After opening sharply higher, traders waited for the outcome of the two-day Federal Reserve committee meeting later in the day. The index snapped two-day fall and maintained 10800 levels, forming a bearish candle on intraday basis as the closing price was lower than the opening price. If we compare the September 18 closing with that of the previous day then it forms a bullish candle. The chart pattern is also known as the inside bar candle on the daily scale. After opening higher at 10872, the Nifty traded within a range of 10804 -10885. It closed 23 points higher at 10840.

17 September 2019

NIFTY PREDICTION & FREE OPTION CALL PUT TIPS FOR 18 SEP 2019

"INDIGO 1650 PUT ACHIEVED OUR 1ST TGT 35 BUY GIVEN @ 29 PROFIT OF 3600"

"BATAINDIA 1580 CALL  MADE A HIGH OF 23 BUY GIVEN 20 PROFIT OF 1650 "
TO GET SUCH CALLS LIVE JOIN US NOW WHATSAPP 9039542248 OR FILL UP THE FORM GIVEN HERE>>>>
Bears continued to grip the markets in Tuesday’s session also as crude oil prices continued to gain in the aftermath of drone attacks on Saudi Arabia oil establishments. A poor set of macro data from China also further hit sentiment. Nifty came below 10800 mark. After opening at day’s high level 11000 nifty came down to 10796 & finally closed at 10817 down by 186 points. Sensex tumbled 642 points lower at 36481.

16 September 2019

NIFTY PREDICTION & FREE OPTION CALL PUT TIPS FOR 17 SEP 2019

BUY BATAINDIA 1580 CALL @ 20 TGT 25/30
BUY INDIGO 1650 PUT @ 29 TGT 35/42
Bulls are on back foot, Bears continued to rule…  Nifty has started the week on negative note dragged down by oil & gas and energy stocks following spike in oil prices as attacks on key producer Saudi Arabia’s facilities sparked supply fears sapping investors risk appetite. Nifty has started on bearish note below 11000 level at 10994 and made a high of 11052 gradually declined as the session progressed & made a low of 10968 & finally managed to close above 11000 mark at 11003. The Sensex closed 261 points lower at 37123.

13 September 2019

NIFTY WEEKLY OUTLOOK & OPTION CALL PUT TIPS FOR 16 SEP TO 20 SEP 2019


WEEKLY RESISTANCE FOR NIFTY: 11150, 11250, 11350
 PIVOT POINT: 11000
WEEKLY SUPPORT FOR NIFTY:  10900, 10800, 10700
WEEKLY CHART FOR NIFTY


















DAILY RESISTANCE FOR NIFTY: 11125, 11175, 11225
PIVOT POINT:11100
DAILY SUPPORT FOR NIFTY :  11050, 11000, 10950
DAILY CHART FOR NIFTY


The Market started the week marginally negative as the Nifty sneaked below 10900 in the first 15 minutes of the trade. However, this early morning dip was bought into as the index recovered sharply to reclaim the 11000 mark. For rest of the session the index consolidated in a range to end around 11000 mark. Post a mid-week holiday on Tuesday our markets started on a mild positive note on Wednesday. Subsequently, there was no major action in index front and after consolidating in a range for the most part of the session, Nifty eventually ended near the opening levels with gains of 0.30% at 11036. Although the index started the session marginally positive on Thursday, the Nifty lacked follow up momentum during the day. Post noon, the index corrected for rest of the session and ended the day with a loss of about half a percent. On Friday the  Sensex - which switched direction at least eight times during the session after opening higher - moved in a range of 413 points, before settling with a gain of 280 points at 37384 for the day. The Nifty recovered as much as 138 points from an intraday low of 10945 to touch 11084 at the day's strongest level, before shutting shop on Friday at 10982. 
NIFTY: A STRONG SUPPORT WILL BE @ 11800; STRONG RESISTANCE LEVEL SEEN @11300

12 September 2019

CESC CALL ROCKS..!!! NIFTY VIEW FOR 13 SEP 2019

"CESC 820 CALL ROCKS  ACHIEVED BOTH THE TGT  20/25 BUY GIVEN @ 17 PROFIT OF 8800 INTRADAY "
"NIFTY 11100 CALL 26 SEP ALMOST HIT 1ST TGT MADE A HIGH OF 119 PROFIT 1425 IN INTRADAY"
After 5 days of gains nifty came below 11000 mark. Market had done well in the last one-week and bounced back from the oversold region which was heavily impacted last month by poor economic data. Today it is waiting for the next set of updated data to understand whether the worst for the economy is over or if this slowdown will continue in the short-term. The outlook on these upcoming data is weak which is likely to be supported by more rate cut by RBI in the next month’s policy meet.