Tuesday, July 3, 2018

NIFTY PREDICTION & FREE NIFTY TIPS FOR 4 JULY 2018

Today bulls have shown that they are not ready to give up. After losing ground in Monday’s trade bulls has shown the strength & bounced back on Tuesday. This time, the nifty future came close to the 10750 level before erasing the losses of entire day to settle in the black, suggesting that the bulls were not in a mood to give in easily. For the day, the nifty future ended up rising 73 to 10731. Nifty future has opened from 10645 made a high of 10733 and low of 10630. Total 103 points nifty future has moved in intraday.

Monday, July 2, 2018

NIFTY PREDICTION & FREE FUTURE OPTION TIPS FOR 3 JULY 2018

BUY IFCI 17.50 CALL @ 0.25 TGT 0.4/0.6
BUY ICICIBANK 290 CALL @ 3.80 TGT 5.8/7.7

FOR FREE TIPS FILL UP THE FORM GIVEN HERE>>>>>>
Bulls are on back foot, Bears continued to rule…  Nifty has started the week on negative note citing weak global markets cues. It has started on bearish note and gradually declined as the session progressed & finally closed at 1647 down by 47 points. Nifty future has started from 10698 made a high of 10705 and low of 10595, total 110 points moved in intraday.

Saturday, June 30, 2018

NIFTY WEEKLY PREDICTION & CHART FOR 2 JULY TO 6 JULY 18

WEEKLY RESISTANCE FOR NIFTY:10900,10950,11000
 PIVOT POINT: 10750
WEEKLY SUPPORT FOR NIFTY :  10700,10650,10600
WEEKLY CHART FOR NIFTY



















DAILY RESISTANCE FOR NIFTY: 10845,10885,10925
PIVOT POINT:10725
DAILY SUPPORT FOR NIFTY :  10700,10675,10650
DAILY CHART FOR NIFTY

A highly volatile week has ended on positive note. The nifty future has started the week from 10807 made a high of 10829 and low of 10550 and finally closed at 10686  up by 118 points. After falling two consecutive session Sensex registered gain of nearly 400 points on Friday while the Nifty reclaimed 10700 levels thanks to value buying at lower levels. The index was trading near key support levels and a technical bounce back was on the cards. The bulls made their way on D-Street tracking rally in global peers. The rupee, which breached the 69 per dollar mark for the first time in the previous trading sessions also recovered. Markets started the June F&O series on a positive note with all the major indices closing in the green. Nifty outperformed Bank Nifty index by ~1%. Nifty ended the session 125 points higher, reversing yesterday’s loses.

Wednesday, June 27, 2018

EXPIRY FEVER GRABS MARKET NIFTY FOR 28 JUN 2018

BUY BANKNIFTY 26400 CALL @ 80 TGT 121/156
BUY UPL 620 PUT @5 TGT 7.5/8.9
Market fell on third day of expiry week due to weak global cues. Shares of oil marketing companies slipped on higher crude prices, and the rupee hit a more than one-and-a-half year low, while traders turned cautious a day before the expiry of derivatives contracts. Markets opened flat and continued to move down for the day on the back of weak global cues and an inherent malaise on the domestic investors. The Nifty future today opened at day’s high of 10811 made a low of 10651 and closed at 10671 down by 95 points.

Monday, June 25, 2018

NIFTY OUTLOOK & FREE NIFTY FUTURE TIPS FOR 26 JUN 2018

"BUY NIFTY 10800 CALL @ 28 TGT 39/52"
"SELL NATIONALUM FUTURE BELOW 62.80 TGT 62.20/61.40 SL 63.70"
Today market was like sea of red with few green islands. Expiry week has begun on bearish note after, nifty future has opened at 10874 but after making a high of 10819 it came down to 10746 and finally closed at 10759 down by 74 points. The Nifty has stuck in a broader trading range between 10700 and 10820 levels since last eight sessions. It failed to hold above the previous day’s high of 10850 and slipped towards the 10725 level due to US Treasury department announced its decision to scrutinize Chinese investments in sensitive US industries concerned with economic and national security.

Friday, June 22, 2018

NIFTY WEEKLY PREDICTION & CHART FOR 25 JUNE TO 29 JUNE 18

WEEKLY RESISTANCE FOR NIFTY:10900,10950, 11000
 PIVOT POINT: 10725
WEEKLY SUPPORT FOR NIFTY :  10630,10600,10525


















DAILY RESISTANCE FOR NIFTY: 10875,10930,10970
PIVOT POINT:10700
DAILY SUPPORT FOR NIFTY :  10675,10650,10625
A see–saw week for nifty has ended on a positive note. Nifty closes the week on a positive note though fails to add any gain on weekly basis. It was a week of consolidation as Nifty was well within a range that has been in place for a second consecutive week. Despite the gains from heavyweights like Financials, Pharma, and Pvt. banks along with some muted gains from Energy space it was the laggards that capped the upside given the fact that they continue to post gains on the back of sector rotation. The nifty has opened the week at 10830 made a high of 10837 and low of 10701 and finally closed the week at 10821 up by 4 points. Nifty is well supported at lower levels of 10650-10700. We have seen the base building before at crucial level of 10400 which was being sustained for almost a week to pull up for next rally. We have previously recommended creating long above 10800 and reiterate the same since recent consolidation will pave the way for bulls towards the higher target of 10950 - 11000.
NIFTY FOR THE NEXT WEEK
As we step into the coming week, we will also face expiry of the current derivative series. All eyes are on the OPEC meet as we await the decision though some key developments may have been priced in the markets since Iran has been reluctant to participate in easing supply while it also pointed to unanimity in OPEC meet which is bearish sentiment for crude. Trade war fears have been there and may continue to make a space in the sentiments of markets. That being said, Markets have now adjusted to developments of Trade war and it is now not seen as a risk on market but basically on sectors that are directly affected by it. Metals is something which is affected very much by it and should be avoided for short term. Speaking on broad terms, with the Nifty forming a lower top after 11,100 levels at 10900 , we still rule below this area. There is all likelihood of volatility refusing to go away and we will see the markets trading in a bit wider range with good amount of volatility ingrained in the sessions to come. The resistance points for the coming week are expected to come in at 10895 and 10950. Supports are expected to come in at 10650 and 10575 zone.

Wednesday, June 20, 2018

BANKNIFTY & YESBANK OPTION CALLS FOR 21 JUN 2018

"BUY BANKNIFTY 28 JUN 26700 CALL @ 160 TGT 190/240 SL 80"
"BUY YESBANK 340 CALL @ 4 TGT 5.8/7.7"
Bulls are back on the driver seat. In Wednesday’s trading session nifty snapped two-day losing streak led by gains Reliance Industries and banking stocks.  The nifty future has started from 10725 made a high of 10796 and low of 10725 & finally closed at 10788 up by 68 points.

Monday, June 18, 2018

NIFTY OUTLOOK & FREE NIFTY FUTURE TIPS FOR 19 JUN 2018

"BUY BATAINDIA 820 CALL @ 19 TGT 24/29 SL 11"
"SELL INFIBEAM FUTURE BELOW 150 TGT 148.80/147.20 SL 152.40"
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Tug of war between bulls & bears was witnessed in starting of week i.e. today & bears were the winner. Bears tighten their grip on the dalal street & took the nifty below 10800 mark, but the nifty was trading in very narrow range. The Nifty future has started the week from 10809 made a high of 10817 and low of 10781 and finally closed at 10879 down by 25 points. Total 36 points nifty future has moved in intraday.  The Nifty on Monday witnessed selling pressure from the word go and ended up a tad below the psychologically important 10,800 level. The index formed a Small Bearish Belt Hold candle and an ‘Inside Bar’ on the daily chart, as it traded inside the trading range of last session. Index may remain rangebound for some time, before seeing a decisive breakout.

Saturday, June 16, 2018

NIFTY WEEKLY PREDICTION & CHART FOR 18 JUNE TO 22 JUNE 18

WEEKLY RESISTANCE FOR NIFTY:10900,10950,11000
 PIVOT POINT: 10750
WEEKLY SUPPORT FOR NIFTY :  10700,10650,10600


















DAILY RESISTANCE FOR NIFTY: 10845,10885,10925
PIVOT POINT:10725
DAILY SUPPORT FOR NIFTY :  10700,10675,10650
Reversing a steady start to the week, the market went down on Friday but finally closed marginally higher. The Sensex closed higher by 22 points to 35622, while the Nifty future rose 4.75 points to close at 10818. For the week, Sensex gained 0.50% and Nifty rose 0.46%. Both the indices posted their fifth consecutive weekly gain. after shuttling between 10750 and 10850 during the week. Nifty future has started the week at 10768 made a high of 10873 and low of 10735 & finally closed at 10818. The markets traded rangebound on Friday except for a brief spell in mid-day trade as both Sensex and Nifty finished flat.  higher CPI inflation for May at 4.8 per cent and FOMC meeting on 11 june 2018 ,historic meet between the US President Donald Trump and North Korean leader Kim Jong Un regarding denuclearization of the Korean peninsula on 12 june 2018, US Federal Reserve's decision to raise key interest rates by 0.25 per cent on 13 june 2018 ,  & reuslts of major IT stock Infosys and TCS on 14th & 15 th june  was the key highlights of the week.
NIFTY FOR THE NEXT WEEK
In the next week the market can expect a lot of activity in the PSU banking space after the President signed an ordinance to finetune the insolvency law. The Finance Minister and heads of PSU banks have discussed constructive action plans. Any positive outcome on the recovery front should lead to a rerating of PSU banks.  Few banks like Indian Bank and Vijaya Bank, hopefully, should perform better, as their books are cleaner than their PSU peers. Additionally, markets are likely to take cues from global macros, as news flow on the domestic floe is almost over for now.  On the industry front, we believe pharma stocks have made a confirmed double bottom pattern on the charts and have started an upward journey. Investors with a long-term investment horizon can pick pharma stocks in their portfolios.
NIFTY: A STRONG SUPPORT WILL BE @ 10675; STRONG RESISTANCE LEVEL SEEN @10925

Thursday, June 14, 2018

NIFTY OUTLOOK & FREE NIFTY FUTURE TIPS FOR 15 JUN 2018

It was tough day for bulls. Bulls could not continue the good start as nifty  dropped till the level of 10770 but at the end bulls again came in to the picture and managed to selltle above 10800 support level. Nifty future has started the day at 10823 made a high of 10834 and low of 10770 & finally closed the day at 10813. The US Federal Reserve on expected lines raised rates by 25 bps but hinted at 2 rate hikes in 2018 which led to some nervousness in the market.

Wednesday, June 13, 2018

NIFTY OUTLOOK & FREE NIFTY FUTURE TIPS FOR 14 JUN 2018


Bulls got nervous at higher levels as nifty future ended Wednesday session at 10849 with minor gains of 10 points. Nifty formed a new swing high at 10873 level, but market breadth for the day was slightly negative. Sensex and Nifty rose for the third straight day just ahead of the US Fed policy outcome today. Expectation are like that a rate hike this time around is almost a done deal. The markets had risen earlier in the day due to a solid monthly industrial growth data released on Tuesday, which had boosted market sentiment. The country’s industrial output rose by 4.9 per cent in April, up from the 4.4 per cent growth seen in March due to a turnaround in capital goods production as well as an uptick in overall manufacturing growth. The Sensex climbed 47 points, , to finish at 35739.

Tuesday, June 12, 2018

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 13 JUN 2018


Bulls run continued on Tuesday..!!! Nifty hit almost 4 months high due to healthy buying in FMCG, pharma, IT and bank stocks after a historic meet between the US President Donald Trump and North Korean leader Kim Jong Un.  The meet, aimed at denuclearization of the Korean peninsula, was hailed as better-than-expected by market participants. The development gave a boost to major Asian stock markets, including India.  However, the profits were restricted, as investor’s awaited IIP data for April and CPI inflation for May for further cues. The Sensex surged 209 points, to end the day at 35693. The Nifty future climbed 61 points finishing Tuesday's session at 10847. It has opened at 10797 made a high of 10849 and low of 10780 total 69 points nifty future has moved in intraday.

Monday, June 11, 2018

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 12 JUN 2018

RELIANCE STRANGLE STRATEGY FOR JUN 2018 

I

It wasn’t quite a Monday for the bulls, as volatility gripped the market! Sensex slipped 221 points from the day’s high to end at 35,483, up just 40 points. Nifty settled 19.30 points higher at 10,786. Market traded positively during most part of the day supported by favorable global cues. However, a consensus estimate of higher CPI inflation for May at 4.8 per cent and a caution ahead of FOMC meeting during the week influenced profit booking. On the other hand, progress in monsoon and positive outlook on rural economy will give some respite to equity in the near term.

Friday, June 8, 2018

NIFTY WEEKLY PREDICTION & CHART FOR 11 JUNE TO 15 JUNE 18

WEEKLY RESISTANCE FOR NIFTY: 10850,10875,10900
 PIVOT POINT: 10650
WEEKLY SUPPORT FOR NIFTY :  10600,10525,10475
WEEKLY CHART FOR NIFTY



















DAILY RESISTANCE FOR NIFTY: 10775,10800,10825
PIVOT POINT:10700
DAILY SUPPORT FOR NIFTY :  10725,10700,10675
DAILY CHART FOR NIFTY

Tug of war between bulls and bears from day one. Bears were heavy on 1st two days i.e. Monday & Tuesday but finally bulls snatched the rope in their hand and managed to touch level 10814 but bears did not diminished from the race and again showed some strength to pull back nifty till the level 10725 on Friday. After a 2-day spell since Reserve Bank of India's (RBI) rate hike which saw the Sensex rise more than 500 points, equity markets on Friday opened in the red as investors opted for profit booking ahead of the weekend. This week nifty future has started at 10732 made a high of 10814 and low of 10552 and finally closed at 10738 down by 76 points.
As predicted by us in our previous weekly report nifty has successfully passed the critical zone 10750 & made a high 10814 & closed at 10748.

Thursday, June 7, 2018

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 8 JUN 2018


Bulls run continued on Thursday’s trade & took the nifty above the resistance level 10800 & finally closed at 10765. Nifty future has started the day at 10725 and made a high of 10814 total 89 points nifty future has moved in intraday while the Sensex gained a little over 400 points. Bank Nifty too rose 150 points to 26517 level. A day after the Reserve Bank hiked rates, the markets continued to rally on the relief that an important event was now in the rear view mirror. In the policy, RBI allowed banks to spread Mark to Market losses in investments in available for sale & held for trading portfolio for June quarter equally over four quarters. This will give relief to the banks which suffered heavy MTM losses due to recent spike in bond yields. Also, RBI mentioned that credit off take is satisfactory. The rate hike will help improving banks NIMs for future credit off take. This has led to positive sentiment in market. The rate hike is a negative but markets are recovering due to short-covering, since people sold off their positions at higher levels prior to the RBI meet and are now covering their positions at lower prices.

Wednesday, June 6, 2018

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 7 JUNE 2018


Bulls are back on the driver seat & took nifty to 10700 mark. The Sensex and Nifty gained nearly 1% today after the Reserve Bank of India’s monetary policy decision has decided to increase key interest rates by 25 basis points to 6.25%. All the six members of RBI’s monetary policy meeting have voted in favour of a rate hike, while maintaining a neutral stance. Meanwhile in global markets, stocks in Europe and Asia were mixed as tech-inspired rally in global stocks is waning. The Sensex closed higher by 275 points, to 35178, while the Nifty rose 91 points to close at 10684.

Tuesday, June 5, 2018

NIFTY OUTLOOK FOR RBI POLICY 6 JUNE 2018

KEEP AN EYE ON RELINFRA ON 06 JUNE
Nifty came down & closed below 10600 mark; eying RBI meet due tomorrow..!!! The market has ended a highly volatile day on negative note as investors chose to remain on the sidelines ahead of the outcome of RBI’s monetary policy meet. The Monetary Policy Committee (MPC) of the Resave Bank of India began its three-day meeting on Monday amid high speculation that it may hike key interest rates for the first time in over four years, keeping firming inflation in view. The Sensex came down 108 points at 34903 and the Nifty future came down below 10600 mark to close at 10,596. The bank Nifty ended on flat note at 26257. An increasing number of economists expect the Reserve Bank of India (RBI) to raise interest rates on Wednesday, a Reuters poll found, but most still think the central bank will stay on hold and use this week’s meeting to prepare for an August hike. Among macro data released earlier today, activity in India’s service industry shrank in May for the first time in three months as new orders stagnated, but business optimism was the highest since 2015 on expectations that demand will turn around, a business survey showed.

Saturday, June 2, 2018

NIFTY WEEKLY PREDICTION & CHART FOR 04 JUNE TO 08 JUNE 18

WEEKLY RESISTANCE FOR NIFTY: 10805,10844,10883,10988
PIVOT POINT: 10672
WEEKLY SUPPORT FOR NIFTY :  10694,10527,10461,10355
WEEKLY CHART FOR NIFTY




















DAILY RESISTANCE FOR NIFTY: 10720,10745,10807,10844
PIVOT POINT:10694
DAILY SUPPORT FOR NIFTY :  10645,10619,10582,10544
DAILY CHART FOR NIFTY

Sensex opened the week at 34856, made a high of 34967, low of 34344 and closed the week at 34924. Thus the Sensex closed the week with a gain of 76 points. At the same time, the Nifty opened the week at 10648, made a high of 10715 low of 10556 and closed the week at 10671. Thus the nifty closed the week with a gain of 63 points. Benchmark indices ended lower on Friday. Price correction on the first session of the new June series derivatives today took its toll. Markets started on a positive note after data showed that India’s January-March 2018 GDP growth soared to a seven-quarter high of 7.7 per cent, spurred by robust performance of manufacturing, construction and service sectors, helping it retain the tag of the fastest growing major economy.

Friday, June 1, 2018

BANKNIFTY PREDICTION & CHARTS FOR 04 JUNE TO 08 JUNE

WEEKLY RESISTANCE FOR BANKNIFTY: 27353, 27563, 27774, 28342
PIVOT POINT: 26637
WEEKLY SUPPORT FOR BANKNIFTY :  26216,25502,24931,24363
WEEKLY CHART FOR BANKNIFTY



















DAILY RESISTANCE FOR BANKNIFTY: 26814, 26899, 26984,27251
PIVOT POINT: 26717
DAILY SUPPORT FOR BANKNIFTY : 26547, 26499, 26316,26183
DAILY CHART FOR BANKNIFTY


Stop-long positions at 26,500. Stop-short positions at 26,800.

Bank Nifty opened the week at 26334 made a high of 26776, low of 25987 and closed the week at 26645 . Thus it closed the week with a gain of 405 points. As the bank nifty is managing to trade above its 22 and 55&200 days moving averages with the RSI of 61, above  26800 one may expect the targets of 27000/27200/27450/27700 in the bank nifty if it manages to sustain above the immediate support level of 26500/26330/26000. And resistance level for bank nifty are 26800,27000 ,27500.