The
market is witnessed a board-based rally expecting better outlook for the
economy in the next one to two quarters. On Monday market has closed at another
record high as investors continued to cheer the decisive mandate for the
Narendra Modi's BJP in the national election. After rallying nearly 400 points,
the sensex ended 248 points, higher at 39683 its all-time closing high. The gauge
hit an intra-day high of 39821 and a low of 39353. Likewise, the Nifty
jumped 80 points, to 11924 a closing peak for the index. During the day, the
bourse hit a high of 11957 and a low of 11812. Domestic and foreign
investors have been euphoric ever since Modi-led NDA registered a thumping
victory in the Lok Sabha polls.
Monday, May 27, 2019
Friday, May 24, 2019
NIFTY WEEKLY OUTLOOK & MAY EXPIRY TRADING TIPS 27 MAY TO 31 JUN 19
WEEKLY RESISTANCE FOR NIFTY: 11900, 12000, 12200
PIVOT POINT: 11800
WEEKLY SUPPORT FOR NIFTY: 11700, 11600,
11500
WEEKLY CHART FOR NIFTY
DAILY RESISTANCE FOR NIFTY: 11900, 11950, 12000
PIVOT POINT: 11850
DAILY SUPPORT FOR NIFTY: 11800, 11750, 11700
DAILY CHART FOR NIFTY
Bulls have shown
tremendous strength on the long-awaited exit polls, despite the ongoing
ambiguity in the US-China trade talks. With the last phase of elections
scheduled for Sunday, the all-round buying across the sectors reflects market's
anticipation that exit polls may indicate formation of a stable government. Monday
was all about the result of exit polls over the weekend. With almost all polls
indicating NDA government back in power with thumping majority, the market
overjoyed with this and had a massive bump up at the opening well above the
11600 mark,. In the initial hour, there was mild profit taking seen; but
eventually this got bought into and index went on register colossal rally of
over three and half a percent to the previous close. Monday’s colossal rally was followed by a gap
up opening at new record highs on Tuesday. During the first half, index
consolidated in a range; but second half turned out to be a disappointing one
as we saw broad based sell off till the closing trade of the session. In this
process, index shaved off precisely a percent from Monday’s massive upsurge. Wednesday,
markets opened slightly higher as indicated by the Nifty early in the morning.
Subsequently, index consolidated in a range of nearly 100 points throughout the
day to eventually close with one fourth of percent gains. On the sectoral
front, two heavyweight pockets, Banking and IT had diverging moves. The banking
index saw decent pull back; whereas the IT index continues to underperform. Thursday,
since morning, all eyes were on election counting and right from the word go,
the BJP led NDA had taken a head start. As a result, we had a massive gap up
opening tad above the 11900 mark. As the counting progressed, this early
morning lead got extended to go beyond the magical figure of 12000. However, all
of a sudden, we saw index taking a complete nosedive after clocking new highs,
in fact the profit taking was so immense, we not only wipe off all gains but
also went on to sneak well inside the negative territory. Friday market ended
near day's high level on May 24 after BJP led NDA government got clear mandate
in the Lok Sabha Election 2019. At close, the Sensex was up 623 points at 39434, while Nifty was up 187
points at 11844.
NIFTY: A STRONG SUPPORT WILL BE @ 11200; STRONG RESISTANCE LEVEL SEEN @11500
Expiry
is ahead in the coming week. We must accept the fact, the forthcoming session
is likely to see roller coaster rides and the overall trading range would
probably be considerably higher than average range. Momentum traders are
advised to stay light and would be necessary to remain flexible in case of any adverse
reaction. Last week we had clearly stated about this space which is in a last
phase of time as well as price correction. We have already seen a good leap
from lows and expect further legs to unfold, which will eventually bring back
the wider smile on many traders’/ investors’ faces. Historically, the stock
market associates the month of May with Bearishness. This time too, it is
playing out in a similar fashion as the Bears have started taking command. The
old adage “Sell in May & Go on a Vacation” holds particularly true, as the
market seems ready to test lower levels going forward. The short term trend has
turned negative this week, as now every rally is being sold into, with 20dma
and 200dma providing strong Resistances. The Bulls have a flicker of hope as
the market has taken support at the Bullish Gap 11750-11650 and closed within
it.
TECHNICALLY SPEAKING.
Thursday, May 23, 2019
NIFTY OUTLOOK & NIFTY OPTION TIPS FOR 24 MAY 2019
TO TRADE IN LIVE
MARKET OPTION/FUTURE CALLS WHATSAPP ON 9039542248
Historical day for Indian stock market; nifty &
sensex was at life time high . sensex was above 40000 & nifty above 12000. Continuing their
record-breaking run, bulls hit new fresh record highs on Monday & took
nifty above 1200 mark for the first time history of Indian stock market. As expected and predicted by exit polls the
BJP is going to form the government again. Markets had rallied on Monday and today
after the trends started confirming NDA's win Sensex and Nifty hit their new
highs. But after that the market caught up with ground realities of the economy
and global factors. Global markets were showing weakness due to US-China trade
worries and so our market settled down & turned negative.
HISTORICAL DAY FOR STOCK MARKET
INDIAN STOCK MARKET IS AT ALL TIME HIGH
TO TRADE IN LIVE MARKET WHATSAPP ON 9039542248SENSEX ABOVE 40000
NIFTY CROSSED 12000 MARK
Wednesday, May 22, 2019
OPTION CALL PUT TIPS FOR 23 MAY 2019
Market fell 1% as nifty & sensex failed to maintain the strong up move which was recorded on May
20, on the back on exit polls for Lok Sabha Election 2019, but in Wednesday’s
trade Sensex ends 140 pts higher, holds above 39K ahead of poll results, while nfity closed at 11700 mark.
Monday, May 20, 2019
EXIT POLL CHANGED THE MARKET MOOD; NIFTY TIPS FOR 21 MAY
Bulls are back with a bang. BJP looked
set to retain power in again. Going by
exit poll results Narendra Modi-led NDA government is all likely to come back
to power with a resounding victory in general elections 2019. Indian equity
benchmarks clocked their best single-day gains in nearly six years to close at
record highs after the exit polls predict that the NDA will return to power.
The Sensex closed 1422 points higher at 39352 and the Nifty ended at 11828. It has been
nearly five years since Modi took oath as Prime Minister on May 26, 2014.
During this period the Nifty rallied over 5%. However, the period also
remained highly volatile for Indian market because of reformist measures such
as demonetization, implementation of goods and services tax, Insolvency and
Bankruptcy Code and Real Estate Regulation and Development Act.
Thursday, May 16, 2019
NIFTY & BANKNIFTY OPTION TIPS FOR 17 MAY 2019
BUY TATASTEEL 450 PUT @ 11.35 TGT 15
BUY TATAMOTORS 180 CALL @ 8 TGT 10
Bulls tighten their grip
on the dalal street & took the nifty above 11250 mark. What could have been
a flat day for the market, took a turn for the better, as benchmark indices
logged decent gains towards the end of the session backed by banks and IT
stocks. At close, the
Sensex was 278 points up at 37393, while Nifty was up 100 points at 11257. Rupee
gained some 30 paise against the greenback. Global markets recovered on some
ease in US-China trade tensions. S&P futures were trading higher,
indicating a positive start for the US stocks. China markets too ended on a
positive note.
Wednesday, May 15, 2019
NIFTY & BANKNIFTY OPTION TIPS FOR 16 MAY 2019
"BUY ICICIBANK 365 PUT @ 9.5 TGT 11.5/13"
TO GET LIVE MARKET CALLS WHATSAPP UR NAME & SEGMENT ON 9039542248 OR FILL UP THE FORM GIVEN HERE >>>>
Volatility ruled the
roost. Situation is getting worst day by day for the Indian equity market as the
Sensex and Nifty resumed declines after a day's breather. The Sensex ended 204
points lower at 37115 and the Nifty Index fell 65 points or to close at 11157.
Reason behind selling pressure was uncertainty over outcome of general
elections and ongoing trade tensions between US and China.
Thursday, May 9, 2019
NIFTY & BANKNIFTY OPTION TIPS FOR 10 MAY 2019
TO GET SUCH CALLS IN LIVE MARKET JOIN US ON WHATSAPP 9039542248
The Market fell seventh
day in a row to lowest level in two months tracking sharp losses in Asian
peers, where equities slumped as investors waited to see whether Chinese and US
trade negotiators can salvage a deal to stave off the threat of fresh US tariff
increases, which would damage global economic growth. The Sensex fell 230
points to close at 37559 and the Nifty declined 58 points to settle at 11302.
Wednesday, May 8, 2019
OPTION CALL PUT TIPS FOR 9 MAY 2019
"BUY BANKNIFTY 29000 PUT 9 MAY @ 90
TGT 130/170"
"BUY DLF 160 PUT @ 6 TGT 7.5/8.5"
The market fell sharply
in Wednesday's session, closing lower for a sixth session in a row. The Sensex plunged
488 points to end at 37789 and the Nifty slumped 138 points to close at 11359. The
Sensex fell as much as 534 points during the session, and the Nifty declined to
an intraday low of 11347. A combination of factors including worries over
unsuccessful US-China trade negotiations impacting global growth prospects,
profit-booking ahead of the outcome of general elections and below-par
corporate earnings impacted the investor sentiment.
Monday, May 6, 2019
STOCK OPTION CALL PUT TIPS FOR 07 MAY 2019
BUY PNB 95 CALL @ 2.5 TGT 3.5/5
BUY NIFTY 11600 PUT @ 50 TGT 64/80
Market skewed in favor of the bears. The Nifty slipped
below the 11700 mark in today’s trade. Nifty ended lower on Monday amid fresh trade
worries between US-China. The Sensex was down 362 points at 38600, while Nifty
was down 114 points at 11598. Nifty has started the day from 11605 made a high of 11632 and low of 11571.
Friday, May 3, 2019
NIFTY WEEKLY PREDICTION & CHARTS 06 MAY TO 10 MAY 2019
WEEKLY
RESISTANCE FOR NIFTY: 11775, 11875, 11975
PIVOT POINT: 11700
WEEKLY SUPPORT FOR
NIFTY: 11625, 11550, 11500
WEEKLY CHART FOR NIFTY
DAILY RESISTANCE FOR NIFTY: 11750, 11800, 11850
PIVOT POINT: 11725
DAILY SUPPORT FOR NIFTY: 11675, 11635, 11575
DAILY CHART FOR NIFTY
After an extended weekend, our markets
had a sluggish opening on Tuesday as there was no major trigger on the domestic
as well as global front. Yes, Brent crude cooled off a bit; but our markets
have already discounted it while closing on Friday. On Tuesday, during the
initial hour, all of a sudden the selling triggered in the market and in the
process, we once again slipped below the 11700 mark. Fortunately for us, quite
similar to Friday’s session, we had a good upsurge during the penultimate hour,
which pulled the index back into the relatively safer territory. Wednesday
market was closed due to Maharashtra Day. On Thursday post a
midweek holiday, our markets started on a mild negative note taking the cues
from the SGX Nifty. On Thursday market
closed flat gave all its intraday gains in the final hour of trading. The
nifty closed down 12 points at 11712. Subsequently, Index
witnessed choppy swings on both sides of the trend twice during the session and
eventually ended with a marginal loss of 0.20% at 11725. There is a famous
saying, all’s well that ends well and its goes perfectly with the recent price
development. Firstly, we successfully managed to defend the key support of 11550
and then went on to close well inside the safe territory by reclaiming the 11800
mark. Now, at his juncture, we do not have signals that will provide us a
proper trade set up. But since the broader trend remains bullish, we continue
to remain upbeat on the market as long as it holds 11550, convincingly. On the
higher side, 11800 followed by 11850 are the levels to watch out for. If we see
any renewed buying interest in some of the heavyweight constituents, we would
expect index hitting fresh highs very soon. Till the time, the consolidation
continues in the range of 11800 – 11550.
NIFTY VIEW FOR COMING WEEK 06 MAY TO 10 MAY 2019
Tuesday, April 30, 2019
STOCK OPTION CALL PUT TIPS FOR 2 MAY 2019
DLF 160 PUT @ 3.5 TGT 5/6.5
RELIANCE 1440 CALL @ 25 TGT 29/33
Market ended lower but
off day's low on the back of buying seen in the last hour of trade. The Sensex
was down 35 points at 39031, while Nifty was down 6 points at 11748. Market
will be shut on Wednesday to mark Maharashtra Day.
Friday, April 26, 2019
NIFTY WEEKLY PREDICTION & CHARTS 30 APRIL TO 3 MAY 2019
WEEKLY
RESISTANCE FOR NIFTY: 11850, 12000, 11200
DAILY RESISTANCE FOR NIFTY: 11800, 11900, 112000
PIVOT POINT: 11700
WEEKLY SUPPORT FOR
NIFTY: 11600, 11500, 11400
WEEKLY CHART FOR NIFTY
DAILY RESISTANCE FOR NIFTY: 11800, 11900, 112000
PIVOT POINT: 11650
DAILY SUPPORT FOR NIFTY: 11550, 11450,
11350
DAILY CHART FOR NIFTY
If end well all
well. Late buying helped nifty to close the first day of May
series near day's high level with Nifty finished above 11750 mark. On Monday
a sudden spike in crude oil prices spooked traders’ fraternity across the globe
and we being the most sensitive economy had a massive impact of the same. Our
markets began marginally lower but within a blink of an eye, we were off more
than 70 – 80 points to sneak below the 11700 mark. It was followed by some
consolidation till the mid session; but as the second half underway, the selling
intensified across the broader market and hence, yet another bout of sell off
eventually dragged the Nifty below 11600 on a closing basis. Tuesday we had a
flat to positive opening as indicated by the Nifty early in the morning. This
was followed by a gradual up move with lack of momentum for the major part of
the day. However, during the penultimate hour, all of a sudden, bundle of
heavyweight constituents started facing severe selling pressure and as a
result, the Nifty dropped inside the negative territory within no time.
Eventually, we ended the session well below 11600 by losing nearly two tenths
of a percent. Tuesday’s weak closing was followed by a gap up opening on Wednesday
with a very small margin. There were no major triggers on the domestic as well
as global front and hence, we slipped into a consolidation thereafter. The
intraday range shrunk considerably, resulting into a lack of momentum. However,
from nowhere, there was sudden gush seen in the market at the stroke of the
penultimate hour and what we witnessed thereafter, was really a jaw dropping
development for our market. In last one and half hours, Nifty not only elevated
from the key support levels; but also managed to reclaim the 11700 mark with
some authority. Wednesday’s spectacular recovery was followed by a flat opening
on Thursday with mildly positive bias. The index then continued its northward
trajectory towards the 11800 mark. However, we witnessed massive profit taking
at higher levels and hence, we were well off from the kissing distance of
11800. This sell off aggravated during the last hour of the day, which led index
convincingly below 11700 within a blink of an eye. Eventually, this volatile
session ended with a loss of over seven tenths of a percent.
Thursday, April 25, 2019
ULTRACEMCO MOVED ON OUR WORDS..!!!
ULTRACEMCO 4500 APR CALL RUNNING @ 154 BUY GIVEN @ 27 TODAY INVESTMENT OF 5400 ONLY.
FOR SUCH CALLS JOIN US NOW FOR MORE DETAILS & CALLS PING ON WHATSAPP 9039542248
FOR SUCH CALLS JOIN US NOW FOR MORE DETAILS & CALLS PING ON WHATSAPP 9039542248
Tuesday, April 23, 2019
NIFTY OUTLOOK & FREE OPTION TIPS FOR 24 APRIL 2019
"BUY NIFTY 11600 PUT 25 APRIL @ 48 TGT 60 /80"
Bears continued to grip
the markets in Tuesday’s session also…!!!! Nifty came below 11600 mark. After
opening at 11612 nifty made a high of 11645 & came down to 11564 &
finally closed at 11576. total 81 points nifty has moved in intraday.
As we are in the expiry week of F&O April series volatility may continue in the coming session also. Support for Nifty is at 11550 and if that breaks then we can understand the next leg of downside. There can be some stability only if Nifty manages to respect 11550. A sustainable move below this would result into an extended correction. However, in my sense, Nifty would probably move higher and immediate resistance is now placed in the zone of 11675 - 11750 levels.
As we are in the expiry week of F&O April series volatility may continue in the coming session also. Support for Nifty is at 11550 and if that breaks then we can understand the next leg of downside. There can be some stability only if Nifty manages to respect 11550. A sustainable move below this would result into an extended correction. However, in my sense, Nifty would probably move higher and immediate resistance is now placed in the zone of 11675 - 11750 levels.
Resistance: 11630, 11670, 11700
Support: 11570, 11550, 11500Monday, April 15, 2019
RELCAPITAL & ICICIBANK TIPS;NIFTY VIEW FOR 16 APRIL'19
"BUY RELCAPITAL 180 CALL @ 8 TGT 10/12"
"BUY ICICIBANK 385 PUT @ 3 TGT 3.9/4.8"
Bulls are back in action
& took nifty above 11700 but nifty close. Indices ended higher but off
day's high on Monday with Nifty finished below 11700 level. At close, the
Sensex was up 138 points at 38905, while Nifty was up 46 points at 11690. Market
took positive cues from Asian peers, where equities neared nine-month
highs on easing of concerns about the US-China trade conflict. Trade
talks between the two countries were approaching a final lap, while strong
Chinese export and bank loan data boosted confidence in the global economy.
The index formed a bullish candle on the
daily scale and needs to hold above 11700 to extend gains towards 11800, and
then 11900 -12000 zone. Overall setup and momentum is positive and a hold
of recent zones could extend rally, while support exists at 11650 and then 11600
levels. It has been making higher top and higher bottom formation and
supports are gradually shifting higher with medium term support at 11500.
More about intraday tips on Google +
Resistance: 11800, 11900
Support: 11650, 11600
Friday, April 12, 2019
NIFTY WEEKLY PREDICTION & CHARTS 15 APRIL TO 19 APRIL 2019
WEEKLY
RESISTANCE FOR NIFTY: 11700, 11800, 11900
PIVOT POINT: 11600
WEEKLY SUPPORT FOR
NIFTY: 11500, 11400, 11300
WEEKLY CHART FOR
NIFTY DAILY RESISTANCE FOR NIFTY: 11700, 11750, 11800
PIVOT POINT: 11630
DAILY SUPPORT FOR NIFTY: 11600, 11550,
11500
DAILY CHART FOR NIFTY
The domestic stock markets broke out of
the range-bound trading in afternoon trade ahead of the release of key The macroeconomic
data and quarterly results of IT majors TCS and Infosys changed the market sentiments.
The nifty closed the week above 11600 mark at 11,643.
Trading for the week kick started on a
positive note slightly above 11700, very much in-line with other Asian peers.
However, it looked like a fragile gap up opening and hence, markets started
coming off immediately from opening trades. In fact, the selling aggravated as
the day progressed and hence, we not only erased early morning gains but also
went on to sneak well below key support levels by shedding more than 100 points
from previous close. Fortunately, some buying emerged at lower levels which
pulled the index to reclaim the 11600 mark on a closing basis. Tuesday Nifty
opened flat as there was no major trigger on the global as well as domestic
front. During the first half, index did not have any strength to climb higher
and hence, we almost went back to previous day’s low. Fortunately, there was
sudden buying interest seen at lower levels and hence, markets reversed before
it breaks previous day’s low. In fact, as we were approaching the fag end of
the session; the buying momentum accelerated across the broader market, leading
Nifty to close at the highest point of the day by clocking over half a percent
gains. Tuesday’s smart recovery was followed by a disappointing start on Wednesday
mainly on the back of unfavorable cues from the global peers. During the first
half, index made couple of valiant attempts to move towards the 11700 mark; but
all those attempts turned unsuccessful. In fact, the selloff aggravated post
the midsession to eventually sneak below 11600 on a closing basis. Thursday,
our markets started on a muted note in the absence of major action from global
cues. Subsequently, following the weakness of the previous session Index traded
under pressure during the first half. Last few hours were however better as we
saw index rebounding a bit after finding support on key levels to eventually
end with minor gains tad below 11600.
NIFTY VIEW FOR COMING WEEK 15 APRIL TO 19 APRIL 2019
Thursday, April 11, 2019
NIFTY OUTLOOK & FREE OPTION TIPS FOR 12 APRIL 2019
NIFTY 11600 25 APRIL PUT ACHIEVED 1ST
TGT 116 BUY GIVEN @ 101 YESTERDAY
Bears continued to grip
the markets…!!!! Thursday’s Lackluster trading session ended on Negative Note. Nifty
toggled between gains and losses on Thursday amid cautious trade, tracking weakness
in Asian peers on concerns about global economic growth among traders. The
market cracked heavily in trades today on account of March quarter
earnings of TCS & Infosys due tomorrow 12 april 2019. For most part of the
day, the sensex & nifty fluctuated between gains and losses and the Sensex
swung at least 10 times between the positive and negative territory. The Sensex
rose 22 points to close at 38607. The Sensex moved in a range of 135 points,
between 38649 on the upside and 38513 on the downside. The Nifty advanced 12
points to end at 11597. The Nifty touched 11604 at the day's
strongest point, and dipped to as low as 11566 during the session.
Wednesday, April 10, 2019
NIFTY OUTLOOK & FREE OPTION TIPS FOR 11 APRIL 2019
"BUY NIFTY 11600 25 APRIL PUT @ 101 TGT 116/130"
Bears continued to grip the markets…!!!!The market cracked heavily in
trades today after
the International Monetary Fund downgraded India's growth forecast to 7.3% for
2019. The Sensex fell as much as 397 points to touch intraday low
of 38542 and the Nifty index dropped as much as 100 points to intraday low of
11571. IMF's cut in growth outlook comes after ADB and the Reserve Bank of
India cut India's economic growth outlook to 7.2% for 2019 earlier this month.
Also caution ahead of the March quarter earnings season is leading to investors
stay on the side-lines.
Subscribe to:
Posts (Atom)