NIFTY-LOOKS LIKE NEW RALLY ON THE WAY

MONTHLY– POSITIVE FOR 10500

WEEKLY – AFTER MAKING FOUR BOTTOMS INDEX FINALLY GAVE SOME BULLISH MOVEMENT CHANGING TRADERS SENTIMENTS FROM CAUTION TO BULLISH AGAIN.

                                                                              NIFTY WEEKLY

Nifty Chart

      IN THE ABOVE CHART WE CAN SEE INDEX TO TOUCH 10200 WITH STOPLOSS OF 9900.

DAILY- IN DAILY CHART  INDEX GAVE DOUBLE TOP BREAKOUT FOR TARGET OF 10130 AFTER GIVING GAP UP AND SUSTAINING ALL DAY ABOVE IT WHICH IS VERY CRUCIAL FOR BULLISH MOVEMENT.

 

                                             NIFTY DAILY

 

Nifty Chart

IN THE ABIVE CHART WE HAVE EXPLAINED EVRYTHING NOW ALL WE NEED CLOSE ABOVE 10000 SPOT WHICH IS PSYCHOLOICAL FIGURE CLOSE ABOVE 10000 SPOT CAN GIVE VERY SHARP RISE IN INDEX FOR 10130/10200/10250/10500.

STRATEGY – BUY WITH STOPLOSS OF 9890 FOR 10130/10200.

 

 

BANK NIFTY-

MONTHLY-POSITIVE FOR 26000.

WEEKLY-LIKE NIFTY BANK NIFTY TOO HAS MADE FOUR BOTTOMS AND NOW RISING UP FOR 25000.

DAILY-IN DAILY BANK NIFTY HAS CLSOED ABOVE 20DMA AND ANY CLSOE ABOVE 24520 CAN GIVE SHARP MOVE TOWARDS 25000.

 

STRATEGY- BUY WITH STOPLOSS OF 24200 FOR 25000.

MONTHLY CALLS

STOCK NAME ENTRY TARGET STOPLOSS COMMENTS
ASHOKLEY          113 140 107 CLOSING BASIS HEDGE WITH PUT CLOSE ABOVE 115 IS ALL WE NEED
AURO PHARMA 762        795/1000 720 CLOSING BASIS HEDGE WITH PUT “C&h” IN WEEKLY
DLF 188 240 175 HEDGE
JINDAL STEEL 142 160/200 130 HEDGE WITH TWO PUTS
PIDILITE 845 950 825 HEDGE
TATA STEEL 654 720 640 CLOSING BASIS HEDGE
UJJIVAN 364 420 338 CLOSING BASIS HEDGE

WEEKLY CALLS

STOCK NAME ENTRY TARGET STOPLOSS COMMENTS
BAJAJ FINANCE 1806 1900 1760 CLOSING BASIS HEDGE WITH PUT
BATA 687          720 676 CLOSING BASIS
BEML 1840 1920/2000 1790 CLOSING BASIS
ICIL 116 140 108.5 HEDGE
IDFC 58 64 56 CLOSING BASIS HEDGE
JUSTDIAL 401 415/428/450 385 HEDGE
LICHFIN 682 700/710 665 CLOSING BASIS
SBI 278 290 273 CLOSING BASIS
TATA MOTORS 392 384 420 CLOSING BASIS

 

 

NOTE: ALL PRICE ARE IN FUTURE don’t TAKE POSITION WITHOUT HEDGING

 

 

 

 

 

 

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