NIFTY-
MONTHLY– POSITIVE ABOVE 10000, WE CAN GET 10500.
WEEKLY– IN WEEKLY CHART INDEX HAVE FORMED “HAMMER” ON TOP AND TOOK SUPPORT OF 10DMA IN DAILY CHART OUR TARGET OF 10000 IS STILL DUE SO IF LAST WEEK LOW WHICH IS 9830 HOLDS WE CAN SEE 10100 IN COMING WEEK.
DAILY– IN DAILY CHART INDEX HAVE FORMED “HAMMER” THIS HAMMER SHOWS BULL RALLY TO CONTINUE.
NIFTY DAILY
IN THE ABOVE CHART WE HAVE SHOWN HOW 9830 SHOULD NOW ACT AS SUPPORT FOR INDEX BUT STILL OUR MAJOR SUPPORT IS 9700. IF INDEX HOLDS THESE LEVELS WE CAN EASILY SEE 10100-10250 IN COMING DAYS.
STRATEGY-BUY ON DIPS WITH CLOSING BASIS STOPLOSS OF 9700 FOR 10250.
BANK NIFTY
MONTHLY– POSITIVE
WEEKLY- IN OUR LAST REPORT WE SUGGESTED TO BUY BANK NIFTY WITH STOPLOSS OF 23900 FOR IMMEDIATE TARGET OF 24250 AND BANK NIFTY MADE HIGH OF 24294.95.
THIS WEEK BANK NIFTY HAVE FORMED “THREE WHITE SOLDIERS” THAT TOO ON WEEKLY CHARTS WE HAVE EXPLAINED MANY TIMES HOW “THREE WHITE SOLDIERS” WORKS SO WE HAVE GOT THIS SHAPE WHICH IS GOODDD FOR BULLS AS IT INDICATES BULLISH MOVE.
BANK NIFTY WEEKLY
WE HAVE EXPLAINED EVERYTHING ON CHARTS AND AGAIN 23900 WILL ACT AS SUPPORT FOR BANK NIFTY.
DAILY – IN DAILY CHART BANKK NIFTY TOO HAVE FORMED “HAMMER” BUT ITS ON TOP BUT THAT HAMMER LOW SHOULD NOW ACT AS SUPPORT TOO IN SHORT-TERM.
STRATEGY- BUY BANK NIFTY ON DIPS WITH CLOSING BASIS STOPLOSS OF 23900 FOR 24750.
MONTHLY CALLS
| STOCK NAME | ENTRY | TARGET | STOPLOSS | COMMENTS |
| ADANI ENT | 133 | 160 | 124 | TILL NOW 144 |
| CENTEX | 1128 | 1220 | 1080 | TILL NOW 1180 |
| JINDAL STEEL | 123 | 160 | 130 | TILL NOW 144 |
| TATA STEEL | 535 | 620 | 504 | TILL NOW 564 |
| HPCL | 388 | 450 | 363 | CLOSING BASIS |
WEEKLY CALLS
STOCK NAME |
ENTRY |
TARGET |
STOPLOSS |
COMMENTS |
| ADANI PORTS | 381 | 390 | 378 | CLOSING BASIS |
| AXIS BANK | 538 | 560 | 530 | CLOSING BASIS |
| BOI | 153 | 177 | 145 | CLOSING BASIS |
| BHARAT FIN | 780 | 805 | 770 | CLOSING BAISS |
| CAN BANK | 351 | 370 | 347 | CLOSING BASIS |
| COAL INDIA | 262 | 276 | 258 | CLOSING BASIS |
| TATA MOTORS | 462 | 480 | 454 | CLOSING BASIS |
| TATA STEEL | 554 | 580 | 543 | CLOSING BASIS |
| PNB | 154 | 178 | 149 | CLOSING BASIS |
| TVS MOT | 570 | 600 | 560 | CLOSING BASIS |
EXPIRY OPTION CALLS MAX RISK -43000 APROX
| STOCK NAME | STRIKE PRICE | ENTRY | TARGET | STOPLOSS |
| ACC | 1700CE | 15 | 50 | 1 |
| ASHOKLEY | 105CE | 0.5 | 3 | 0 |
| AUROPAHRMA | 740CE | 10 | 20/40 | 1 |
| BANK OF INDIA | 160CE | 0.5 | 3 | 0 |
| BHARAT FORG | 1140CE | 10 | 30 | 0 |
| CAN BANK | 360CE | 1.5 | 10 | 0 |
| SBIN | 290CE | 2 | 8 | 0 |
| TATA STEEL | 560CE | 2 | 8 | 0 |
| TITAN | 550CE | 2 | 10 | 0 |
Disclamer
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