Thursday, July 27, 2017

Market out look daily 27th July, 2017

Market out look daily 27th  July, 2017

Nifty closed above 10000 mark
Strong Bullish with consolidation

Mrket Out Look   :    Market are continue in bullish mode and finally closed above 10000 mark.  Any dip to buy side. Tomorrow there are two events,  FED meeting and FO Expiry so high volatile market with positive bias and dip to buy side.  A lot of results are also announced today so  major movement in the market.
Nifty Spot  :   Consider support   9950-9960, holding above 10000 mark up  side target 10090 thereafter 10100-10200 easily.
Nifty Future  :    Support nearly  9950-9960, above 10010   up side target 10100  and above. Holding above, major short covering in market anddo not think to short sell.
Bank Nifty Future  :   Trend is very bullish and closed above 24500 mark, now consider resistance 24800,  sustained above, another round of move towards 25000-25200
PSU Bank INDEX  :     Be prepare for party any time PSU Bank stocks will move very fast.  
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Wednesday, July 26, 2017

Market out look daily 26th July, 2017



Nifty Above 9900 – Up side
Towards 10000,
Closed above  Nifty  10000  up move continue.

Mrket Out Look   :    Market are continue in bullish mode and we have seen Nifty 10000 only on screen and whole the day remain below and finally closed at 9975.  We expect that sonar or later it will crossed and closed above.   Over all trend is good and stock specify movement continue and better to concentrate result stocks where money can be make very fast.
Nifty Spot  :   Consider support   9900-9910 and resistance nearly 9999, once stay above with volume , major  short covery in the market.
Nifty Future  :    Excellent support  9900-9910  and near support 9950-9960   holding these level, upper side resistance continue towards 9999-10000 mark.     Short is not a good idea
Bank Nifty Future  :   Trend is very bullish and continue closing above 24000  upside towards 24600-24750 in coming days.
PSU Bank INDEX  :     Be prepare for party any time PSU Bank stocks will move very fast.  
Long Side      :
TCS,  M&M Finance, Axis Bank, Bharti Tele, IDEA

Short Side     :  
HCL Tech,  NBCC, Tata Motor, LIC Housing, Escorts.
OPEN INTREREST SPURT in Terms of Contacts  :
TCS – 17937 ,  M&M Finance 2474,  HCL Tech 4622,  Axis Bank 12898, Asian paiants 2381, Bharti 6797, Sun Pharma 11398,  HDFC 3538,  HIndalco 2993, VEDL 3443,  Federal Bank 1724. Dr Readdy Lab 2432, ICICI Bank 6789, Yes Bank 2988, Reliance 2366, bob 1877, idea 2821

More details call
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Tuesday, July 25, 2017

Market out look daily 25th July, 2017


Nifty Above 9900 – Up side
Towards 10000, thereafter …………?
Mrket Out Look   :    Market are continue in bullish mode and finally break out above 9930 and almost closed near to higher side.   Trend is bullish and short sell is not a good idea.  Stock specify movement continue in market.  IT Sector, B anking Sector looks good and any dip to long side.
Nifty Spot  :   Consider support   9900-9910 and resistance nearly 9999, once stay above with volume , major  short covery in the market.
Nifty Future  :    Excellent support  9900-9910  any decline to buy side, with consider resistance 9980-10000 mark and above.
Bank Nifty Future  :   Trend is very bullish and continue closing above 24000  upside towards 245450-24500. Once closed above 24500 upside target 27450-24800 and above.
PSU Bank INDEX  :     Trend is  bullish and holding  and trading range continue 3500 to 3600 range, once break out this range , will move one side, however, chances of down side is very limited.

Long Side      :
TCS, SBI, Yes Bank, Cpla, Tech Mahindra, M&M Finance.
Short Side     :  
MRPL, OFSS, HCL Tech, HDFC, Axis Bank, Zee Tele, Dr. Readdy.
OPEN INTREREST SPURT  :
M&M Fiance 1392,  IRB 2521 lacs, HDFC Bank 8606 contracts, VEDL 1453 lacs, Yes Bank 1688 lacs, Axis Bank 2097 lacs, Reliance 3753 lacs, SBI 1482 lacs, Bank of India – 287,  ITC – 1682, TCS – 306, Tata Communication – 6.60 lacs
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Monday, July 24, 2017

Market out look daily 24th July, 2017


Bulls are upper hand
No Mood to give up
Mrket Out Look   :    Market are continue in bullish mode and always any downside strong buying forces emerged and bears have been trapped.  However, Nifty already moved more than 450 points but  strong buying from Domestic and FIIS are continue in positive side.  As result season continue and concentrate results stocks for money making easily.
Nifty Spot  :   Consider support   9850-9810, resistance 9830, sustained above non stop target 10000 mark. Once sustained above 10000 and closed another round of short covering towards 10200 mark.  Weekly closed above 10000 and sustained above up side towards 11500 in coming months.
Nifty Future  :    Excellent support 9850-9833 and resistance 9920, above time to buy side.
Bank Nifty Future  :   Trend is very bullish and continue closing above 24000  up  side target towards 24300-24500
PSU Bank INDEX  :     Trend is  bullish and holding above 3520 looks positive bias and more up side once it will stay above 3580.
Long Side      :
Reliance Industries, Wipro, Voltas, DR Readdy Lab, Tata Motors.
Short Side     :  
Asian paints, Bharti Tele, HDIL, Arvind Mills HDFC.
OPEN INTREREST SPURT  :
Wipro – long side  11000 contracts, Dr Ready – short covering 715, Tata Steel – short covering 101, SBI – short covering 26 lac shares, Tata Motors – short covering 14 lacs, Axis Bank – short covering 31 lacs, Hindalco – short covering 29.90 lacs, ICICI Bank – short covering 38.17 lacs, HUL – long exit 4.04 lacs, Can Bank – short covering 10.60 lacs, Kotak Bank – short covering 9 lacs.
More details call
9630466296