Thursday, August 17, 2017

Resistance @ 9930 & 9990

Dear All,

>>> Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<

Price may rally further if manages to cross above 9930 & 9990.

>>> Bank Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<

Resistance @ 24400-420 and 24610 > above price may rally more. Cheers!!!

Wednesday, August 16, 2017

Next Resistance @ 9930 & 9990-10000

Dear All,

>>> Nifty Hourly Posted on Monday <<<

>>> Click the chart to see on full screen <<<

Wrote on Monday - Price may test the Resistance @ 9886 & 9935.

>>> Nifty Hourly - We Booked Profit 170 Points Profit <<<

>>> Click the chart to see on full screen <<<

Booked 170 Points Profit. Next Resistance @ 9930 & 9990. Cheers!!!

Tuesday, August 15, 2017

Support @ 9725 & 9780

Dear All,

>>> Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<

Support @ 9725 & 9780. Resistance @ 9840 - 9886 & 9935.

Sunday, August 13, 2017

Weekly Review 14th Monday, 2017

Dear All,


Macroeconomic Data:- The 'Big Three' indicators, viz IIP data, WPI inflation and retail inflation are likely to have a major say during the coming week. Among these, IIP data has already been released and the numbers are nothing but a total disappointment. Industrial output entered the negative territory in June, contracting 0.1 per cent mainly due to decline in manufacturing and capital goods sectors, reported PTI. Factory output, measured in terms of Index of Industrial Production, grew 8 per cent in June 2016. This is the first time in the current fiscal that the industrial output has shown a decline. The IIP grew by 3.4 per cent in April and 2.8 per cent in May as per the revised estimates released on Friday.

The inflation data based on wholesale price index (WPI) for July 2017 will be announced during market hours on Monday, August 14, 2017. WPI had eased sharply to its lowest level this year to 0.9 per cent in June from 2.17 per cent in May.

Retail inflation or consumer price-based inflation (CPI) for July 2017 will also be released on Monday after market hours. CPI had slowed to 1.54 per cent in June from 2.18 per cent in May.

Geopolitical tensions: The war of words between the US and North Korea escalated during the week as North Korea on Saturday said its army was on standby to launch attacks on the US.

North Korea’s state-run newspaper said its leader Kim Jung Un’s revolutionary army is “capable of fighting any war the US wants," reported New York Post.

Fed minutes:- The Federal Open Market Committee will issue minutes of its last monetary policy meet held on 26 July 2017, on Wednesday (August 16, 2017). As expected, the US Federal Reserve kept the policy rate unchanged at its latest meeting.

The Fed remained accommodative of monetary policy stance. However, it signalled the start of a reduction in balance sheet ‘relatively soon’ ((most likely in September). The movement of US dollar, precious metals and global indices will be keenly watched after the release.

>>> Nifty Weekly Chart - Posted Earlier Weekly Review <<<

>>> Click the chart to see on full screen <<<

On 31st July,2017 Weekly REview - Have Posted - Price may correct any time. See what happened.

>>> Nifty Weekly Chart - Fall may continue <<<

>>> Click the chart to see on full screen <<<

As expected - Price started falling. Expect more such correction also.

>>> Nifty Daily Chart - Posted on 11th Aug, 2017 <<<

>>> Click the chart to see on full screen <<<

Mentioned on Friday Post, Price may take support near 9680 or 9710.

>>> Nifty Daily Chart - Up move Possible <<<

>>> Click the chart to see on full screen <<<

Price made a Bullish candle near the channel support. 9710 or 9680 must hold.

>>> Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<

Price completed Wave c or iii. If this is not wrong - Expect some relief rally.

>>> Bank Nifty Weekly Chart - Posted on 31st July, 2017 Weekly Review <<<

>>> Click the chart to see on full screen <<<

Posted on 31st, July 2017 - Channel may Resist for a Possible Correction.

>>> Bank Nifty Weekly - Happened - Selling May Continue <<<

>>> Click the chart to see on full screen <<<

As expected Price started correcting.

>>> Bank Nifty Daily Chart <<<

>>> Click the chart to see on full screen <<<

Channel Support @ 23820-30 if Holds - Expect recovery.

>>> Bank Nifty Hourly Chart - Posted on 03rd Aug, 2017 <<<

>>> Click the chart to see on full screen <<<

Posted on 03rd Aug, Fall can be till 24070. See what happened.

>>> Bank Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<

23820-30 Support.

>>> CNX-PHARMA - Posted on 31st July - Weekly Review <<<

>>> Click the chart to see on full screen <<<

Wrote as below 9450 - more fall.

>>> CNX-PHARMA - On Support <<<

>>> Click the chart to see on full screen <<<

Expect a Bounce Back Rally - If price hold the support line.

>>> Performance till 11th Aug, 2017 <<<

>>> Click the chart to see on full screen <<<

Above performance is not a Promise or guarantee for the given Profits or Loss.Performance given based on 1 lot at a time and clients Profit differ as per the margin availability and Number of Lots taken by them. We may or may not re-enter the Calls given here hit Stop Loss, as per market movement. The charts given above are just for educational purpose only and we don't recommend any Entry / Buy or Exit / Sell. Reader must taken their own decision or consult their qualified Analyst before making any decision.

>>> DRREDDY - What's Ahead <<<

>>> Click the chart to see on full screen <<<

Price if manage to hold with in 1-5 counts - Might be a Turn around story for the stocks. Lets wait and see for next week. Cheers!!!

>>> WhatsApp & N4A <<<

Thursday, August 10, 2017

Next Support @ 9710 or 9680

Dear All,

>>> NIFTY - Daily Chart <<<

>>> Click the chart to see on full screen <<<

Above is one more alternative. As per Price may test 9710 or 9680. Cheers!!!

Wednesday, August 09, 2017

Support @ 9890 & 9850

Dear All,

>>> Nifty Hourly Chart - Posted Yesterday <<<

>>> Click the chart to see on full screen <<<

Posted Yesterday - as Possible Head and Shoulder - May fall.

>>> Nifty Hourly Chart - Happened - Profit Booked on Shorts <<<

>>> Click the chart to see on full screen <<<

Booked Profit near 9926. Next Support @ 9890 & 9850.

>>> BankNifty Hourly - Posted Yesterday <<<

>>> Click the chart to see on full screen <<<

Posted Yesterday - about Head and Shoulder - May fall.

>>> BankNifty - Hourly - Happened - Profit Booked on Shorts <<<
>>> Click the chart to see on full screen <<<

Today we booked Shorts near 24400 with 300 Points Profit. Cheers!!!






Tuesday, August 08, 2017

Next Support @ 9950

Dear All,

>>> Nifty Hourly Chart <<<

>>> click the chart to see on full screen <<<

Looks like a Head and Shoulder, If 9950 Breaks

>>>BANKNIFTY - Hourly Chart <<<

>>> click the chart to see on full screen <<<

Head and Shoulder again - If breaks below 24520 may trigger more Fall. We are Holding Shorts. Cheers!!!

Monday, August 07, 2017

Next Support @ 10040 - 10000 - 9980.

Dear All,

>>> Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<

Fail to cross above 10080 may find its support @ 10040 - 10000 - 9980.

>>> MINDTREE - Daily Chart <<<

>>> Click the chart to see on full screen <<<

We are Long. Cheers!!!

Sunday, August 06, 2017

Next Resistance @ 10080 & 10105

Dear All,

>>> Nifty Hourly Chart <<<

>>> click the chart to see on full screen <<<

Next Resistance @ 10080 & 10105.

>>> Bank Nifty Hourly Chart <<<

>>> click the chart to see on full screen <<<

24970 & 25070 act as Resistance. Cheers!!!

Thursday, August 03, 2017

Next Support @ 9985 & 9945

Dear All,

>>> NIFTY Hourly Chart <<<

>>> Click the chart to see on full screen <<<

Price may get support @ 10000 - 9985 - 9945.

>>> BANK NIFTY Hourly Chart <<<

>>> Click the chart to see on full screen <<<

If BN continues to trade below 24650 & 24550 - Many possibilities of testing 24070. Cheers!!!

Wednesday, August 02, 2017

Resistance @ 10115-10130

Dear All,

>>> NIFTY Hourly Chart <<<

>>> Click the chart to see on full screen <<<

Price completed 1-5 and Resisted near 10115. Above 101130 - Price may resume rally.

>>> ASHOKLEYLAND - Is the Rally Over??? <<<

>>> Click the chart to see on full screen <<<

WXY rally almost completed - If so - Price may not cross Resistance 110.90 or 113. So Expect Correction. We are in Short. Cheers!!!


Sunday, July 30, 2017

Weekly Review - 31st July 2017

Dear All,


RBI monetary policy meet:- The biggest determinant of market direction next week will be the Reserve Bank of India's rate-setting meet, which starts on August 1 with results due on August 2 (Wednesday).

Geopolitical tensions:- North Korea on Saturday conducted another successful test of an intercontinental ballistic missile (ICBM) that proved its ability to strike America's mainland, drawing a sharp warning from the US President Donald Trump and a rebuke from China.North Korean leader Kim Jong Un personally supervised the midnight launch of the missile on Friday night and said it was a "stern warning" for the United States that it would not be safe from destruction if it tries to attack, the North's official KCNA news agency was quoted by Reuters in its report.Reacting to it, the United States flew two B-1B bombers over the Korean peninsula in a show of force after recent North Korean missile tests, the US Air Force said in a statement on Sunday. The development will be watched keenly across the globe and is likely to have a bearing on the financial markets, including India.

BoE meet:- The Bank of England will announce its latest policy decision on Thursday (August 3), when it will also release its quarterly Inflation Report. "Most economists expect the Bank to keep rates at their record low to shore up economic growth, though some - notably large Japanese bank Nomura - are calling for a hike," says Reuters in its report.

Global macro cues:- Overseas, China will unveil manufacturing PMI data for July on Sunday, 30 July 2017. Eurozone consumer price index (CPI) data for July will be unveiled on Monday, 31 July 2017. US Non-farm Payrolls data for May will be unveiled on Friday, 4 August 2017 and US Unemployment Rate data for July will be unveiled on Friday, 4 August 2017.


>>> Nifty Weekly Chart <<<

>>> Click the chart to see on full screen <<<

In Long Run - Above 10000 - Nifty may test 11400 - Provided certain conditions acceptable with Bulls.

>>> Nifty Weekly Chart <<<

>>> Click the chart to see on full screen <<<

So far ABC wave completed - Looks Like a Correction in needy for the time being.

>>> Nifty Daily Chart <<<

>>> Click the chart to see on full screen <<<

Price completed 1-5.

>>> BANKNIFTY - Weekly Chart <<<

>>> Click the chart to see on full screen <<<

Its an ABC Wave again - Price need to trade above the channel for more rally.

>>> BANKNIFTY - Daily Chart <<<

>>> Click the chart to see on full screen <<<

RBI Even on Aug 02nd - Holds the Key for BN direction.

>>> CNXIT - Hourly Chart - Key Resistance @ 10720 <<<

>>> Click the chart to see on full screen <<<

Watch Key Resistance @ 10720 for a Correction for next 400 Points.

>>> CNXPHARMA - Daily Chart <<<

>>> Click the chart to see on full screen <<<

Looks like a fast break out, Resisted @ 10265 and started falling. Support 9645 & 9450 if breaks - More correction likely. Caution on all Pharma Stocks.

>>> Performance for the month end of July 2017 <<<

>>> Click the image to see on full screen <<<

Above performance is not a Promise or guarantee for the given Profits or Loss.Performance given based on 1 lot at a time and clients Profit differ as per the margin availability and Number of Lots taken by them. We may or may not re-enter the Calls given here hit Stop Loss, as per market movement. The charts given above are just for educational purpose only and we don't recommend any Entry / Buy or Exit / Sell. Reader must taken their own decision or consult their qualified Analyst before making any decision






Thursday, July 27, 2017

Support @ 10010 - 9976 - 9940

Dear All,

>>> Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<

Price corrected sharply from 10114.8 High to 10005 on the Expiry day. Next Support @ 10010-9976-9940. Resistance @ 10100 & 10145 on the Upper side.

>>> BHARTIARTL - CAUTION <<<


>>> Click the chart to see on full screen <<<

Bharti Airtel Looks More Bearish on chart. We have shorted and Booked Profit today with Rs.24000/-.We may or may not Re-Enter as per Market Movement. Cheers!!!

Wednesday, July 26, 2017

Resistance @ 10025 - 10045 - 10070 - 10100 - 10145

Dear All,

>>> Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<

Price may face resistance @ 10025 - 10045 - 10070 - 10100 & 10145.

Tuesday, July 25, 2017

Resistance 9980-10010-10040

Dear All,

>>> Nifty Daily Chart <<<
>>> Click the chart to see on full screen <<<

9980 - 10010 - 10040 - Resistance must cross. Support 9950 & 9920 must Hold. Cheers!!!


Sunday, July 23, 2017

Weekly Review - 24th July, 2017

Dear All,


FOMC's rate-setting meeting:- Come Tuesday, and all eyes will be on the Federal Open Markets Committee’s two-day monetary policy meeting. The decision on whether rates will rise or stand still will be known on Wednesday (July 26).

According to a Forbes report, the likelihood of an interest rate hike is pretty remote, based on the CME Fed Funds futures. “But what investors might want to take note of is what language the Fed uses when it explains the decision on interest rates. Typically, even one word change can signal a sea change in Fed outlook.”

Many Fed analysts say they expect the FOMC to take a more hawkish view on raising interest rates, considering what Fed speakers have said in recent trips to the dais and Chairwoman Janet Yellen’s recent testimony. But nothing is done until it’s done, the report says further.

F&O expiry:- The market may remain volatile as traders will roll over futures & options (F&O) positions from the near month July series to August series. The July series derivatives contracts expire on Thursday.

Global cues:- On the global front, Japan Manufacturing PMI data for July 2017 will be released on Monday, July 24, 2017; US Manufacturing PMI data for July will be out on Monday, July 24, 2017, when the minutes of last week’s Bank of Japan monetary policy meeting will also be released.

This apart, UK's GDP figures for the second quarter will be unveiled on Wednesday, i.e. July 26. The economic growth expected to be 1.8% YoY and 0.4% QoQ, with the latter seeing an improvement over the 0.2% of Q1. On Friday, the US is scheduled to release its GDP numbers for Q2. Going by the forecast, the growth is expected to be 1.7 per cent QoQ from 1.4 per cent.

>>> Nifty Daily Chart - Posted Last Weekly Review <<<

>>> Click the chart to see on full screen <<<

Posted on Last Weekly Review - Price may Resist @ 9920 or 9950.

>>> Nifty Daily Chart - Still Resisting Bulls @ 9930 <<<

>>> Click the chart to see on full screen <<<

Can't Cross above 9930 for the entire week.

>>> Nifty Hourly Chart <<<


>>> Click the chart to see on full screen <<<

Price must cross and hold above 9930 for a rally towards 10040-45.

>>> BANKNIFTY - Daily Chart <<<

>>> Click the chart to see on full screen <<<

Key Resistance @ 24300.

>>> BANKNIFTY - Hourly Chart <<<

>>> Click the chart to see on full screen <<<

Two Possibilities may get resisted near 24300-350.

>>> CNXPSUBANK - Daily Chart - Posted - Last Weekly Review <<<

>>> Click the chart to see on full screen <<<

Posted on Last Weekly Review - Price might be forming a Head and Shoulder.

>>> CNXPSUBANK - Daily Chart <<<

>>> Click the chart to see on full screen <<<

3584 High made and Started correcting. If breaks support @ 3484 - then more correction likely. Watch PSU Bank Stocks also.

>>> SBIN - Daily Chart - Correction on Card <<<

>>> Click the chart to see on full screen <<<

Price looking for a correction. If above analysis is not wrong - Price should not cross above 294 & 300.

>>> CNXIT - Hourly - Posted on Last Weekly Review <<<

>>> Click the chart to see on full screen <<<

Posted 10610-630 as Resistance.

>>> CNXIT - Hourly Chart <<<

>>> Click the chart to see on full screen <<<

10790 Next Resistance.

>>> NIFTYMIDCAP50 - Hourly Chart - Posted Last Weekly Review <<<

>>> Click the chart to see on full screen <<<

Posted on Last Weekly Review - Channel top as a Resistance.

>>> NIFTYMIDCAP50 - Hourly Chart - Resisted @ Channel top <<<

>>> Click the chart to see on full screen <<<

Started correcting after testing the channel top. Caution advised.

>>> CNXMETAL- Daily Chart <<<

>>> Click the chart to see on full screen <<<

Previous high 3233 remains as a Resistance.

>>> TATASTEEL - Daily Chart - Holding Short <<<

>>> Click the chart to see on full screen <<<


>>> CNXAUTO - Daily Chart <<<

>>> Click the chart to see on full screen <<<

11056 Above more rally.

>>> Performance till 21st July 2017 <<<

>>> Click the chart to see on full screen <<<

Above performance is not a Promise or guarantee for the given Profits or Loss.Performance given based on 1 lot at a time and clients Profit differ as per the margin availability and Number of Lots taken by them. We may or may not re-enter the Calls given here hit Stop Loss, as per market movement. The charts given above are just for educational purpose only and we don't recommend any Entry / Buy or Exit / Sell. Reader must taken their own decision or consult their qualified Analyst before making any decision

>>> INVESTMENT IDEA - MCDOWELL-N - LONG FROM 2350 <<<

>>> Click the chart to see on full screen <<<

We are Long from 2350 with a Profit of almost 400 Points. On Weekly chart - Good break out Seen. More Rally on Card. Cheers!!!

>>> N4A - Free Updates <<<