GIVEN TODAY STOCK TIPS TO CLIENTS (100% ACCURACY)

GIVEN TODAY BUY & HOLD MAHINDRA CIE @ 82 SMALL QUANTITIES, ADD MORE ON DIPS TRGT 100+ ROCKED HIT 98.15, 20% UPPER CIRCUIT. TATA MOTORS(DVR) FROM 220 TO 233.60(GAIN 4%) ACHIEVED TRGT. DB REALTY FROM 66.10 TO 69.50(GAIN 5.14%) NR OUR TRGT OF 70+. OIL INDIA 485 TO 494. JAI CORP FROM.76.50 TO 78.40(GAIN 2.50%). GIVEN ON 31/03 ADD TO PORTFOLIO, SMALL QUANTITIES SUZLON ENERGY @ 9-10 BUY ON DIPS TRGT 15-18+. ROCKED HIT 15.35(GAIN 70.55%) ACHIEVED 1ST TRGT. GIVEN ON MONDAY BUY AND HOLD JB CHEM @ 139.50 HIT 143.45. PURVA @ 69.75 HIT 72.45 (MONDAY AFTER HITTING 71.20 HIT INTRADAY SL). GALAXXY CONSULTANT.

Offers Available - Galaxxy Consultant

GIVEN CALLS TO CLIENTS UPDATE

GIVEN TODAY BUY JAI CORP @ 67.45 HIT 70.45+. BUY & HOLD SPICE JET @ 13.40 HIT 14.05 UPP 4.50%.

GIVEN YESTERDAY BUY CASTROL @ 287 HIT 298.50. NEAR OUR TRGT OF 300+.

GIVEN BUY BEL @ 1072 HIT EXACTLY OUR 2ND TRGT 1145.

GIVEN UNITED SPIRITS @ 2651 MOVING HIT 2679.50. SAFE TRADER BOOK PROFIT OTHER HOLD WID TRAIL SL OF 2634.

GIVEN BUY AND HOLD SINTEX @ 37.95 HIT 43.75 NEAR OUR TRGT OF 44+.

GIVEN YESTERDAY BUY GODREJ PROP @ 186 ACHIEVED 1ST TRGT HIT 198+.

GIVEN BEL @ 1072 HIT 1087, BUY YES BANK @ 372 ACHIEVED ALL TRGT HIT 403, INDUS IND BANK @ 487 ACHIEVED 1ST TRGT HIT 497.80, RELIANCE INFRA @ 418 ACHIEVED 1ST TRGT HIT 429.

PRE MARKET CALLS TO CLIENTS

PRE MARKET CALLS TO CLIENTS BUY UNITED SPIRITS @ 2651 TRGT 2700+. BUY PATEL ENGINEERING @ 60.50-61 TRGT 67+ SL 60. BUY PRAJ IND @ 53 TRGT 58+ SL 51. DENA BANK @ 56 - 57 TRGT 60+ SL 53. BUY 50%QTY CASTROL 287 TRGT 300+. ADD TO PORTFOLIO BUY EVEREST KANTO @ 15.65 TRGT 25+.

GIVEN TO CLIENTS STOCK TIPS

GIVEN TODAY BUY YESBANK ABV 372 ACHIEVED 1ST TRGT HIT 380.80, INDUSIND BANK ABV 487 HIT 493.50, BUY MAZDA @ 136-137 HIT 139

CALLS FOR CURRENT WEEK

CALLS FOR CURRENT WEEK

Buy L&TFH above 73.50 sl 69 target 77-85

Buy VOLTAS above 153 sl 144 target 158-165

Buy BEML above 280 sl 245 target 335-360

Buy SRF above 325 sl 300 target 365-397

Buy MAZDA above 134 sl 124 target 150-160

Buy BFUTILITI for delivery in range of 500-525 sl 420 target 650-750-900-1200

Buy COX AND KINGS above 170 sl 155 target 185-205

BANK NIFTY WEEKLY CHART STUDY

BANK NIFTY WEEKLY STUDY

Last week we clearly mention that bank nifty is in consolidation mode and just it not able to break the range.

For current week also bank nifty having same range, of 11750-12310 till its not closing beyond this range we can see consolidation and up and downs between this range only.

As per chart now rsi able to come out from overbought zone, and able to move below support line also.

As we can see that, if bank nifty able to close below 11700-800 range then it can try to touch the support line, and closing above 12350 can give breakout in bank nifty. So till the time this range is not broken one should not think about positional holding.

NIFTY WEEKLY CHART STUDY

MARKET STILL IN A CONSOLIDATION RANGE – TILL THE TIME WE NOT SEE GOOD CLOSE ABOVE MENTION LEVELS PLEASE DON’T TRY TO HOLD THE POSITIONAL, ONCE WE CONFIRM THE CLOSE EITHER UPSIDE OR DOWN SIDE THEN ONLY WE CAN GO FOR POSITIONAL HOLDING IN INDEX.



Last week we mention nifty range of 6400-6565 and trading done within this range only.

Now with the current chart development we can see that at upper level market is doing a consolidation or we can say it’s taking time to decide its next move.

With the long term trendline we can see that many time market has taken support on trendline, and recently it come down below trendline but yet it not able to break the low below trnedline.

It has also created a “TRIANGLE” pattern on chart.

With the rsi we can see that, it able to come out from overbought zone now, and also below the support line.

So for current week we can say that if market able to close below 6470 level then only we can see some correction in market, but if it able to give green close near to support or close above 6550 level then it will again continue its uptrend.

For current week supports at 6470-6430-6400 if goes below this range then we can see more fall till 6300-6200-6000 also.

For current week resistance is 6525-50 range if close above this levels then it can give up move till 6600-6700-6800

MONNET ISPAT ROCKING

GIVEN TO PAID CLIENTS BUY AND HOLD MONNET ISPAT @ 70 AND MORE ON DIPS TILL 58 FOR TRGT 80-120+, TODAY UP 20% HIT 94+.

GIVEN TO PAID CLIENTS BUY AND HOLD MONNET ISPAT - ROCKING

GIVEN TO PAID CLIENTS BUY AND HOLD MONNET ISPAT @ 70 AND MORE ON DIPS TILL 58 HIT FOR TRGT 80-120+, ACHIEVED 1ST TRGT HIT 81+.

STOCK TIPS BUY CALLS

BUY ELDERPHARMA @ 196 SL 192 TRGT 210-225+. BUY JUBLIENT LIFE ABV 149 SL 145 TRGT 155-158+. GALAXY CONSULTANT

GIVEN CALLS TODAY

GIVEN BUY AARTI IND @ 133 HIT 136. MCX FRM 509 HIT 518+.  
BUY AND HOLD 50% NATCOPHARMA @ 832 TRGT 860-870+. GALAXY CONSULTANT

EVERY FALL IS USED FOR BOUNCE IN A MARKET ???? IS IT RIGH TIME TO BUY OR WE SHOULD WAIT FOR PROPER CORRECTION – NIFTY WEEKLY STUDY

SUSTAINING AT UPPER LEVEL DOESN’T MEAN A BREAKOUT OR FALL, IT CAN ONLY INDICATE THE CONSOLIDATION, SO AFTER THIS GOOD CONSOLIDATION MARKET CAN SHOW ITS REAL COLORS AND THAT CAN BE A GREEN OR RED EITHER, SO DON’T DECIDE BEFOR MARKET DECISION JUST WAIT AND WATCH THE COLOUR GAME FROM MARKET AND THEN PARTICIPATE WITH THE DIRECTION.
WE WISH YOU ALL A COLORFUL HOLI THIS YEAR, BE SAFE AND PLAY WITH SAFE COLOR, EITHER IT’S A HOLI OR MARKET SAFETY OF PLAYER WILL BE CONCERN MUCH MORE.
Last week we mention that nifty need close above 6550 for more up move if not then some correction to expect. Just see it not able to close above 6550 and we seen volatility for entire week.
Last week nifty has made “BEARISH HARRAMI” candle on chart, and it has also made “TWIZER TOP” candles with the same top at 6562-63 range.
In last full week nifty made three tops at same level 6562 level and given a fall from there.
It has also given a “GRAVESTONE DOJI” candlestick pattern day prior to last session.
So we can clearly see that at this upper level market forming some bearish candlestick patterns, but this don’t mean fall till we not see market closing below the support trendline, till that time we can assume it as a consolidation.
Even in last trading session, market taken support on trendline and given a sharp rally, so till its above the trendline we can say 6400-6550 is a range of consolation.
If we look at the rsi we can see that rsi was in overbought zone, but due to recent moves in market it able to come down from oversold zone now, but price is still not below trendline. So this can indicate the divergence in a market.
Overall we can say that nifty is having a range of 6400-6565 now, closing beyond this range can confirm some directional movement in nifty now.
At present if we see monthly chart of nifty we can see that it has given a “ASCENDING TRIANGLE” breakout on chart and it shows that it need this month close above 6450 level, and if it able to move above this month’s high in next month that is the month of april then we can see good moves, as this triangle is having a width of 3800 points so breakout plus confirmation of breakout can lead for big move of almost 3800 points from 6450 level which can give level of 10250 also in period of 2-5 years’ time, also look at the rsi, its having a scope for a good up move, as its has given a “ BULLISH NEGATIVE DIVERGENCE” signal on chart and able to move above resistance level so now if price confirms the same thing then we can see good up moves. so long term traders can look at this development now.
Now fresh longs can be buildup only beyond 6565 closing only, if it fail to cross and close above this level again, then we can see fall from there also, but importantly taking decision near to this level is very crucial.
Upside if able to close above 6565 level then we can see 6650-6800 levels in coming time, if face resistance here then again fall to see till 6400-6450 range, moving below 6400 level on closing basis can give moves till 6300-6200 levels.
So as of now after a sharp bounce from low in last 1 month, now market is in consolidation zone, so till its trading in 6400-6565 range don’t carry position’s now once able to close beyond the level then you can think of positional holding of niftyEVERY FALL IS USED FOR BOUNCE IN A MARKET ???? IS IT RIGH TIME TO BUY OR WE SHOULD WAIT FOR PROPER CORRECTION – NIFTY WEEKLY STUDY

L&T Finance Holdings – Inclusion into Futures and OFS – Something fishy ?

There are some very interesting things which has happened with this stock. No time to write a detailed post but this is how it went for last 3 days.



-> Stock included into FNO on 11 March with effect from 13th March. ( NSE has never done a mid contract inclusion and such a quick effect i suppose )

-> Stock rises up the next day from 81 to 86.

-> The stock traded 3 cr shares yesterday with around 32% delivery marked. Around 1 crore shares delivery.

-> With no dividend or any other corporate action the stock was at a 5% or higher discount to the spot price in futures.

-> Yesterday in the evening company declares an OFS http://www.bseindia.com/corporates/anndet_new.aspx?newsid=07289df6-d6bb-4dd5-9b3b-d1a6550e580f 

with a Floor Price of Rs 70.

-> The Open Interest is around 2.47 cr.



The sequence of events is very fishy.



Why did the stock quote at a 5% discount yesterday. Somebody had knowledge about the OFS and sold a good chunk in futures. Today the discount will reduce and so will the price.



A good 1 cr shares got sold off yesterday and a bigger chunk in Futures. The same will get covered today through the OFS of 5-8 cr shares. Somebody could have made a real chunk of money by knowing the above sequence of events stinks



Would love your comments, I can be entirely wrong here.

OFFER LOWER SUPSCRIPTION CHARGES

GIVEN CALLS PERFORMANCE

GIVEN TODAY BUY IOC @ 267.25 HIT 273.45. MANAPPURAM FIN @ 22.15 HIT 24.05. HOTEL LEELA @ 16.30 HIT ACHIEVED ALL TRGT HIT 17.30. BUY & HOLD MCX @ 522 HIT 540.45. INFOTECH ENT @ 341.50 ACHIEVED TRGT HIT 359. VASCON ENGINEERS ROCKED ACHIEVED TRGT HIT 20.60(UPPER CIRCUIT 20%). DCW @ 10.45 ALMOST ACHIEVED TRGT HIT 11.40. DISHMAN PHARMA @ 95.15 ALMOST OPENDED NEAR TRGT. FIN TECH @ 384.70 HIT ROCKED ACHIEVED TRGT HIT 403.90(UPPER CIRCUIT 5%). BUY AND HOLD SHRIRAM TRANSPORT @ 655 MORE TILL 651 ACHIEVED 1ST TRGT HIT 672. BUY AND HOLD IDEA CELLULAR @ 138 HIT 141. RISK TRADER BUY JINDAL STEEL @ 261 HIT 263.75. EARLIER GIVEN CALL ALSO ROCKING.

BUY AND HOLD IDEA CELLULAR

BUY AND HOLD IDEA CELLULAR @ 138 TRGT 145-155-170. SL INTRADAY 133 POSITIONAL SL 125.

PRE MARKET CALLS

PRE MARKET CALLS GIVEN TO PAID CLIENTS - MARKET TO OPEN FLAT. BUY IOC @ 267.25 TRGT 280+ SL 260. MANAPPURAM FIN @ 22.15 TRGT 27+ SL 21.50. HOTEL LEELA @ 16.30 TRGT 16.80 - 17.20+ SL 16. INFOTECH ENT @ 341.50 TRGT 355+ SL 337. VASCON ENGINEERS @ 18 TRGT 20+ SL 17.50. DCW @ 10.45 TRGT 11.50 SL 10.25. DISHMAN PHARMA @ 95.15 TRGT 100+ SL 93. FINANCIAL TECH @ 384.70 TRGT 400+ SL 379. BUY & HOLD MCX @ 522 TRGT 550 - 600+ SL 510.

GIVEN TO PAID CLIENTS BUY INDUS IND BANK AND INDIA GLYCOL

BUY INDUSIND BANK @ 435-436 TRGT 444-450+ SL 428.

BUY INDIA GLYCOL @ 93 SL 90 TRGT 100-102+.

State wise Lok Sabha election schedule 2014

India will elect a new Lok Sabha on the one month and nine-day period by April 7 to help May 12, and the results will be announced on May 16.

The world's largest democratic exercise will involve a staggering 814 million voters, an increase associated with some 100 million from 2009 and a sharp rise in the 176 million in the first parliamentary polls associated with 1952.

Chief Election Commissioner V S Sampath also announced on Wednesday in which simultaneous assembly elections are going to be held in Sikkim, Odisha and also Andhra Pradesh.

This is the state wise election schedule of 2014 elections.

April 7:
Assam (5), Tripura (1)

April 9:
Arunachal Pradesh (2), Manipur (1), Meghalaya (2), Mizoram (1), Nagaland (1)

April 10:
Bihar (6), Chhattisgarh (1), Haryana (10), Jammu and Kashmir (1), Jharkhand (5), Kerala (20), Madhya Pradesh (9), Maharashtra (10), Odisha (10), Uttar Pradesh (10), Andaman and Nicobar (1), Chandigarh (1), Lakshadweep (1), Delhi (7)

April 12:
Sikkim (1), Tripura (1), Assam (3)

April 17:
Bihar (7), Chhattisgarh (3), Goa (2), Jammu and Kashmir (1), Jharkhand (5), Karnataka (28), Madhya Pradesh (10), Maharashtra (19), Manipur (1), Odisha (11), Rajasthan (20), Uttar Pradesh (11), West Bengal (4)

April 24:
Assam (6), Bihar (7), Chhattisgarh (7), Jammu and Kashmir (1), Jharkhand (4), Madhya Pradesh (10), Maharashtra (19), Rajasthan (5), Tamil Nadu (39), Uttar Pradesh (12), West Bengal (6), Puducherry (1)

April 30:
Andhra Pradesh (17), Bihar (7), Gujarat (26), Jammu and Kashmir (1), Punjab (13), Uttar Pradesh (14), West Bengal (9), Dadra and Nagar Haveli (1), Daman and Diu (1)

May 7:
Andhra Pradesh (25), Bihar (7), Jammu and Kashmir (2), Uttar Pradesh (15), Uttarakhand (5), West Bengal (6), Himachal Pradesh (4)

May 12:
Bihar (6), Uttar Pradesh (18), West Bengal (17)

May 16:
Counting of votes across the country
For more info go this link
Tags-election 2014,exit poll 2014 election.opinion poll 2014 elections,2014 exit polls.2014 opinion poll

STOCK PERFORMANCE LAST 2 DAYS (i.e March 4 and 5)

STOCK PERFORMANCE LAST 2 DAYS (i.e March 4 and 5) GIVEN BUY MERCATOR @ 18.20 HIT 19.95 GAIN 9.16%. HCC @ 13.25 ACHIVED TRGT HIT 15 MAKING NEW HIGH GAIN 13.20%, RADICO KHAITAN @ 153.35 HIT 156.50, NIIT TECH @ 429.30 ACHIEVED TRGT HIT 455+ GAIN 6%, GLOBUS SPIRIT @ 73.40 HIT 81 GAIN 10.35%. ASHOK LEYLAND @ 15.55 ACHIEVED TRGT HIT 16.35 GAIN 5.14%. SKS MICRO @ 189.50 ACHIEVED ALL TRGT HIT 207.30 MAKING NEW HIGH (GAIN 9.40%). PFC @ 164.50 HIT 169.50 ALMOST ACHIEVED 1ST TRGT GAIN 3%. UNITED BANK OF INDIA @ 26.50 HIT 27.45 GAIN 3.58%. TATA CHEMICALS @ 288.50 HIT 301.90 ACHIEVED TRGT GAIN 4.64% . BUY TATA COMMUNICATION @ 287 ACHIEVED 1ST TRGT HIT 293.50 GAIN 2.26%. DELTA CORP @ 101.50 HIT 109+ GAIN 7.30%. ADANI ENTERPRISE @ 267 ACHIEVED 1ST TRGT HIT 275.30 GAIN 3.10%. TITAN BOUGHT IN PART FROM 255 TILL 246 WID STRICT SL 243 TRADING @ 250. ALL GIVEN CALLS TRADING IN PROFIT, EARN HUGE PROFIT WITH MINIMUM MONTHLY SUBSCRIPTION CHARGES OF RS.2000/-, QUARTERLY SUBSCRIPTION CHARGES 5000/-(OFFER VALID), YOU WILL EARN BACK YOUR SUBSCRIPTION FEES IN A ONE DAY PROFIT . CONTACT - 8080525208, EMAIL ID: ragavendrashetty@yahoo.in
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PRE MARKET CALLS PROFIT

PRE MARKET CALLS GIVEN TO SUBSCRIBED CLIENTS BUY ABG SHIPYARD @ 251.75 HIT 268.80 GAIN 6.77%. FIN TECH @ 352.80 HIT 370.45( 5% UPPER CIRCUIT LOCKED). ALSTOM IND @ 348.40 HIT 364.20 GAIN 4.53%. PARSVNATH DEV @ 25.30 HIT 26.35 GAIN 4.15%. UNITED SPIRITS @ 2439.80 HIT 2467 GAIN 1.11%. MCX @ 533.65 HIT 549 GAIN 2.87%. TILAKNAGAR @ 54.95 HIT 56.70 GAIN 3.18%. AFTER OPENING MARKET CALL GIVEN BUY HOEC @ 36.20 HIT 37.30 GAIN 3%( 5% UPPER CIRCUIT LOCKED). RELIANCE CAPITAL ABV 320 HIT 326.50 GAIN 2%. ALL GIVEN CALLS TRADING IN PROFIT, EARN HUGE PROFIT WITH MINIMUM MONTHLY SUBSCRIPTION CHARGES OF RS.2000/-, QUARTERLY SUBSCRIPTION CHARGES 5000/-(OFFER VALID), YOU WILL EARN BACK YOUR SUBSCRIPTION FEES IN A ONE DAY PROFIT . CONTACT - 8080525208, EMAIL ID: ragavendrashetty@yahoo.in.
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BUY RELIANCE CAPITAL GIVEN TO PAID CLIENTS

BUY RELIANCE CAPITAL ABV 320 TRGT 327-335+ SL 314.

PRE MARKET CALLS GIVEN TO SUBSCRIBED CLIENTS

PRE MARKET CALLS GIVEN TO SUBSCRIBED CLIENTS BUY ABG SHIPYARD @ 251.75 TRGT 300+ SL 328. FIN TECH @ 352.80 TRGT 390 SL 352. ALSTOM IND @ 348.40 TRGT 380+ SL 328. PARSVNATH DEV @ 25.30 TRGT 27.50+ SL 24.50. UNITED SPIRITS @ 2439.80 TRGT 2500+ SL 2410. MCX @ 533.65 TRGT 600 SL 520. TILAKNAGAR @ 54.95 TRGT 63+ SL 54.EARN HUGE PROFIT WITH MINIMUM MONTHLY SUBSCRIPTION CHARGES OF RS.2000/-, QUARTERLY SUBSCRIPTION CHARGES 5000/-, YOU WILL EARN BACK YOUR SUBSCRIPTION FEES IN A ONE DAY PROFIT . CONTACT - 8080525208, EMAIL ID: ragavendrashetty@yahoo.in.

MINIMUM PAID SUBSCRIPTION CHARGES

GIVEN BUY MERCATOR @ 18.20 HIT 19.75, HCC @ 13.25 ACHIVED TRGT HIT 14.10, RADICO KHAITAN @ 153.35 HIT 156, NIIT TECH @ 429.30 TRGT 440+ SL 425. ADD TO PORTFOLIO GLOBUS SPIRIT @ 73.40 HIT 81. ASHOK LEYLAND @ 15.55 ACHIEVED TRGT HIT 16.20. EARN HUGE PROFIT WITH MINIMUM MONTHLY SUBSCRIPTION CHARGES OF RS.2000/-, QUARTERLY SUBSCRIPTION CHARGES 5000/-, YOU WILL EARN BACK YOUR SUBSCRIPTION FEES IN A ONE DAY PROFIT . CONTACT - 8080525208, EMAIL ID: ragu4u2gmail.com.
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GIVEN CALL UPDATES

GIVEN YESTERDAY BUY MERCATOR @ 18.20 HIT 19.75, HCC @ 13.25 ACHIVED TRGT HIT 14.10, RADICO KHAITAN @ 153.35 HIT 156, NIIT TECH @ 429.30 TRGT 440+ SL 425. ADD TO PORTFOLIO GLOBUS SPIRIT @ 73.40 HIT 81. ASHOK LEYLAND @ 15.55 ACHIEVED TRGT HIT 16.20.

BUY UNITED BANK OF INDIA

BUY UNITED BANK OF INDIA @ 26.50 TRGT 29 SL 25

BUY SKS MICRO AND PFC

BUY SKS MICRO @ 189.50 TRGT 197+ SL WILL BE UPDATED LATER. BUY PFC @ 164.50 TRGT 170-182+ SL 158.

BUY TATA CHEMICALS

BUY TATA CHEMICALS @ 288.50 TRGT 300+ SL 282. TRAIL SL FOR TITAN REVISED 243, CAN ADD MORE ON 246. GIVEN BUY TATA COMMUNICATION ACHIEVED 1ST TRGT HIT 293.50. DELTA CORP HIT 109+ FROM 101.50.

TATA COMMUNICATION ACHIEVED 1ST TRGT

GIVEN BUY BUY TATA COMMUNICATION @ 287 TRGT 293-297+ SL 284, ACHIEVED 1ST TRGT HIT 293.50.

BUY ADANI ENT

BUY ADANI ENTERPRISE @ 267 TRGT 272 - 278+ SL 265.

BUY TATA COMM

BUY TATA COMMUNICATION @ 287 TRGT 293-297+ SL 284.

BUY TITAN COMPANY

BUY TITAN COMPANY @ 255, ADD TILL 250 STRICT SL 246 TRGT 260-270+.

Free Stock Tips

BUY MERCATOR @ 18.20 TRGT 22+ SL 18, HCC @ 13.25 TRGT 14 SL 12.90, RADICO KHAITAN @ 153.35 TRGT 160 SL 152, NIIT TECH @ 429.30 TRGT 440+ SL 425. ADD TO PORTFOLIO GLOBUS SPIRIT @ 73.40 TRGT 85, LONG-TERM TRGT 100+. ASHOK LEYLAND @ 15.55 TRGT 16+, LONG-TERM 20+. GALAXY CONSULTANT

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RISK TRADER BUY DELTA CORP @ 101.90 SL 98 TRGT 113+ RESISTANT 106. GALAXY CONSULTANT

Market update

The market is extending losses & booking profit following weak global cues due to political uncertainty in Ukraine. Tech Mahindra achieved all target hit 1921. Don't hold fresh positions as of now. Galaxy Consultant

BANK NIFTY WEEKLY STUDY

Last week we mention that, if bank nifty able to move above 10650 then we can see up move and it able to hit our 1st target exactly at 10800 level.
Now as per the current chart we can see that bank nifty is having good resistance at 10800-10825 range, if able to close above this range then we can see up move till 11000 level.

Where it will try to fill up the gap which it has given in last fall.

After filling the gap if it stays positive on chart then next levels are 11150-11250

Downside good support at 10600 level below this if able to close then we can see 10450-10250-10000 levels in coming days.

As per technical chart it has given a “RISING WEDGE” on chart, with the hanging man candle in last session.

So overall conclusion is next week bank nifty is having 10800-825 important range closing beyond this range for any side at least for two trading session will give us direction movement confirmations.

Last week calls performance

SYMPHONY 520 TO 581

DIVIS LAB 1400 TO 1447

HINDPETRO 255 TO 266

CALLS FOR CURRENT WEEK

BUY MOTHERSUMI ABOVE 235 CLOSE SL 215 TARGET 270-325

BUY GULFOIL above 100 sl 95 target 107-118

BUY JUBLIENT LIFE above 126 sl 120 target 135-145

BUY WABAG above 660 close sl 635 target 725-770

BUY TATASPONGE above 445 close sl 400 target 550-650

BUY KOLTE PATIL above 82 sl 76 target 90-110

BUY SELAN above 500 close sl 440 target 600-700

BUY BALPHARMA at 36 sl 25 target 50-70-100

NIFTY WEEKLY CHART STUDY

NIFTY WEEKLY CHART AND TECHNICAL STUDY

Always try to work or take position near to the important support / resistance level will always provide you with low risk and high returns, don’t take un necessary position’s in such market, in stock which are not near to important level, because they will take much more time in deciding the direction and this time taken will hurt your investment for trading decision.

Last week mention that nifty has made some bullish patterns on charts and we mention that 6190 was big resistance if cross that then market will try to fill the gap till 6270 level, just see after crossing 6190 last week it made 6283 which almost near to our level.

Now last week we seen that market able to cross the good resistance level upper side, and given a good bullish candles’s at upper levels. Now at current level there are many important developments happening.

We can see that how market has filled the gap which it has given while coming down.

Now as per rsi there is a sign of “CONVERGENCE” at upper level, but rsi able to touch the resistance line, price yet not moved till resistance range.

As we can see in the chart that, rsi able to cross the 1st resistance and just touch the 2nd one, but nifty yet not able to touch the 1st resistance as per the chart levels.

So at present market we can see is in bullish mode, but don’t make fresh longs at this levels, once nifty able to move above 6300 level on closing basis and if next day able to break the previous day’s high then only take positive at long side for the up move till 6360 and if able to close above 6360 for two session’s then we can see movement till 6425-6485.

If market able to touch the resistance level of 6300 and if it able to give negative or red candle near to this resistance so next day below the low of red candle one can take sell position, and if close negative then one can hold position, with the recent high level as stop loss, if fall continues then down side we can see 6200-6100-5900 levels.

So overall for current week we can say that 6300 level is trend deciding level if close above this for two session then will try to move upside till next resistance level.

Closing red below 6300 or 6250 will give reverse signal from here till next support levels.

S&P ends at record but off day's high on Ukraine worries

All three major indexes closed out the month with strong gains, however. The Dow scored its best monthly percentage gain since January 2013, while the S&P 500 had its best month since October.

The S&P 500 ended at another record close on Friday but well off the day's highs as worries about tensions in Ukraine caused investors to take profits ahead of the weekend. All three major indexes closed out the month with strong gains, however. The Dow scored its best monthly percentage gain since January 2013, while the S&P 500 had its best month since October. Early in the session, the S&P 500 hit an intraday record for a second time this week as consumer confidence and other data bucked the recent trend of weaker economic reports. But indexes turned negative after Ukraine's acting president accused Russia of open aggression and said Moscow was following a similar scenario to the one before it went to war with Georgia in 2008. "There's chatter about Russia's (involvement) in the Ukraine, and that's getting people all jittery," said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles. "It's sell first, and ask questions later on a Friday afternoon. You don't know what's going to happen over the weekend, so people are going to lock in profits." The Nasdaq remained in negative territory for the session, and tech shares including Apple and Salesforce.com Inc were among the biggest drags on the S&P 500. The Dow Jones industrial average rose 49.06 points or 0.3 percent, to 16,321.71, while the S&P 500 gained 5.16 points or 0.28 percent, to 1,859.45, a record close. The S&P 500 hit an intraday record of 1,867.92. The Nasdaq Composite dropped 10.814 points or 0.25 percent, to 4,308.119. For the month, the Dow rose 4 percent, the S&P 500 gained 4.3 percent and the Nasdaq advanced 5 percent. For the week, the Dow was up 1.4 percent, the S&P 500 was up 1.3 percent and the Nasdaq was up 1 percent. Strong gains this week have come from retailers, with the S&P 500 retail index up 4.5 percent for the week following upbeat results from Home Depot and others. Federal Reserve Chair Janet Yellen bolstered the market on Thursday when she said harsh weather seems to be to behind recent US economic softness. Also helping the market was data showing consumer sentiment rose more than expected, while the Chicago Purchasing Managers Index was also ahead of expectations. However, the US government slashed its estimate for fourth-quarter economic growth. Among the day's top percentage gainers, Monster Beverage shares rose 5 percent to USD 74 a day after reporting results. Salesforce.com shares fell 5.8 percent to USD 62.37, a day after it raised its full-year revenue forecast but its profit forecast was largely below estimates. Other business software makers also fell, including Workday, down 4.8 percent at USD 109.92, and Netsuite, down 3.8 percent at USD 115.09. Advancers beat decliners on the NYSE by 1,818 to 1,186 while on the Nasdaq decliners beat advancers by 1,408 to 1,188. About 7.7 billion shares changed hands on U.S. exchanges, above the 7 billion average this month, according to data from BATS Global Markets.

Weekly wrap: Nifty, Sensex rise 2%; global cues to set near term mood

Equity benchmarks gained 2 percent during the week, mainly helped by benign newsflow in global markets even as many experts cautioned that US equities may have peaked out. Brokers say global cues will decide near term trend, and a sell-off in the US could spell bad news for emerging markets including India. US Fed chairperson Janet Yellen said the central bank was likely to keep trimming monthly bond purchases, even as macro data would be watched to check if recent weakness in the economy was temporary. The BSE Sensex ended the week at 21,120.12, up 419.37 points over last Friday, and the Nifty rose 121.50 points to 6,276.95. Capital goods shares were the star performers as investors appear to be anticipating a recovery in the capex cycle. The BSE Capital Goods index rose 5.3 percent, boosted by an 11.4 percent gain in BHEL shares. Third quarter GDP growth of 4.7 percent released post market hours Friday, however, was way short of the 5.2 percent growth that the Finance Minister had predicted for the December and March quarters, in his Interim Budget Speech last week. In key developments during the week, BJP leader Narendra Modi addressed industry captains at the India Economic Convention 2014 in New Delhi, assuring them of simpler laws and speedier decision making . But market experts said a NDA win was largely discounted by the market, though there could be poll-related volatility between now and till the results are out. The BSE Pharma and BSE Auto indices rose 4.5 percent and 3.5 percent respectively. But the surprise gainer was the CNX PSU Bank index, which rose 2.5 percent even as many experts see a crisis looming in the banking sector because of rising bad loans. The BSE Power index fell 1.3 percent, weighed down by a 15 percent decline in NTPC, which was also the worst Nifty loser for the week. The Central Electricity Regulatory Commission’s ruling last weekend is seen denting the company’s earnings prospects. Maruti shares fell 5 percent as the company’s latest clarifications over the transfer of the Gujarat plant to a Suzuki subsidiary spooked investors. Analysts now are worried that the deal will hurt Maruti’s operating margins. Metal share were mixed with Hindalco gaining 8 percent, and Tata Steel falling by a similar margin. Notable Nifty gainers included Dr Reddy’s Laboratories, Bank of Baroda, ONGC Tata Motorts, TCS, Lupin and Bajaj Auto - up 3-6 percent.

Q3 FY14 GDP at 4.7% vs 4.4% Y-o-Y

The Q3 growth is slightly higher by 0.2 percent on a year-on-year basis, but has shown a degrowth quarter-on quarter (4.7 percent versus 4.8).

The gross domestic product (GDP) for Q3 FY14 came in at 4.7 percent, up from its Q3 FY13 growth of 4.4 percent (YoY), but down from it previous quarter growth of 4.8 percent. A CNBC-TV18 poll had expected the growth to be around 4.8 percent. The Central Statistics Office (CSO) had estimated a growth of 4.9 percent. The agricultural sector grew at only 3.6% versus 4.6% quarter-on-quarter. The manufacturing growth saw a negative trend coming in at - 1.9% versus 1% quarter-on-quarter. The mining sector too reflected the slowdown growing by -1.6 percent versus -2 percent (YoY). Electricity, gas and water supply grew at 5 percent versus 7.7 percent Data services, meanwhile grew by 7.6 percent, up 1 percent on a year-on-year basis while trade, hotels, trans growth, that represent the unorganised sector, came in at 4.3 percent versus 5.9 percent (YoY). A GDP growth of 4.9 percent for FY13, as targeted by the CSO, now seems more and more unlikely.

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Nifty ends at 6200 ahead of Feb F&O expiry; Wipro soars 3%.

Shares of Wipro jumped 3 percent, touching 14-year high at Rs 595.15 per share as it bagged a 10-year IT and BPO contract from UK's Carillion. It was the top gainer.

Equity benchmarks gained for the third consecutive session on Tuesday with the support from technology, capital goods and HDFC group stocks. Though it was a volatile session ahead of expiry of February derivative contracts on Wednesday, the 50-share NSE benchmark Nifty closed at 6200-mark, up 14 points. The 30-share BSE Sensex climbed 41.03 points to 20852.47. The consistent upmove in the market was due to the fact that market is expecting a stable government at the Centre post the Lok Sabha elections and therefore, the flows are improving and overall sentiment is also looking up, Dipan Mehta, member, BSE and NSE said. He believes the market is discounting a favourable opinion poll (which came out over a weekend) and is expecting Narendra Modi-led NDA to form the government. Foreign institutional investors bought nearly Rs 3,000 crore worth of shares in the last eight consecutive sessions. Shares of Wipro jumped 3 percent, touching 14-year high at Rs 595.15 per share as it bagged a 10-year IT and BPO contract from UK's Carillion. It was the top gainer. Its rivals TCS and Infosys gained 0.5 percent and 0.8 percent, respectively. State-run capital goods major BHEL was up 2 percent on top of a 4 percent upmove in previous session while its rival Larsen & Toubro rose 0.6 percent. Telecom operator Bharti Airtel rebounded with 1.6 percent gains after falling more than 4 percent in previous two sessions on losing Nigerian court case. Shares of Bajaj Auto, Cipla and Hindalco Industries gained 1-2 percent. However, Tata Steel, Coal India, Tata Power and GAIL were down between 1.5-2 percent. NTPC shares slipped another 1 percent in addition to 11 percent fall in previous session on Central Electricity Regulatory Commission (CERC) final regulations for FY15-19 which provide no respite for it. The norms will fix tariffs for the power sector for the next five years. Sesa Sterlite dropped 2 percent after agencies report suggests that Directorate of Revenue Intelligence has conducted raids in company's office in Goa. ICICI Bank, Reliance Industries, State Bank of India, Dr Reddy’s Labs and Sun Pharma were under pressure with marginal loss.

Godrej Properties – Long term Buy. Bottoming Out

Godrej Properties Technical View:

• The stock has been in a downtrend for the last many months.
• Recently the stock has seen an increase in volumes and a falling wedge pattern being formed.
• A falling wedge pattern indicates a major long term trend change. Sustaining above 170 would be the confirmation of a breakout.
• Accumulate Godrej Properties at 155-160 with a stoploss of 145 and a target price of 200-250 in medium term.

BANK NIFTY WEEKLY STUDY

Now with the current chart we can see that bank nifty able to face resistance at upper level, and given a good fall last session.
Given a bearish gap down pattern on chart, this can indicate that market will still try to move more down side near to the support levels.
As per levels we can see support at 10600-700 range and resistance at 11250 ranges.
If market able to close below 10600 level for 2 trading session the good fall to see, but after taking support, bank nifty able to give green candle on chart then we can even hope for good recovery till resistance levels.
Calls for current weeks
Buy DABUR above 165 sl 159 target 170-175
Buy IPCA lab above 770 sl 750 target 790-815
Buy BHARTI INFRATEL above 176 sl 170 target 182-187
Sell CANBK below 247 sl 260 target 235-220
Sell PFC below 136 sl 150 target 120-100
Sell PNB below 580 sl 625 target 550-510
We can see many heavy weight scripts falling too like LT, RELIANCE, and ALL BANKING STOCK TOO.
Till the time we can see any support in this scripts one should avoid buying in a market. Wishing you Luck.

Top 10 Rules For Successful Trading ...........

Top 10 Rules For Successful Trading ...........

• Rule No.1: Always Use a Trading Plan.
• Rule No.2: Treat Trading Like a Business.
• Rule No.3: Use Technology to Your Advantage.
• Rule No.4: Protect Your Trading Capital.
• Rule No.5: Become a Student of the Markets.
• Rule No.6: Risk Only What You Can Afford to Lose.
• Rule No.7: Develop a Trading Methodology Based on Facts.
• Rule No.8: Always Use a Stop Loss.
• Rule No.9: Know When to Stop Trading.
• Rule No.10: Keep Trading in Perspective.

NIFTY WEEKLY STUDY AHEAD OF FEB. 2014 EXPIRY

Don’t get married with the direction of market, make a friendship with trend, because in marriage you’re not always right and when your are right your decision goes wrong, but in a friendship you always get support from your friend, even if you get into wrong direction friends can show you a right way.

So let the direction of market change itself, you just worry about the finding the trend, because if you able to find a proper trend then you don’t need to worry about direction, it may be up or down, you are with trend always.

Now as per the current chart development we can see there is a development of “RISING WEDGE” on chart, after a development of “BULLISH” candle in last week, nifty given a good bounce with concern pattern, and after that it able to develop some more candlestick patterns at upper level recently.
After a “BULLISH BELT HOLD” candle on Tuesday it has developed “EVENING STAR” candlestick pattern on chart, and same was not able to confirm on next trading session which was leaded by again a “BULLISH BELT HOLD” candle again in last session.
Now just look at the chart, after this fall we already mention that it was a development of “INVERTED FALLING WEDGE” on chart so from bottom we can see bounce. And just see this inverted wedge was completed in three stages on chart, 1^st at 6050, 2^nd at 6106 and now last one just came near resistance of final stage.{6150-6200}
Even if you look at the rsi, it’s also moving in rising channel on chart, which can indicate a strongness in market at this level. And still at this point rsi is trading at middle level, so till the time support in rsi is not broken we can expect a up movement in rsi, as we clearly see that there is a scope for a move.
As per the current pattern chart we can see that now nifty is having a big and final resistance in a range of 6150-6200 {exact level is 6190} {resistance of current rising wedge and already formed “inverted falling wedge which is shown on the chart}.
So if nifty able to pass over this level on closing basis, then it will try to fill up the gap which it has put in last month, so if close above 6200 and if stays positive then will try to fill the gap till 6240-6270 range.
After filling the gap if market stays positive then again we can see more up move till 6350-6370 range.
So overall consideration of study is, after a decent jump from bottom now market again reach to the starting point which is 6150-6200 range we can say, so till the time we not see close above 6200 and one more confirming session above 6200 one can avoid fresh positional long below this level, once it able to confirm this levels then upside we can look for 6350 again.
If any case nifty able to give a negative or red candle near to 6150-6200 range then again we can see a falling movement in nifty, as of now good support at 6100 level so once giving close below 6100 then we can see down side till 6030-5950.
Still we saying that 5950-6450 it’s a range of market and till the time this range is not broken and confirm we can’t see bigger moves in our market, it will be a range bound play till that time, so avoid shorts near to this bottom and long near to resistance. Wishing you all luck.

Market Closing

Nifty closes above 6150; ACC, Ambuja, UltraTech rally 6%

All Stats

DIVIS LAB AND TATA INVESTMENT IN ACTION

GIVEN TODAY BUY DIVIS LAB ABV 1412 HIT 1428.90(NEW 52WEEK HIGH). BUY TATA INVESTMENT @ 418 HIT 434.

BUY DISHTV

BUY DISHTV ABV 49 SL 48 TRGT 52-55

BUY TV TODAY

BUY TVTODAY ABV 123 SL 116 TRGT 129-135 IF CLOSE ABV 130 HOLD FOR TRGT 170+

BUY SINTEX AND INDIAN BANK

BUY SINTEX ABV 34.10 SL 33 TRGT 36-88.

BUY INDIAN BANK ABV 90.50 SL 88 TRGT 103-107.

Stocks In News

Stocks in news on 21st Feb 2014

BUY DIVIS LAB

DIVIS LAB ABV 1412 SL 1380 TRGT 1455-1490

BUY TATA INVESTMENT

BUY TATA INVESTMENT @ 418 TRGT 438 SL 412

All News Breaking

Sensex snaps 4-day gain, Nifty ends below 6100; banks drag
IMF projects 5.4% growth for India in 2014-15
Bharti Airtel loses Nigeria court case, may face $3 billion payout

Rajya Sabha passes Telangana bill amid high drama
AAP files petition in SC challenging President's rule in Delhi
Why Facebook is buying WhatsApp for a whopping $19bn
Shree Renuka Sugars to sell fresh shares to Wilmar for Rs 517 cr
Government releases telecom M&A norms, ups market share limit to 50%
Sebi vs Sahara case: SC asks Subrata Roy to appear in court on Feb 26
Supreme Court Stays Release of Rajiv Gandhi’s Killers
Greece will need third package of international bailout loans worth $55 billion: Report
Eurozone business growth 'eases'
Japan monthly trade gap more than doubles to new record
Ukraine truce collapses
U.S. Stocks Rise on Factory Data Amid Facebook Deal
Jobless Claims in U.S. Fell Last Week as Firings Abated
Nigeria suspends central bank chief
Europe shares trim losses after US PMI data
Weak China data weighs on Asian shares; Nikkei drops 2.2%
US Stocks tick higher in volatile trading; S&P claws near all-time high
Gold weakens as dollar recovers after Fed minutes
Crude, natgas pinned in the red after US stockpile data

INDIAN HOTELS ACHIEVED ALL TRGT

INDIAN HOTELS @ 62.15 ACHIEVED ALL TRGT HIT 52WEEK HIGH 69.70

BUY RCF

BUY RCF ABV 31.50 SL 30 TRGT 33-37

Stock tips on 20/02/2014

BUY THOMAS COOK @ 77.10 TRGT 85+ SL 75, PCJEWELLER @ 94 SL 92 TRGT 100+, TBZ @ 126.20 SL 123 TRGT 133+, PARSVNATH @ 26.35 TRGT SL 25.50 28+, VAKRANGEE @ 89.05 TRGT 96+ SL 87, PRAJIND @ 44.70 TRGT 46.50+ SL 44, BALLARPUR @ 11.80 TRGT 13.50 SL 11.50.
BUY MCX @ 550 TRGT 585+ SL 535.
BUY INDIAN HOTELS @ 62.15 TRGT 65-68 SL 60.