Showing posts with label  Option Call/Put Tips. Show all posts
Showing posts with label  Option Call/Put Tips. Show all posts
| 0 comments ]
Labels: , , , , , ,


Today Markets opened with a positive gap and stayed at the top as the cues from the global arena was in favour of an up move. Banking space gave support to the markets as the fear of an aggressive monetary tightening eased. Stocks like TCS, Federal Bank, LIC Housing, Tata Communication, Walchandnagar, Divis Lab, HCL Tech etc can attract buying interest. Major focus will be on rate sensitive sector stocks. Nifty is having support at 5,400 and 5,475 while it is targeting towards 5,622.


 

| 0 comments ]
Labels: , , , , , ,


Markets witnessed gap down opening in the wake of weak global cues but recovered some losses during the day to close in red. On the daily chart, the indices have tested 61.8% Fibonacci retracement levels of the previous up move and have formed a narrow body formation. At present the narrow range body formation reflects indecisiveness prevailing at current levels. Hence, if indices trade above 18,335 / 5,500 levels then they are likely to test 18,546 / 5,550. On the downside, 17,953 -17,741 / 5,376- 5,313 are the crucial support levels for the indices. Any breach of 17,741 / 5,313 would intensify the selling pressure.




| 0 comments ]
Labels: , , , , , ,


Top Gainers
Central Bank with +2.35%
Castrol India with +2.19%
Apollo Tyres with +1.84%
Reliance Inds. with +1.83%
Container Corpor with +1.70%

Top Loosers
National Alumini with -77.37%
Bajaj Finserv Ltd. with -6.45%
Areva T&D India with -5.68%
HDIL with -5.51%
Hind. Oil Explor with -5.51%

 

| 0 comments ]
Labels: , , , , , , , ,

Nifty Futures
Buy Nifty Futures around 5,505-5,515
Target 5,545-5,570
Stop Loss below Rs 5,490.


Bank Nifty Futures
Buy Bank Nifty Futures around 10,840-850
Target 10,930-11,000
Stop Loss below Rs 10,780.



| 0 comments ]
Labels: , , , , , , , ,


Today, Nifty formed a bullish candle after four bearish candles and erased fear about further fall in the existing levels. Today indices witnessed volatility with positive bias. Nifty broke the vital resistance level of 5,480 and 5,520 and maintained to close above these levels. Nifty also broke the vital support level of 9 and 14 SMA placed at 5,509, 5,456 and these level will act as a new support level in coming days. Nifty is trading below the 50, 100 and 200 days SMA which are placed at 5,588, 5,801 and 5,670 respectively and these levels will be acting as the resistance in the coming sessions. VIX closed at 23.30% which is a lesser when compared to last trading sessionĂ¢€™s value of 24.33%, thus indicating less volatility in market in the forthcoming sessions. RSI (14) for the day was at 52.35 levels and MACD was above the signal line, thus combined together they are giving the signals that market may witness ranged movement in the coming session.


 

| 0 comments ]
Labels: , , , , , , , ,

Top Gainers
Alstom Projects Ind with +6.94%
P&G Hygiene&Health with +6.66%
MTNL with +6.49%
Reliance Capital with +4.74%
Sintex Industrie with +4.08%


Top Loosers
Zee Entertainment En with -3.09%
Power Finance Co with -3.04%
JSW Steel with -2.93%
Tata Power Co with -2.91%
Rural Electrific with -2.84%



 

| 0 comments ]
Labels: , , , , , , ,


Expected Bullish Stocks:
RCOM, BGR Energy, IOB, Canara Bank, BOI, Bhushan Steel, JSW Steel, Essar Oil, OBC, Reliance, Welspun Corp, Reliance Capital, Unitech, Sun TV, Aurobindo Pharma, CESC, Reliance Infrastructure, Bajaj Auto.
Expected Bearish Stocks:
Glenmark, Tata Steel, State Bank Of India, BPCL, HPCL, IOC, Cipla, Pantaloon, NTPC, Areva T&D, BHEL, L&T, Tata Power, Exide Industries, Sun Pharma, Hindustan zinc, Dabur India, PNB. 



| 0 comments ]
Labels: , , , , , , , ,

Top Gainers
RelianceCommu.Ltd with +9.36%
Bajaj Finserv Ltd. with +6.54%
BGR Energy Systems with +6.36%
Nestle India with +4.07%
Indiabulls Real Esta with +3.99%

Top Loosers
Glenmark Pharma with -3.59%
Engineers India with -2.60%
Cairn India Ltd. with -2.23%
Godrej Consumer Prod with -2.21%
Religare Enterprises with -2.02%

| 0 comments ]
Labels: , , , , , , , ,


RELIANCE CAPITAL
Reliance capital from the last few trading session was moving sideways in last trading session it found resistance of 495 which served as major resistance, from this level further upside of movement would be expected. It is now taking support at 463 and resistance at 495.
R2 - 497.02 , R1- 491.03, PP 483.02, S1- 477.03 , S2- 469.02
SUZLON
Suzlon has shown pull back in the today's session and closed with the strong gains. The stock is looking bullish and above the level of 49 the upside momentum may continue in it.
R2- 49.13, R1- 48.47, PP 47.48, S1- 46.82, S2 - 45.83
TATA MOTORS
Tata motors has closed with the moderate gains in the today's session and near the day's high. The stock is looking strong in the coming trading sessions and above the level of 1167 it may show some more upside trend.
R2 - 1190.58 , R1- 1176.37, PP 1150.68, S1- 1136.47, S2 - 1110.78
RANBAXY
Ranbaxy battered down to 441 which served as a major support level. It is looking strong on charts from this level further upside movement would be expected, above 465 it would be in an upward trend.
R2 - 469.05 , R1- 462.4 , PP 451.3, S1- 444.65, S2 - 433.55
ONGC
ONGC found resistance at 276 and support at 261 from this level it made a smart recovery and made a high of 273, it is now moving in an upward trend. In today's trading session it manages to trade above the 10 days and 50 days moving averages. One can go for long position in it at 276 for the target of 285.
R2 - 278.98 , R1 - 275.62 , PP 269.58 , S1 - 266.22 , S2 - 260.18