NOTE : BOTH OF OUR PREVIOUS CALLS OF RELIANCE FUTURE AND REC LTD FUTURE HAS ACHIEVED THEIR ALMOST TARGETS AND WE HAVE MADE GOOD PROFIT IN THAT..
WE HAVE BOOKED TOTAL PROFIT OF 42000 IN REC & TOTAL PROFIT OF 55300 IN RELIANCE.
Indian market was trading in sideways movement throughout the day and Nifty future was sustaining above the crucial level of 10930, which was positive that we can takeout from today.Finance Minister today started meeting on improving Real Estate projects and in this meeting Non banking housing finance companies are also included which will act as positive for the sector. Let’s see how this company responds on Friday market.Talking about Index, both bank nifty future and nifty future are expected to trade in sideways to positive movement and still 10930 will act as a crucial support for Nifty future and breakout of 10930 will bring Nifty future down towards 10880-10850 and 11000 will act as immediate resistance for Nifty future and breakout of 11000 levels will bring Nifty future up to 11070. Both MACD and RSI are showing positive signals.Strategy to be followed on Friday market is buying on dips. » Read more
Market was trading in its primary trend that is bullish trend for most of the day with 1038 shares advances, 712 shares decline and 316 shares remain unchanged in today session. Despite positive result of HUL shares were ended in nearly 4% loss because of price were fairly overvalued before result.On Wednesday market will likely to trade in its primary trend and now shares of almost all sectors taking part in the rally which will provide opportunity to earn handsome profit in the market. » Read more
Observing today’s market movement it was bit tricky and sideways and advance decline ratio favoring bears. Nifty spot ended today session with a gain of 1.05 points whereas Nifty future closes today session with a loss of 10.35 points. Yesterday market has given breakout of symmetrical triangle and there is no doubt that overall market trend is bullish but this breakout is pull back breakout where index will retest its breakout level which is 10880 and then restart is bullish movement. » Read more
Indian market trade on positive note today on the back of global news and today Nifty future is close to break its symmetrical triangle breakout level. We can access that breakout is near the corner as Nifty future sustain above the crucial level of 10850 and both daily and weekly chart suggesting breakout. Strategy to be followed on Tuesday is buying on dips as market is in bullish trend and do not trade opposite to the trend as it is highly risky now. trend is your best friend, trade in trend and enjoy profit
BEST STOCK TIPS FOR TOMORROW:10th JUNE(TUESDAY)
BUY SUPREME IND ABOVE 1182 TARGET 1192-1205 WITH SL 1170
BUY GODREJ IND FUT ABOVE 598 TARGET 602-608 WITH SL 592
FOR MORE STOCK TIPS CALL US @7879881122 OR SUBSCRIBE US WWW.MARKETMAGNIFY.COM
The stock which we have recommended on Saturday has been performing so well. credit goes to our researcher who does all the analysis either it is fundamental or technical to make sure all your investment will be directed to right direction. It is just an update we have more for you and there will be a lot coming to your ways you just need to follow us and check our video for more updates. Ind this video we have something for you go and watch it out..
You are most welcome to drop your queries in the comment box.. You can also call us @7879881122.. OR Visit www.marketmagnify.com<
Today market session was important one and also waited by most of the traders. Today Nifty future has traded entire session in bullish trend and ended today session by gaining 65.70 points at 10723.95. Most important thing was closing which Nifty future has given on positive note above the crucial level of 10715. As we have also said this earlier closing above 10715 will be crucial for further bullish movement and on Wednesday market we expect another positive session from the market with lots of opportunities for buy side traders, strategy to be followed on Wednesday is buying on dips. » Read more
Monday market was totally in the line of our expectation and commentary that we have said. Tuesday market outlook is once again expected to be in sideways movement and session to move according to world market and FII and DII activity as on Monday FII were net seller as they sold 1205.12 cr and DII were net buyers of 366.94 cr. » Read more
Trade war concerns, rise in crude oil price and weaker rupee has put breaks on Nifty future, as we have seen nifty future trading in sideways movement form past 1 month and also formed symmetrical triangle on charts.Late Friday we have witness bulls have taken charge helped by Banking and Financial stocks which helped Nifty future to close strongly above 10800 levels.Breakout is near the corner, and breakout will be considered above the level of 10870, strong closing above the level of 10800 shows bulls have upper hand and if market provide any dips then we should use that dips to accumulate stocks and index. Also on daily chart indicators shows market still have potential to break its all time high. » Read more
From past few days we have seen Index trading in a channel pattern and there is opportunity for buyers to but at support of the channel and seller have opportunity to short at resistance of channel pattern.For breakout in buying side Nifty future has to break 10800 levels and in down side support is now at 10675-10655. Market is expected to continue its trade in this channel pattern on Friday market as well, we suggest you to buy around support level and sell around resistance level till breakout of above mentioned levels. » Read more
Today’s market performs according to our expectation and what we had said in our previous commentary. Today market was in bullish trend throughout the day but still advance decline ratio was almost equal which shows half of the stock has not participate in the rally. But the positive from today market is closing level of Nifty and Bank Nifty future which shows bulls have turn around the table. » Read more
Indian market continue to bleed after trade war concerns which causes all indices to trade in red today in which reality sector bleed the most followed by IT sector. Wednesday market is expected to bring some relief for traders and we may see positive movement only if trade war doesn’t get in the way. 10690-10678 is very crucial support for market and we may see nifty future testing 10780-10790 level soon as most of the other indicators showing buy signal. Strategy to followed on Wednesday market is buying on dips and fasten your seat belt if you trade on perfect time because you will get lot of profit buy do not forgot to trade on perfect time. For bank nifty fut 26180-26160 is very crucial support level and we may see bank nifty fut testing 26400-26450 level. » Read more