Nifty Technical Analysis Nov 3 Analysis | Nifty Trading Strategy

Nifty Technical Analysis

Nifty CMP 24304.35

Week Analysis

Expecting Bullish Above 24503 SL 24080 

Bearish if Nifty Breaks 23893.50 Range on Closing Basis

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Nov 4 Intraday Analysis

Bullish above 24362 SL 24235

Bearish If Breaks Below 24235 SL 24362 & not breaks above 24362

Disclaimer

Posts are for educational purpose. Posts are not a BUY/SELL Recommendations of any Index/Stock. Do your own research before Trading/Investing. Blog will not be responsible for the implications arise from the Articles posted. 

Dear ALL Back to the Blog... Nifty Technical Analysis... Bank Nifty Technical Analysis...GIG...

 Dear ALL

Back to the Blog 

We will Share the Technical Analysis of the NSE Indexes. 

We will Share the informative & useful contents & articles in the Blog related to Stock Market & Other Derivative related articles. 

Nifty Technical Analysis

Bank Nifty Technical Analysis

Midcap Select Technical Analysis

Posts are for educational purpose. Posts are not a BUY/SELL Recommendations of any Stock. Do your own research before Investing. Blog will not be responsible for the implications arise from the Articles posted. 

IFCI & TATA GLOBAL - READY FOR BLAST

Dear all

Another StockS which 

TechnicallY waiting for Breakout As Consolidated More more.

As market moved tremendously After May Election victory & Continues Uptrend.

But these Two Did not performed As like BenchMark Index.

We expect both these Could Blast on Upper side in Shortly.  

Minimum 35% to 70% expected on both counters.

IFCI (36) TGT 50 SL 29 ON WEEKLY CLOSING.

TATA GLOBAL (160) TGT 200 ++++++ STOPLOSS 135 ON WEEKLY CLOSING

accumulate at Current Levels for a Potential Upside As mentioned. 

Short term investment.

                          Take a Sure Shot Call with Strict Stoploss & 
                                         Enjoy the Benefit of Good technical.

ZEE ENTERTAINMENT(313) - BROKEN 1 YEAR CHART - BUY

Dear all

Another Stock which 

TechnicallY waiting for Breakout.

ZEE ENTERTAINMENT (313)

Clearly Stock has Broken 1 year Chart range of 250-31O levels on WEEKLY CHART With Decent volumes.

 The stock is in Bullish Uptrend & short time it has broken One year range of 250-310 with decent volumes.  Now it trades above 310 positively & Consolidating , It Could make Better Returns in terms of Technicals.

Accumulate ZEE(313) at Current Levels for a Potential Upside between 25 to 45% as a Short term investment.

Take a Sure Shot Call & Enjoy the Benefit of Good technical. Stoploss should be 288 on Weekly Closing.

AGAIN BACK TO HELP YOU

Dear All

I am Again back to Guide Technicals which may not be pure but based on Purely Experience learned from the Job.

Last Two Midcaps Calls Rocking:

TVS Motor: 

Recommended to Clients on 7 year Breakout time.

Recommended @ 90 levels, Now @ 230. Nearly 150% appreciation.

Gulf Oil:

Recommended to Clients on 3 year Breakout time.

Recommended @ 118 levels, from there it reached 190 levels.

Now @ 160. Nearly 70% upside on Year High.

GULF OIL (118) - 35% To 50% GAIN EXPECTED

CLSA VIEW ON NIFTY(6796), ADVISES BUY NIFTY AT 6480 TGT 7036

CLSA VIEW ON NIFTY, ADVISES BUY NIFTY 6480 TGT 7036 


Laurence Balanco, CLSA says the brokerage continues to expect a period of weakness in the coming sessions. “However, the markets have confirmed the recent highs, which suggests that a pullback should be short-lived and followed by new highs,” he adds. 

 According to him, a pullback to the 6,480 area should be seen as a buying opportunity in anticipation of a move up the 7,036 area.

Franklin Templeton survey Meanwhile, Jitendra Sriram, HSBC says the market is up 7 percent year-to-date on hopes of a favourable election outcome and domestic cyclicals are rebounding markedly. He further says the brokerage believes a sharp recovery is unlikely. 

“However, domestic cyclicals, including energy, utilities and industrials could see rotation benefits,” he adds. Jitendra Sriram says the brokerage house is underweight on India within Asia. 

According to him, the Sensex target of 21,750 for CY14-end implies 4 percent downside from current levels.

Read more at: http://www.moneycontrol.com/news/fii-view/advise-buy-if-nifty-drops-to-6480-target-at-rs-7036-clsa_1067779.html?utm_source=ref_article

Src: Moneycontrol

Read more at: http://www.moneycontrol.com/news/fii-view/advise-buy-if-nifty-drops-to-6480-target-at-rs-7036-clsa_1067779.html?utm_source=ref_article

Advise buy if Nifty drops to 6480; target at 7036: CLSA

Read more at: http://www.moneycontrol.com/news/fii-view/advise-buy-if-nifty-drops-to-6480-target-at-rs-7036-clsa_1067779.html?utm_source=ref_article

GULF OIL (118) - 35% To 50% GAIN EXPECTED

Dear all

Lets Discuss Another Stock which Technically Breaks.

Gulf Oil Corporation(118)

Clearly Stock has Broken 3 year Chart range of 55-106 levels on Last week With Decent volumes.

Whenever A stock breaks 3 year range & If it trades Psychological or round Figure Like 100's,  It Could make Better Returns in terms of Technicals.

Accumulate GULF OIL(118) at Current Levels for a Potential Upside between 35% to 50% as a Short term investment.

Take a Sure Shot Call & Enjoy the Benefit of Good technical. Stoploss should be 106 on Weekly Closing.

 

SBI(1994) BOOK PROFIT PARTIALLY

Dear All

Our calls performance

SBI returned 35% Gain from Our recommended price of Rs 1501. Made High of 2030 level.

Refer Post:    SBI TECHNICALS - REVERSING OR NOT

 

TVS returned 16% Gain from the Breakout levels we recommended. High 101.50.

Refer Post:   Will TVS Motor Break 7 year Chart Level

 

Book Profit SBI Partially

Now we suggests Book partial Profits in SBI as Stock may find Strong resistances at 2052-2071 levels. Chart also suggests Overbought in Daily Charts & Previous support may act as Strong resistance.

 

 

 

SBI TECHNICALS - REVERSING OR NOT

Dear All,

STATE BANK OF INDIA (Price: 1501)- 18th Feb 2014

In Last 9 Months SBIN made lows near 1450 levels Three Times. 

Recovered from the Lows of 1450 levels.

Will it be a Short - Term Bottom In place for SBIN

Wait & Trade

LONG Traders/Risk Takers & Buy SBIN with Strict SL @ 1450 levels 

or Hedge with PUT options

Chart Courtesy: Chartink.com