indiamarketoutlook

indiamarketoutlook

Tata Motors CMP 170.65 Last year in Sept 2017 when the stock was around 415 levels, we had highlighted that charts were indicating difficult times ahead for Tata Motors And - at current levels and on further dips the stock looks good from long term perspective (and I mean really long.... Can be looked for objectives like retirement planning, child...

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Nifty CMP 10430 Chart observation - blue zone of 10420-10550 looks important; likely to act as make or break zone - Nifty broke past the blue zone but is trying to recover - important for Nifty to go past 10600 to reflect strength - termination of rallies in the blue zone will indicate no follow up strength and that recoveries were just dead cat bounce and...

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Wockhardt CMP 515 Looking good at current levels Take care & safe trading...!!!

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Expecting a bounce back... Take care & safe trading

indiamarketoutlook Updated 

Nifty CMP 11589 In the current setup, from short term trade perspective, any dips towards 11522 - 11465 zone needs to be watched carefully. Holding the same will indicate unwillingness of our Market to accept a fall / correction. And probability of Market scaling new highs in coming days will improve. ------------------------------------ Inability to hold...

indiamarketoutlook Updated 

Jet Airways CMP 275 In the current set up stock has the potential to rise up to 360 / 400 levels. Important for the stock not to breach support at 260-266 zone. At current levels the stock provides good risk:reward ratio to go long. Be cautious & exit Below 258 as that will indicate risks of stock going down to even 220-196 levels. Take care & safe...

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MGL CMP 853 We observe a trade pattern here where the stock traded in a channel earlier (highlighted by red colour). And now we see the stock consolidating again in a replica of previous channel. The idea is to look for buying opportunities near channel bottom, thereby reducing our risk and increasing our reward potential. If we look at the chart on a longer...

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Spicejet In the short term the stock has the potential to move towards 95 /102 levels. In medium term there is a risk of stock seeing levels of even 60-65 However In the longer term , if level of 58 is protected, the stock can once again fly higher towards 160 / 220 levels Plan your trade accordingly... Take care & safe trading...!!!

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View mentioned on the chart...

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INFY CMP 1185 Keeping it simple... Levels mentioned in the chart

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TCS CMP 3507 Keeping it simple... Everything mentioned on the chart...

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Nifty CMP 10562 -- Major Resistance at 10707-10736 zone - Support at 10400-10420 levels If support is taken out we could be starring at H&S pattern completion and Nifty could be dragging back to sub 10000 levels over a period of time. A close above 10740 will indicate pattern invalidation For the day 10572-10594 is an important resistance zone Take care &...

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Coal India CMP 302.50 The stock is showing lot of resilience Buying can be considered At CMP and / or on rise above 305 Target 325 / 340 Stop Loss 287 Once the stock goes above 305, Stop Loss can be trailed to 293 on closing basis Hope the levels help in planning your trade Take care safe trading...!!!

indiamarketoutlook Updated 

Important levels have been mentioned in the chart. Important insight in Derivatives Analysis Yesterday's Derivatives Analysis suggest a lot of activity on the Call option side. However activity has happened at higher end i.e most between 10700-11100 Strike Price So Call Option writers have positioned themselves factoring in a rise in Nifty to some extent....

indiamarketoutlook Updated 

Nifty Closing price 10498 Observations - Nifty has seen a sharp sell - off since Budget day Do read our Budget day Post - After a big gap down opening today, the Markets recovered substantially to close well off the lows ---------------- - With RBI Policy tomorrow will there be any positive surprises...??? ---------------- Looking at...

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Bank Nifty Closing Price 25811 In our previous post, we highlighted the importance of 25800 and 25280 levels As can be seen from the chart, Bank Nifty respected both the levels Now we have RBI Policy tomorrow What can we expect... The up side resistance zone is still intact On any rise, if we see price action getting rejected, we could be in for...

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Exide Industries CMP 201 The zone of 196-205 is a crucial zone for Exide Industries.... The chart reflects and highlights the fact that This has been the zone where Major Buy / Sell decisions have been made so far... It acted as a resistance in early 2015 and then again in 2016... The zone has provided support for 4-5 months on a trot in late 2017... Can it...

indiamarketoutlook Updated 

Bank Nifty Closing Price 26098 Levels mentioned in the chart Resistance 26288-26450 zone Support 25800 Below 25800, doors will open for Bank Nifty to fall up to 25280 levels ... Take care & Plan your trade accordingly...!!!