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-MOMENTUM TRADE BUY@620-621 STOP@600 TARGET-1@632 TARGET-2@640 TARGET-3@650 QTY=1400 -POSITIONAL TRADE BUY@620 STOP@595 TARGET@660 QTY=1400

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TATA MOTORS COOKING BIG ON THE UPSIDE MOMENTUM TRADE IN TATA MOTORS BUY@313.75 STOP@306 TARGET-1@320 TARGET-2@327 TARGET-3@335 QTY=5700

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-SWING TRADE IS AVAIABLE IN SBIN -ONE CAN LOOK TO TRADE IN SBIN -INTRADAY TRADES CAN SHORT SBIN BELOW 365 -BUT NEEDS TO CLOSE BELOW 365 IN 30-MIN TIME FRAME -STOPLOSS WE CAN BE DAYS HIGHS @370 -TARGET CAN BE SET BETWEEN 358-355-352 -A DAILY CLOSE BELOW 352 WILL TAKE THE STOCK TOWARDS 325-341 "FOR PREMIUM TRADES IN FUTURES AND OPTIONS INTRADAY" "CHECK...

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"PRICE ACTION" -FRIDAY WAS A VERY GOOD DAY FOR TRADE -MARKET DID BREAK SUPPORT AND TEST LEVELS EXPECTED -BUT THE BOUNCE WAS SHARP FROM THE LOW -AS WE DISCUSSED EARLIER IN MY ARITCLE A CLOSE BELOW 14450 IS IMPORTANT FOR SUSTAINED DOWNSIDE -BUT SINCE FTSE REBALANCING WAS EXPECTED MARKET SAW MORE THAN EXPECTED -NOW IT REMAINS TO BE SEEN WHETHER WE SEE A CLOSE...

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INDEX OBSERVATION -ON DAILY CHART THE STOCK IS FOMRING A DOUBLE TOP FORMATION -CRUCIAL POINT 14450 -NOW THE TRENDLINE IS VALID AND WE HAVE RECEIVED CONFIRMATION -YESTERDAY MARKET EXACTLY CLOSES ON THE TRENDLINE -ALSO TOOK SUPPORT @50 EMA -TWO IMPORTANT TRIGGERS ON THE DOWNSIDE A)NIFTY BREAKS BELOW THE BULLISH CHANNEL ON CLOSING BASES B)AFTER RETEST OF...

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SBIN IS THE STOCK ON RADAR FOR US -HEAD AND SHOULDER PATTERN BREAKOUT -RETEST OF BREAKOUT LEVELS -ONE CAN SHORT BELOW 383 -STOP ABOVE 395 -TARGET SHALL BE 365/360/355

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-Expect positive breakout in ashok leyland due to position momentum -one can enter above previous day high -stop placed below rising 20-ema -short term traders can exit at 137-140 -positional traders can hold for 143-147-150 ASHOK MAR FUTURES TRADE BUY@134 STOP@127.5 TARGET-1@137-143(SHORT-TERM) TARGET-2@147(POSITIONAL) TARGET-3@150(POSITIONAL)

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-as we expected banknifty did give a good fight in the morning on the upside -our resistance level of 36215 remained failed to be broken -though banknifty index out-perform the nifty index -we can see similar action in both the index moving forward -i expect banknifty to show relative strength as compared to nifty -those the fall shall remain slow but immient...

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-nifty index has broken major support levels in short-term time frame -for the immediate future market turns to sell on rally -major support tunrs into major resistances -on the downside i expect market to test 14500-14410-14250 -any profit booking towards levels of 14765-14830 should be used to short -crucial resistance is placed@14875 -crucial support is...

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-nifty index in futures bounced 130 points from its firs-retest of its 20-ema after 14-days -expect index to bounce-back from here -nifty index on friday tested its 200-ema on 30-mins chart and boucned back from those levels -same action took place in banknifty -remember market sentiment is dampening on daily basis and index is absorbing the sentiment -fii...

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-banknifty index bounced back 350 points once it re-tested its 200-ema on hourly chart -right now as you see it entered its trading range of 35550-36540 -expect selling pressure again near the levels of 36215-36540 -bullish view is intact minor correction was needed -first the index must breakout of the trading range to start fresh leg of the rally -if index...

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STOCK BROKES ITS WEEKLY TRENDLINE NEAR 197-198 PREMIUM CLIENTS WERE LONG FROM 197 AND ARE CARRYING POSITIONAL LONGS IN M&M FIN YET WE ARE TO RECEIVE WEEKLY CONFIMRATION ONCE CONFIRMED INITIAL STOP WILL BE RAISE TO 190 TARGETS WILL NOT BE REVISED IT WILL REMAIN SAME SHORT-COVERING ADVANTAGE IF IT CLOSES ABOVE 200 OPEN TRADE IN GIVEN IN M&M FIN FEB FUT...

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-stock recently broke out from its symmetrical triangle pattern -it gave a bullish breakout -what we are seeing now is a double bottom breakout possible -the stock usually sees a double range as target if breakout possible -base low is near 203 -base high is near 219 -double range target is 16*2=32 points -one can enter long near 215-218 -stop below...

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AXIS BANK POSITIONAL TRADE AXIS BANK FEB FUT BUY@705-707 STOP@684 TARGET-1@740 TARGET-2@755 TARGET-3@770 QTY=1200 RISK AVERGE CAN BUY 720 CALL OPTION BUY@25-27 STOP@9 TARGET@40-45 QTY=1200

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-after a good bashing on the downside the stock is taking support on its 200-ema -potential long side is open in indusind bank -buy in the zone of 840-850 -stop is deep placed near 780 -initial short-term target is 880-905 -positional trade on indusind bank is 920-940-960 -the trade as depp stop and the target can be revised on the upside -one can buy...

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-i went against the trend on friday and added axis bank longs near 648-643 -wanted to buy the re-test of breakout zone -good swing trade possible in axis bank -enter axis bank longs near 645-652 -enter a stop below 633 -initial target on the upside is placed near 670 -swing trade target on the upside is placed near 685-693 -note onces axis bank closes above...

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-results are out for reliance -need to see how the market reacts -like discussed before we had executed reliance longs after a close above 2020 -we exited again near 2120 -we have re-entered longs again near 2050 -if market sustains above 2050 and sustains above that we are seeing retest of its inital high of 2120 -enter a long near 2060-2065 -enter a stop...

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-on hourly chart the stock re-tested its 200-ema -we have already enter into the stock on the re-test of trendline near 2355 -consolidated around that area -broke the its bearish trendline and re-tested the breakout zone -started rising again -one can enter long near 2400-2410 -its an example ofa perfect breakout pattern -initial short-term target on hul is...