NSE, FUTURE, OPTIONS, BSE, MCX, CURRENCY
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One Target One SLRecommendations
NIFTY : Nifty closed at 10858.70 up by 129.85 points. It touched high of 10883.05 today. Sensex closed today at 36170.41 up by 453.46 points. Today's rally we have seen as US market closed more than 600 points up in Wednesday session. After this gap up, Nifty also filled the chart gap. Now one has to be very cautious in market, as 10900-11000 range not easy to cross for Nifty. For tomorrow as per chart Nifty resistance at around 10900 level after that 10980 is a big hurdle. Support for Nifty now around 10750 level, below that Nifty may get support around 10710.
BANKNIFTY : Banknifty closed at 26939.60 today up by 481.65 points. More than 2000 points rally we have seen in Banknifty in last one month. Now be cautious to carry long position in Banknifty. Anytime we can see profit booking in market. For tomorrow Banknifty resistance at 27000 and support around 26700 level.
KAJARIA CERAMICS: In last one month we have seen more than 20% upmove in this stock. And today finally we have seen profit booking in this stock. As per chart it looks like that 454-455 is big hurdle for this stock. And in short to medium term we can see 415-418 level in this stock.
NIFTY : Nifty closed at 10728.85 up by 43.25 points. It touched high of 10757.80 today. Although market was in tight range today. Today again IT stocks performed well. Sensex closed today at 35716.95 up by 203.81 points. Right now US market up by more than 400 points and SGX Nifty more than 100 points up. For tomorrow as per chart Nifty resistance at around 10770 level after that 10850 is a big hurdle. Support for Nifty now around 10680 level, below that Nifty may get support around 10590.
BANKNIFTY : Banknifty closed again above 26400 today at 26457.95. Banknifty support now around 25350 , below that support at 26200. Resistance now around 26650 to 26700 level.
TITAN : We have seen some good buying in this stock in last 3-4 session. GOLD prices also up today in international market. In last few months we have seen good consolidation in this stock in the range of 750 to 900. This stock may be good pick for short to medium term target 990.
NIFTY : Nifty closed at 10685.60 up by 57 points. It touched high of 10695.15 in last hour of session. Morning opening was flat and we have seen some selling pressure in market and Nifty made low of 10596.25. But after this low we have seen good buying in market. Today IT stocks performed well. Pharma sector was in pressure today after positive opening. Sensex closed today at 35513.14 up by 159.06 points. Nifty Nov Contract closed at 10684.85 after making high of 10695. For tomorrow Nifty Future resistance at around 10720 level after that 10770-10780 is a big hurdle. Support for Nifty Future now around 10650 level, below that Nifty may get support around 10590.
BANKNIFTY : Banknifty closed above 26400 today at 26443.10 up by 77.50 points. It broken today the resistance of last 10 days which was around 26400. If tomorrow market open positive and no bad news from Global market then we can see 26600 to 26700 level in Banknifty. Banknifty Future support now around 26250 , below that support at 26100. Resistance now around 26650 to 26700 level.
CANARA BANK : In last 6-7 session we have seen stock made strong base at 260 to 265 level and today it closed above 266 level. If tomorrow Nifty open positive then we can see 2-3% upside in this stock.
NIFTY : Nifty closed at 10628.60 up by 101.85 points. It touched high of 10637.80 in last hour of session. Morning market open small positive and once Nifty broken the level of 10500. Nifty made low of 10489.75 in morning session. But after this low we have seen step by step upmove in nifty. Sensex closed above 35000 today at 35254.08 up by 373.06 points. Nifty Nov Contract closed at 10639.20 after making high of 10650. In morning session once Nifty Nov Future broken 10500 level but didn't sustained below 10500 and we have seen good recovery in markte. Nifty Dec Contact closed at 10678. For tomorrow Nifty Future support is at around 10600, after that next support at 10550. Nifty Future resistance now at 10670 level now after that resistance for Nifty Future is at 10720 level. We can see some more short covering in market in Nifty Future cross the level of 10670.
BANKNIFTY : Banknifty closed at 26365.60 up by 366.15 points. Banknifty Future Nov contract closed at 26363.75. In morning session it made low 26025.05 and in last hour it touched intraday high 26385.95. Banknifty Future resistance around 26400-26415 level. Once this level crossed and it sustain above this level then we can see big rally in Banknifty upto 26700 level. Strong support for Banknifty Future at 26000 level now. 26240-26260 level may work as support for tomorrow.
TATA GLOBAL: In last few session we have seen that Tata Global getting big support around 210-215 level. It is facing hurdle to close above 220 level. If Nifty cross the level of 10700 in coming days and Tata Global cross 220 level, then we can see target of 234-235 in short term.
NIFTY : Nifty could not hold the level of 10600 in Thursday session and we have seen as Nifty broken the level of 10600 it came down near to 10500 level. After making high of 10646.25, Nifty closed at 10526.75 down by 73.30 points. It touched low of 10512 before marketing closing. Sensex closed below 35000 at 34981.02 down by 218.78 points. Nifty Nov Contract closed at 10524.70 after making high 10647 in morning session. Nifty Future is in discount now of 2 points. Nifty Dec Contact closed at 10562.75. For tomorrow Nifty Future support is at around 10500, after that next support at 10460. Nifty Future resistance now at 10560 level now after that resistance for Nifty Future is at 10590-10600 level.
BANKNIFTY : It was weekly expiry session for Banknifty today. After making high 26323.95, it came down to below 26000 level. After making low of 25947.85, it clsoed at 25999.45. Banknifty Future Nov contract just closed above 26000 mark at 26003.45 after making low of 25956.90. For tomorrow Banknifty Future resistance around 26100 then next resistance at 26250 level. Banknifty Future support at 25900 leve, after that strong support is at around 25750-25780 level..
.AXIS BANK : Axis Bank closed at 614.55 on Thursday. If we check its last week data, then it made high of 629.40 and low of Axis Bank was 608.60. As per chart it looks if stock breaking the level of 612 with volume then we can see level of 606 to 601 in this stock and if stock go beyond level of 620 then stock may jump to 630 level in 1 to 2 session.
NIFTY : Morning Nifty opened at 10670.95 approx.15 point up and after making high 10671.30 it came down to below 10600 also. After some ups and down finally Nifty closed at 10600.06 down by 56.15 points. Yesteday big fall in US market and today selling in IT stock were the main reason that Nifty was in red, else overall market was good. Most of the stock were doing well in intraday session. Nifty Nov Future made high 10684.20 and closed at 10626.90. For tomorrow Nifty Future support is at around 10590, after that next support at 10550. Nifty Future resistance now at 10680 level now after that resistance for Nifty Future is at 10720 level.
BANKNIFTY : Banknifty closed positive today up by 148.70 points at 26262.05. It made high of 26342.05. In moring session we have seen some selling pressure in Banknifty but later SBI, Axis Bank and HDFC bank given support to banknifty. After making low around 26060.55, it moved nicely. For tomorrow Banknifty Future resistance around 26400 then next resistance at 26700 level. For tomorrow, Banknifty Future support at 26140 level..
MAHINDRA AND MAHINDRA : Mahindra and Mahindra given good move from level of 715-720 in last one month and given more than 10% return. After making high around 807 we have seen almost 5% fall in last 2-3 session. Stock having strong support at 740 level, accumulate this stock for short to medium term target 835.
NIFTY : Nifty closed at 10656.20 down by 107.20 points after opening around 10740.10. It made high at opening that is 10740.85 after that could not break that high whole day. Yesterday US market closed more than 300 points down and today Dow Future down more than 150 points at around 2:30 pm. Nifty Future not able to cross its hurdle 10800 and we have see long unwinding in market in number of stocks. For tomorrow Nifty Future support is at around 10600, after that next support at 10560. Nifty Future may face resistance to cross 10750 level now. After that big resistance for Nifty Future is at 10800 level.
BANKNIFTY : Banknifty closed at 26113.35 down by 187.35 points. It made high of 26259.40. Banknifty maintained to stay above 26000 level. For tomorrow Banknifty Future resistance around 26300 then next resistance at 26400 level. Banknifty Future may get support at 25880 level if we see any kind of selling in market. Below 25800, we can see heavy selling in banknifty.
BAJAJ FINANCE : In today's session we have seen that stock was very stable and some short covering we have seen in this stock. It closed today at 2380 approx 0.80% up. Stock having one resistance around 2478. But as per chart it looks that now 2200 is very strong support. If stock come to down to 2330-2340 level then it will be a good buy for short to medium target 2590.
NIFTY : Nifty closed at 10763.40 up by 81.20 points on first day of week. It made high of 10774.70 in last hour session. We have seen some selling pressure in morning session after positive opening and once Nifty was below 10700 level (low 10688.80), but we have seen some recovery in market from lower levels.Nifty closing today above its 200 DMA which is around 10752, but as it was the first day and it cross this level in last hour session, so still we have to check tomorrow session. Nifty Future Nov Contract closed at 10768.15 after making low of 10693.70 in morning session. Lot of short position in market created by retail trader in last one week and due to short covering Nifty moving daily. As per chart, for tomorrow, Nifty Future resistance around 10800 level after that big hurdle at 10870. Support for Nifty Future now around 10700 level, below that next support is 10650..
BANKNIFTY : Comparision to Nifty, Banknifty not moved so well. Banknifty closed at 26300.70, after making low 26204.35 in morning session. We have seen some volatility in mid session cause of RBI meeting and it moved to 26379.10. But not able to sustain at high, and we have seen sell off in Banknifty. For tomorrow support for Banknifty Future around 26150 level followed by 25900. Resistance now around 26380 then next hurdle at around 26700.
JSW STEEL: JSW Steel (Closing price 336.65 in NSE) has not performed in this market rally yet. Stock having strong support at 330 zone. If tomorrow market open positive and able to cross first resistance of 10800 then we can see movement upto 343 in this stock.
CADILA HEALTHCARE : We have seen some fresh buying and short covering in Cadila Healthecare in last hour session. Stock closed above 5, 10 and 20 DMA today. As per chart it looks then it can move to 369-370 level. Stock may hurdle around 375-376 level. Once it will cross 376 then we can see next target 384.
NIFTY : Nifty closed at 10682.20 up by 65.50 points on Friday session. In last few session we have seen that Nifty was facing hurdle to give closing above 10600 level, but it closed finally above 10600. It is a good sign and we can see some more rally in market if it is able to cross next resistance which is around 10700. Nifty 200 DMA around 10760, so we can see some profit booking around these levels. Nifty made low of 10631.15 and moved to 10695.15. Nifty Nov Future contract made high of 10709 and closed at 10690. Level of 10710-10715 is very important for Nifty Future, if tomorrow on Monday, Future sustain above 10710, then we can see more upside upto 10750. As per chart, for tomorrow, Nifty Future resistance around 10710 level after that big hurdle at 10760. Support for Nifty Future now around 10640 level, below that next support is 10590..
BANKNIFTY : In Friday session, Banknifty made high of 26332.75 but some profit booking we have seen and it closed at 26245.55 after making low of 26122.55. For tomorrow support for Banknifty Future around 26150 level followed by 25900. Resistance around 26350 then next hurdle at around 26700.
KOTAK MAHINDRA BANK : Kotak Mahindra Bank closed at 1168.60 after making high of 1173 in intraday session. Stock given closing above its 50 DMA i.e around 1165-1166 level, so tomorrow if we see positive market then stock may try to touch its 200 DMA which is around 1203 level. So one can make long position in Kotak Bank for target price of 1192-1194 level. Strong support for stock is now around 1148 level.
RELIANCE INFRA: In last four session we have seen that stock corrected more than 10%. After making low around 280 level we have seen a sharp rally in this stock. It made high around 365 last week, but heavy sell off we have seen in this stock and it closed below 330 level in Friday session after making low of 324.05. Stock may face resistance to cross its resistance level 338-339. At any point if we see profit booking in market then this stock would be a good short candidate for target price of 314-315.
NIFTY : Nifty was strong today and closed at 10616.70 up by 40.40 points. Nifty moved to 10646.50 and getting pressure to sustain above 10600 and lot of selling pressure in market as 10700 big hurdle for Nifty now. Nifty Novemeber Future made high of 10680 and closed at 10623 level. In morning session it was below 10600 but we have seen good recovery in market. It's Friday tomorrow and if tomorrow Nifty not able to cross 10650 level with volume in morning session then we can see profit booking in market upto 10550 level. For tomorrow, Nifty Future resistance around 10680 level after that big hurdle at 10710-10720. Support for Nifty Future now around 10590 level followed by 10560..
BANKNIFTY : Banknifty was strong today. ICICI Bank, Axis Bank and Kotak Bank maintained the Banknifty rally. Banknifty Future cross today 26000 level and most of the day it was trading above 26000 level. For tomorrow support for Banknifty Future around 26000 followed by 25900. Resistance around 26250 then at 26400.
LUPIN : Yesterday Lupin made low around 830 level and given good bounce from that levels and closed above 850 level. If tomorrow Nifty sustain at positive zone then we can see level of 866 to 873 in this stock.
HAVELLS : Havells moved more than 130 rs from its recent low of 549. Stock having strong resistance around 690 to 710 level. Expecting some profit booking in this stock upto 640-650 level from current levels.
NIFTY : We have seen gap up opening in market, but soon profit booking we have seen from higher level. It is not easy for Nifty to hold 10600 level. Finally Nifty closed at 10563.30 down by 6.20 points. It made high of 10651.60 and low 10532.70 in today's session.. For tomorrow, Nifty Future resistance around 10620 level after that big hurdle at 10710-10720. Support for Nifty Future now around 10550 level followed by 10500.
BANKNIFTY : Banknifty was strong today. It made high of 26045.05 and low 25806.70 and closed finally at 25930.15. For tomorrow support for Banknifty Future around 25800 followed by 25700. Resistance around 26100 then at 26400.
SUNPHARMA : After result we have seen more than 10% fall in this stock. It closed today more than 7% down at 520.10 after making low of 516. If tomorrow, market goes down then we can see 505 to 495 level in this stock.
NIFTY : As US market closed more than 600 points down on Monday and all Asian market opened below 1-2% down, so our Nifty also opened down. Nifty opened at 10451.90 and after making low of 10440.55 we have seen good recovery in market and Nifty closed at 10582.50 up by 100.30 points. Sensex closed at 35144.40 up by 331.50 points. But again Nifty not able to close above 10600 mark. Nifty Future made high 10632 and closed at 10608 after making low of 10460. For tomorrow, Nifty Future resistance same around 10650 level after that big hurdle at 10710-10720. Support for Nifty Future now around 10550 level followed by 10500.
BANKNIFTY : Banknifty Future after making low of 25419.15 in morning session, moved to day high 25855.10 at closing time. We have seen good short covering in Banknifty today and it seems that in coming day it will not be easy to break today's low. For tomorrow support for Banknifty Future around 25700 followed by 25550. Resistance same 25950 then at 26100 as mentioned in previous days post.
BPCL : We have seen crude down again more than 4% in international market and it will be good news for OIL Marketing companies. Tomorrow we can see good buying in oil stock and BPCL may touch 315 level as it will cross its resistance 306.
TATA STEEL: Tata steel announced its quarterly result today and result if good. And in today's session we have seen that Tata steel closed near day high. So tomorrow we can level of 605 to 608 in tatasteel.
NIFTY : Opening was positive today in Indian Market and Nifty opened above 10600. In morning session after making high of 10645.50, again we have seen selling pressure in market, and it is confirmed now that it is not easy for Nifty to sustain above 10600. At last Nifty closed below 10500 level at 10482.20 down by 103 points. Sensex closed at 34812 down by 345.56 points. Nifty Future made high of 10664.60 in morning session and after consolidating at 10580-10600 level, it slipped below 10500 also, and made low of 10490.25. Finally Nifty Future able to close above 10500 level at 10505. As mentioned in previous post that Nifty Future having support at 10560 then next support at 10500. So today Nifty Future able to close above important level of 10500. Tomorrow, it will be good session. We will see fight between bull and bear in market. Nifty Future support now around 10460 / 10400 and resistance now at 10560 / 10620 level.
BANKNIFTY : Banknifty Future broken today support level of last 3-4 session that was around 25720 level. In morning session it made high of 25980 but could not cross the 26000 mark. In last hour of session we have seen low of 25567.55 in Banknifty Future. Now for coming session, Banknifty Future may face resistance around 25750 and now support is at around 25500 level after that next support level around 25350.
Colgate : We have seen high of 1142.75 when Colgate announced its quarterly numbers, after that day we have seen more than 300 points rally in Nifty but stock was not able to break that day high. And today it closed below one of its support level of 1098. If tomorrow market open in negative zone then we can see 1080 to 1075 levels.
HINDALCO : Hindalco today closed at 229.25 down by Rs. 9.55. Hindalco closed today below its 30 DMA, 50 DMA, 150 DMA, 200 DMA, for tomorrow it could be a good candidate to short for target 223-224.
NIFTY : In last session of week Nifty closed down by 13.20 points at 10585.20 and Sensex closed at 35158.55 down by 79.13 points. Nifty Future again moved above 10600 level and made high 10643.95 but again we have seen some profit booking from high level, although Nifty Future able to close able 10600 level. In Friday session, we have seen more than 200 point fall in US Market, so we can see some impact in our market on Monday morning. As per chart Nifty Future resistance around 10650, after that it may face resistance around 10710 level. Nifty Future support now at around 10560, and then next support is at around 10500.
BANKNIFTY : Banknifty closed at 25771 up by 33.50 points. Banknifty Future made high 25880 and able to close to above 25800. As per chart, Banknifty Future support 25720-25740 and next support around 25550-25500. Banknifty Future facing resistance to cross 25900 level. Once we will see volume buying above 25900 level then quickly we can see 26100 to 26200 level on screen.
Asian Paint : We have seen good recovery in this stock in last 10-12 days and stock moved almost 150 points. 1310 to 1330 is a very big hurdle for this stock. As crude prices down in international market, so if stock able to sustain above 1320-1330 level then it could be a good buying for short to medium term..
RBL Bank : After a deep correction from 650 to 440 level. Stock recovered nicely and now closed above 550 level. Stock next resistance level around 570 level and now support around 540 levels. If market open positive then go long for intraday target 562-564 with stop loss of 545-546.
NIFTY : Nifty closed at 10598.40 up by 68.40 points on Muhurat Trading session. It made high of 10616.45. Sensex closed at 35237.68 up by 245.77 points. In Nifty 50 stocks, M&M, Infosys, Hiindustan Petroleum, BPCL were the top gainer. Axis Bank and Zee entertainment were closed in red. We have seen good rally in US market yesterday and it closed above 26000 mark up by more than 500 points. As per chart still Nifty Future resistance around 10650, after that it may face resistance around 10710 level. Nifty Future support now at around 10560, and then next support is at around 10500.
BANKNIFTY : We have not seen much movement in Banknifty comparision to Nifty on Muhurat trading session, after opening above 25800 it closed at 25737.50 up by 139.50 points.. For tomorrow, Banknifty may face resistance around 25900, after that next resistance is at around 26100 level. As per chart, Banknifty Future support 25720-25740 and next support around 25550-25500. If you are an option trader then keep eyes on Banknifty 25700 put, it is getting support around 300-300 levels, if at any point selling presssure come in market then one can buy this put option with stop loss of 300.
Reliance Capital : In last one week, we have seen that Reliance capital not able to sustain at higher levels and selling pressure coming from 260-262 levels. But at the same time stock getting support around 250 levels. if tomorrow market become weak at any point then Reliance capital may be a good short candidate with stop loss of 257 for target price of 241-242.
NIFTY : Nifty opened positive and it touched high of 10600 in intraday session, but in second half we have seen some profit booking. As next 2 days market will closed, only one hour session will be there on the occassion of Diwali, so trader not liked to carry their position. Nifty Future made high 10620 and we have seen low of 10512 from high, more than 100 points fall from high. For tomorrow, Nifty Future resistance around 10595, then next resistance is at around 10630. Nifty Future strong support at 10500 now and after that it can get support around 10460 if by any case Nifty Future breaks level of 10500.
BANKNIFTY : It was the weekly expiry day for Banknifty. Till 1:30 pm Banknifty Future was very stable around 25900, but after few minutes we have seen selling pressure and it made low of 25616.90 and finally closed above 25700. For tomorrow, Banknifty may face resistance around 25900, after that next resistance is at around 26100 level. As per chart, Banknifty Future support 25720-25740 and next support around 25550-25500.
Apollo Tyre : It looks that Apollo Tyre (CMP 212.75) made strong base at 190-210 zone. As crude oil prices also down in international market, so we can see anytime big move in Apollo Tyre upto level of 240 to 250. Small resistance around 222 in chart for Apollo Tyre.
Karnataka Bank: As per daily and weekly chart it looks that karnataka bank (cmp 105.80) is good buy now. Strong support around 98-100 level and in short to medium term we can see level of 115 to 120 in this stock.
NIFTY : It was a very tight range for market today. Nifty opened little bit positive around 5 point up but as other asian market was negative to quickly Nifty came down to day low 10477, but from lower levels we have seen some short covering and finally Nifty closed at 10524 down by 29 points. Sensex closed at 34950 down by 60,.73 points. SBI and Cipla were the active stock for market today. SBI closed at 294.95 (up by more than 3%) after posting quarterly results and Cipla closed at 563.05 (down by more than 7%) after posting its quarterly numbers. Nifty Future able to close above 10500 level today, it made low of 10505 in intraday session and closed finally at 10550.95. It was a very cool session for market, we have not seen volatility like last few trading session. For tomorrow, Nifty Future resistance around 10595, then next resistance is at around 10630. Nifty Future strong support at 10500 now and after that it can get support around 10460 if by any case Nifty Future breaks level of 10500.
BANKNIFTY : Banknifty closed at 25732.20 (up by 30.55 points) after making low of 25534.40. As support was there around 25500 and SBI posted good number, so in last session Banknifty moved and closed near day high of 25788.20. Banknifty Future made low of 25573 and made high of 25873 in intraday session. For tomorrow, Banknifty may face resistance around 25900, after that next resistance is at around 26100 level. As per chart, Banknifty Future support 25720-25740 and next support around 25550-25500.
Bharti Airtel : Bharti Airtel closed today at 303.25 up by more than 1% today. It's chart not that good but it seems it is ready to move to 314-315 levels. Bharti Airtel now having strong support around 290-293 levels. So if market looks good then we can see level of 314-315 soon in this stock.
JSW Steel : We have seen more than 20% correction in JSW Steel in last month. But now stock looks good and again sustaining above its support level of 343. If market good then we can see 366 to 369 level in this stock in coming days.
NIFTY : It was a good session for market and Nifty closed at 10553 up by 172.55 points. In intraday session once it crossed 10600 level but could not sustain at high and we have seen some profit booking in market. Crude prices down in international market and now below 64 dollar and strong rupee were the main trigger for this rally. Nifty Future closed at 10577.05 after making high of 10632, from higher level we have seen some profit booking and Nifty Future came around 10540 but later it closed at 10577. Next week , market will closed 2 days on Wednesday and Thursday on the occassion of Deepawali. Nifty Future may face resistance at 10600 level and immediate support is at around 10500 then at 10450.
BANKNIFTY : Comparision to Nifty, Banknifty not moved that much. Banknifty Future after making high of 25898 come down and closed around 25750. For Monday, Banknifty Future may face resistance around 25900-26000 level and good support now around 25500 to 25350 level.
CIPLA: Cipla looks weak in chart, last week we have seen some recovery but again it down and closed below 610 level. If market not good next week then we can see 590 to 595 level soon. Stong resistance now around 620 level.
NIFTY : Cause of positive global cues Nifty opened positive today in morning session and througout the day Nifty was not able to break morning high of 10441.90. We have seen some profit booking in early session but it was not like last week and again from lows we have seen buying in market. Nifty finally closed at 10380.45 (down by 6.15 points) after making low of 10341.90. Nifty November contract opened at 10440.15 and slipped to 10346. But agian it moved to day high 10447 and finally closed at 10447. As per today's movement in Future it seems tomorrow Nifty Future may face hurdle at 10440-10450 zone and Nifty Future may get support around 10350-10360 level. Next trend will clear when these level would be broken by Nifty Future with volume.
BANKNIFTY : It was the weekly expiry day but we have not seen today much volatility in Banknifty as like previous expiry session. Banknifty Future moved to 25450 and closed above 25384. In intraday session it made low of 25178.95. Now we have to see whether it is able to break resistance of 25500 and sustain above that level of not.For tomorrow Banknifty Future support level aroud 25190 then at 25040.
TVS Motors: TVS Motors announced its sales number today. Company's October sales up by 25% in two-wheeler segment and three wheeler segment sales increased by 56%. We can say this is good sales number. Technically, it seems that stock having resistance around 560-565 level and support around 520 levels. Overall monthly chart is not looks good.
