Saturday, November 28, 2020

NIFTY VIEW AS ON 28 NOV 2020 (Stock Update)



Intraday Resistance/Support Zone is 12950-12970

Intermediate Support Zone is 12450-12635

Long Term Support Zone is 11320-11745


MARKET VIEW 

After a big rally we may expect NIFTY to pause a bit and it has halted its run since 2 days. However i do not recommend to go short but it may test our intermediate zone. For resumption of an uptrend it is important to sustain above our intraday zones. 


STOCK RECOMMENDATION UPDATE TILL NOW 

TATA CONSUMER PRODUCT Buy 502 Closing 538 (+7.17%)

AUROPHARMA Buy 816 Closing 868.55 (+6.44%)

BAJAJ AUTO Buy 3001 Closing 3173.55 (+5.75%) (Exited 60 percent this week)

BIOCON Buy 428 Closing 429.35 (+0.32%)

TORRENT PHARMA Buy 2645 Closing 2615.10 (-1.13%)

HEROMOTO CORP Buy 3076 Closing 3108.85 (+1.07%)

BRITANNIA Buy 3555 Closing 3637.95 (+2.33%)



Caution : The views mentioned above are only my suggestions and do not consider it as a TIP or RECOMMENDATIONS. Before taking any further action on the same please consult your financial advisor and work as per your own risk appetite

Wednesday, November 25, 2020

NIFTY VIEW AS ON 25 NOV 2020 (STOCK UPDATE)



Intraday Resistance Zone is 12970

Intermediate Support Zone is 12375-12560

Long Term Support Zone is 11285-11745

MARKET VIEW

Nifty ended below our intraday support zone after a big fall from high. However there is no reason to go short in a bull trend. If NIFTY looks to break below today's low and sustains then we might see our intermediate support zone come into play.

STOCK UPDATE (ANNOUNCED DURING LIVE MARKET)

We have exited 60 percent of our holdings from BAJA AUTO today at a price of 3127 which was bought at 3001. Profit of 4.20 percent. We keep 40 percent for longer horizon. 

For all other updates stay tuned for our weekly overall portfolio updates. 

Caution : The views mentioned above are only my suggestions and do not consider it as a TIP or RECOMMENDATIONS. Before taking any further action on the same please consult your financial advisor and work as per your own risk appetite

Monday, November 23, 2020

NIFTY VIEW AS ON 23 NOV 2020 (LEVELS WELL RESPECTED)



Intraday Support Zone is 12875

Intermediate Support Zone is 112280-12475

Long Term Support Zone is 11250-11735

MARKET VIEW

Nifty has been in a range formed since past 3 to 4 trading sessions. But we observe that market bounced back from previously mentioned intraday levels. 

STOCK RECOMMENDATION

BRITANNIA looks well poised to shoot up one can look to buy at CMP or at 3578 whichever is lower. Keep EMA 200 as a stop loss and hold positions for longer period. Exit will be announed on EOD basis once triggered.

Caution : The views mentioned above are only my suggestions and do not consider it as a TIP or RECOMMENDATIONS. Before taking any further action on the same please consult your financial advisor and work as per your own risk appetite

Sunday, November 22, 2020

NIFTY VIEW AS ON 22 NOV 2020 (Stock Update)



Intraday Support Zone is 12848-12875

Intermediate Support Zone is 112190-12385

Long Term Support Zone is 11220-11610


STOCK RECOMMENDATION UPDATE TILL NOW 

TATA CONSUMER PRODUCT Buy 502 Closing 519.05 (+3.40%)

AUROPHARMA Buy 816 Closing 833.40 (+2.13%)

BAJAJ AUTO Buy 3001 Closing 3058 (+1.90%)

BIOCON Buy 428 Closing 419.55 (-1.97%)

TORRENT PHARMA Buy 2645 Closing 2609.90 (-1.33%)

HEROMOTO CORP Buy 3076 Closing 2998.65 (-2.51%)


Caution : The views mentioned above are only my suggestions and do not consider it as a TIP or RECOMMENDATIONS. Before taking any further action on the same please consult your financial advisor and work as per your own risk appetite


Thursday, November 19, 2020

NIFTY VIEW AS ON 19 NOV 2020 (INTRADAY BEARISH)



Intraday Resistance Zone is 12848-12875

Intermediate Support Zone is 12190-12385

Long Term Support Zone is 11220-11610

MARKET VIEW

Nifty has shown a bearish move today. If it looks to sustain below today's Low we can see intermediate zone as our next support. Watch out for above levels.

For stock recommended visit my previous posts one time weekly update for existing portfolio shall be posted on weekend. 

In case there are new recommendations and any stop loss or profit booking is done same shall be mentioned on EOD basis regularly.

Caution : The views mentioned above are only my suggestions and do not consider it as a TIP or RECOMMENDATIONS. Before taking any further action on the same please consult your financial advisor and work as per your own risk appetite

Tuesday, November 17, 2020

NIFTY VIEW AS ON 17 NOV 2020



Intraday Support Zone is 12770

Intermediate Support Zone is 12090-12280

Long Term Support Zone is 11185-11610

For stock recommended visit my previous posts one time weekly update for existing portfolio shall be posted on weekend. 

In case there are new recommendations and any stop loss or profit booking is done same shall be mentioned on EOD basis regularly.

Caution : The views mentioned above are only my suggestions and do not consider it as a TIP or RECOMMENDATIONS. Before taking any further action on the same please consult your financial advisor and work as per your own risk appetite

Sunday, November 15, 2020

NIFTY VIEW AS ON 15 NOV 2020 (STOCK UPDATE)



Intraday Support Zone is 12680-12690

Intermediate Support Zone is 112035-12220

Long Term Support Zone is 11170-11480

STOCK UPDATE

BIOCON has given a buy signal at 428 we can keep 200 ema as a stop loss on closing basis and keep it on hold for medium to long term.

TORRENT PHARMA has given a buy signal at 2645 we can keep 200 ema as a stop loss on closing basis and keep it on hold for medium to long term.

HEROMOTO CORP has given a buy signal at 3076 we can keep 200 ema as a stop loss on closing basis and keep it on hold for medium to long term.

STOCK RECOMMENDATION UPDATE TILL NOW 

TATA CONSUMER PRODUCT Buy 502 Closing 516.15 (+2.82%)

AUROPHARMA Buy 816 Closing 852.15 (+4.43%)

BAJAJ AUTO Buy 3001 Closing 3041.90 (+1.36%)

BIOCON Buy 428 Closing 434.35 (+1.48%)

TORRENT PHARMA Buy 2645 Closing 2728.05 (+3.04%)

HEROMOTO CORP Buy 3076 Closing 3115.70 (+1.27%)


Caution : The views mentioned above are only my suggestions and do not consider it as a TIP or RECOMMENDATIONS. Before taking any further action on the same please consult your financial advisor and work as per your own risk appetite

Thursday, November 12, 2020

NIFTY VIEW AS ON 12 NOV 2020 (STOCK UPDATE AND NEW RECO)



Intraday Support Zone is 12625

Intermediate Support Zone is 11970-12100

Long Term Support Zone is 11135-11475

STOCK UPDATE

BAJAJ AUTO has given a buy signal at 3001 we can keep 200 ema as a stop loss on closing basis and keep it on hold for medium to long term.

TATA CONSUMER PRODUCT has given a buy signal at 502 we can keep 200 ema as a stop loss on closing basis and keep it on hold for medium to long term.

AUROBINDO PHARMA has given a buy signal at 816 we can keep 200 ema as a stop loss on closing basis and keep it on hold for medium to long term.


STOCK RECOMMENDATION 

HEROMOTO CORP buy at 3076 and above if it sustains once triggered it will be updated post market closing 

TORRENT PHARMA buy at 2645 and above if it sustains once triggered it will be updated post market closing

BIOCON buy at 428 and above if it sustains once triggered it will be updated post market closing


Caution : The views mentioned above are only my suggestions and do not consider it as a TIP or RECOMMENDATIONS. Before taking any further action on the same please consult your financial advisor and work as per your own risk appetite

Wednesday, November 11, 2020

NIFTY VIEW AS ON 11 NOV 2020 (STOCK UPDATE AND RECO)



Intraday Support Zone is 12570

Intermediate Support Zone is 11920-12035

Long Term Support Zone is 11120-11475

STOCK UPDATE

BAJAJ AUTO has given a buy signal at 3001 we can keep 200 ema as a stop loss on closing basis and keep it on hold for medium to long term.

TATA CONSUMER PRODUCT has given a buy signal at 502 we can keep 200 ema as a stop loss on closing basis and keep it on hold for medium to long term.

STOCK RECOMMENDATION 

HEROMOTO CORP buy at 3076 and above if it sustains once triggered it will be updated post market closing 

AUROPHARMA buy at 816 and above if it sustains once triggered it will be updated post market closing


Caution : The views mentioned above are only my suggestions and do not consider it as a TIP or RECOMMENDATIONS. Before taking any further action on the same please consult your financial advisor and work as per your own risk appetite

Monday, November 9, 2020

NIFTY VIEW AS ON 9 NOV 2020 (STOCK UPDATE)



Intraday Support Zone is 12265

Intermediate Support Zone is 11810-11890

Long Term Support Zone is 11090-11450

STOCK UPDATE  

BAJAJ AUTO has given a buy signal at 3001 we can keep 200 ema as a stop loss on closing basis and keep it on hold for medium to long term.

Caution : The views mentioned above are only my suggestions and do not consider it as a TIP or RECOMMENDATIONS. Before taking any further action on the same please consult your financial advisor and work as per your own risk appetite

Sunday, November 8, 2020

NIFTY VIEW AS ON 8 NOV 2020 (Stock update and new Recommendation)



Intraday Support Zone is 12095

Intermediate Support Zone is 11765-11830

Long Term Support Zone is 11075-11340

STOCK UPDATE  

TATA CONSUMER PRODUCT has given a buy signal at 502 we can keep 200 ema as a stop loss on closing basis and keep it on hold for medium to long term.

STOCK RECOMMENDATION 

BAJAJ AUTO buy at 3001 and above if it sustains once triggered it will be updated post market closing 

MANAPPURAM FIN buy at 170 and above if it sustains once triggered it will be updated post market closing


Caution : The views mentioned above are only my suggestions and do not consider it as a TIP or RECOMMENDATIONS. Before taking any further action on the same please consult your financial advisor and work as per your own risk appetite

Thursday, November 5, 2020

NIFTY VIEW AS ON 5 NOV 2020 (STOCK UPDATE)



Intraday Support Zone is 11955

Intermediate Support Zone is 11730-11785

Long Term Support Zone is 11065-11330

MARKET VIEW : TATA CONSUMER PRODUCT has given a buy signal today at 502 we can keep 200 ema as a stop loss on closing basis and keep it on hold for medium to long term. 

Caution : The views mentioned above are only my suggestions and do not consider it as a TIP or RECOMMENDATIONS. Before taking any further action on the same please consult your financial advisor and work as per your own risk appetite

Tuesday, November 3, 2020

NIFTY VIEW AS ON 3RD NOV 2020 (BREAKOUT?)



Intraday Support Zone is 11735-11760

Intermediate Support Zone is 11690

Long Term Support Zone is 11045-11300

MARKET VIEW : We were of view that Market should correct upto our long term support zone. However we did see a good positive move today. For our bearish setup to be invalidated we will require that NIFTY needs to break above today's HIGH and sustain orelse there is always higher probability that it will correct upto our Long term zone. 

Caution : The views mentioned above are only my suggestions and do not consider it as a TIP or RECOMMENDATIONS. Before taking any further action on the same please consult your financial advisor and work as per your own risk appetite

Monday, November 2, 2020

NIFTY VIEW AS ON 2nd NOV 2020 (Resistance respected)



Resistance Zone is 11660-11750

Long Term Support Zone is 11035-11285

MARKET VIEW : We observed that how well NIFTY has resisted to go up twice today above our intermediate levels but failed to do so. Which means for a short term we are in bearish mode. We expect this bearishness to continue till we make up to the mentioned Long term support as of today. Levels do keep changing everyday. If market stays within range it may hold in a range for a long till our long term support catches up with the price. This is also known as time wise correction.  

STOCK RECOMMENDATION (For short term investments or positional)

TATA CONSUMER PRODUCT

Look to enter if it breaks above 502 and sustain. Please note that this for a positional trade and not swing.

Caution : The views mentioned above are only my suggestions and do not consider it as a TIP or RECOMMENDATIONS. Before taking any further action on the same please consult your financial advisor and work as per your own risk appetite 

NIFTY VIEW AS ON 27 FEB 2021 (PANIC MANIA and PORTFOLIO UPDATE)

Intermediate Resistance Zone is  15115-15130 Breakdown Point is 14467 Long Term Support Zone is  14715-14870 NIFTY VIEW We had recently seen...