Wednesday, December 13, 2017

Our call today

Our call today

Sell Nifty future at 10320 stop loss 1340 target 10290 thereafter free fall towards 10250 1220
acheived

Bank Nifty
Below 25450 bearish and higher side to sell side
almost wipe out 300 points from the higher side

Gujarat Election strategy
Buy 10500 call at 45
Buy 10000 put at 40
total payment 85

closed at 105
our target 300 and above

Option call
Buy 25000 put at 50 sold at 100 120 range

Buy Mahindra and Mahindra finance
in cash market at 453 stop loss 450
target 460

Buy M&M finance in future
at 455 target 465

SBI
Buy in future at opening 316
target 320
achieved

Buy 26000 call
of 21st December at 31 soldat 60
intra day

Sell
Aurbindo Pharma
at 685
stop loss 691
target 670
achieved

UPL
Buy above 730 target 740
acheived

Century Textile
after sharp rise
time to sell below 1400

low was 1317

3mteam research
9630466296-9203901698

Our call today

Our call today

Sell Nifty future at 10320 stop loss 1340 target 10290 thereafter free fall towards 10250 1220
acheived

Bank Nifty
Below 25450 bearish and higher side to sell side
almost wipe out 300 points from the higher side

Gujarat Election strategy
Buy 10500 call at 45
Buy 10000 put at 40
total payment 85

closed at 105
our target 300 and above

Option call
Buy 25000 put at 50 sold at 100 120 range

Buy Mahindra and Mahindra finance
in cash market at 453 stop loss 450
target 460

Buy M&M finance in future
at 455 target 465

SBI
Buy in future at opening 316
target 320
achieved

Buy 26000 call
of 21st December at 31 soldat 60
intra day

Sell
Aurbindo Pharma
at 685
stop loss 691
target 670
achieved

UPL
Buy above 730 target 740
acheived

Century Textile
after sharp rise
time to sell below 1400

low was 1317

3mteam research
9630466296-9203901698

Market is heading for Event

Market is heading for Event
Nifty Range  10033 to 10330
Support – 10208  61.8%  - 10130 (78.6)
(Retracement level of 10490   - 10033)
Next two days side ways
Friday are very crucial….
Nifty Above 10330-10490  -
 non stop  target  11293 
Support 9995  - below 9750  + 
As mentioned yesterday in this column 10330 is a good resistance and fresh up move above, but today since morning sell off and profit booking and wipe out more than 60 points and closed below 10250.   Short term trend is down as we are going event week so high volatility in market and best way to trade with low volume and strict stop loss, however, chances of up side is imminent.  IT and Pharma sector looks good and likely outperform in market.

What to do  on event ahead
Nifty Future
Some more down side  but likely take support and strong bounce back.
Bank Nifty Future
Bearish set up and more down side, buy near to support level and power ful up side likely
M&M Finance
Below 450 selling opportunity 
HDFC Bank
Some more down side  - 1800 call highest accumulation.  
DHFL
Break down monthly support………..free fall.
SBI
Continue in trading range but unable to cross their monthly resistance, however,  almost short covering nearly 24 lacs,  buy on dip with consider decent support 310.
Grasim
Some selling seen but near to support level 1090-1100  do not short sell.,
Upl
Wait for sharp decline  wheres to good opportunity to long side.  
Sun Pharma
Dip to buy side.
Lupin
Strent showing amongst all pharma stocks
Reliance
Near to support level good opportunity to long side.
Tata Steel
Till not cross 715  - sell on rise strategy
Gruh Finance
Ready to fly  - big delivery volume seen in last 10 sessions.
Infoedge
Looks good and buy side
Tuesday, December 12, 2017

market up dated

market up dated

Nifty 

as mentioned earlier 10330 is stiff resistance and another up move above level.......over trend is bullish however some more down side in today and watch out following level which is support area.

10259
10216
10181
10146   61.8 retracement area of rally.....

any where nifty will take support and fresh up move. However, major trigger in market of Gujarat Election and we are expecting positive side and BJP likely come into power.

Bank Nifty

sudden selling seen by smart traders in early trade and  continue
however, 25200
is challenge for bulls and bears........

major support zone 24885   24900 at lower level

following level to be watch out.
50 per cent retracement 25187
61.8 percent retracement 25115

stocks looks good and dip to buy side

Maruti
Arvind Mills
M&M finance
Aurbindo Pharma
Sun Pharma
Lupin
M&M
Tata Motor 
Reliance Ind


Yes bank   it will include in Nifty from 18th December so do not short...


3mteam Research
www.3mteam.in
9630466296-9203900646