Equity Market – 26th July 2018

                                               Equity Market –      26^{th   July}  2018

Market Trend	Break out in Nifty to Buy Side………. Closed above 11171  another 200-300 points move non stop.      Market are continue in narrow trading range and  bullish signals  bug some short and due to profit booking closed  at  111132.   Some where smart money are waiting for new high and some where smart money are waiting to sell side at higher level. So major tussel continue and time will tell.  Over all trend is bullish and likely today it will break out in upper side trading range 11100 to 11180.  Short sell should be stock specify, as we are short Hexaware below 500  and covered.
Nifty  Spot	Momentum continue and ready for big move and likely test new high today.  Today consider support 11090-11080, resistance 11180, thereafter big move. Over all trading range 10930 to 11080-1171.  Closed above 11200  major bredak through in nifty towards 12000  mark easily.   Last week Trend High Low Close 52W-High 52-Low Nifty Spot 11030 10926 11010 11171 9685 5 DMA 10 DMA 50 DMA 100 DMA 200 DMA 10978 10968 10756 10589 10507
Nifty Future	Intra day buy o ndecline  at 11100  + stop loss 11050   upper side target 11180-11200, thereafter big up move. Last week Trend High Low Clos Nifty Future 11074 10932 11025
Bank Nifty Future	Trading range 26600  to 27200 watch out. Time to buy above on break out 26200 with stop loss 26000 target 26500 26750,  major support 26600 watch out. Last week Trend High Low Close 52-W High 52-W LOW Bank Nifty Future 27233 26690 26929 5 DMA 10 DMA 20 DMA 50 DMA 100 DMA 200 DMA 26906 26888 26656 26465 25719 25618
FO QUESQ	Highest Put :   11000 Highest call seen at 11200   Pur writing seen-  11050 Call Writing seen at  11200 Long Side:     Havells, Pidlite, Tata elexi, ONGC, UPL, Short side :     TVS Motor, Axis Bank, Tech Mahindra, Yes Bank, HUL   Short Covering  :   Divis Lab, Reliance Long Unwinding   :    OBC  CJ Power.
PSU BANK INDEX	Looks good and holding above 2880    up side continue towards 2900  and above.   Any dip to buy side. SBI, BOB , Can Bank looks good. Concentrate only front line PSU Bank stocks. Last week Trend High Low Close 52W-High 52-W Low - 2840 2737 2802 4335 2645 5 DMA 10 DMA 50 DMA 100 DMA 200 DMA 2772 2790 2874 2881 3252 Basket of PSU Banks :   SBI –BOB-Can Bank- Indian Bank_ Syndicate Bank, Union Bank, Andhra Bank, IDBI, All Bank, Bank of India.
CNX Pharma Index	Over all trend is bullish , however, after sharp rise and made a high near to 9450  sellilng pressure seen but already corrected substantially 500 points from the high so  any dip to buy side.  Above 9100    more up side towards 9200  and above.  Last week Trend High Low Close 52W-High 52-W Low 9132 8725 8895 10130 7900 5 DMA 10 DMA 50 DMA 100 DMA 200 DMA 8848 9047 8797 8757 9077 Basket of Pharma  Stocks  :  PEL, Divis Lab, Auropharma, Cadila, Dr. Readdy, Sun Pharma, Biocon, Lupin Lab.
CNX  IT	Over  all bullish  view and trading above all long term moving average indicate up move continue. Last week Trend High Low Close 52W-High 52-W Low 14771 14420 14701 14771 10388 5 DMA 10 DMA 50 DMA 100 DMA 200 DMA 14611 14500 13903 13465 12542 Basket of IT Stocks  -  TCS-Infosys,Wipro, HCL Tech, Tech Mahindra, Infebeam, OFSS, KPIT  Tata Elexi.
XNX METAL INDEX	As mentioned in this column  after over sold in all metal stocks, strong pull back rally likely and almost move 100  points from a lower level. More upside. Likely. Last week Trend High Low Close 52W-High 52-W Low 3288 3062 3092 4256 3047 5 DMA 10 DMA 50 DMA 100 DMA 200 DMA 3141 3240 3468 3585 3732 Basket of Metal stocks -    Major contricutor – Tata Steel, VEDL, Hindalco, JSW Steel, Coal India, SAIL, Hind. Zinc, NMDC, JSW Steel, NMDC, NALCO.
Results Up ated :	26th July – Yes Bank, Maruti, Dr. Readdy Chola, bioco, bharti Tele, CESC, ITC, petronent, COLPAL, Shriram Transport Finance 27th Uly  ICICI Bak, HCL tech, BOB, Equitus, M&M Finance.
Future Call	Buy  Yes Bank   384 + stop loss 380 target 390.  (Today result day so high volatile, once sustained above 394, real move will start in screen)  Decent support 5-10 DMA which is placed at 380 mark.
Cash Premium	Sell Tata Motor 360  stop loss 263 target 255 250 + (short Rollover seen, however over sold counter.  Trade for intra day only)
Cash Market call	Buy SBI Around on decline 270 + stop loss 267 target 275, thereafter more up side. Over sold counter and short covering likely which life at higher side.
Option Call	Being a expiry, up dated market hrs.
DELIVERY CALL	Buy call initiated VEDL at 200  +   now hold with stop loss 215  . AB Capital  - Any dip to buy side . - Real Wealth Creeator for long term.  Buy and forget. HEG Call -  buy call at 3200  + hold with stop loss 3900.   Long term investors do not sell for target 8000 to 1000   time period 32 to 3 years.  (Stop loss for long  your buying price)
POSITIONAL CALL  (New)	Buy HDFC (August)  on decline at 1990  +  stop lopss 1970 target 2050-2100 (For heding  sell call 2080 call  30. (ZERO LOSS Strategy only gain )
Updated Positional Call	Short Call – Tech Mahindra  hold trailing stop loss  630 (Short call at 640)   - Now today  600 to 605  cover your short postion.  More up datred market hrs. Long Call  - Axis Bank at 540  +  hold stop loss 530 target open.  Stop loss Triggered. Kotak Bank   - Buy Call august  (1300 + ) series matured  now hold with stop loss 1290.