Market Trend :
Correction Continue……………Support likely
10700-10800. If break real blood bath in
screen. …………….Bank Nifty Target 24000 +
No Respite - More selling pressure. – No Buy
No Bottom Fishing…. Do not follow
recommendation of TV Channels and Anchor…
Any Pull back to Sell Side – Highest Put 10800-10700 - support
Highest Calls Writing
11100-11200 Resistance.
Market Out Look :
Weakness continue in market and on Monday across the board selling
seen resulted Nifty almost 175 down and
closed below 11000 mark.
Over all bearish trend and remain below 11171-11200 down side open
towards 10800-10750 (200 DMA) thereafter
more weakness. Strategy Sell on rise
only. No buy side.
Nifty Spot :
Bearish trend continue with consider resistance11100, down side
below 10900, more down side towards 10850-10750. Remain short side.
|
Last
week
|
High
|
Low
|
Close
|
52 High
|
52-Low
|
|
Trend
|
11465
|
10866
|
11143
|
11760
|
9775
|
|
5
DMA
|
10
DMA
|
50
DMA
|
100
DMA
|
200
DMA
|
|
11309
|
11377
|
11342
|
11025
|
10750
|
Nifty Future :
Unable to pull back and
selling continue. Resistance nearly 11050=11060, down side open towards
11900 and below.
|
Last
week Trend
|
High
|
Low
|
Clos
|
|
Nifty
Future
|
11490
|
11006
|
11166
|
Bank Nifty Spot :
As mentioned in this column that last support 26000 and
below free fall up to 25000 and on Monday it was closed below 25000 which
indicate more down side in coming days.
As remain below 25300, down side open towards 24700-24500.
Ultimate Target 23600 + in coming days.
|
Last week
|
High
|
Low
|
Close
|
52-W High
|
52-W LOW
|
|
Trend
|
27003
|
25053
|
25597
|
28388
|
23604
|
|
5
DMA
|
10
DMA
|
50
DMA
|
100
DMA
|
200
DMA
|
|
|
26460
|
26807
|
27445
|
26866
|
26107
|
|
Other Indices :
|
Index
|
52-
WH
|
52-HL
|
Closed
|
5
DMA
|
10
DMA
|
50
DMA
|
100
DMA
|
200
DMA
|
|
Dow -30
|
26780
|
22219
|
26743
|
26420
|
26222
|
25670
|
25171
|
25013
|
|
S&P 500
|
2940
|
2488
|
2929
|
2912
|
2902
|
2857
|
2795
|
2750
|
|
Nasdaq
|
8133
|
6343
|
7986
|
7963
|
7969
|
7595
|
7709
|
7433
|
|
India Vix
|
21.035
|
9.43
|
15.350
|
14.142
|
14.45
|
13.12
|
13.12
|
13.95
|
|
BSE
|
38989
|
31081
|
36841
|
37385
|
37661
|
37557
|
36417
|
35232
|
FO QUES :
|
|
NIFTY
|
BANK NIFTY
|
|
Highest Put
|
11000-10800-11200
|
|
|
Highest Calls
|
11500-11200-11600
|
|
|
Put Writing
|
10800-10700
|
|
|
Call Writing
|
11100-11200
|
|
|
Long Side
|
|
|
|
Short Side
|
|
|
|
Short Covering
|
|
|
|
Long Exit
|
|
CNX PSU BANKS :
Big sell off seen which on Friday and looks any rise to
selling opportunity. Consider resistance nearly 2800-2850 remain short side.
|
Last week
|
High
|
Low
|
Close
|
52W-Hig
|
52-W Low
|
|
- Trend
|
3074
|
2659
|
2834
|
4335
|
2645
|
|
5 DMA
|
10 DMA
|
50 DMA
|
100 DMA
|
200 DMA
|
|
2951
|
3020
|
3087
|
2985
|
3153
|
|
Basket of PSU
Banks : SBI
–BOB-Can Bank- Indian Bank_ Syndicate Bank, Union Bank, Andhra Bank, IDBI,
All Bank, Bank of India.
|
||||
CNX IT :
Trading above continue bullish view 16000. But time to book profit and money at home is a best strategy in
market.
|
Last
week
|
High
|
Low
|
Close
|
52W-High
|
52-W Low
|
|
Trend
|
16208
|
15580
|
15834
|
16230
|
10454
|
|
5
DMA
|
10
DMA
|
50
DMA
|
100
DMA
|
200
DMA
|
|
16024
|
16045
|
15735
|
14430
|
13421
|
|
Basket of IT Stocks
- TCS-Infosys,Wipro, HCL Tech, Tech Mahindra, Infebeam,
OFSS, KPIT Tata Elexi.
|
||||
CNX Pharma :
After made a high last week 10740 over all selling pressure
and finally yesterday it was closed below
10000 mark. Over all bearish trend
and more down side. Good opportunity to
sell side like, Sun Pharma, Auro Pharma, Lupin, Wockhard.
|
Last
week Trend
|
High
|
Low
|
Close
|
52W-High
|
52-W Low
|
|
Trend
|
10740
|
9861
|
10252
|
10786
|
7900
|
|
5 DMA
|
10 DMA
|
50 DMA
|
100 DMA
|
200 DMA
|
|
10466
|
10470
|
9664
|
9209
|
9146
|
|
Basket of IT Stocks
- TCS-Infosys,Wipro, HCL Tech, Tech Mahindra, Infebeam, OFSS,
KPIT Tata Elexi.
|
||||
CNX Metal :
Bullish trend against all indices but
sooner or later it will play according to market, if you have any long position
to book profit.
|
Last
week
|
High
|
Low
|
Close
|
52W-High
|
52-W Low
|
|
Trend
|
|
|
|
4256
|
3062
|
|
5
DMA
|
10
DMA
|
50
DMA
|
100
DMA
|
200
DMA
|
|
3686
|
3661
|
3442
|
3496
|
3668
|
|
|
||||
NIFTY SECTOR INDEX :
|
Index
|
52 week range
|
Last Week Range
|
||||||
|
|
High
|
Low
|
High
|
Low
|
Close
|
50
|
100
|
200
|
|
CNX
Midcap 100
|
21840
|
17000
|
|
|
|
|
|
|
|
Nifty
Reality
|
375
|
251
|
|
|
|
|
|
|
|
Nifty.
Pvt. Bank
|
16152
|
13298
|
|
|
|
|
|
|
|
Nifty
FMCG
|
33168
|
24427
|
|
|
|
|
|
|
|
Nifty
Auto
|
12108
|
10530
|
|
|
|
|
|
|
Trading Strategy :
|
Future Market
|
Sell HUL on
rise 1610 stop loss 1621 target 1590
1580 - Ready for big fall in coming
days.
|
|
Cash Premium
|
Sell Tata Motor 244 + stop loss 247
target 240 235
|
|
Cash Market call
|
Sell Century Textile below 869 stop loss 880 target 850 and below.
|
|
Option Call
|
Holding 25500 Put Bank Nifty and 11100 Put of
Nifty….. Hold
|
|
Nifty Future + Bank Nifty
|
Sell on rise strategy……..More up dated market
hrs.
|
|
DELIVERY CALL
|
No call
|
|
POSITIONAL CALL (New)
|
No call
|
|
Updated Positional Call
|
No call
|
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