Technical pick of the day ...30 March, 2016

Look out for the Technical Pick of the day for both Futures and Cash!!

Fundamentals:-

Coal India EPS 19.03,P/E 15.61,    Industry P/E 11.40,   Price/Book value 11.22,FV 10,

Buy Coal India (FUT or Cash) April..... Around 299-297, Target 310-320+ , Stop Loss 290, (Lot Size 1200)

More will update soon!!

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Idea (FUT)..flared high!! Have a look!!

On 23 March, 2016 we recommended to buy Idea (FUT) around 104-102 with target Lot Size 3000

See what happen to it!!

It made a high of 108.90..

Start Booking part profit above 109 for today..

Still holding for the next target??

More will update soon!!

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Our Technical pick..RPP Infra..proven great!! Have a look!!

On 16 March, 2016 we recommended Positional call on blog to buy RPP infra around 109-107, with SL of 100 and Target was 116+

See what happen to the stock!!

It made a high of 121.55...Start booking profit above 119.40...

Minted money or not??

Still need trial..need not to worry!! Watch more!!

More will update soon.....

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Update on Nifty levels and Equity Pick of the day 30 Mar 2016

Markets opened in a mixed note as Nifty tried to hold 7600 level and showed high range bound volatility by closing at 7597 shedding 18.10 points to the index; down by just 0.24 %. 

Sensex Also showed high volatility and closed at 24900 also shedding 65.94 points to the index i.e a 0.26% decline. Healthcare  and capital goods index stocks  were among the main market draggers. 

We recommended STBT call on Mindtree Ltd (FUT) around 629-631 which proved great . It made a low of 606.90 while we booked profit around 620.

Also recommended STBT call on Sunpharma (FUT) around 810-808. Too slipped and made a Low of 771  before closing at 796 and we booked profit at 800-796.

Pharma stocks... Clearly indicated to sell. All crashed vertically. Hope you all enjoyed a lot.

Still need trial... Need not to worry at all. Watch more.

Now what to do next???

Nifty futures has support at 7600 and resistance at 7680---7740. Fresh selling can initiate only close below 7600 mark else it could test its resistance level of 7680---7740 again. 

Further upside rally will see only close above 7740 level. 7430 act as major support in Nifty future.

Tommorow we have expiry in Nifty. So we expect high volatility in it. Overall trend is positive but trade safely with levels only.

Today's Top Pick 

Asian Paints... Yesterday we have seen rally from lower levels. Still looks positive and could test 870---880 mark. More and more power will see only weekly close above 880 level. Traders can buy and accumulate Asian paints in panic. Support and stop loss intact below 840. 

More levels and updates only to our subscribers.

All above mentioned levels are as per future price script.

More will be update soon only on our Android App!!

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Update on Bullions, Basemetals and Energy...29 March, 2016

Gold

Support at 28220 and Resistance at 28560

Close below 28220 will see further downside panic till 28050---27900. Three consecutive closes + weekly close below 27900 will see free fall in days to come else it could test its resistance level of 28560 again

Close above 28560 will take to 28720---28780 and then to 28900+ mark

Trade with levels only

Silver

  Not able to breach its resistance level of 37000 and slipped again to 36241. 

Now what to expect???

Close below 36450 will take to 36000---35700. More and more downside panic will see only weekly close below 35700 mark else it could test its resistance level of 36700---37000 again

Traders can trade with levels only.. Anything seems will update via SMS

Copper

Support at 328 and Resistance at 334

Close below 328 will take to 321---318 mark else it could test its resistance level of 334 again

 

On rise sell it!! Stop loss above 334 on closing basis

 

 

 

 

Zinc

 

 

 

Told to sell below 118.80 with stop loss of 120.30. It made a low of 117 and now trading around 117.50

 

Now what to do???

 

Close below 117.00 will see more downside panic till 114---112.50 and then to 108.00 mark in days to come

 

Hurdle intact at 119---120.50

 

 

 

Nickel

 

 

 

Support at 570 and Resistance at 590---600

 

Two consecutive closes below 570 will take to 540---525 mark else it could test its resistance level of 590---600 again

 

Traders can trade with levels only

Crude oil

Below 2640... our target was 2580---2550. Just made a low of 2588

 

Now what to expect???

 

Support and target intact 2580---2550. Two consecutive closes below 2550 will see free fall in Crude oil till 2430---2380 and then to 2280 mark in days to come

Else it could test its resistance level of 2640 and then to 2685---2700 mark

Trade with levels only

More will update soon...

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Update on Agri Commodities...29 March, 2016

As expected...Agri commodities on fire, all are moving in North direction..

Soyabean

Our buy call in Soyabean proven great and made a high of 4090. We clearly indicated to buy above 3840 mark

Now what to expect???

Close above 4090 will see further upside rally till 4130---4180 and then to 4250+ mark in days to come

Revise stop loss below 3925 on closing basis

Soyaref

Rally continue... Clearly indicated to buy in panic. Just made a high of 643.50 and now trading at 642

Now what to expect???

Support at 628 and Resistance at 645

  Three consecutive closes + weekly close above 645 will see further upside rally till 660---670+ mark in days to come

Revise stop loss below 628 on closing basis

Rmseed

  Too told to buy Rmseed around 3950 and above 4100. Just made a high of 4205

Now what to expect???

Support at 4080 and Resistance at 4220

Two consecutive closes above 4220 will see further upside rally till 4280---4350+ mark in days to come

Revise stop loss below 4080 

Chana

 We recommended buying in Chana above 4400. Just made a high of 4520

Now what to expect???

Two consecutive closes above 4400 will take to 4600---4750+ mark in days to come

Revise stop loss below 4400 on closing basis 

 More will update soon...

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