RELIANCE Below estimations, likely to open lower on Monday
As our Expectation, Reliance will open around 990-1000 on Monday opening trade. Strong support around 990
Below 990 we will expected more weakness…. Let’s see Results!!!
RELIANCE reported a net profit of Rs 6,222 crore, down 2.5 per cent on quarter for the three-month ended June 30, Experts estimate of Rs 6,700 crore.
The oil & gas major had reported a net profit of Rs 6,243 crore in the previous quarter
However, net sales rose by 37.6 per cent to Rs 77,130 crore for the first quarter of the current financial year, compared to Rs 56,043 crore a year ago.
Updated : 07.17 PM / 24th July 2015
This Week Review…
Market This Week:
Sensex -1.3%, Nifty -1.1%, Bank Nifty -2.5%, Nifty Jr -1.2%
CNX Midcap Index -1.1%, BSE Small Cap Index -0.5%
CNX Pharma -7%,CNX Realty -4.7%, BSE Cap Goods -3.2%
CNX PSU Bank -3.1%,CNX Infra -2% CNX Metals -2.5%, BSE Power -2%
BSE FMCG +7.7% CNX IT +1.7%, CNX Media +1.2%
This Week Nifty Losers:
Lupin -15.3%, Sun Pharma -12%, Vedanta -9%, Tata Steel -7%
Tata Power -5.5%, ACC -5.5%, ICICI Bk -5.3%, Ambuja Cem -4.3%
This Week Nifty Gainers:
Infosys +8.7%, Hero Moto +3.7%, Zee Ent +3.5%,Asian Paints +3.1%
This Week Midcap Losers:
Castex -23%, Unitech -11%, Karnataka Bank -10%
Maruti bounced from our support level 4205 to 4255. Still hold 4250ce cmp 63
Above message we written Today’s morning!!
Below Twitter message we written on Yesterday
LUPIN Chart update
Above is Day chart of Lupin
Last Three sessions Stock came down almost 250 pts
Now chart shown strong support around 1675-1685
Can buy lower level and Keep stop-loss of 1675 closing basis!!!
Expected Target 1820 & 1850+
Suppose if close below 1675……… next support 1635 & 1580 levels!!!
Updated : 09.39 AM / 24th July 2015
24th July 2015 Nifty Future update
NIFTY FUTURE closed : 8603
Yesterday Nifty Future was trading very volatile & zig-zag
We were written Nifty Future Resistance at 8670
NF made a high of 8667 then slide upto 8580.55……..
FII’s Sold 583cr in Index Future on Yesterday’s Trade!!
This series till date FII’s hold 4360cr in Index Future
Today’s Nifty Future facing Resistance 8630 & 8660 levels
Higher level stay caution!!!
Can do shorts at higher level & Keep a stop of 8660
Today’s Supports 8580 & 8550
If stays below 8550…………….. Finding next support at 8490 levels
Where to Entry level & Exit Level update to our clients on Live Market
Updated : 08.49 AM / 24th July 2015
24th July 2015 Banknifty Future levels ( Clients only )
Where to Entry level & Exit Level update to our clients on Live Market
24th July 2015 Hot Calls
TATAMOTORS
(Closed : 401.35 )
TATAMOTORS Bounced from lower levels
Can Buy around 396-400 levels
Expected Target 407……..Above 407 add more Power
There after we see 412 & 415
Keep a stop of 390
BAJAJ-AUTO
( Closed : 2489 )
BAJAJ-AUTO Below expectation Result
Can Sell around 2490-2510
Expected Targets 2440 & 2410
Keep a stop of 2540
MARUTI
(Closed : 4234 )
MARUTI again breaks recent Top
Can buy around 4205-4220
Expected Rally up-to 4275 & 4325
TITAN
( Closed : 337 )
TITAN now near by Support level
Today once if Breaks the level
Fall will be expected
Which level will Breaks ??
Clients special call
Updated : 08.45 AM /24th July 2015
23rd July 2015 FII’s & DII’s Activity
Source : NSE
Updated : 06.35 PM / 23rd July 2015