Equity Market –      16h  July  2018

Equity Market –      16h  July  2018

Market Trend Buy On Dip  – stop loss long 10900-10930

Last  week we have seen strong rally which was almost 250 points from the low, however, due to profit booking on Friday  unable to hold higher level and selling pressure emerged and finally closed at 11020 mark.   However, market given a decent break out above 10929  to 11071.   Over all trend is bullish but last 250 points rally driven by of top 6 stocks and other stocks have not participated, whereas small and midcap stock heavy selling seen.  So type of moment, we can say that it will not continue in long run,  broad based rally with across the sector is looks major bull market, but this rally is driven by few stocks which is operated by vested interest and managed by Index.   So  take a cautious view and any trade should be stop loss.

One study reveals that some FO stocks which is trading  when Nifty was 10600 are stock are below their price at the time of Nifty 11100  which are as under :  ICICI Bank 303-Can Bank 255-SBI – 280-Vedanta 240-Tata Motor 285-Tata Steel -585-HPCL 296-IOC-177-PNB-87-BOB-139-Sun Tv 944-Ashok Leyland 155 LIC 533 .

Nifty  Spot

 

 

Last week strong up move seen in market and nifkty added almost 240   points from the low and closed with a gained.  However, on Friday due to profit booking unable to sustained at higher level.  Overall trend is bearish with consider decent support 10900-10930 and any dip to buy side,  crossover and sustained above 11078 more momentum towards 11100-11171 likely test.

Over all trading range 10930 to 11171  in short term, once successfully tradingabove 11200, major break out towards 11400 11500.

Last week Trend High Low Close 52W-High 52-Low
Nifty Spot 11078 10816 11023 11171 9685

 

5 DMA 10 DMA 20 DMA 50 DMA 100 DMA 200 DMA
10958 10844 10790 10732 10562 10478
Nifty Future

 

Today intra day decline to buy side with consider support 10950-10960 range and resistance 11030 to 11050 range.

Last week Trend High Low Close
Nifty Future 11069 10801 11020

 

Bank Nifty Future

 

As big sell off seen in some of private sector bank  resulted closed below 27000 mark. However, consider support 26750-26800 are a good support and resistance nearly  27200, thereafter major upside towards 27500-27750.

Trading range 26000 to 27200, trade and closed above 27200 upside open towards 27750-28000-28200-28500 in near term.

Last week Trend High Low Close 52-W High 52-W LOW
Bank Nifty Future 27153 26606 26963    

 

5 DMA 10 DMA 20 DMA 50 DMA 100 DMA 200 DMA
26871 26627 26554 26385 25632 25546
FO QUESQ Highest Put at  10600-10700

Highest call seen at 11000-11200

Pur writing seen-  11000-10900

Call Writing seen at –  —  11200-11100

Long Side:    Titan, Reliance, Bajaj Finance, Kotak Bank

Short side :     UPL – Zee, Axis Bank and Graim

Short Covering  :  Kotak Bank, Tech Mahindra

Long Unwinding   :     CAPF

CNX PSU BANK INDEX Over all bearish trend with consider resistance nearly  2850-2860  and crossover move towards 2900  +, down  side support nearly  2700-2690  and major spport area is 2650 watch out in coming days. As trading below all term moving average so any rise to selling opportunity.

Last week Trend High Low Close 52W-High 52-W Low
2865 2765 2778 4335 2645

 

5 DMA 10 DMA 50 DMA 100 DMA 200 DMA
2808 2789 2882 2900 3259
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 As we are bullish in Pharma Sector and last week, it was made a double top formation and started down ward bias due to profit booking.  However, over all trend is bullish and trading above 100-200 DMA and other long term moving indicate any dip to buy side.  Over all next 2 years will be Pharma  Sector.

Last week Trend High Low Close 52W-High 52-W Low
  9348 9142 9164 10130 7900

 

5 DMA 10 DMA 50 DMA 100 DMA 200 DMA
9244 9254 8776 8763 9085
Basket of Pharma  Stocks  :  PEL, Divis Lab, Auropharma, Cadila, Dr. Readdy, Sun Pharma, Biocon, Lupin Lab.
CNX  IT Over all this sector looks very hot and we have seen in last three  months made a good return.  Trend is very positive and any dip to buy side.  All front line and mid cap IT stocks good and there is no indication to reversal from the current level.  On the chart, trading above all moving average indicate bullish momentum continue and any dip to buy side.

Last week Trend High Low Close 52W-High 52-W Low
  14665 14141 14535 14654 10388

 

5 DMA 10 DMA 50 DMA 100 DMA 200 DMA
14383 14232 13785 10368 12443
Basket of IT Stocks  –  TCS-Infosys,Wipro, HCL Tech, Tech Mahindra, Infebeam, OFSS, KPIT  Tata Elexi.
XNX METAL INDEX Over all trend is bearish and trading below all long term average so any rise to sell side. There is reversal trend seen at current level

Last week Trend High Low Close 52W-High 52-W Low
  3396 3275 3296 4256 3147

 

5 DMA 10 DMA 50 DMA 100 DMA 200 DMA
3338 3345 3522 3627 3742
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 : 16th July   – HUL

17TH July –Ashok Leyland-Zee-Federal Bank

18th July – Ultratech, NIT-Mind Trew-Bandhan Bank, JK Tyre

19th July – Bajaj Finance, Bajaj finserve, Kotak Bank

20th july – Bata-Wipro-LT Finance, Havels, Bajaj Auto, Ceat, wipro HDF Life.

 Future Call For Paid clients only
Cash Premium For Paid clients only
 Cash Market call For Paid clients only
 Option Call For Paid clients only
DELIVERY CALL  For Paid clients only
POSITIONAL CALL  (New)  . —

—–

.

 Updated Positional Call   For Paid clients only

 

 

Advertisements

COMMODITY UP DATED :  13th july 2018

COMMODITY UP DATED :  13th july 2018

Gold  : August

Strong bullish  and any sharp decline to buy side. Down side decent support observed at 30200-30100 whereas to buying opportunity for target 31000  and above in coming days. Higher level once crossover 30700   it will show power.   Buy on decline strategy.

Some Technical Indicators :

Last Week High Low Close 50 DMA 200 DMA
  30737 30244 30560 30959 30163
52 week    

 

Silver : Sept –

Lower level do not think short sell with consider support 39000=39100 and resistance around  39500-39700, avoid  any trading call and time for consolidation time.

Some Technical Indicators :

Last Week High Low Close 50 DMA 200 DMA
  40050 38560 39766 39847 39147
52 week    

 

Crude Oil 19th July 

Overall trend is  bullish with consider decent support 4600-4650  and as long as holding there is no chances of big down side  and decent opportunity to buy side with tight stop loss.  Intra day traders can sell with stop loss  4850 for target 4750 4700  and below.

Some Technical Indicators :

Last Week High Low Close 50 DMA 200 DMA
  5173 4971 5075 4691 4072
52 week    

 

Copper August 

Trend is bearish but highly over sold region with consider support 410-415 range and resistance 425-430, once stay above on sustainable basis think only positive bias, otherwise remain sell side.

Some Technical Indicators:

Last Week High Low Close 50 DMA 200 DMA
  453 428 432 461 451
52 week    

 

Nickel July

We have covered all short position at 950, however, buying seen at lower level with consider resistance 1000   mark and remain sell side as below this level.

Some Technical Indicators :

Last Week High Low Close 50 DMA 200 DMA
  1021 954 959 995 859
52 week    

 

Natural Gas 26th July

Below 200 bear  favour, consider support 190 decisively break to sell side for target 185 and below.

Some Technical Indicators :

Last Week High Low Close 50 DMA 200 DMA
  200.80 194.70 196.70 195.65 188
52 week    

Aluminum July

Support break down and as long as below 143-145 range sell side  down side open towards 135 and below.

Some Technical Indicators :

Last Week High Low Close 50 DMA 200 DMA
  147.50 143.10 143.85 153.20 142.60
52 week    


ZINC –  July  144.70

We are bearish below 200 and our target 185   180 have been achieved however, it was made a low 1743.  Over all highly over sold zone and avoid further short sell.  Any time pull back on card.

Some Technical Indicators :

Last Week High Low Close 50 DMA 200 DMA
  199.85 185.35 190.60 206.70 211.85
52 week    

 

LEAD July

Below  160 we are bearish and made a low 146.  Now this commodity entered in bearish zone and sell side.   Sell around 151 + stop loss 153.10 target 145 and below.

Some Technical Indicators:

Last Week High Low Close 50 DMA 200 DMA
  166.75 159.08 161.55 162.85 16135
52 week    

 

For Feedback/clarification/querry, simply drop us a mail at : backoffice.3mteam@gmail.com. Cell No.  9630466296 (also available on whatasapp

With Regards

3M TEAM Research

+919630466296 / 9301302732 

Daily Market trend dated 13th July 2018

Daily Market trend dated 13th   July   2018

 Nifty ready to Test New High  –  Nifty Decent support 10900-10930

As expected after break out in trading range 10930 market will blast and finally it was made a high 11078  with supported by easy in crude oil price .  Over all strong momentum seen in market across the board, however numbers of stocks also showed negative bias and closed with a red.  Overall front line and major index based  stocks looking good and trade with momentum stocks only. We may consider short term support have been established on chart 10900-10930  and any dip to buy side for target 11171, thereafter another 500 to 800 points move on the card I coming days.

Nifty Spot :

After sharp rise and three days rally,. Time for consolidation with consider support  11000  and 10980   and major support 10930 watch out, higher level once crossover 11078  up side open towards 11100-11171-11200 mark

Last week Trend High Low Close
Nifty Spot 10816 10604 10772

 

Bank Nifty Future :

On the day of weekly expiry major up side seen, however, some profit booking at higher level, but over all major long seen which is almost 2.19 lacs shares in open interest  which is 37 % indicate more up  side  in coming days.  Consider support   26900-26850 range whereas buying opportunity, upper side resistance 27200, thereafter major breakthrough towards 27500 27750 .  Big Move + 1000 points likely  in coming days.

Last week Trend High Low Close
Bank Nifty Future 26596 26065 26500

 

FO Ques :

 Highest Put at  10600-10700

Highest call seen at 11000-11100

Pur writing seen-  11000-10900

Call Writing seen at –  —  11200-11100

Long Side:    Arvind Ltd, Wipro, Reliance, Bajaj Finance, Indigo, SBI, Jet

Short side :      Grasim, Ajanta Pharma, Adani Power, Federal Bank

Short Covering  :  Yes Bank, Apollo Tyre

Long Unwinding   :     Wockhard  Pharma

Pharma Index :

Lower level   2650-2700  are a good support on chart and  any decline to buy side, higher level resistance likely 2860, thereafter big move.

PSU  Bank Index :

Lower level   2650-2700  are a good support on chart and  any decline to buy side, higher level resistance likely 2860, thereafter big move.

Happy Trading Hrs.

For Feedback/clarification/querry, simply drop us a mail at : backoffice.3mteam@gmail.com. Cell No.  9630466296 (also available on whatasapp

With Regards

3M TEAM Research

+919630466296 /  9301302732 

 

………………………………………………………………………………………..

Daily Market trend dated 12th July 2018

Daily Market trend dated 12th   July   2018

   Sharp decline to go long  –

Due to   weakness in global market and further escalation of   China and USA resulted selling pressure in market  however,  our market is still holding support level.  So any sharp decline to buy side.

Nifty Spot :

Some selling pressure seen at higher level with consider support nearly 10900  and up side trading above 10976, further up move towards 11000  and 11100 in short term.

Last week Trend High Low Close
Nifty Spot 10816 10604 10772

 

Bank Nifty Future :

Today expiry day of weekly so lower level strong bounce back cannot be ruled out with consider support 26700-26600 range, resistance 26900-27000

 

Last week Trend High Low Close
Bank Nifty Future 26596 26065 26500

 

FO Ques :

 Highest Put at  10600-10700

Highest call seen at 11000-10800

Pur writing seen-  10800-10900

Call Writing seen at –  —  11000-10900

Long Side:    Adani Entt. Tata Elexi, TCS, Infosys, HCL Tech, HUL, HDFC Bank

Short side :      Titan and Hindustan Zinc

Short Covering  :  LIC Housing, KTK Bank, and IDBI

Long Unwinding   :     Ujjaivan

Pharma Index :

Lower level excellent support 9000-9100 range and decline to buy front line stocks for target 9400 9450, once closed above big move likely.

PSU  Bank Index :

Over all trading range wit consider support 2700 and resistance around 2850  crossover some movement likely

Happy Trading Hrs.

For Feedback/clarification/querry, simply drop us a mail at : backoffice.3mteam@gmail.com. Cell No.  9630466296 (also available on whatasapp

With Regards

3M TEAM Research

+919630466296  / 9301302732 

 

 

COMMODITY UP DATED :  11th july 2018

COMMODITY UP DATED :  11th july 2018

Gold  : August

Strong bullish  and any sharp decline to buy side. Down side decent support observed at 30200-30100 whereas to buying opportunity for target 31000  and above in coming days.

Some Technical Indicators :

Last Week High Low Close 50 DMA 200 DMA
  30737 30244 30560 30959 30163

Silver : Sept –

As it was mentioned that  buy any decline  and we are long last week from the level of 39000  and above 40000  more added for target 40500  and stop loss 40000  mark for short term traders.  Now time to book and  any sharp decline to go long side.

Some Technical Indicators :

Last Week High Low Close 50 DMA 200 DMA
  40050 38560 39766 39847 39147

 

Crude Oil 19th July 

Overall trend is extremely bullish and likely to test 5500 mark in coming days with consider decent support 4600-4700  range, however, short term resistance made at 5150-5200 watch out, do not try to short side and any dip to go long.

Some Technical Indicators :

Last Week High Low Close 50 DMA 200 DMA
  5173 4971 5075 4691 4072

 

Copper August 

Ove all trend is extremely bearish and remain short side  on pull back.  As long as remain below 450-455 range down side open towards 400-410 range in coming days.

Some Technical Indicators:

Last Week High Low Close 50 DMA 200 DMA
  453 428 432 461 451

 

Nickel July

We are bearish below 1000  and still holding short position.    Avoid further short side.

Some Technical Indicators :

Last Week High Low Close 50 DMA 200 DMA
  1021 954 959 995 859

 

Natural Gas 26th July

Below 200 bear  favour, consider support 190 and once break likely more down side towards 185   180 mark.   Sell on rise strategy.

 

Some Technical Indicators :

Last Week High Low Close 50 DMA 200 DMA
  200.80 194.70 196.70 195.65 188

 

Aluminum July

Consider major resistance zone 145 to 147  and any rise to sell side with tight stop loss.  Short term top out.

Some Technical Indicators :

Last Week High Low Close 50 DMA 200 DMA
  147.50 143.10 143.85 153.20 142.60

 

ZINC –  July  144.70

We are bearish below 200 and our target 185   180  mark mentioned and yesterday it has been achieved and enjoy, now advised to book full profit in opening trade  and avoid further trade.

Some Technical Indicators :

Last Week High Low Close 50 DMA 200 DMA
  199.85 185.35 190.60 206.70 211.85

 

LEAD July

Break down in trading range looks more down side with consider resistance 163    164 range, break down 160   more panic likely in this commodity.

Some Technical Indicators:

Last Week High Low Close 50 DMA 200 DMA
  166.75 159.08 161.55 162.85 16135

 

 

 

For Feedback/clarification/querry, simply drop us a mail at : backoffice.3mteam@gmail.com. Cell No.  9630466296 (also available on whatasapp

With Regards

3M TEAM Research

+919630466296 /  9301302732 

Daily Market trend dated 11th July 2018

Daily Market trend dated 11th   July   2018

  Strong Momentum – Now ready to test new all time high.

Market are finally break out in upside and made a high 10959 and closed above early trading range 10930 which indicate strong bull momentum and more upside in coming days.   Across the sector buying seen and any short will be a danger at the current level. Best way to locate buying opportunity in market.

Nifty Spot :

 Strong move  and finally closed above 10900, now today trading above 10959 up side target 10000 and 10050-11000  in short term.

Last week Trend High Low Close
Nifty Spot 10816 10604 10772


Bank Nifty Future :

  Above 26750 strong break out and ultimate target   27000-27100 mark easily.  Closed above 27000   towards new life time high.

Last week Trend High Low Close
Bank Nifty Future 26596 26065 26500

FO Ques :

 Highest Put at  10600-10700

Highest call seen at 11000-10800

Pur writing seen-  10800-10700

Call Writing seen at –  —

Long Side:    MuthootFinance, Excide, GAIL, Indian Bank, Yes Bank, Grasim.

Short side :      Indus Bank, IGl, Hero Motor, Ambuja Cement

Short Covering  :  Hexaware, Century Textile

Long Unwinding   :    SAIL

Pharma Index :

  Lower level do not short sell , any time strong bounce back on card.  Buy on decline Auropharma, Dr. Readdy Lab,  Lupin and Sun Pharma.

PSU  Bank Index :

  Support seen at lower level 2800 and resistance 2900,crossover it will show more power towards 2950 mark. Some buying seen in all front line PSU bank stocks.

 Happy Trading Hrs.

For Feedback/clarification/querry, simply drop us a mail at : backoffice.3mteam@gmail.com. Cell No.  9630466296 (also available on whatasapp

With Regards

3M TEAM Research

+919630466296 / 9301302732 

Daily Market trend dated 10th July 2018

Market Trend Bullish Break out and first target Nifty 10930 – thereafter more up side

On Monday strong movement seen and finally it was closed finally above 10850 and closed with a gain of 80 points.  On the other side  Bank nIfty also looking major up side in coming days.  Now time to buy on intra day any dip.  Today market open with big up side, do not enter the market and wait and watch for time being and wait for decline.