INTELLECTUAL TRADING

The Nifty 50 Index traded on positive note during the week. On Monday, it opened 70 points gap down and plunged to a low of 10,075. However, it swiftly recovered to end the session 55 points up. The volatility was seen on back of Gujarat and Himachal Pradesh election results. The index continued the bullish momentum, and it surprised investors with a new life-time high of 10,494 mid-week. It witnessed minor profit booking towards the end of the week. Finally, on Friday, the index up move continued till it touched a fresh life-time high of 10,501 and ended the weekly session 1.55% up. Support :  10420/10370   Resistance :10500 /10600 Nifty Options Analysis : Support : 10000   Resistance : 10500 MAX OI Contracts : 10500 CE - 56.41 Lakhs OI Contracts &  10000 PE - 75.11 Lakhs OI Contracts Sentimental Indicators: INDIA VIX = 11.58 TRIN : 0.92 NIFTY OI PCR : 1.42 Fundamental Indicators: PE RATIO  : 26.86 PB RATIO  : 3.52 DIV YIELD : 1.09 NIFTY

(1) NMDC - CMP  135.7 Buy Price : 136.7  Target : 137.4 / 139.6  Stop Loss : 134.4 (2) BPCL - CMP 533.05 Buy Price : 534 Target : 537 / 545  Stop Loss : 526 Click URL to view updated details -  https://goo.gl/NdEeUg DISCLAIMER :   view

On Monday, it opened the session 45 points gap up and traded up to close the session positive. Buying did not last for long as the index plunged more than 150 points for the next two days. On Thursday, the index opened gap up and ended the session 60 points up after witnessing an intra-day fall of over 100 points. Finally, on Friday, Nifty again gapped up 94 points and ended the weekly session 0.65% higher. Last week, we saw the index bouncing from its important support level of 10,000 - 10,100.Acting as a strong resistance on the way up, this level was expected to act as a strong support. Now the index is marching towards its life-time high with Gujarat assembly election results, to be declared early next week. Support : 10370/10230    Resistance : 10420/10500 Nifty Options Analysis : Support : 10000   Resistance : 10500 MAX OI Contracts : 10000 PE - 91.90  Lakhs OI Contracts &  10500 CE - 73.58 Lakhs OI Contracts Sentimental Indicators: INDIA VIX =

(1) TCS  - CMP 2661.1 Buy Price :2673 Target : 2694 / 2758 Stop Loss :  2610 (2) SUNPHARMA - 529.6 Buy Price 531 Target : 535 / 544 Stop Loss :  522 Click URL to view updated details -  https://goo.gl/NdEeUg DISCLAIMER :   view

After a sharp sell-off in the previous  week, the Indian equity market resumed its north bound journey. The index posted its biggest weekly gain since early November, climbing 1.27% this week. Support : 10230/10100     Resistance : 10370/10420 Nifty Options Analysis : Support : 10000   Resistance : 10500 MAX OI Contracts : 10000 PE - 86.82 Lakhs OI Contracts &  10500 CE - 56.25  Lakhs OI Contracts Sentimental Indicators: INDIA VIX = 13.67 TRIN : 0.41 NIFTY OI PCR : 0.94 Fundamental Indicators: PE RATIO  : 26.2 PB RATIO  : 3.46 DIV YIELD : 1.11 NIFTY INTRADAY FIBONACCI LEVELS CALCULATOR:   https://goo.gl/HyZDEd To know more details of indicators  click on url -  https://goo.gl/hrBirN  

PCJEWELLER - CMP 406.75 Buy Price : 408.75 Stop Loss : 403 Target : 412 / 417 Click URL to view updated details -  https://goo.gl/NdEeUg DISCLAIMER :   view

BPCL : CMP - 500.9 Buy Price : 505 Stop Loss : 495 Target : 508 /518 Click URL to view updated details -  https://goo.gl/NdEeUg DISCLAIMER :   view

BIOCON: CMP 447.25 Buy Price : 450 Stop Loss : 437 Target : 456 / 469 Click URL to view updated details -  https://goo.gl/NdEeUg DISCLAIMER :   view

During the start, the bulls had an upper hand where the index hit a fresh life-time high of 10,490. Mid-expiry, the bears took charge. But, the Moody's upgrade of India's rating came as excuse to the bulls and the index once again resumed its up move. But towards the end of the expiry, the bears once again dominated. Finally, the index ended the November series with a cut of 1%. The index is currently trading above its important support level of 10,100. For the index, the 10,100 level which acted as a strong resistance on the way up is now expected to act as a strong support. Mid-November, the index bounced strongly from this level. And now again, it is trading close to the 10,100 mark. Support : 10100 / 9970  Resistance : Between 10230/10420 Nifty Options Analysis : Support : 9800   Resistance : 10500 MAX OI Contracts : 9800 PE - 38.69 Lakhs OI Contracts &  10500 CE - 57.82  Lakhs OI Contracts Sentimental Indicators: INDIA VIX = 14.79 TRIN : 1.41

The Nifty 50 Index traded on a positive note during the week. On Monday, it opened the session on a higher note before slipping down only to recover immediately to close the session in the positive. It opened gap up the next day and gradually inched higher for the remainder of the week. Finally, on Friday, the Nifty index continued the positive momentum and ended its weekly session 1% up. Support : 10300 / 10230  Resistance : Between 10420 - 10450 Nifty Options Analysis : Support : 10200   Resistance : 10500 MAX OI Contracts : 10300 PE - 61.74  Lakhs OI Contracts &  10500 CE - 59.50 Lakhs OI Contracts Sentimental Indicators: INDIA VIX = 13.71 TRIN : 0.64 NIFTY OI PCR : 1.21 Fundamental Indicators: PE RATIO  : 26.59 PB RATIO  : 3.5  DIV YIELD : 1.07 NIFTY INTRADAY FIBONACCI LEVELS CALCULATOR:   https://goo.gl/HyZDEd To know more details of indicators  click on url -  https://goo.gl/hrBirN

GRASIM : CMP 1194.2 Buy Price - 1204 Target Price - 1216 / 1252 Stop Loss - 1173 Click URL to view updated details -  https://goo.gl/NdEeUg DISCLAIMER :   view

The Nifty 50 Index traded on a negative note during the week. Opening higher on Monday, it slipped sharply to end the session 97 points down. The selling pressure dominated the index as it fell an additional 131 points over the next two days. But, on Thursday, it opened gap up and rallied 97 points. The bullish momentum continued on the final day of the week as well where the index opened 110 points gap up after Moody's upgrades India's rating. But, it finally ended its weekly session 0.37% down. Support : 10150  Resistance : 10330 / 10420 Nifty Options Analysis : Support : 10200   Resistance : 10500 MAX OI Contracts : 10200 PE - 46.31  Lakhs OI Contracts &  10500 CE - 59.95 Lakhs OI Contracts Sentimental Indicators: INDIA VIX = 13.71 TRIN : 0.37 NIFTY OI PCR : 0.9 Fundamental Indicators: PE RATIO  : 26.14 PB RATIO  : 3.46  DIV YIELD : 1.08 NIFTY INTRADAY FIBONACCI LEVELS CALCULATOR:   https://goo.gl/HyZDEd To know more details of indica

IRB : CMP 230.1 Buy Price : 231.1 Target : 233 / 238  Stop Loss : 226 Click URL to view updated details -  https://goo.gl/NdEeUg DISCLAIMER :   view

The Nifty 50 Index traded on a negative note during the week. On Monday, it opened the session gap down, but recovered to hit a new life high of 10,490. The euphoria did not last as the index slipped 102 points the next day. It continued to trade dull throughout the week. Finally, on Friday, the index recovered a bit, before ending the weekly session 1.25% down Support : 10235 / 10150   and   Resistance : 10380 / 10450 Nifty Options Analysis : Support : 10200   Resistance : 10500 MAX OI Contracts : 10200 PE - 56.18 Lakhs OI Contracts &  10500 CE - 45.7 Lakhs OI Contracts Sentimental Indicators: INDIA VIX = 13.47 TRIN : 0.54 NIFTY OI PCR : 1.1 Fundamental Indicators: PE RATIO  : 26.35 PB RATIO  : 3.48  DIV YIELD : 1.08 NIFTY INTRADAY FIBONACCI LEVELS CALCULATOR:   https://goo.gl/HyZDEd To know more details of indicators  click on url -  https://goo.gl/hrBirN

(1) HDFCBANK  CMP 1821.2 Buy Price : 1825 Target : 1830 / 1843 SL 1812 (2) CGPOWER  CMP 86.6 Buy Price : 87.3 Target : 88.8 / 93 SL 84 Click URL to view updated details -  https://goo.gl/NdEeUg DISCLAIMER :   view

(1) ASIANPAINT   CMP - 1180.85 Buy Price : 1189  Target : 1195 /1207 Stop Loss : 1176 (2) MARUTI  CMP - 8211.25 Buy Price : 8227 Target : 8255 / 8314 Stop Loss : 8167 Click URL to view updated details -  https://goo.gl/NdEeUg DISCLAIMER :  view

JSWENERGY :  CMP 87 Buy Price : 87.6 Target : 88.5 / 89.5 SL 85.7 Click URL to view updated details -  https://goo.gl/NdEeUg DISCLAIMER :   view

This week, the Nifty 50 Index traded on a strong note. Monday saw it open the session with 30 points gap up that continued to trade higher. On Wednesday, the index gapped up 113 points to hit a new lifetime high when the government announced the recapitalization package for PSU banks. The steady momentum continued as the index touched new life highs. On Friday, the index witnessed minor profit booking, but ended its weekly session 1.70% up. Nifty Options Analysis : Support : 10000   Resistance : 10500 MAX OI Contracts : 10500 CE - 31.67 Lakhs OI Contracts &  10000 PE - 46.45 Lakhs OI Contracts Sentimental Indicators: INDIA VIX = 11.47 TRIN : 0.79 NIFTY OI PCR : 1.05 Fundamental Indicators: PE RATIO  : 26.67 PB RATIO  : 3.49  DIV YIELD : 1.11 NIFTY INTRADAY FIBONACCI LEVELS CALCULATOR:   https://goo.gl/HyZDEd To know more details of indicators  click on url -  https://goo.gl/hrBirN

NTPC : CMP 184.65 Buy Price :   185.1 Target :  186.2 /188.8 Stop Loss :  182.5 Click URL to view updated details -  https://goo.gl/NdEeUg DISCLAIMER :   view

(1) RELIANCE: CMP 939.9 Buy Price : 945.9 Target : 955 / 971 Stop Loss : 930 (2) TV18BRDCST : CMP 40.3 Buy Price : 40.55 Target : 40.8 / 41.3 Stop Loss : 40 Click URL to view updated details -  https://goo.gl/NdEeUg DISCLAIMER :   view

SOUTHBANK 32.05 Buy Price : 32.25 Target : 32.5 / 32.9  Stop Loss : 31.8 Click URL to view updated details -  https://goo.gl/NdEeUg DISCLAIMER :   view

The Nifty 50 Index traded another week on a strong note. On Monday, it opened the session a bit higher and continued to trade positive until mid-week, where it found some selling pressure. But, the bears couldn't hold the index down as the up-move resumed on Thursday, where the index rose nearly 120 points. On Friday, the index opened gap up and continued the bullish momentum to apex to a fresh lifetime high of 10, 192. It finally ended the weekly session 2% up. Today, the index broke above the range and finished at a new life high just above the 10,150 resistance level. Now, if the index sustains itself above the 10,150 level, the bulls party might continue. But on the flip side, if the index slips below this level, it might again trade in a broad range of 9,700 - 10,150. Nifty Options Analysis : Support : 10000   Resistance : 12000 MAX OI Contracts : 10200 CE - 34.49  Lakhs OI Contracts &  10000 PE - 70.74 Lakhs OI Contracts Sentimental Indicators

(1) APOLLOTYRE  - CMP 242.5 Buy Price : 243 Target : 244.7 / 249.2 Stop Loss : 238.5 (2) ASHOKLEY  - CMP  125.35 Buy Price : 125.85 Target : 126.9 / 128.8 Stop Loss : 123.9 Click URL to view updated details -  https://goo.gl/NdEeUg DISCLAIMER :   view

M&MFIN - CMP 422.6 Buy Price - 425.7 Target- 428 / 433 Stop Loss -  420.5 Click URL to view updated details -  https://goo.gl/NdEeUg DISCLAIMER :   view

(1) CANBK  - CMP 315.15 Buy Price - 316 Target- 318.5 / 323 Stop Loss -  311 Updated Target and Stop Loss for previous calls - BHARATFORG , YESBANK  Click URL to view updated details -  https://goo.gl/NdEeUg DISCLAIMER :   view

Nifty Analysis The Nifty 50 Index traded on a strong note during the week. On Tuesday, it opened to 104 points gap up, but slipped lower to end the session at 71 points up. But, the bullish momentum continued as the index witnessed a rise in buying interest the next day. This was because the RBI announced its fourth bi-monthly policy keeping the key interest rate unchanged. The index traded dull on Thursday. However, it resumed the climb on the final stretch of the week, where it rose almost 100 points just shy of 10,000 mark. The Nifty ended the weekly session 2% up. Although the index rallied during the week, looking at the broader perspective, it is stuck in a range of 9,700 - 10,150 since July. Unless we see a sustained break-out on either side of this range, the index trend remains uncertain. Nifty Options Analysis : Support : 9800 Resistance : 10000 MAX OI Contracts : 10000 CE - 40.8 Lakhs OI Contracts &  9800 PE - 53.66 Lakhs OI Contrac

(1) BharatForg - CMP 628.7  Buy Price - 634  Target - 639 / 652 Stop Loss - 621 (2) LICHSGFIN - CMP 645.05 Buy Price : 648.1 Target : 652 / 660 Stop Loss : 639 (3) YESBANK - CMP 355.8 Buy Price : 357.5 Target : 360 / 366 Stop Loss : 351 (4) HDFC - CMP 1768.1 Buy Price : 1777.65 Target : 1790/ 1818.55 Stop Loss : 1750 DISCLAIMER :   view

Nifty Analysis The Nifty50 index has ended with the net loss of 175.80 points or 1.76 per cent. We have a shortened trading week coming up with Monday being a holiday. In the coming week, we see the benchmark trading in a defined range not making much headway on the upside. The coming week might also remain volatile and the levels of 9,685 will be critically watched.  The next week will see the levels of 9,900 and 9,990 playing out as resistance levels. Supports come in at 9,685 and 9,610 zones.  Nifty Options Analysis : Support : 9700 Resistance : 10000 MAX OI Contracts : 10000 CE - 48.3 Lakhs OI Contracts &  9700 PE - 35.22  Lakhs OI Contracts Sentimental Indicators: INDIA VIX = 12.48 TRIN : 0.67 NIFTY OI PCR : 0.84 Fundamental Indicators: PE RATIO  : 25.43 PB RATIO  : 3.35 DIV YIELD : 1.17 NIFTY INTRADAY FIBONACCI LEVELS CALCULATOR:  https://goo.gl/HyZDEd To know more details of indicators  click on url -  https://

Nifty Analysis The Nifty 50 index opened on Monday with a gap up and closed at a new life time high of 10,153. It traded on a flattish note for the next two days, but the last two days have been terrible for bulls. Nifty slipped 100 points from the highs and recovered on Thursday. However, it couldn't hold back Friday when it opened with a downward gap and continued to drag lower throughout the day. It eventually ended yesterday's session with a cut of 157 points. Its largest fall in last ten months. The index is currently placed near the rising trendline support which it has held since May 2017. The daily RSI is displaying negative divergence with price, which suggests that markets may be running out of steam. However, we will have to wait and watch for a break below the trendline. If that happens then bears will be back in the driving seat for a while. Nifty Options Analysis : Support : 9900 Resistance : 10000 MAX OI Contracts : 10200 C