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16 April 2018 E


INDEX OUTLOOK: The Nifty opened the week at 10355.50 and made a high of 10525.50, made low of 10350.00 and closed the week at 10495.55. On the weekly charts, the indices have formed big bullish candle. On weekly chart it made three white shoulder patterns after consecutive bearish candle after 30 January 2018. On daily chart nifty made green small body candle on Friday. In weekly it is showing for bullish trend. RSI (55) is looking for pull back towards bullish pattern. Moving average of 7 days is crossed and 14 days is just above the candle of weekly closing this will work for resistance level for next few trading sessions.

Support 1 – 10388

Resistance 1 – 10563

Support 2 – 10281

Resistance 2 – 10631


BANK NIFTY OUTLOOK The Bank Nifty opened on this week at 24906.00, made a low of 24881.00 then bull took control on it and made high of 25388.95 and closed the week at 25235.00 Thus the Bank Nifty closed this week with a gain of 972 points from previous week closing. On the weekly charts, the indices have formed a big bullish candle with thread. It made three white shoulder pattern on weekly chart While in daily chart bank nifty made green doji like candle which small body and big thread. RSI (52) looking for bullish trend and curve pattern for next few days. Moving average of 7 days is crossed and 21 days is above the candle of weekly it will work for resistance for next few days.

Support 1 – 24947

Resistance 1 – 25455

Support 2 – 24660

Resistance 2 – 25676


    

    

HINDALCO TECHM AXISBANK TCS TITAN

VAKRANGEE BPCL HPCL INDIAN OIL CORP IBREALEST


FII And DII Data:

FII & DII TRADING ACTIVITY DURING 9-13 APR '18

FII RS CRORES

DII RS CRORES

Date

Gross Purchase

Gross Sales

Net Purchase/ Sales

Gross Purchase

Gross Sales

Net Purchase/ Sales

13-Apr-2018

4338

4737.59

-399.59

3564.73

3258.68

306.05

12-Apr-2018

4713.70

4344.80

368.90

3262.60

3878.41

-615.81

11-Apr-2018

4832.10

4469.80

362.30

3249.40

3137.58

111.82

10-Apr-2018

4186.05

4871.04

-684.99

3633.18

2979.53

653.65

09-Apr-2018

4447.12

5748.05

-1,300.93

3523.36

3164.01

359.35


MINDTREE:Technical Movement:

MINDTREE:The stock is in bullish trend on daily chart. It made big bullish candle crossed multiple fractal on daily charts while RSI is in looking for uptrend value showing 63 for uptrend. Stock crossed multiple fractals. The buying advice above 960.00 for the tgt of 964-968 with sl at 953.5 .


Escorts:Technical Movement:

ESCORTS:The stock is in bullish trend on daily chart made big bullish candle and crossed multiple fractals on daily chart. While RSI is in uptrend value showing 68 for uptrend. Moving average 7 days and 21 days are below candle. The buying advice above 950.00 for the tgt of 955-960 with sl at 942.


TECHM:Technical Movement:

TECHM:The stock in bullish trend on weekly chart broke important level of 650.05 and made high 671.25 it made big bullish engulfing candle on weekly charts while RSI is in uptrend value showing 72 for uptrend. Moving average 14 and 7 days are below weekly candle. The buying advice above 671.50 for the tgt of 675-680 with sl at 660.


SRTRANSFIN:Technical Movement:

SRTRANSFIN: The stock in bullish trend on weekly chart it made big bullish candle on weekly charts while RSI is in uptrend value showing 69 for uptrend. Moving average 14 and 7 days are below weekly candle. The buying advice above 1615 for the tgt of 1625-1635 with sl at 1598.


PIVOT POIINTS LEVELS: CMP SBIN

251.80

Support3 Support2 Support1 Pivot point 224.67 240.47 246.13 256.27

Resistance1 Resistance2 Resistance3 261.93

272.07

287.87

AMBUJACEM 238.35

224.37

231.12

234.73

237.87

241.48

244.62

251.37

HDFCBANK

1929.20

1841.32

1883.27

1906.23

1925.22

1948.18

1967.17

2009.12

INFY

1169.05

1091.45

1109.75

1135.90

1154.20

1180.35

1198.65

1224.80

ACC

1533.10

1501.02

1510.53

1517.47

1526.98

1533.92

1543.43

1550.37

PREVIOUS ARCHIVES

LAST RECCO STOCK

RECO PRICE

TGT

FOLLOWUP

REMARK

SRTRANSFIN BUY WEEKLY

1595.00

1605-1615

FULL TGT

MADE HIGH 1615.75 ON 9APRIL 2018

ESCORTS BUY WEEKLY

915.00

923-930

FULL TGT

MADE HIGH 1615.75 ON 13APRIL 2018

JUBLFOOD BUY DAILY

2347

-

-

NOT EXECUTED

536

539-544

DOES 1ST TGT

MADE HIGH 539.85

HAVELLS BUY DAILY


Weekly dervative prediction report 16 apr 2018 to 20 apr 2018 by tradecure  

TradeCure Financial Research is SEBI Registered Investment Advisory Company in India- provides you the best stock cash tips, call put tips,...

Weekly dervative prediction report 16 apr 2018 to 20 apr 2018 by tradecure  

TradeCure Financial Research is SEBI Registered Investment Advisory Company in India- provides you the best stock cash tips, call put tips,...

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