Share Market Tips for – Thursday, December 31, 2015

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Some Profit Booking Would be seen today on F&O Expiry, Short If Nifty Closes Below 7850

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened flat for the day. EquityPandit predicted that market is in positive zone but it would consolidate in a rangebound region for last 2 days of the year and exactly same happened. BankNifty saw highs right near EquityPandit’s predicted resistance levels of 17015 levels. Finally, Indian Stock Market saw profit booking at higher levels and closed right above EquityPandit’s predicted support levels of 7893 for Nifty and 25950 for Sensex like a dot.

Today: Indian Stock Market would flat. Today is F&O Expiry and some further profit booking can’t be ruled out. Indian Stock Market is still in positive zone but trader should watch important support of 7850 levels for Nifty. Nifty would enter into negative zone once it closes below levels of 7850 whereas BankNifty would enter into negative zone if it closes below levels of 16770. If Nifty or BankNifty closes below these levels then traders can exit long positions and initiate fresh short positions in the market. Until then traders can hold long positions. FIIs were net buyers of Rs.152.20 crores whereas DIIs were net sellers of Rs.74.41 crores in last trading session. Nifty would see strong support at 7850-7825-7775 whereas strong resistance would be seen at 7980-8005-8035 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (7929) The support for the Nifty is 7893-7850-7825-7775 and the resistance to the up move is at 7980-8005-8035 levels.

NSE BankNifty: (16991) The support for BankNifty is at 16840-16750-16650-16560 and the resistance to the up move is at 17015-17111-17230-17305 levels.

BSE Sensex: (25960) The support for the Sensex is at 25850-25688-25540 and the resistance to the up move is at 26060-26185-26250-26431 levels.

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Share Market Tips for – Wednesday, December 30, 2015

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Analysis Remains Same, Continue Long Positions with Stoploss of 7845 for Nifty

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened positive for the day. EquityPandit predicted that Indian Stock Market is still in positive zone and traders can hold long positions with strict stoploss of 7850 levels for Nifty and exactly same happened. Indian Stock Market saw some profit booking but finally moved sharply positive to close positive for the day.

Today: Indian Stock Market would flat. Since, market closed flat for last trading session, analysis would remain same. Technically, Indian Stock Market is still in positive zone. The trade for now is to hold long positions until Nifty holds levels of 7845. Overall, Market would consolidate for last 2 days of the year. FIIs were net buyers of Rs.8.49 crores whereas DIIs were net buyers of Rs.6.44 crores in last trading session. Nifty would see strong support at 7893-7850-7825-7775 whereas strong resistance would be seen at 7980-8005-8035 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (7929) The support for the Nifty is 7893-7850-7825-7775 and the resistance to the up move is at 7980-8005-8035 levels.

NSE BankNifty: (16991) The support for BankNifty is at 16840-16750-16650-16560 and the resistance to the up move is at 17015-17111-17230-17305 levels.

BSE Sensex: (26079) The support for the Sensex is at 25950-25850-25688-25540 and the resistance to the up move is at 26060-26185-26250-26431 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Tuesday, December 29, 2015

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Hold Long Positions with Stoploss below 7845 for Nifty by Closing

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened flat with just 2 points positive for Nifty. EquityPandit predicted that Market is in positive zone and traders should hold long positions until Nifty breaches levels of 7800 and exactly same happened. Indian Stock Market moved sharply positive generating huge profits for traders, who followed EquityPandit’s advice for the day. BankNifty also saw sharp positive movement and made high right at EquityPandit’s predicted levels of 17015. Finally, Indian Stock Market closed gap positive and Nifty closed right at EquityPandit’s predicted resistance levels of 7926 like a dot.

Today: Indian Stock Market would open positive. Technically, analysis would remain same and Indian Stock Market is still in positive zone.The trade for now is to hold long positions until Nifty holds levels of 7845. Positive momentum would be seen in the market if BankNifty breaches levels of 17000 by closing. FIIs were net sellers of Rs.302.62 crores whereas DIIs were net buyers of Rs.987.82 crores in last trading session. Nifty would see strong support at 7893-7850-7825-7775 whereas strong resistance would be seen at 7980-8005-8035 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (7925) The support for the Nifty is 7893-7850-7825-7775 and the resistance to the up move is at 7980-8005-8035 levels.

NSE BankNifty: (16979) The support for BankNifty is at 16840-16750-16650-16560 and the resistance to the up move is at 17015-17111-17230-17305 levels.

BSE Sensex: (26034) The support for the Sensex is at 25950-25850-25688-25540 and the resistance to the up move is at 26060-26185-26250-26431 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Monday, December 28, 2015

equitypandit_square

Continue Long Positions Until Nifty Holds 7800 levels

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened positive for the day. EquityPandit predicted that Nifty would see strong resistance at 7888 whereas support would be seen at 7825 levels and exactly same happened. Nifty saw highs right at EquityPandit’s predicted resistance levels of 7888 like a dot. Coincidently, BankNifty also saw highs right at EquityPandit’s predicted resistance levels of 16940 like a dot. Finally, Indian Stock Market closed flat for the day.

Today: Indian Stock Market would open flat. Technically, Indian Stock Market is still in positive zone but market is loosing momentum at higher levels and not able to sustain those levels. There would be some consolidation in this region but traders can hold long positions as of now until Nifty holds levels of 7800. FIIs were net sellers of Rs.112.03 crores whereas DIIs were net buyers of Rs.8.05 crores in last trading session. Nifty would see strong support at 7825-7775-7730-7715 whereas strong resistance would be seen at 7888-7926-7980 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (7861) The support for the Nifty is 7825-7775-7730-7715 and the resistance to the up move is at 7888-7926-7980 levels.

NSE BankNifty: (16811) The support for BankNifty is at 16750-16650-16560-16514 and the resistance to the up move is at 16940-17015-17111 levels.

BSE Sensex: (25839) The support for the Sensex is at 25688-25540-25445-25365 and the resistance to the up move is at 25936-26016-26060-26185 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Colgate Palmolive Outlook for the Week (December 28, 2015 – January 01, 2016)

EquityPandit’s Outlook for Colgate Palmoilve for the week (December 28, 2015 – January 01, 2016):

 

COLGATE PALMOLIVE:

 

 

COLPAL

 

 

Colgate Palmolive (NSE: COLPAL) closed the week on negative note losing around 1.0%.

As we have mentioned last week that resistance for the stock lies in the zone of 1010 where upper end of the downward sloping channel is positioned. If the stock manages to close above this levels then the stock can move to the levels of 1050. During the week the stock manages to hit a high of 1006 and retraced to close the week around the levels of 982.50.

Support for the stock lies in the range of 960 where 100 Daily SMA is lying. If the stock closes below this levels then the stock can drift to the levels of 940.

The stock has closed just below the strong resistance zone of 990 to 1010 where 200 Daily SMA and channel resistance for the stock are positioned. If the stock manages to close above this levels then the stock can move to the levels of 1050.

Broad range for the stock is seen between 950 to 960 on lower end and 1010 to 1030 on upper end.

Dabur Outlook for the Week (December 28, 2015 – January 01, 2016)

EquityPandit’s Outlook for DABUR for the week (December 28, 2015 – January 01, 2016):

 

DABUR:

 

 

DABUR

 

 

Dabur closed the week on positive note gaining around 1.10%.

As we have mentioned last week that the stock has closed around the strong resistance zone of 275 to 280 where 100 & 200 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 290. During the week the stock manages to hit a high of 280 and retraced to close the week around the levels of 274.

The stock has closed around the strong resistance zone of 275 to 280 where 100 & 200 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 290.

Support for the stock lies in the zone of 265. If the stock breaks below this levels on closing basis then the stock can drift to the levels of 250 where long term trend-line support for the stock is lying.

Broad range for the stock is seen between 255 to 260 on lower end and 275 to 280 on upper end.

Hindustan Unilever Outlook for the Week (December 28, 2015 – January 01, 2016)

EquityPandit’s Outlook for Hindustan Unilever for the week (December 28, 2015 – January 01, 2016):

 

HINDUSTAN UNILEVER:

 

 

HINDUNILVR

 

 

HIND Unilever closed the week on positive note gaining around 1.00%.

As we have mentioned last week that stock has closed around the strong resistance zone of 860 where 200 Daily SMA is lying. If the stock closes above the levels of 865 then the stock can move to the levels of 890 to 900 where trend-line joining earlier high is positioned. During the week the stock manages to hit a high of 870 and close the week around the levels of 865.

Support for the stock lies in the range of 830 where 100 Daily SMA is lying. If the stock closes below this levels then the stock can drift to the levels of 800 to 810 where trend-line support for the stock is lying.

Stock has closed around the strong resistance zone of 860 where 200 Daily SMA is lying. If the stock closes above the levels of 865 then the stock can move to the levels of 890 to 900 where trend-line joining earlier high is positioned.

The stock has formed a Hanging man pattern in an uptrend indicating the trend reversal or consolidation. The stock has to close above the levels of 875 to negate this pattern.

Broad range for the stock in coming week is seen between 830 to 840 on downside and 880 to 890 on upside.

ITC Outlook for the Week (December 28, 2015 – January 01, 2016)

EquityPandit’s Outlook for ITC for the week (December 28, 2015 – January 01, 2016):

 

ITC:

 

 

ITC

 

 

ITC closed the week on positive note gaining around 2.00%.

As we have mentioned last week that resistance for the stock lies in the zone of 325 to 330 where 100 & 200 Daily SMA are lying. If the stock closes above this levels then the stock can move to the levels of 340 where 500 Daily SMA and 100 Weekly SMA are positioned. During the week the stock manages to hit a high of 327 and retraced to close the week around the levels of 324.

Support for the stock lies in the zone 310 to 315 where 1000 Daily SMA and 200 Weekly SMA is positioned. If the stock closes below this levels then the stock can drift to the levels of 290 where the stock had made a medium term bottom.

Resistance for the stock lies in the zone of 325 to 330 where 100 & 200 Daily SMA are lying. If the stock closes above this levels then the stock can move to the levels of 340 where 500 Daily SMA and 100 Weekly SMA are positioned.

Broad range for the stock in coming week is seen between 310 to 315 on downside and 330 to 335 on upside.

Cipla Outlook for the Week (December 28, 2015 – January 01, 2016)

EquityPandit’s Outlook for Cipla for the week (December 28, 2015 – January 01, 2016):

 

CIPLA:

 

 

CIPLA

 

 

CIPLA closed the week on positive note gaining around 1.00%.

As we have mentioned last week that resistance for the stock lies in the zone of 650 where short term moving averages and upward sloping trend-line resistance for the stock is positioned. If the stock closes above this levels then the stock can move to the levels of 665 where 100 & 200 Daily SMA are positioned. During the week the stock manages to hit a high of 654 and close the week around the levels of 648.

Support for the stock lies in the zone of 620 where trend-line support for the stock is positioned. If the stock closes below this levels then the stock can drift to the levels of 570 where 500 Daily SMA and 100 Weekly SMA are positioned.

Resistance for the stock lies in the zone of 655 to 660 where upward sloping trend-line resistance and 100 & 200 Daily SMA for the stock are positioned. If the stock closes above this levels then the stock can move to the levels of 680 to 700 from where the stock has sold off in the month of October – 2015.

Broad range for the stock is seen in the range of 620 – 625 on downside to 655 – 660 on upside.

Dr. Reddy Outlook for the Week (December 28, 2015 – January 01, 2016)

EquityPandit’s Outlook for Dr. Reddy for the week (December 28, 2015 – January 01, 2016):

 

DR. REDDY:

 

 

DRREDDY

 

 

Dr Reddy closed the week on positive note gaining around 1.30%.

As we have mentioned last week that resistance for the stock lies in the range of 3050 to 3100 from where the stock has broken down after forming a double bottom. If the stock manages to close above the levels of 3100 then the stock can move to the levels of 3200 where 500 Daily SMA and 100 Weekly SMA is lying. During the week the stock manages to hit a high of 3049 and retraced to close the week around the levels of 3012.

The stock is trading around the support zone of 2940 from where the stock has broken out in the month of August – 2014. If the stock closes below this levels then the stock can drift to the levels of 2500 where 1000 Daily SMA and 200 Weekly SMA are lying.

Resistance for the stock lies in the range of 3050 to 3100 from where the stock has broken down after forming a double bottom. If the stock manages to close above the levels of 3100 then the stock can move to the levels of 3200 where 500 Daily SMA and 100 Weekly SMA is lying.

Broad range for the stock is seen from 2850 – 2900 on downside to 3100 – 3150 on upside.

Lupin Outlook for the Week (December 28, 2015 – January 01, 2016)

EquityPandit’s Outlook for Lupin for the week (December 28, 2015 – January 01, 2016):

 

LUPIN:

 

 

LUPIN

 

 

Lupin closed the week on positive note gaining around 1.10%.

As we have mentioned last week that the stock has closed around the strong resistance zone of 1780 to 1800 where short term moving averages are lying. If the stock manages to close above this levels then the stock can move to the levels of 1840 to 1870 where 100 & 200 Daily SMA are positioned. During the week the stock manages to hit a high of 1822 and closed the week around the levels of 1803.

During the week the stock consolidated in the tight range of 1780 to 1820. If the stock closes below the levels of 1780 then the stock can drift to the levels of 1730 to 1750 where the stock has made the short term bottom. If the stock closes below this levels then the stock can drift to the levels of 1680.

The stock has closed around the strong resistance zone of 1780 to 1800 where short term moving averages are lying. If the stock manages to close above this levels then the stock can move to the levels of 1840 to 1870 where 100 & 200 Daily SMA are positioned.

Broad range for the stock is seen from 1750 – 1770 on downside to 1830 – 1850 on upside.

Sun Pharma Outlook for the Week (December 28, 2015 – January 01, 2016)

EquityPandit’s Outlook for Sun Pharma for the week (December 28, 2015 – January 01, 2016):

 

SUN PHARMA:

 

 

SUNPHARMA

 

 

SUN PHARMA closed the week on absolutely flat note.

As we have mentioned last week that the resistance for the stock lies in the zone of 790 to 800 where 500 Daily SMA, 100 Weekly SMA and trend-line resistance for the stock is lying. If the stock manages to close above this levels then the stock can move to the levels of 850 where 100 Daily SMA is positioned. During the week the stock manages to hit a high of 798 and close the week around the levels of 790.

Support for the stock lies in the zone of 750 to 760. If the stock closes below this levels then the stock can drift to the levels of 710 to 720 where the stock has formed a medium term support.

The stock is trading around the strong resistance zone of 790 to 800 where 500 Daily SMA, 100 Weekly SMA and trend-line resistance for the stock is lying. If the stock manages to close above this levels then the stock can move to the levels of 850 where 100 Daily SMA is positioned.

Broad range for the stock in the coming week can be 760 – 770 on lower side to 810 – 820 on upper side.

Wipro Outlook for the Week (December 28, 2015 – January 01, 2016)

EquityPandit’s Outlook for Wipro for the week (December 28, 2015 – January 01, 2016):

 

WIPRO:

 

 

WIPRO

 

 

Wipro closed the week on positive note gaining around 0.60%.

As we have mentioned last week that support for the stock lies in the zone of 540 to 545 where trend-line support for the stock is lying. If the stock closes below this levels then the stock will break the trend-line support which is holding the stock since the month of April – 2015. During the week the stock manages to hit a low of 548.5 and bounce to close the week around the levels of 557.

Support for the stock lies in the zone of 540 to 545 where trend-line support for the stock is lying. If the stock closes below this levels then the stock will break the trend-line support which is holding the stock since the month of April – 2015.

Resistance for the stock lies in the zone of 565 to 570 where 100, 200 & 500 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 600.

Broad range for the stock in the coming week is seen between 540 to 545 on downside to 565 to 570 on upside.

HCL Tech Outlook for the Week (December 28, 2015 – January 01, 2016)

EquityPandit’s Outlook for HCL Tech for the week (December 28, 2015 – January 01, 2016):

 

HCL TECHNOLOGIES:

 

 

HCLTECH

 

 

HCL Technologies (NSE: HCLTECH) closed the week on positive note gaining around 1.60%.

As we have mentioned last week that resistance for the stock lies in the zone of 865. If the stock manages to close above this levels then the stock can move to the levels of 880 to 890 where 100 Daily SMA is positioned. During the week the stock manages to hit a high of 866 and close the week around the levels of 860.

The stock is trading around the support zone of 840 where 100 Weekly SMA is lying. If the stock closes below this levels then the stock can drift to the levels of 815 to 825 where 500 Daily SMA and trend-line support for the stock is lying.

Resistance for the stock lies in the zone of 865. If the stock manages to close above this levels then the stock can move to the levels of 880 to 890 where 100 Daily SMA is positioned.

Broad range for the stock in the coming week is seen between 840 to 850 on downside to 870 to 880 on upside.

TCS Outlook for the Week (December 28, 2015 – January 01, 2016)

EquityPandit’s Outlook for TCS for the week (December 28, 2015 – January 01, 2016):

 

TATA CONSULTANCY SERVICES:

 

 

TCS

 

 

TCS closed the week on positive note gaining around 0.75%.

As we have mentioned last week that resistance for the stock lies in the zone of 2430 to 2440 where 500 Daily SMA and 100 Weekly SMA are positioned. If the stock closes above this levels then the stock can move to the levels of 2500 where trend-line resistance and 100 Daily SMA for the stock is lying. During the week the stock manages to hit a high of 2450 and close the week around the levels of 2435.

Support for the stock lies in the zone of 2350 to 2370. If the stock closes below this levels then the stock can drift to the levels of 2320 where the stock has formed a short term bottom.

Resistance for the stock lies in the zone of 2450 to 2460 where 500 Daily SMA and 100 Weekly SMA are positioned. If the stock closes above this levels then the stock can move to the levels of 2500 where trend-line resistance and 100 Daily SMA for the stock is lying.

Broad range for the stock in the coming week is seen between 2370 to 2390 on downside to 2460 to 2480 on upside.

Infosys Outlook for the Week (December 28, 2015 – January 01, 2016)

EquityPandit’s Outlook for Infosys for the week (December 28, 2015 – January 01, 2016):

 

INFOSYS:

 

 

INFY

 

 

INFOSYS  (NSE: INFY) closed the week on positive note gaining around 1.20%.

As we have mentioned last week that resistance for the stock lies in the zone of 1100 to 1110 where 100 Daily SMA and channel resistance for the stock is positioned. If the stock manages to close above this levels then the stock can move to the levels of 1160. During the week the stock manages to hit a high of 1107 and close the week around the levels of 1096.

Support for the stock lies in the zone of 1065 where 200 Daily SMA is lying. If the stock closes below this levels then the stock can drift to the levels of 1040 to 1045 where trend-line support for the stock is positioned.

Resistance for the stock lies in the zone of 1100 to 1110 where 100 Daily SMA and channel resistance for the stock is positioned. If the stock manages to close above this levels then the stock can move to the levels of 1160.

Broad range for the stock in the coming week is seen between 1040 to 1050 on downside to 1110 to 1120 on upside.

SBI Outlook for the Week (December 28, 2015 – January 01, 2016)

EquityPandit’s Outlook for SBI for the week (December 28, 2015 – January 01, 2016):

 

STATE BANK OF INDIA:

 

 

SBIN

 

 

State Bank Of India (NSE: SBIN) closed the week on positive note gaining around 0.90%.

As we have mentioned last week that the resistance for the stock lies in the zone of 235 from where the stock has broken the long term support. If the stock manages to close above this levels then the stock can move to the levels of 245 to 250 where 100 Daily SMA, 500 Daily SMA and 100 Weekly SMA are lying. During the week the stock manages to hit a high of 232 and retraced to close the week around the levels of 228.5.

The stock has closed around the strong support zone of 225 where 1000 Daily SMA and 200 Weekly SMA are positioned. If the stock closes below this levels then the stock can drift to the levels of 210 to 213 where 100 Monthly SMA is positioned.

Resistance for the stock lies in the zone of 235 from where the stock has broken the long term support. If the stock manages to close above this levels then the stock can move to the levels of 245 to 250 where 100 Daily SMA, 500 Daily SMA and 100 Weekly SMA are lying.

Broad range for the stock in the coming week can be 215 – 220 on lower side to 235 – 240 on upper side.

Axis Bank Outlook for the Week (December 28, 2015 – January 01, 2016)

EquityPandit’s Outlook for Axis Bank for the week (December 28, 2015 – January 01, 2016):

 

AXIS BANK:

 

 

AXISBANK

 

 

Axis Bank closed the week on positive note gaining around 4.20%.

As we have mentioned last week that resistance for the stock lies in the zone of 445 to 450 from where the stock has broken down the descending triangle pattern. If the stock closes above this levels then the stock can move to the levels of 460 to 465. During the week the stock manages to hit a high of 455 and close the week around the levels of 450.

The stock has close below the strong support zone of 440 where 500 Daily SMA is positioned. If the stock closes below this levels then the stock can drift to the levels of 425 from where the stock has broken out in the month of October – 2014.

Resistance for the stock lies in the zone of 450 to 455 from where the stock has broken down the descending triangle pattern and 100 Weekly SMA are lying.. If the stock closes above this levels then the stock can move to the levels of 470.

Broad range for the stock in the coming week can be 435 – 440 on lower side to 460 – 465 on upper side.

ICICI Bank Outlook for the Week (December 28, 2015 – January 01, 2016)

EquityPandit’s Outlook for ICICI Bank for the week (December 28, 2015 – January 01, 2016):

 

ICICI BANK:

 

 

ICICIBANK

 

 

ICICI Bank closed the week on positive note gaining around 3.40%.

As we have mentioned last week that resistance for the stock lies in the zone of 256 from where the stock has broken down from the Head & Shoulder pattern. If the stock manages to close above this levels then the stock can move to the levels of 265 to 270 where long term trend-line resistance for the stock is positioned. During the week the stock manages to hit a high of 263.6 and retraced to close the week around the levels of 259.

Support for the stock lies in the zone of 245 to 250 where 1000 Daily SMA and 200 Weekly SMA are positioned. If the stock closes below this levels then the stock can drift to the levels of around 210 where 100 Monthly SMA is lying.

The stock has closed around the resistance zone of 256 from where the stock has broken down from the Head & Shoulder pattern. If the stock manages to close above this levels then the stock can move to the levels of 265 to 270 where long term trend-line resistance for the stock is positioned.

Broad range for the stock in the coming week can be 245 – 250 on lower side to 265 – 270 on upper side.

HDFC Bank Outlook for the Week (December 28, 2015 – January 01, 2016)

EquityPandit’s Outlook for HDFC Bank for the week (December 28, 2015 – January 01, 2016):

 

HDFC BANK:

 

 

HDFCBANK

 

 

HDFC Bank closed the week on absolutely flat note.

As we have mentioned last week that resistance for the index lies in the zone of 1085 to 1090 where the stock has made a top on 02/12/2015. If the stock manages to close above this levels then the stock can move to the levels of 1130 where the stock has made the lifetime high. During the week the stock manages to hit a high of 1080 and manage to close the week around the levels of 1075.

Stock has closed around the support zone of 1070 where 100 Daily SMA is lying. If the stock closes below this levels then the stock can drift to the levels of 1045 to 1050 where 200 Daily SMA and trend-line support for the stock is positioned.

Resistance for the index lies in the zone of 1085 to 1090 where the stock has made a top on 02/12/2015. If the stock manages to close above this levels then the stock can move to the levels of 1130 where the stock has made the lifetime high.

Broad range for the stock in the coming week can be 1045 – 1050 on lower side to 1090 – 1100 on upper side.

Nifty Energy Outlook for the Week (December 28, 2015 – January 01, 2016)

EquityPandit’s Outlook for NIFTY ENERGY for the week (December 28, 2015 – January 01, 2016):

 

NIFTY ENERGY:

 

 

NIFTYENERG

 

 

Nifty ENERGY index closed the week on positive note gaining around 2.20%.

As we have mentioned last week that the Index has closed around the strong resistance of 8300 where 200 Daily SMA and 200 Weekly SMA are lying. If the index manages to close above this levels then the index can move to the levels of 8600 where 500 Daily SMA and 100 Weekly SMA are positioned. During the week the index manages to hit a high of 8498 and close the week around the levels of 8461.

Support for the index lies in the zone of 8300 where 200 Daily SMA and 200 Weekly SMA are lying. If the index closes below this levels then the index can drift to the levels of 8200 where 1000 Daily SMA is lying.

Resistance for the index lies in the zone of 8650 to 8700 where 500 Daily SMA and 100 Weekly SMA are lying. If the index closes above this levels then the index can move to the levels of 9000.

Broad range for the index is seen between 8200 to 8250 on downside to 8550 to 8600 on upside.

Nifty Auto Outlook for the Week (December 28, 2015 – January 01, 2016)

EquityPandit’s Outlook for NIFTY Auto for the week (December 28, 2015 – January 01, 2016):

 

NIFTY AUTO:

 

 

NIFTYAUTO

 

 

Nifty AUTO index closed the week on positive note gaining around 0.70%.

As we have mentioned last week that strong resistance for the index lies in the zone of 8200 where short term moving averages and 100 Daily SMA are lying. If the index manages to close above this levels then the index can move to the levels of 8300 where 200 Daily SMA is positioned. During the week the index manages to hit a high of 8165 and close the week around the levels of 8135.

Support for the index lies in the zone of 7900 where trend-line joining earlier lows is positioned. If the index closes below this levels then the index can drift to the levels of 7450 to 7500 where 500 Daily SMA and 100 Weekly SMA are positioned.

Strong resistance for the index lies in the zone of 8200 where short term moving averages and 100 Daily SMA are lying. If the index manages to close above this levels then the index can move to the levels of 8300 where 200 Daily SMA is positioned.

Broad range for the index is seen from 7900 to 7950 on downside to 8200 to 8250 on upside.

Nifty Pharma Outlook for the Week (December 28, 2015 – January 01, 2016)

EquityPandit’s Outlook for NIFTY Pharma for the week (December 28, 2015 – January 01, 2016):

 

NIFTY PHARMA:

 

 

NIFTYPHARM

 

 

Nifty PHARMA index closed the week on positive note gaining around 1.10%.

As we have mentioned last week that resistance for the index lies in the zone of 11800 to 112000 where short term moving averages and a gap which was created by the index on 09/11/2015 are positioned. If the index close above this levels then the index can move to the levels of 12500 where 100 & 200 Daily SMA are lying. During the week the index manages to hit a high of 11883 and close the week around the levels of 11790.

Support for the index lies in the zone of 11500. If the index close below this levels then the index can drift to the levels of 11000 to 11200 where trend-line and channel support for the index is positioned.

The index has closed around strong resistance zone of 11800 to 112000 where short term moving averages and a gap which was created by the index on 09/11/2015 are positioned. If the index close above this levels then the index can move to the levels of 12500 where 100 & 200 Daily SMA are lying.

Broad range for the index is seen from 11500 to 11600 on downside to 12000 to 12100 on upside.

Nifty FMCG Outlook for the Week (December 28, 2015 – January 01, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (December 28, 2015 – January 01, 2016):

 

NIFTY FMCG:

 

 

NIFTYFMCG

 

 

Nifty FMCG index closed the week on positive note gaining around 1.10%.

As we have mentioned last week that the resistance for the index lies in the zone of 20100 to 20200 where 100 & 200 Daily SMA are positioned. If the index manages to close above this levels then the index can move to the levels of 20700 where trend-line joining earlier high is positioned. During the week the index manages to hit a high of 20167 and manage to close around the levels of 20041.

Resistance for the index lies in the zone of 20100 to 20200 where 100 & 200 Daily SMA are positioned. If the index manages to close above this levels then the index can move to the levels of 20700 where trend-line joining earlier high is positioned.

Support for the index lies in the zone of 19100 to 19300 where long term trend-line, 500 Daily SMA and 100 Weekly SMA are positioned. If the index close below this levels then the index can drift to the levels of 18000 and the index can witness the free fall as no support is visible in near term.

Broad range for the index in the coming week is seen from 19300 on downside to 20400 on upside.

Nifty IT Outlook for the Week (December 28, 2015 – January 01, 2016)

EquityPandit’s Outlook for NIFTY IT for the week (December 28, 2015 – January 01, 2016):

 

NIFTY IT:

 

 

NIFTYIT

 

 

Nifty IT index ended the week on positive note gaining around 0.50%.

As we have mentioned last week that the resistance for the index lies in the zone of 11100 where channel resistance for the index is lying. If the index manages to close above this levels then the index can move to the levels of 11300 to 11400 where trend-line resistance for the index is positioned. During the week the index manages to hit a high of 11232 and close the week around the levels of 11180.

Support for the index lies in the range of 11050 where trend-line support for the index is lying. If the index closes below this levels then the index can drift to the levels of 10800 to 10900 where 500 Daily SMA and 100 Weekly SMA are positioned.

Index has closed around the resistance zone of 11100 where channel resistance for the index is lying. If the index manages to close above this levels then the index can move to the levels of 11300 to 11400 where trend-line resistance for the index is positioned.

The index has been consolidating in the range of 10800 on downside to 11300 on upside since last 06 weeks. A breakout on either side will move the index further 4% to 5% in that direction.

Broad range for the index in the coming week is seen from 10800 on downside to 11300 on upside.

Nifty Bank Outlook for the Week (December 28, 2015 – January 01, 2016)

EquityPandit’s Outlook for Nifty Bank for the week (December 28, 2015 – January 01, 2016):

 

NIFTY BANK:

 

 

BANKNIFTY

 

 

Nifty Bank ended the week on positive note gaining around 1.40%.

As we have mentioned last week that resistance for the index lies in the zone of 16800 to 17000 where short term moving averages are lying. If the index manages to close above this levels then the index can move to the levels of 17500 where 100 Daily SMA is positioned. During the week the index manages to hit a high of 16946 and retraced to close the week around the levels of 16833.

Support for the index lies in the zone of 16500 where neckline of the Head & Shoulder pattern and 100 Weekly SMA are positioned. If the index closes below this levels then the index can drift to the levels of 15800 to 16000 where trend-line and 500 Daily SMA are lying.

Resistance for the index lies in the zone of 16900 to 17100 where short term moving averages are lying. If the index manages to close above this levels then the index can move to the levels of 17400 where 100 Daily SMA is positioned.

Range for the week is seen from 16500 to 16600 on downside to 17100 to 17200 on upside.

Nifty Outlook for the Week (December 28, 2015 – January 01, 2016)

EquityPandit’s Outlook for Nifty for week (December 28, 2015 – January 01, 2016):

 

NIFTY:

 

NSE Nifty

 

Nifty ended the week on positive note gaining around 1.30%.

As we have mentioned last week that resistance for the index lies in the zone of 7850 to 7900 where short term moving averages and 100 Weekly SMA are lying. If the stock manages to close above this levels then the stock can move to the levels of 8000 where 100 Daily SMA is positioned. During the week the stock manages to hit a high of 7889 and close at virtually the highest levels of the week.

Support for the index lies in the zone of 7750 where 500 Daily SMA is lying. If the index closes below this levels then the index can drift to the levels of 7500 to 7600 where the index has formed a double bottom.

Index has closed around the strong resistance zone of 7850 to 7900 where short term moving averages and 100 Weekly SMA is positioned. If the index manages to close above the levels of 7900 then the index can move to the levels of 8000 where 100 Daily SMA is lying.

Broad range for the week is seen from 7750 on downside to 8000 on upside.

Share Market Tips for – Thursday, December 24, 2015

equitypandit_square

Market Still In Positive Trend, Continue Long Positions

 

Last Trading Session: Exactly as predicted by EquityPandit, Nifty opened gap positive for the day. EquityPandit predicted that market is still in positive zone and we would see further positive movement for now. EquityPandit also predicted that once Nifty breaches levels of 7850 the we would see further positive momentum and exactly same happened. Market moved sharply positive for the day and traders who followed EquityPandit’s advice to go long might have earned huge profits for the day. Finally, Indian Stock Market closed gap positive for the day.

Today: Indian Stock Market would open positive. Technically, Indian Stock Market is still in positive zone and we would continue to see positive movement for now. Traders should continue to hold long positions as of now. Market would remain close on Friday on the festival of Christmas. The only trade for now is to go long in the market. For the third consecutive day, FIIs and DIIs, both were buyers in Indian Stock Market. FIIs were net buyers of Rs.385.82 crores whereas DIIs were net buyers of Rs.632.64 crores in last trading session. Nifty would see strong support at 7825-7775-7730-7715 whereas strong resistance would be seen at 7888-7926-7980 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (7866) The support for the Nifty is 7825-7775-7730-7715 and the resistance to the up move is at 7888-7926-7980 levels.

NSE BankNifty: (16882) The support for BankNifty is at 16800-16650-16560-16514 and the resistance to the up move is at 16940-17015-17111 levels.

BSE Sensex: (25850) The support for the Sensex is at 25688-25540-25445-25365 and the resistance to the up move is at 25936-26016-26060-26185 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Wednesday, December 23, 2015

equitypandit_square

Market to see further positive movement today but breakout would be seen only if Nifty breaches 7850 levels

 

Last Trading Session: Exactly as predicted by EquityPandit, Nifty opened flat for the day. EquityPandit predicted that market may go up and the trade is to hold long positions until Nifty closes below 7730 levels. EquityPandit also predicted that overall, market would end up in consolidation for upcoming days and exactly same happened. Indian Stock Market moved sharply positive but was not able to sustain higher levels. Market fell down sharply on account of profit booking by the end of the trading session. BankNifty also saw highs right at EquityPandit’s predicted resistance levels of 16940. Finally, Indian Stock Market closed negative for the day.

Today: Indian Stock Market would open gap positive. Technically, Indian Stock Market is still in positive zone and we would see further positive movement for now. Nifty may see positive momentum only if it breaches levels of 7850 on the positive side. Else market would again see profit booking at higher levels and consolidate in the range of 7600-7850for the rest of December due to year closing and holidays. FIIs were net buyers of Rs.168.73 crores whereas DIIs were net buyers of Rs.238.36 crores in last trading session. Nifty would see strong support at 7730-7715-7700-7680 whereas strong resistance would be seen at 7850-7888-7926-7980 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (7786) The support for the Nifty is 7730-7715-7700-7680 and the resistance to the up move is at 7850-7888-7926-7980 levels.

NSE BankNifty: (16749) The support for BankNifty is at 16650-16560-16514-16380 and the resistance to the up move is at 16940-17015-17111 levels.

BSE Sensex: (25591) The support for the Sensex is at 25540-25445-25365 and the resistance to the up move is at 25790-25885-25936-26016 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Tuesday, December 22, 2015

equitypandit_square

Market still in positive zone, Continue long positions until Nifty breaches levels of 7730

 

Last Trading Session: Exactly as predicted by EquityPandit, Nifty opened negative for the day. EquityPandit predicted that Indian Stock Market is still in positive zone and traders should go short only if Nifty breaches levels of 7700 and exactly same happened. Market saw some profit booking but was not able to breach levels of 7700 for Nifty. Finally Market recovered to close above levels of 7800 for Nifty. Sensex also saw strong resistance just near EquityPandit’s predicted resistance levels of 25750 and closed below those levels. Finally, Indian Stock Market closed gap positive for the day.

Today: Indian Stock Market would open flat. Technically, Indian Stock Market is still in positive zone traders should continue to hold long positions until Nifty closes below 7730 levels. Now, some positive momentum is seen in the market and hence traders can continue long positions as of now for next target of 7888-7926 levels for Nifty. Once, Nifty breaches levels of 7852 then it would achieve those targets. Fresh shorts should only be intiated if Nifty breaches levels of 7730 and BankNifty breaches levels of 16515 levels, until then traders should go long in the market. Overall, this non-event Indian Market would end up in consolidation for next few days. FIIs were net buyers of Rs.37.37 crores whereas DIIs were net buyers of Rs.62.70 crores in last trading session. Nifty would see strong support at 7795-7730-7700-7680 whereas strong resistance would be seen at 7864-7888-7926-7980 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (7834) The support for the Nifty is 7795-7730-7700-7680 and the resistance to the up move is at 7864-7888-7926-7980 levels.

NSE BankNifty: (16825) The support for BankNifty is at 16650-16560-16514-16380 and the resistance to the up move is at 16940-17015-17111 levels.

BSE Sensex: (25736) The support for the Sensex is at 25660-25540-25445-25365 and the resistance to the up move is at 25885-25936-26016-26060 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Monday, December 21, 2015

equitypandit_square

Go Short in Market only if Nifty closes below 7700 levels

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened gap negative for the day. EquityPandit predicted that market is in positive zone but some sharp profit booking (negative movement) can’t be ruled out at this point of time and exactly same happened. Traders who followed EquityPandit’s advice might have earned huge profits for the day. Finally, Indian Stock Market closed gap negative for the day.

Today: Indian Stock Market would open negative. Technically, Indian Stock Market is still in positive zone but further downfall would be seen today on account of profit booking. Market is not able to sustain at higher levels. 7700 level is important level for Nifty, breaching which on the downside market would enter into negative zone and would see further downfall in days to come. BankNifty would enter into negative zone once it closes below levels of 16430 on spot basis. FIIs were net sellers of Rs.6.99 crores whereas DIIs were net sellers of Rs.404.98 crores in last trading session. Nifty would see strong support at 7715-7700-7680-7625 whereas strong resistance would be seen at 7770-7825-7864-7880 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (7762) The support for the Nifty is 7715-7700-7680-7625 and the resistance to the up move is at 7770-7825-7864-7888 levels.

NSE BankNifty: (16594) The support for BankNifty is at 16514-16380-16255-16200 and the resistance to the up move is at 16640-16700-16780-16940 levels.

BSE Sensex: (25519) The support for the Sensex is at 25445-25365-25288-25150 and the resistance to the up move is at 25540-25660-25750-25885 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Colgate Palmolive Outlook for the Week (December 21, 2015 – December 24, 2015)

EquityPandit’s Outlook for Colgate Palmoilve for the week (December 21, 2015 – December 24, 2015):

 

COLGATE PALMOLIVE:

 

 

COLPAL

 

 

Colgate Palmolive (NSE: COLPAL) closed the week on positive note gaining around 1.70%.

As we have mentioned last week that resistance for the stock lies in the zone of 990 where 200 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels 1000 where upper end of the downward sloping channel is positioned. During the week the stock manages to hit a high of 1009 and close the week around the levels of 992.

The stock has closed around the strong support zone of 990 where trend-line joining earlier highs and 200 Daily SMA is lying. If the stock closes below this levels then the stock can drift to the levels of 950 to 960 where 100 Daily SMA is positioned.

Resistance for the stock lies in the zone of 1010 where upper end of the downward sloping channel is positioned. If the stock manages to close above this levels then the stock can move to the levels of 1050.

Broad range for the stock is seen between 950 to 960 on lower end and 1010 to 1030 on upper end.

Dabur Outlook for the Week (December 21, 2015 – December 24, 2015)

EquityPandit’s Outlook for DABUR for the week (December 21, 2015 – December 24, 2015):

 

DABUR:

 

 

DABUR

 

 

Dabur closed the week on positive note gaining around 2.20%.

As we have mentioned last week that the stock has closed around the strong resistance zone of 275 to 280 where 100 & 200 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 290. During the week the stock manages to hit a high of 278.40 and retraced to close the week around the levels of 274.

The stock has closed around the strong resistance zone of 275 to 280 where 100 & 200 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 290.

Support for the stock lies in the zone of 265. If the stock breaks below this levels on closing basis then the stock can drift to the levels of 250 where long term trend-line support for the stock is lying.

Broad range for the stock is seen between 255 to 260 on lower end and 275 to 280 on upper end.

Hindustan Unilever Outlook for the Week (December 21, 2015 – December 24, 2015)

EquityPandit’s Outlook for Hindustan Unilever for the week (December 21, 2015 – December 24, 2015):

 

HINDUSTAN UNILEVER:

 

 

HINDUNILVR

 

 

HIND Unilever closed the week on positive note gaining around 4.20%.

As we have mentioned last week that support for the stock lies in the zone of 800 to 810 where trend-line support for the stock is lying. If the stock closes below this levels then the stock can drift to the levels of 775 to 780 where downward sloping trend-line for the stock is positioned. During the week the stock manages to hit a low of 813 and bounce to close the week around the levels of 857.

Support for the stock lies in the range of 830 where 100 Daily SMA is lying. If the stock closes below this levels then the stock can drift to the levels of 800 to 810 where trend-line support for the stock is lying.

Stock has closed around the strong resistance zone of 860 where 200 Daily SMA is lying. If the stock closes above the levels of 865 then the stock can move to the levels of 890 to 900 where trend-line joining earlier high is positioned.

Broad range for the stock in coming week is seen between 830 to 840 on downside and 880 to 890 on upside.

ITC Outlook for the Week (December 21, 2015 – December 24, 2015)

EquityPandit’s Outlook for ITC for the week (December 21, 2015 – December 24, 2015):

 

ITC:

 

 

ITC

 

 

ITC closed the week on negative note losing around 1.20%.

As we have mentioned last week that support for the stock lies in the zone 310 to 315 where 1000 Daily SMA and 200 Weekly SMA is positioned. If the stock closes below this levels then the stock can drift to the levels of 290 where the stock had made a medium term bottom. During the week the stock manages to hit a low of 316 and close around the lowest levels of the week.

Support for the stock lies in the zone 310 to 315 where 1000 Daily SMA and 200 Weekly SMA is positioned. If the stock closes below this levels then the stock can drift to the levels of 290 where the stock had made a medium term bottom.

Resistance for the stock lies in the zone of 325 to 330 where 100 & 200 Daily SMA are lying. If the stock closes above this levels then the stock can move to the levels of 340 where 500 Daily SMA and 100 Weekly SMA are positioned.

Broad range for the stock in coming week is seen between 305 to 310 on downside and 330 to 335 on upside.

Cipla Outlook for the Week (December 21, 2015 – December 24, 2015)

EquityPandit’s Outlook for Cipla for the week (December 21, 2015 – December 24, 2015):

 

CIPLA:

 

 

CIPLA

 

 

CIPLA closed the week on positive note gaining around 0.50%.

As we have mentioned last week that resistance for the stock lies in the zone of 650 where short term moving averages and upward sloping trend-line resistance for the stock is positioned. If the stock closes above this levels then the stock can move to the levels of 665 where 100 & 200 Daily SMA are positioned. During the week the stock manages to hit a high of 649 and retraced to close the week around the levels of 642.

Support for the stock lies in the zone of 620 where trend-line support for the stock is positioned. If the stock closes below this levels then the stock can drift to the levels of 570 where 500 Daily SMA and 100 Weekly SMA are positioned.

Resistance for the stock lies in the zone of 650 where short term moving averages and upward sloping trend-line resistance for the stock is positioned. If the stock closes above this levels then the stock can move to the levels of 665 where 100 & 200 Daily SMA are positioned.

Broad range for the stock is seen in the range of 620 – 625 on downside to 655 – 660 on upside.

Dr. Reddy Outlook for the Week (December 21, 2015 – December 24, 2015)

EquityPandit’s Outlook for Dr. Reddy for the week (December 21, 2015 – December 24, 2015):

 

DR. REDDY:

 

 

DRREDDY

 

 

Dr Reddy closed the week on absolutely flat note.

As we have mentioned last week that resistance for the stock lies in the range of 3050 to 3100 from where the stock has broken down after forming a double bottom. If the stock manages to close above the levels of 3100 then the stock can move to the levels of 3200 where 500 Daily SMA and 100 Weekly SMA is lying. During the week the stock manages to hit a high of 3064 and retraced to close the week around the levels of 2974.

The stock is trading around the support zone of 2940 from where the stock has broken out in the month of August – 2014. If the stock closes below this levels then the stock can drift to the levels of 2500 where 1000 Daily SMA and 200 Weekly SMA are lying.

Resistance for the stock lies in the range of 3050 to 3100 from where the stock has broken down after forming a double bottom. If the stock manages to close above the levels of 3100 then the stock can move to the levels of 3200 where 500 Daily SMA and 100 Weekly SMA is lying.

The stock has formed a Inverted Hammer pattern on weekly charts in a downtrend indicating the trend reversal or exhaustion in selling pressure.

Broad range for the stock is seen from 2780 – 2800 on downside to 3100 – 3150 on upside.

Lupin Outlook for the Week (December 21, 2015 – December 24, 2015)

EquityPandit’s Outlook for Lupin for the week (December 21, 2015 – December 24, 2015):

 

LUPIN:

 

 

LUPIN

 

 

Lupin closed the week on positive note gaining around 2.50%.

As we have mentioned last week that resistance for the stock lies in the range of 1780 to 1800 where short term moving averages are lying. If the stock manages to close above this levels then the stock can move to the levels of 1840 to 1870 where 100 & 200 Daily SMA are positioned. During the week the stock manages to hit a high of 1846.6 and retraced to close the week around the levels of 1784.

Support for the stock lies in the range of 1730 to 1750 where the stock has made the short term bottom. If the stock closes below this levels then the stock can drift to the levels of 1680.

The stock has closed around the strong resistance zone of 1780 to 1800 where short term moving averages are lying. If the stock manages to close above this levels then the stock can move to the levels of 1840 to 1870 where 100 & 200 Daily SMA are positioned.

Broad range for the stock is seen from 1700 – 1730 on downside to 1830 – 1850 on upside.

Sun Pharma Outlook for the Week (December 21, 2015 – December 24, 2015)

EquityPandit’s Outlook for Sun Pharma for the week (December 21, 2015 – December 24, 2015):

 

SUN PHARMA:

 

 

SUNPHARMA

 

 

SUN PHARMA closed the week on positive note gaining around 4.30%.

As we have mentioned last week that the resistance for the stock lies in the zone of 790 to 800 where 500 Daily SMA, 100 Weekly SMA and trend-line resistance for the stock is lying. If the stock manages to close above this levels then the stock can move to the levels of 850 where 100 Daily SMA is positioned. During the week the stock manages to hit a high of 809 and retraced to close the week around the levels of 790.

Support for the stock lies in the zone of 750 to 760. If the stock closes below this levels then the stock can drift to the levels of 710 to 720 where the stock has formed a medium term support.

The stock is trading around the strong resistance zone of 790 to 800 where 500 Daily SMA, 100 Weekly SMA and trend-line resistance for the stock is lying. If the stock manages to close above this levels then the stock can move to the levels of 850 where 100 Daily SMA is positioned.

Broad range for the stock in the coming week can be 760 – 770 on lower side to 810 – 820 on upper side.

Wipro Outlook for the Week (December 21, 2015 – December 24, 2015)

EquityPandit’s Outlook for Wipro for the week (December 21, 2015 – December 24, 2015):

 

WIPRO:

 

 

WIPRO

 

 

Wipro closed the week on negative note losing around 2.30%.

As we have mentioned last week that resistance for the stock lies in the zone of 570 to 580 where 100 & 200 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 600. During the week the stock manages to hit a high of 570 and corrected to close the week around the levels of 553.

Support for the stock lies in the zone of 540 to 545 where trend-line support for the stock is lying. If the stock closes below this levels then the stock will break the trend-line support which is holding the stock since the month of April – 2015.

Resistance for the stock lies in the zone of 570 to 580 where 100 & 200 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 600.

Broad range for the stock in the coming week is seen between 540 to 545 on downside to 565 to 570 on upside.

HCL Tech Outlook for the Week (December 21, 2015 – December 24, 2015)

EquityPandit’s Outlook for HCL Tech for the week (December 21, 2015 – December 24, 2015):

 

HCL TECHNOLOGIES:

 

 

HCLTECH

 

 

 

HCL Technologies (NSE: HCLTECH) closed the week on positive note gaining around 0.50%.

As we have mentioned last week that the stock is trading around the support zone of 830 where 100 Weekly SMA is lying. If the stock closes below this levels then the stock can drift to the levels of 800 to 810 where 500 Daily SMA and trend-line support for the stock is lying. During the week the stock manages to hit a low of 826 and bounce to close the week around the levels of 845.

The stock is trading around the support zone of 840 where 100 Weekly SMA is lying. If the stock closes below this levels then the stock can drift to the levels of 815 to 825 where 500 Daily SMA and trend-line support for the stock is lying.

Resistance for the stock lies in the zone of 865. If the stock manages to close above this levels then the stock can move to the levels of 880 to 890 where 100 Daily SMA is positioned.

Broad range for the stock in the coming week is seen between 820 to 830 on downside to 860 to 870 on upside.

TCS Outlook for the Week (December 21, 2015 – December 24, 2015)

EquityPandit’s Outlook for TCS for the week (December 21, 2015 – December 24, 2015):

 

TATA CONSULTANCY SERVICES:

 

 

TCS

 

 

TCS closed the week on positive note gaining around 1.00%.

As we have mentioned last week that resistance for the stock lies in the zone of 2420 to 2440 where 500 Daily SMA and 100 Weekly SMA are positioned. If the stock closes above this levels then the stock can move to the levels of 2500 where trend-line resistance for the stock is lying. During the week the stock manages to hit a high of 2445 and retraced to close the week around the levels of 2410.

Support for the stock lies in the zone of 2350 to 2370. If the stock closes below this levels then the stock can drift to the levels of 2320 where the stock has formed a short term bottom.

Resistance for the stock lies in the zone of 2430 to 2440 where 500 Daily SMA and 100 Weekly SMA are positioned. If the stock closes above this levels then the stock can move to the levels of 2500 where trend-line resistance and 100 Daily SMA for the stock is lying.

Broad range for the stock in the coming week is seen between 2350 to 2370 on downside to 2430 to 2450 on upside.

Infosys Outlook for the Week (December 21, 2015 – December 24, 2015)

EquityPandit’s Outlook for Infosys for the week (December 21, 2015 – December 24, 2015):

 

INFOSYS:

 

 

INFY

 

 

INFOSYS  (NSE: INFY) closed the week on positive note gaining around 3.10%.

As we have mentioned last week that the stock has closed around the strong resistance zone of 1070 to 1090 where 100 & 200 Daily SMA are positioned. If the stock closes above this levels then the stock can move to the levels of 1120. During the week the stock manages to hit a high of 1110 and retraced to close the week around the levels of 1086.

Support for the stock lies in the zone of 1065 where 200 Daily SMA is lying. If the stock closes below this levels then the stock can drift to the levels of 1040 to 1045 where trend-line support for the stock is positioned.

Resistance for the stock lies in the zone of 1100 to 1110 where 100 Daily SMA and channel resistance for the stock is positioned. If the stock manages to close above this levels then the stock can move to the levels of 1160.

Broad range for the stock in the coming week is seen between 1040 to 1050 on downside to 1110 to 1120 on upside.

SBI Outlook for the Week (December 21, 2015 – December 24, 2015)

EquityPandit’s Outlook for SBI for the week (December 21, 2015 – December 24, 2015):

 

STATE BANK OF INDIA:

 

 

SBIN

 

 

State Bank Of India (NSE: SBIN) closed the week on negative note losing around 0.50%.

As we have mentioned last week that the stock has closed around the strong support zone of 225 where 1000 Daily SMA and 200 Weekly SMA are positioned. If the stock closes below this levels then the stock can drift to the levels of 210 to 213 where 100 Monthly SMA is positioned. During the week the stock manages to hit a low of 224 and close the week around the levels of 226.

The stock has closed around the strong support zone of 225 where 1000 Daily SMA and 200 Weekly SMA are positioned. If the stock closes below this levels then the stock can drift to the levels of 210 to 213 where 100 Monthly SMA is positioned.

Resistance for the stock lies in the zone of 235 from where the stock has broken the long term support. If the stock manages to close above this levels then the stock can move to the levels of 245 to 250 where 100 Daily SMA, 500 Daily SMA and 100 Weekly SMA are lying.

The stock has formed a Inverted Hammer pattern on weekly charts in a downtrend indicating the trend reversal or exhaustion in selling pressure.

Broad range for the stock in the coming week can be 210 – 215 on lower side to 235 – 240 on upper side.

Axis Bank Outlook for the Week (December 21, 2015 – December 24, 2015)

EquityPandit’s Outlook for Axis Bank for the week (December 21, 2015 – December 24, 2015):

 

AXIS BANK:

 

 

AXISBANK

 

 

Axis Bank closed the week on negative note losing around 2.0%.

As we have mentioned last week that resistance for the stock lies in the zone of 445 to 450 from where the stock has broken down the descending triangle pattern. If the stock closes above this levels then the stock can move to the levels of 460 to 465. During the week the stock manages to hit a high of 443.65 and retraced to close the around the levels of 432.

The stock has close below the strong support zone of 440 to 445 where 500 Daily SMA and 100 Weekly SMA are positioned. If the stock does not sustain above this levels then the stock can drift to the levels of 425 from where the stock has broken out in the month of October – 2014.

Resistance for the stock lies in the zone of 445 to 450 from where the stock has broken down the descending triangle pattern. If the stock closes above this levels then the stock can move to the levels of 460 to 465.

The stock has formed a Inverted Hammer pattern on weekly charts in a downtrend indicating the exhaustion in selling pressure.

Broad range for the stock in the coming week can be 420 – 425 on lower side to 450 – 455 on upper side.

ICICI Bank Outlook for the Week (December 21, 2015 – December 24, 2015)

EquityPandit’s Outlook for ICICI Bank for the week (December 21, 2015 – December 24, 2015):

 

ICICI BANK:

 

 

ICICIBANK

 

 

ICICI Bank closed the week on absolutely flat note.

As we have mentioned last week that support for the stock lies in the zone of 240 to 245 where 1000 Daily SMA and 200 Weekly SMA are positioned. If the stock closes below this levels then the stock can drift to the levels of around 210 where 100 Monthly SMA is lying. During the week the stock manages to hit a low of 243 and bounce to close the week around the levels of 250.

Support for the stock lies in the zone of 240 to 245 where 1000 Daily SMA and 200 Weekly SMA are positioned. If the stock closes below this levels then the stock can drift to the levels of around 210 where 100 Monthly SMA is lying.

Resistance for the stock lies in the zone of 256 from where the stock has broken down from the Head & Shoulder pattern. If the stock manages to close above this levels then the stock can move to the levels of 265 to 270 where long term trend-line resistance for the stock is positioned.

Broad range for the stock in the coming week can be 235 – 240 on lower side to 260 – 265 on upper side.

HDFC Bank Outlook for the Week (December 21, 2015 – December 24, 2015)

EquityPandit’s Outlook for HDFC Bank for the week (December 21, 2015 – December 24, 2015):

 

HDFC BANK:

 

 

HDFCBANK

 

 

HDFC Bank closed the week on positive note gaining around 2.60%.

As we have mentioned last week that support for the stock lies in the zone of 1045 to 1050 where 200 Daily SMA and trend-line support for the stock is lying. If the stock closes below this levels then the stock can drift to the levels of 980 where channel support for the stock is positioned. During the week the stock manages to hit a low of 1040 and bounce to close the week around the levels of 1073.

Stock has closed around the support zone of 1070 where 100 Daily SMA is lying. If the stock closes below this levels then the stock can drift to the levels of 1045 to 1050 where 200 Daily SMA and trend-line support for the stock is positioned.

Resistance for the index lies in the zone of 1085 to 1090 where the stock has made a top on 02/12/2015. If the stock manages to close above this levels then the stock can move to the levels of 1130 where the stock has made the lifetime high.

Broad range for the stock in the coming week can be 1045 – 1050 on lower side to 1090 – 1100 on upper side.

Nifty Energy Outlook for the Week (December 21, 2015 – December 24, 2015)

EquityPandit’s Outlook for NIFTY ENERGY for the week (December 21, 2015 – December 24, 2015):

 

NIFTY ENERGY:

 

 

NIFTYENERG

 

 

Nifty ENERGY index closed the week on positive note gaining around 3.40%.

As we have mentioned last week that strong resistance for the index lies in the zone of 8100 to 8150 where 100 & 1000 Daily SMA are positioned. If the index manages to close above this levels then the index can move to the levels of 8300 where 200 Daily SMA and 200 Weekly SMA are lying. During the week the index manages to hit a high of 8373 and retraced to close the week around the levels of 8275.

Support for the index lies in the zone of 8100 to 8150 where 1000 Daily SMA is lying. If the index closes below this levels then the index can drift to the levels of 8000 where 100 Daily SMA is positioned.

Index has closed around the strong resistance of 8300 where 200 Daily SMA and 200 Weekly SMA are lying. If the index manages to close above this levels then the index can move to the levels of 8600 where 500 Daily SMA and 100 Weekly SMA are positioned.

Broad range for the index is seen between 8000 to 8050 on downside to 8350 to 8400 on upside.

Nifty Auto Outlook for the Week (December 21, 2015 – December 24, 2015)

EquityPandit’s Outlook for NIFTY Auto for the week (December 21, 2015 – December 24, 2015):

 

NIFTY AUTO:

 

 

NIFTYAUTO

 

 

Nifty AUTO index closed the week on positive note gaining around 1.80%.

As we have mentioned last week that strong resistance for the index lies in the zone of 8200 where short term moving averages and 100 Daily SMA are lying. If the index manages to close above this levels then the index can move to the levels of 8300 where 200 Daily SMA is positioned. During the week the index manages to hit a high of 8165 and retraced to close the week around the levels of 8088.

Support for the index lies in the zone of 7900 where trend-line joining earlier lows is positioned. If the index closes below this levels then the index can drift to the levels of 7450 to 7500 where 500 Daily SMA and 100 Weekly SMA are positioned.

Strong resistance for the index lies in the zone of 8200 where short term moving averages and 100 Daily SMA are lying. If the index manages to close above this levels then the index can move to the levels of 8300 where 200 Daily SMA is positioned.

Broad range for the index is seen from 7850 to 7900 on downside to 8150 to 8200 on upside.

Nifty Pharma Outlook for the Week (December 21, 2015 – December 24, 2015)

EquityPandit’s Outlook for NIFTY Pharma for the week (December 21, 2015 – December 24, 2015):

 

NIFTY PHARMA:

 

 

NIFTYPHARM

 

 

Nifty PHARMA index closed the week on positive note gaining around 2.40%.

As we have mentioned last week that the index has closed around the support zone of 11600. If the index does not manage to close above the levels of 11600 then the index can drift to the levels of 11000 to 11200 where trend-line and channel support for the index is positioned. During the week the index manages to hit a low of 11202 and bounce to close the week around the levels of 11380.

Support for the index lies in the zone of 11500. If the index close below this levels then the index can drift to the levels of 11000 to 11200 where trend-line and channel support for the index is positioned.

Resistance for the index lies in the zone of 11800 to 112000 where short term moving averages and a gap which was created by the index on 09/11/2015 are positioned. If the index close above this levels then the index can move to the levels of 12500 where 100 & 200 Daily SMA are lying.

Broad range for the index is seen from 11300 to 11400 on downside to 11800 to 12000 on upside.

Nifty FMCG Outlook for the Week (December 21, 2015 – December 24, 2015)

EquityPandit’s Outlook for NIFTY FMCG for the week (December 21, 2015 – December 24, 2015):

 

NIFTY FMCG:

 

 

NIFTYFMCG

 

 

Nifty FMCG index closed the week on positive note gaining around 1.0%.

As we have mentioned last week that the support for the index lies in the zone of 19100 to 19300 where long term trend-line, 500 Daily SMA and 100 Weekly SMA are positioned. If the index close below this levels then the index can drift to the levels of 18000 and the index can witness the free fall as no support is visible in near term. During the week the index manages to hit a low of 19495 and bounce to close the week around the levels of 19802.

Resistance for the index lies in the zone of 20100 to 20200 where 100 & 200 Daily SMA are positioned. If the index manages to close above this levels then the index can move to the levels of 20700 where trend-line joining earlier high is positioned.

Support for the index lies in the zone of 19100 to 19300 where long term trend-line, 500 Daily SMA and 100 Weekly SMA are positioned. If the index close below this levels then the index can drift to the levels of 18000 and the index can witness the free fall as no support is visible in near term.

Broad range for the index in the coming week is seen from 19200 on downside to 20400 on upside.

Nifty IT Outlook for the Week (December 21, 2015 – December 24, 2015)

EquityPandit’s Outlook for NIFTY IT for the week (December 21, 2015 – December 24, 2015):

 

NIFTY IT:

 

 

NIFTYIT

 

 

Nifty IT index ended the week on positive note gaining around 0.60%.

As we have mentioned last week that the support for the index lies in the zone of 10800 to 10900 where 500 Daily SMA and 100 Weekly SMA are positioned. If the index closes below this levels then the index can be in a free fall zone where no support is visible. During the week the index manages to hit a low of 10940 and bounce to close the week around the levels of 11105.

Support for the index lies in the zone of 10800 to 10900 where 500 Daily SMA and 100 Weekly SMA are positioned. If the index closes below this levels then the index can be in a free fall zone where no support is visible.

Resistance for the index lies in the zone of 11100 where channel resistance for the index is lying. If the index manages to close above this levels then the index can move to the levels of 11300 to 11400 where trend-line resistance for the index is positioned.

The index has been consolidating in the range of 10800 on downside to 11300 on upside since last 05 weeks. A breakout on either side will move the index further 4% to 5% in that direction.

Broad range for the index in the coming week is seen from 10800 on downside to 11300 on upside.

Nifty Bank Outlook for the Week (December 21, 2015 – December 24, 2015)

EquityPandit’s Outlook for Nifty Bank for the week (December 21, 2015 – December 24, 2015):

 

NIFTY BANK:

 

 

BANKNIFTY

 

 

Nifty Bank ended the week on positive note gaining around 1.60%.

As we have mentioned last week that the support for the index lies in the zone of 15800 to 16000 where trend-line and 500 Daily SMA are lying. If the index closes below this levels then the index can drift to the levels of 15100 where trend-line joining earlier lower lows is positioned. During the week the index manages to hit a low of 16188 and bounce to close the week around the levels of 16600.

Support for the index lies in the zone of 16500 where neckline of the Head & Shoulder pattern and 100 Weekly SMA are positioned. If the index closes below this levels then the index can drift to the levels of 15800 to 16000 where trend-line and 500 Daily SMA are lying.

Resistance for the index lies in the zone of 16800 to 17000 where short term moving averages are lying. If the index manages to close above this levels then the index can move to the levels of 17500 where 100 Daily SMA is positioned.

Range for the week is seen from 16000 to 16200 on downside to 16900 to 17100 on upside.

Nifty Outlook for the Week (December 21, 2015 – December 24, 2015)

EquityPandit’s Outlook for Nifty for week (December 21, 2015 – December 24, 2015):

 

NIFTY:

 

 

NSE Nifty

 

 

Nifty ended the week on positive note gaining around 2.0%.

As we have mentioned last week that support for the index lies in the range of 7540 where the index has made a medium term bottom in the month of September – 2015. If the index closes below this levels then the index can drift to the levels of 7200 where lower end of the channel is positioned. The index is moving in this channel since the month of February – 2015. During the week the index manages to hit a low of 7551 and bounce to close the week around the levels of 7763.

Support for the index lies in the range of 7540 where the index has made a medium term bottom in the month of September – 2015. If the index closes below this levels then the index can drift to the levels of 7200 where lower end of the channel is positioned. The index is moving in this channel since the month of February – 2015.

Resistance for the index lies in the zone of 7850 to 7900 where short term moving averages and 100 Weekly SMA are lying. If the stock manages to close above this levels then the stock can move to the levels of 8000 where 100 Daily SMA is positioned.

Broad range for the week is seen from 7600 on downside to 7900 on upside.

Share Market Tips for – Friday, December 18, 2015

equitypandit_square

Market in positive zone but would see sharp profit booking today

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened positive for the day. EquityPandit predicted that Nifty and BankNifty has entered into positive zone and traders should go long at this point of time and exactly same happened. EquityPandit also predicted that FED rate hike would provide a positive jerk to the Indian Stock Market and exactly same happened. Traders, who followed EquityPandit’s advice to go long in last trading session, might have earned huge profits for the day. BankNifty saw strong resistance right near EquityPandit’s predicted resistance levels of 16780. Finally, Indian stock Market closed gap positive for the day.

Today: Indian Stock Market would open gap negative. Technically, Nifty and BankNifty are still in positive zone but some sharp profit booking (negative movement) can’t be ruled out at this point of time. We may see some negative trends in the market for today. The strategy is to go long only at dips. Overall Market is still positive but the positive momentum is not strong enough as of now. Breaching EquityPandit’s predicted resistance levels would force market to see a sharp breakout from consolidation. FIIs were net buyers of Rs.638.01 crores whereas DIIs were net sellers of Rs.366.23 crores in last trading session. Nifty would see strong support at 7715-7680-7625-7600 whereas strong resistance would be seen at 7770-7825-7864-7880 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (7844) The support for the Nifty is 7780-7735-7715-7680 and the resistance to the up move is at 7864-7888-7925-7980 levels.

NSE BankNifty: (16742) The support for BankNifty is at 16650-16560-16514-16380 and the resistance to the up move is at 16780-16940-17015-17111 levels.

BSE Sensex: (25804) The support for the Sensex is at 25660-25540-25445-25365 and the resistance to the up move is at 25885-25936-26016-26060 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Thursday, December 17, 2015

equitypandit_square

Nifty and Bank Nifty, both in positive zone, continue long positions in the market for now

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened positive for the day. EquityPandit predicted that Nifty has already entered into positive zone and now further positive movement can be seen. EquityPandit also predicted that BankNifty would enter into positive zone if it breaches levels of 16535 where traders can go long in the market and exactly same happened. Traders, who followed EquityPandit’s advice might have earned huge profits for the day. Finally, Indian Stock Market closed positive for the day just below EquityPandit’s predicted resistance levels.

Today: Indian Stock Market would open positive for the day. Nifty and BankNifty, both have entered into positive zone. Traders should go long at this point of time. US FED hiked rate by 25 bps for the first time since 2006 and it would give a positive jerk to the Indian Market but overall FIIs would see further outflows from Indian Market. Overall Market would consolidate in broad range but traders should hold long positions as of now. FIIs were net sellers of Rs.503.22 crores whereas DIIs were net buyers of Rs.1024.03 crores in last trading session. Nifty would see strong support at 7715-7680-7625-7600 whereas strong resistance would be seen at 7770-7825-7864-7880 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (7751) The support for the Nifty is 7715-7680-7625-7600 and the resistance to the up move is at 7770-7825-7864-7880 levels.

NSE BankNifty: (16579) The support for BankNifty is at 16514-16380-16255-16060 and the resistance to the up move is at 16640-16700-16780-16940 levels.

BSE Sensex: (25494) The support for the Sensex is at 25365-25288-25150-25060 and the resistance to the up move is at 25540-25660-25750-25885 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Wednesday, December 16, 2015

equitypandit_square

Nifty entered into positive zone, go long in the market

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened positive for the day. EquityPandit predicted that market would see some further short covering and if it closes above levels of 7700 then market would enter into positive zone and traders can go long in that case and same happened. Traders, who followed EquityPandit’s advice might have earned decent profits for the day. Nifty closed right at EquityPandit’s predicted resistance levels of 7700. Sensex also closed right at EquityPandit’s predicted resistance levels of 25320 like a dot. Finally, Indian Stock Market closed positive for the day.

Today: Indian Stock Market would open positive for the day. Nifty has already entered into positive zone and now further positive movement can be seen. BankNifty is still in negative zone and would enter into positive zone once it closes above 16535 levels. Traders should go long at this point of time and if BankNifty also closes in positive zone then traders can take long positions home. FED Rate Hike decision that would be disclosed tonight would impact Indian Stock Market, going ahead. FIIs were net buyers of Rs.48.67 crores whereas DIIs were net buyers of Rs.273.93 crores in last trading session. Nifty would see strong support at 7625-7600-7545-7500 whereas strong resistance would be seen at 7725-7770-7825 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (7701) The support for the Nifty is 7625-7600-7545-7500 and the resistance to the up move is at 7725-7770-7825 levels.

NSE BankNifty: (16399) The support for BankNifty is at 16255-16060-15933-15760 and the resistance to the up move is at 116441-16540-16700 levels.

BSE Sensex: (25320) The support for the Sensex is at 25150-25060-24950-24850 and the resistance to the up move is at 25412-25540-25660-25750 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Tuesday, December 15, 2015

equitypandit_square

Market to open flat, further movement would be dependent on FED Rate Hike Decision

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened gap negative with 50 points for Nifty and 110 points for Sensex. Nifty saw strong support near EquityPandit’s predicted support levels of 7545 levels. Sensex also saw strong support near EquityPandit’s predicted support levels of 24850. Finally, Indian Stock Market rebounded from there and closed flat with positive bias for the day.

Today: Indian Stock Market would open flat for the day. Nifty and BankNifty are still in negative zone. Some short covering would be seen but if Nifty is able to breach the levels of 7700 and BankNifty is able to breach 16540 levels then further positive movement would be seen in days to come. Now, few events like FED Rate Hike and National Herald Case of Congress would decide the further movement in the market. Overall, market is negative and if it is not able to close in positive zone, then we would see a sharp breakdown in days to come. FIIs were net sellers of Rs.157.07 crores whereas DIIs were net buyers of Rs.386.47 crores in last trading session. Nifty would see strong support at 7600-7545-7500-7447 whereas strong resistance would be seen at 7700-7725-7770-7825 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (7650) The support for the Nifty is 7600-7545-7500-7447 and the resistance to the up move is at 7700-7725-7770-7825 levels.

NSE BankNifty: (16351) The support for BankNifty is at 16218-16060-15933-15760 and the resistance to the up move is at 16380-16441-16540-16700 levels.

BSE Sensex: (25150) The support for the Sensex is at 24950-24850-24745-24626 and the resistance to the up move is at 25210-25260-25320-25540 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Monday, December 14, 2015

equitypandit_square

Further downfall would be seen in Indian Stock Market

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened flat for the day. EquityPandit predicted that If Nifty breaches levels of 7600 on downside then Market would see further downfall and exactly same happened. EquityPandit was first to predict the downfall in BankNifty at 17290 levels and all BankNifty package subscribers had generated huge profits till now. Traders, who followed EquityPandit’s advice might have earned huge profits in this downfall. Market saw highs right near EquityPandit’s predicted resistance levels of 7700 for Nifty and 25320 for Sensex like a dot but was not able to hold those levles and fell down sharply from there. BankNifty has seen a sharp breakdown and generated huge profits for EquityPandit’s followers. BankNifty closed right above EquityPandit’s predicted support levels of 16320. Nifty also closed just above EquityPandit’s predicted support levels of 7600. Finally, Indian Stock Market closed gap negative for the day.

Today: Indian Stock Market would open gap negative with 40-80 points for Nifty and 100-240 points for Sensex. Indian Stock Market, including Nifty, BankNifty and Sensex, all are in negative zone as per EquityPandit’s well-known Mathematical Model. Further downfall would be seen in BankNifty and we can witness levels below 16000 upto 15700-15500 in days to come if Nifty doesn’t holds 7500 levels. Now 7500 levels for Nifty is a make or break level that has maximum open interest. If Nifty breaches levels of 7500, then it would fall sharply upto 7200 levels. Traders, should continue holding remaining short positions in BankNifty to generate huge profits. Every upmove would be an opportunity for traders to go short, without any doubt. Interstingly, FIIs and DIIs were both buyers in Indian Stock Market on Friday. FIIs were net buyers of Rs.253.73 crores whereas DIIs were net buyers of Rs.292.88 crores in last trading session. Nifty would see strong support at 7545-7500-7447-7420 whereas strong resistance would be seen at 7700-7770-7825 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (7610) The support for the Nifty is 7545-7500-7447-7420 and the resistance to the up move is at 7700-7770-7825 levels.

NSE BankNifty: (16342) The support for BankNifty is at 16218-16060-15933-15760 and the resistance to the up move is at 16380-16540-16700-16780 levels.

BSE Sensex: (25044) The support for the Sensex is at 24950-24850-24745-24626 and the resistance to the up move is at 25110-25260-25320-25540 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Colgate Palmolive Outlook for the Week (December 14, 2015 – December 18, 2015)

EquityPandit’s Outlook for Colgate Palmoilve for the week (December 14, 2015 – December 18, 2015):

 

COLGATE PALMOLIVE:

 

 

COLPAL

 

 

Colgate Palmolive (NSE: COLPAL) closed the week on absolutely flat note.

As we have mentioned last week that resistance for the stock lies in the zone of 990 where 200 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels 1000 where upper end of the downward sloping channel is positioned. During the week the stock manages to hit a high of 1003 and sold off to the levels of 957 before closing the week around the levels of 976.

Support for the stock lies in the zone of 935 to 940 from where the stock has broken out. If the stock breaks below this levels on closing basis then the stock can drift to the levels of 885 where channel support for the stock is lying.

Resistance for the stock lies in the zone of 990 where 200 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels 1000 where upper end of the downward sloping channel is positioned.

The stock has formed a Doji pattern on weekly charts in an uptrend indicating the trend reversal or consolidation at the current levels.

Broad range for the stock is seen between 940 to 950 on lower end and 990 to 1000 on upper end.

Dabur Outlook for the Week (December 14, 2015 – December 18, 2015)

EquityPandit’s Outlook for DABUR for the week (December 14, 2015 – December 18, 2015):

 

DABUR:

 

 

DABUR

 

 

Dabur closed the week on negative note losing around 1.50%.

As we have mentioned last week that the stock has closed around the strong resistance zone of 275 to 280 where 100 & 200 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 290. During the week the stock manages to hit a high of 278.85 and retraced to close the week around the levels of 268.

The stock has closed around the strong resistance zone of 275 to 280 where 100 & 200 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 290.

Support for the stock lies in the zone of 265. If the stock breaks below this levels on closing basis then the stock can drift to the levels of 250 where long term trend-line support for the stock is lying.

Broad range for the stock is seen between 255 to 260 on lower end and 275 to 280 on upper end.

Hindustan Unilever Outlook for the Week (December 14, 2015 – December 18, 2015)

EquityPandit’s Outlook for Hindustan Unilever for the week (December 14, 2015 – December 18, 2015):

 

HINDUSTAN UNILEVER:

 

 

HINDUNILVR

 

 

HIND Unilever closed the week on positive note gaining around 0.90%.

As we have mentioned last week that resistance for the stock lies in the zone of 840 where 100 Daily SMA is positioned. If the stock manages to close above this levels then the stock can move to the levels of 860 where 200 Daily SMA is lying. During the week the stock manages to hit a high of 839.8 and retraced to close the week around the levels of 822.

Support for the stock lies in the zone of 800 to 810 where trend-line support for the stock is lying. If the stock closes below this levels then the stock can drift to the levels of 775 to 780 where downward sloping trend-line for the stock is positioned.

Resistance for the stock lies in the zone of 835 to 840 where 100 Daily SMA is positioned. If the stock manages to close above this levels then the stock can move to the levels of 860 where 200 Daily SMA is lying.

Broad range for the stock in coming week is seen between 800 to 810 on downside and 840 to 850 on upside.

ITC Outlook for the Week (December 14, 2015 – December 18, 2015)

EquityPandit’s Outlook for ITC for the week (December 14, 2015 – December 18, 2015):

 

ITC:

 

 

ITC

 

 

ITC closed the week on negative note losing around 4.50%.

As we have mentioned last week that resistance for the stock lies in the zone of 340 to 345 where 500 Daily SMA and 100 Weekly SMA is lying. If the stock manages to close above this levels then the stock can move to the levels of 360 from where the stock has sold off in previous occasions. During the week the stock manages to hit a high of 336 and sold off to close the week around the levels of 321.

Support for the stock lies in the zone 310 to 315 where 1000 Daily SMA and 200 Weekly SMA is positioned. If the stock closes below this levels then the stock can drift to the levels of 290 where the stock had made a medium term bottom.

Resistance for the stock lies in the zone of 330 where 100 & 200 Daily SMA are lying. If the stock closes above this levels then the stock can move to the levels of 340 where 500 Daily SMA and 100 Weekly SMA are positioned.

Broad range for the stock in coming week is seen between 305 to 310 on downside and 330 to 335 on upside.

Cipla Outlook for the Week (December 14, 2015 – December 18, 2015)

EquityPandit’s Outlook for Cipla for the week (December 14, 2015 – December 18, 2015):

 

CIPLA:

 

 

CIPLA

 

 

CIPLA closed the week on negative note losing around 1.0%.

As we have mentioned last week that resistance for the stock lies in the zone of 650 where short term moving averages and upward sloping trend-line resistance for the stock is positioned. If the stock closes above this levels then the stock can move to the levels of 665 where 100 & 200 Daily SMA are positioned. During the week the stock manages to hit a high of 654 and retraced to close the week around the levels of 640.

Support for the stock lies in the zone of 620 where trend-line support for the stock is positioned. If the stock closes below this levels then the stock can drift to the levels of 570 where 500 Daily SMA and 100 Weekly SMA are positioned.

Resistance for the stock lies in the zone of 650 where short term moving averages and upward sloping trend-line resistance for the stock is positioned. If the stock closes above this levels then the stock can move to the levels of 665 where 100 & 200 Daily SMA are positioned.

Broad range for the stock is seen in the range of 610 – 615 on downside to 650 – 655 on upside.

Dr. Reddy Outlook for the Week (December 14, 2015 – December 18, 2015)

EquityPandit’s Outlook for Dr. Reddy for the week (December 14, 2015 – December 18, 2015):

 

DR. REDDY:

 

 

DRREDDY

 

 

Dr Reddy closed the week on negative note losing around 7.10%.

As we have mentioned last week that resistance for the stock lies in the zone of 3200 where 500 Daily and 100 Weekly SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 3350 from where the stock has opened gap down on 26/11/2015. During the week the stock manages to hit a high of 3205 and sold off to close the week around the levels of 2969.

The stock is trading around the support zone of 2940 from where the stock has broken out in the month of August – 2014. The stock is in the free fall and every bounce should be used to sell the stock. If the stock closes below this levels then the stock can drift to the levels of 2500 where 1000 Daily SMA and 200 Weekly SMA are lying.

Resistance for the stock lies in the range of 3050 to 3100 from where the stock has broken down after forming a double bottom. If the stock manages to close above the levels of 3100 then the stock can move to the levels of 3200 where 500 Daily SMA and 100 Weekly SMA is lying.

Broad range for the stock is seen from 2780 – 2800 on downside to 3100 – 3150 on upside.

Lupin Outlook for the Week (December 14, 2015 – December 18, 2015)

EquityPandit’s Outlook for Lupin for the week (December 14, 2015 – December 18, 2015):

 

LUPIN:

 

 

LUPIN

 

 

Lupin closed the week on negative note losing around 3.60%.

As we have mentioned last week that strong resistance for the stock lies in the zone of 1840 to 1870 where 100 & 200 Daily SMA are positioned. If the stock closes above this levels then the stock can move to the levels of 1900. During the week the stock manages to hit a high of 1836 and sold off to close the week around the levels of 1740.

Support for the stock lies in the range of 1688. If the stock closes below the levels of 1688 then the stock can drift to the levels of 1600 where channel support for the stock is lying.

Resistance for the stock lies in the range of 1780 to 1800 where short term moving averages are lying. If the stock manages to close above this levels then the stock can move to the levels of 1840 to 1870 where 100 & 200 Daily SMA are positioned.

Broad range for the stock is seen from 1630 – 1650 on downside to 1800 – 1820 on upside.

Sun Pharma Outlook for the Week (December 14, 2015 – December 18, 2015)

EquityPandit’s Outlook for Sun Pharma for the week (December 14, 2015 – December 18, 2015):

 

SUN PHARMA:

 

 

SUNPHARMA

 

 

SUN PHARMA closed the week on absolutely flat note.

As we have mentioned last week that the resistance for the stock lies in the zone of 790 to 800 where 500 Daily SMA, 100 Weekly SMA and trend-line resistance for the stock is lying. If the stock manages to close above this levels then the stock can move to the levels of 850 where 100 Daily SMA is positioned. During the week the stock manages to hit a high of 781.5 and retraced to close the week around the levels of 758.

Support for the stock lies in the zone of 750. If the stock closes below this levels then the stock can drift to the levels of 710 to 720 where the stock has formed a medium term support.

Resistance for the stock lies in the zone of 790 to 800 where 500 Daily SMA, 100 Weekly SMA and trend-line resistance for the stock is lying. If the stock manages to close above this levels then the stock can move to the levels of 850 where 100 Daily SMA is positioned.

Broad range for the stock in the coming week can be 730 – 740 on lower side to 790 – 800 on upper side.

Wipro Outlook for the Week (December 14, 2015 – December 18, 2015)

EquityPandit’s Outlook for Wipro for the week (December 14, 2015 – December 18, 2015):

 

WIPRO:

 

 

WIPRO

 

 

Wipro closed the week on negative note losing around 0.60%.

As we have mentioned last week that the stock has close around the strong resistance zone of 570 to 580 where 100 & 200 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 600. During the week the stock manages to hit a high of 579 and sold off to close the week around the levels of 566.

Stock has close around the strong support zone of 565 where 500 Daily SMA is lying. If the stock closes below the levels of 560 then the stock can drift to the levels of 540 to 545 where trend-line support for the stock is lying.

Resistance for the stock lies in the zone of 570 to 580 where 100 & 200 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 600.

Broad range for the stock in the coming week is seen between 550 to 555 on downside to 585 to 590 on upside.

HCL Tech Outlook for the Week (December 14, 2015 – December 18, 2015)

EquityPandit’s Outlook for HCL Tech for the week (December 14, 2015 – December 18, 2015):

 

HCL TECHNOLOGIES:

 

 

HCLTECH

 

 

HCL Technologies (NSE: HCLTECH) closed the week on positive note gaining around 0.50%.

As we have mentioned last week that the stock is trading around the support zone of 830 where 100 Weekly SMA is lying. If the stock closes below this levels then the stock can drift to the levels of 800 to 810 where 500 Daily SMA and trend-line support for the stock is lying. During the week the stock manages to hit a low of 834 and bounce to close the week around the levels of 841.

The stock is trading around the support zone of 840 where 100 Weekly SMA is lying. If the stock closes below this levels then the stock can drift to the levels of 810 to 820 where 500 Daily SMA and trend-line support for the stock is lying.

Resistance for the stock lies in the zone of 850. If the stock manages to close above this levels then the stock can move to the levels of 880 to 890. If the stock manages to close above the levels of 890 then the stock can move to the levels of 910 to 920 where 100 & 200 Daily SMA are positioned.

Broad range for the stock in the coming week is seen between 810 to 815 on downside to 860 to 870 on upside.

Infosys Outlook for the Week (December 14, 2015 – December 18, 2015)

EquityPandit’s Outlook for Infosys for the week (December 14, 2015 – December 18, 2015):

 

INFOSYS:

 

 

INFY

 

 

INFOSYS  (NSE: INFY) closed the week on absolutely flat note.

As we have mentioned last week that the support for the stock lies in the zone of 1030 to 1040 where the stock has filled the gap which was created on 21/07/2015. If the stock closes below this levels then the stock can drift to the levels of 960 to 980 where 500 Daily SMA, 100 Weekly SMA and trend-line support for the stock is lying. During the week the stock manages to hit a low of 1022 and close the week around the levels of 1053.

Support for the stock lies in the zone of 1030 to 1040 where the stock has filled the gap which was created on 21/07/2015. If the stock closes below this levels then the stock can drift to the levels of 960 to 980 where 500 Daily SMA, 100 Weekly SMA and trend-line support for the stock is lying.

The stock has closed around the strong resistance zone of 1070 to 1090 where 100 & 200 Daily SMA are positioned. If the stock closes above this levels then the stock can move to the levels of 1120.

The stock has formed a Hammer pattern on weekly charts in a downtrend indicating the exhaustion in selling pressure.

Broad range for the stock in the coming week is seen between 1030 to 1040 on downside to 1070 to 1080 on upside.

TCS Outlook for the Week (December 14, 2015 – December 18, 2015)

EquityPandit’s Outlook for TCS for the week (December 14, 2015 – December 18, 2015):

 

TATA CONSULTANCY SERVICES:

 

 

TCS

 

 

TCS closed the week on positive note gaining around 2.50%.

As we have mentioned last week that the stock has virtually broken all the support levels. Minor support lies in the zone of 2300 to 2310. If the stock closes below this levels then the stock can drift to the levels of 2150. During the week the stock manages to hit a low of 2315 and bounce to close the week around the levels of 2386.

The stock has virtually broken all the support levels. Minor support lies in the zone of 2310 to 2330. If the stock closes below this levels then the stock can drift to the levels of 2150.

Resistance for the stock lies in the zone of 2420 to 2440 where 500 Daily SMA and 100 Weekly SMA are positioned. If the stock closes above this levels then the stock can move to the levels of 2500 where trend-line resistance for the stock is lying.

Broad range for the stock in the coming week is seen between 2330 to 2350 on downside to 2400 to 2420 on upside.

SBI Outlook for the Week (December 14, 2015 – December 18, 2015)

EquityPandit’s Outlook for SBI for the week (December 14, 2015 – December 18, 2015):

 

STATE BANK OF INDIA:

 

 

SBIN

 

 

State Bank Of India (NSE: SBIN) closed the week on negative note losing around 5.70%.

As we have mentioned last week that the support for the stock lies in the zone of 235 where long term support for the stock is lying. If the stock manages to close below this levels then the stock can drift to the levels of 225 where 1000 Daily SMA and 200 Weekly SMA are positioned. During the week the stock manages to hit a low of 225 and close around the levels of 227.

The stock has closed around the strong support zone of 225 where 1000 Daily SMA and 200 Weekly SMA are positioned. If the stock closes below this levels then the stock can drift to the levels of 210 to 213 where 100 Monthly SMA is positioned.

Resistance for the stock lies in the zone of 235 from where the stock has broken the long term support. If the stock manages to close above this levels then the stock can move to the levels of 245 to 250 where 100 Daily SMA, 500 Daily SMA and 100 Weekly SMA are lying.

Broad range for the stock in the coming week can be 210 – 215 on lower side to 235 – 240 on upper side.

Axis Bank Outlook for the Week (December 14, 2015 – December 18, 2015)

EquityPandit’s Outlook for Axis Bank for the week (December 14, 2015 – December 18, 2015):

 

AXIS BANK:

 

 

AXISBANK

 

 

Axis Bank closed the week on negative note losing around 4.70%.

As we have mentioned last week that support for the stock lies in the zone of 455 where channel support for the stock is lying. The stock is moving in this channel since the month of March – 2015. If the stock closes below this levels then the stock can drift to the levels of 440 to 445 where 500 Daily SMA and 100 Weekly SMA are positioned. During the week the stock manages to hit a low of 436.5 and close at the lowest levels of the week.

The stock has close around the strong support zone 440 to 445 where 500 Daily SMA and 100 Weekly SMA are positioned. If the stock closes below this levels then the stock can drift to the levels of 425 from where the stock has broken out in the month of October – 2014.

Resistance for the stock lies in the zone of 445 to 450 from where the stock has broken down the descending triangle pattern. If the stock closes above this levels then the stock can move to the levels of 460 to 465.

Broad range for the stock in the coming week can be 420 – 425 on lower side to 450 – 455 on upper side.

ICICI Bank Outlook for the Week (December 14, 2015 – December 18, 2015)

EquityPandit’s Outlook for ICICI Bank for the week (December 14, 2015 – December 18, 2015):

 

ICICI BANK:

 

 

ICICIBANK

 

 

ICICI Bank closed the week on negative note losing around 4.40%.

As we have mentioned last week that resistance for the stock lies in the zone of 265 to 270 where long term trend-line resistance for the stock is positioned. If the stock closes above this levels then the stock can move to the levels of 280 where 100 Daily SMA and upward sloping trend-line for the stock is positioned. During the week the stock manages to hit a high of 264.55 and sold off to the levels of 250.

Support for the stock lies in the zone of 240 to 245 where 1000 Daily SMA and 200 Weekly SMA are positioned. If the stock closes below this levels then the stock can drift to the levels of around 210 where 100 Monthly SMA is lying.

Resistance for the stock lies in the zone of 265 to 270 where long term trend-line resistance for the stock is positioned. If the stock closes above this levels then the stock can move to the levels of 280 where 100 Daily SMA and upward sloping trend-line for the stock is positioned.

Broad range for the stock in the coming week can be 235 – 240 on lower side to 260 – 265 on upper side.

HDFC Bank Outlook for the Week (December 14, 2015 – December 18, 2015)

EquityPandit’s Outlook for HDFC Bank for the week (December 14, 2015 – December 18, 2015):

 

HDFC BANK:

 

 

HDFCBANK

 

 

HDFC Bank closed the week on negative note losing around 1.00%.

As we have mentioned last week that support for the stock lies in the zone of 1045 to 1050 where 200 Daily SMA and trend-line support for the stock is lying. If the stock closes below this levels then the stock can drift to the levels of 980 where channel support for the stock is positioned. During the week the stock manages to hit a low of 1042 and close around the levels of 1048.

The stock has closed around the strong support zone of 1045 to 1050 where 200 Daily SMA and trend-line support for the stock is lying. If the stock closes below this levels then the stock can drift to the levels of 980 where channel support for the stock is positioned.

Resistance for the stock lies in the zone of 1070 where 100 Daily SMA is positioned. If the stock manages to close above this levels then the stock can move to the levels of 1100 to 1120 where all time high for the stock is lying.

Broad range for the stock in the coming week can be 1020 – 1025 on lower side to 1065 – 1070 on upper side.

Nifty Energy Outlook for the Week (December 14, 2015 – December 18, 2015)

EquityPandit’s Outlook for NIFTY ENERGY for the week (December 14, 2015 – December 18, 2015):

 

NIFTY ENERGY:

 

 

NIFTYENERG

 

 

Nifty ENERGY index closed the week on negative note losing around 2.20%.

As we have mentioned last week that support for the index lies in the zone of 8100 to 8150 where 100 & 1000 Daily SMA are positioned. If the index closes below this levels then the index can drift to the levels of 7800 where the index has taken multiple supports. During the week the index manages to hit a low of 7837 and bounce to close the week around the levels of 7990.

Support for the index lies in the zone of 7800 where the index has taken multiple support in recent times. If the index closes below this levels then the index can drift to the levels of 7400.

Strong resistance for the index lies in the zone of 8100 to 8150 where 100 & 1000 Daily SMA are positioned. If the index manages to close above this levels then the index can move to the levels of 8300 where 200 Daily SMA and 200 Weekly SMA are lying.

Broad range for the index is seen between 7700 to 7750 on downside to 8200 to 8250 on upside.

Nifty Auto Outlook for the Week (December 14, 2015 – December 18, 2015)

EquityPandit’s Outlook for NIFTY Auto for the week (December 14, 2015 – December 18, 2015):

 

NIFTY AUTO:

 

 

NIFTYAUTO

 

 

Nifty AUTO index closed the week on negative note losing around 3.60%.

As we have mentioned last week that support for the index lies in the zone of 8200 where 100 Daily SMA and channel support for the index is positioned. If the index closes below this levels then the index can drift to the levels of 7900 where trend-line support for the index is positioned. During the week the index manages to hit a low of 7893 and close the week around the levels of 7948.

Index has closed around the support zone of 7900. If the index closes below this levels then the index can drift to the levels of 7450 to 7500 where 500 Daily SMA and 100 Weekly SMA are positioned.

Strong resistance for the index lies in the zone of 8200 where short term moving averages and 100 Daily SMA are lying. If the index manages to close above this levels then the index can move to the levels of 8300 where 200 Daily SMA is positioned.

Broad range for the index is seen from 7700 to 7750 on downside to 8100 to 8150 on upside.

Nifty Pharma Outlook for the Week (December 14, 2015 – December 18, 2015)

EquityPandit’s Outlook for NIFTY Pharma for the week (December 14, 2015 – December 18, 2015):

 

NIFTY PHARMA:

 

 

NIFTYPHARM

 

 

Nifty PHARMA index closed the week on negative note losing around 2.20%.

As we have mentioned last week that the index has closed around the support zone of 11600. If the index does not manage to close above the levels of 11600 then the index can drift to the levels of 11000 to 11200 where trend-line and channel support for the index is positioned. During the week the index manages to hit a low of 11202 and bounce to close the week around the levels of 11380.

Support for the index lies in the zone of 11000 to 11200 where trend-line and channel support for the index is positioned. If the index close below this levels then the index can drift to the levels of 10500 to 10700 where 500 Daily SMA and 100 Weekly SMA are lying.

Resistance for the index lies in the zone of 11500 to 11600 where short term moving averages are positioned. If the index closes above this levels then the index can move to the levels of 12000 where the index has created a gap on 09/11/2015.

Broad range for the index is seen from 11000 to 11100 on downside to 11600 to 11700 on upside.

Nifty FMCG Outlook for the Week (December 14, 2015 – December 18, 2015)

EquityPandit’s Outlook for NIFTY FMCG for the week (December 14, 2015 – December 18, 2015):

 

NIFTY FMCG:

 

 

NIFTYFMCG

 

 

Nifty FMCG index closed the week on negative note losing around 2.35%.

As we have mentioned last week that the index has closed below the strong support zone of 20200. Support for the index lies in the zone of 19300 to 19500 where 500 Daily and 100 Weekly SMA are positioned. During the week the index manages to hit a low of 19415 and close the week around the levels of 19616.

Resistance for the index lies in the zone of 20200 where 100 & 200 Daily SMA are positioned. If the index manages to close above this levels then the index can move to the levels of 20700 where trend-line joining earlier high is positioned.

Support for the index lies in the zone of 19100 to 19300 where long term trend-line, 500 Daily SMA and 100 Weekly SMA are positioned. If the index close below this levels then the index can drift to the levels of 18000 and the index can witness the free fall as no support is visible in near term.

Broad range for the index in the coming week is seen from 18800 on downside to 20400 on upside.

Nifty IT Outlook for the Week (December 14, 2015 – December 18, 2015)

EquityPandit’s Outlook for NIFTY IT for the week (December 14, 2015 – December 18, 2015):

 

NIFTY IT:

 

 

NIFTYIT

 

 

Nifty IT index ended the week on positive note gaining around 0.70%.

As we have mentioned last week that the resistance for the index lies in the zone of 11100 where channel resistance for the index is lying. If the index manages to close above this levels then the index can move to the levels of 11300 to 11400 where trend-line resistance for the index is positioned. During the week the index manages to hit a high of 11109 and close the week around the levels of 11042.

Support for the index lies in the zone of 10800 to 10900 where 500 Daily SMA and 100 Weekly SMA are positioned. If the index closes below this levels then the index can be in a free fall zone where no support is visible.

Resistance for the index lies in the zone of 11100 where channel resistance for the index is lying. If the index manages to close above this levels then the index can move to the levels of 11300 to 11400 where trend-line resistance for the index is positioned.

Broad range for the index in the coming week is seen from 10700 on downside to 11200 on upside.

Nifty Bank Outlook for the Week (December 14, 2015 – December 18, 2015)

EquityPandit’s Outlook for Nifty Bank for the week (December 14, 2015 – December 18, 2015):

 

NIFTY BANK:

 

 

BANKNIFTY

 

 

Nifty Bank ended the week on negative note losing around 3.20%.

As we have mentioned last week that the support for the index lies in the zone of 16600 to 16800 from where the index has bounced twice in last 2 months. If the index closes below this levels then the index can drift to the levels of 16000 to 16100 where 500 Daily SMA and 100 Weekly SMA are positioned. During the week the index manages to hit a low of 16260 and close at virtually the lowest levels of the week.

Support for the index lies in the zone of 15800 to 16000 where trend-line and 500 Daily SMA are lying. If the index closes below this levels then the index can drift to the levels of 15100 where trend-line joining earlier lower lows is positioned.

The index has broken down from the Head & Shoulder pattern from the levels of 16550. Immediate resistance for the index lies in the zone of 16550. If the index manages to close above this levels then the index can move to the levels of 17000 where short term moving averages are lying.

Range for the week is seen from 15800 to 16000 on downside to 16600 to 16800 on upside.

Nifty Outlook for the Week (December 14, 2015 – December 18, 2015)

EquityPandit’s Outlook for Nifty for week (December 14, 2015 – December 18, 2015):

 

NIFTY:

 

 

NSE Nifty

 

 

Nifty ended the week on negative note losing around 2.2%.

As we have mentioned last week that support for the index lies in the zone of 7700 where 500 Daily SMA and trend-line support for the index is lying. If the index closes below this levels then the index can drift to the levels of 7500 where the index has made a medium term bottom. During the week the index manages to hit a low of 7575 and close at virtually the lowest levels.

Support for the index lies in the range of 7540 where the index has made a medium term bottom in the month of September – 2015. If the index closes below this levels then the index can drift to the levels of 7200 where lower end of the channel is positioned. The index is moving in this channel since the month of February – 2015.

The index has broken down from the Head & Shoulder pattern. The neckline for the same lies in the zone of 7725. Immediate resistance for the index lies in the zone of 7725 where neckline and 500 Daily SMA are lying. If the index manages to close above this levels then the index can move to the levels of 7850 to 7900 where short term moving averages are lying.

Broad range for the week is seen from 7400 on downside to 7800 on upside.

TCS announces capacity expansion in Bhubhaneswar

sample

TCS announces capacity expansion in Bhubhaneswar

Tata Consultancy Services  announces the addition of 3,000 seats by expanding its capacity in Odisha with the opening of Phase II of its campus at Kalinga Park.

TCS Kalinga Park is one of the greenest building in India and has been developed over 45 acres of land, is an additional to the company’s unique Global Network Delivery Model (GNDM).

TCS

N Chandrasekaran, CEO & MD at TCS said that “Odisha has a strong education ecosystem that is helping source great talent from the region. We are delighted with the growth of our operations and the support of the state government that will help us drive growth of the IT industry in the state”.

Read EquityPandit’s Technical Analysis on Nifty IT

Share Market Tips for – Friday, December 11, 2015

equitypandit_square

Last Trading Session: Indian Stock Market opened flat with positive bias. EquityPandit predicted that market would see some sharp short covering (Positive) rally and exactly same happened. Nifty saw strong resistance near EquityPandit’s predicted resistance levels of 7700. EquityPandit predicted that traders should go short at positive opening and exactly same happened. Market fell down sharply after positive opening and saw lows right at EquityPandit’s predicted support levels of 25000 for Sensex and 16580 for BankNifty. Finally, Market recovered and closed in green just below EquityPandit’s predicted resistance levels of 25257 for Sensex like a dot.

Today: Indian Stock Market would open flat. Now market is loosing downside momentum and yet to decide the direction. Nifty would be weakened if it breaches levels of 7600 and further down fall can be seen in that case whereas if it trades above 7700 then we could see some further short-covering rally (Positive Rally). BankNifty would enter into positive zone if it manages to close above 16870 levels. Nifty would enter into positive zone once it closes above 7725 levels. Traders should book partial profits in short-sell recommendations as of now and wait for either of two levels to be breached for further action. FIIs were net sellers of Rs.580.28 crores whereas DIIs were net buyers of Rs.410.92 crores in last trading session. Nifty would see strong support at 7600-7580-7545-7500 whereas strong resistance would be seen at 7700-7770-7825-7860 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (7683) The support for the Nifty is 7600-7580-7545-7500 and the resistance to the up move is at 7725-7770-7825-7860 levels.

NSE BankNifty: (16711) The support for BankNifty is at 16580-16435-16320-16218 and the resistance to the up move is at 16780-16868-16980-17095 levels.

BSE Sensex: (25252) The support for the Sensex is at 25030-24950-24850-24745 and the resistance to the up move is at 25320-25540-25675-25770 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

Premium Subscription Pricing details can be seen at Stock Market Premium Services

Infosys Outlook for the Week (December 14, 2015 – December 18, 2015)

EquityPandit’s Outlook for Infosys for the week (December 14, 2015 – December 18, 2015):

 

INFOSYS:

 

 

INFY

 

 

INFOSYS  (NSE: INFY) closed the week on absolutely flat note.

As we have mentioned last week that the support for the stock lies in the zone of 1030 to 1040 where the stock has filled the gap which was created on 21/07/2015. If the stock closes below this levels then the stock can drift to the levels of 960 to 980 where 500 Daily SMA, 100 Weekly SMA and trend-line support for the stock is lying. During the week the stock manages to hit a low of 1022 and close the week around the levels of 1053.

Support for the stock lies in the zone of 1030 to 1040 where the stock has filled the gap which was created on 21/07/2015. If the stock closes below this levels then the stock can drift to the levels of 960 to 980 where 500 Daily SMA, 100 Weekly SMA and trend-line support for the stock is lying.

The stock has closed around the strong resistance zone of 1070 to 1090 where 100 & 200 Daily SMA are positioned. If the stock closes above this levels then the stock can move to the levels of 1120.

The stock has formed a Hammer pattern on weekly charts in a downtrend indicating the exhaustion in selling pressure.

Broad range for the stock in the coming week is seen between 1030 to 1040 on downside to 1070 to 1080 on upside.

Share Market Tips for – Thursday, December 10, 2015

equitypandit_square

Some Positive Rally would be seen today, but trade is to go short at Rally.

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened negative. EquityPandit predicted that market is still in negative zone and further downfall would be seen, hence traders are suggested to continue shorting the market to earn huge profits and exactly same happened. Indian Stock Market moved down sharply. Nifty saw lows right at EquityPandit’s support of 7600 levels. Sensex also saw lows right at EquityPandit’s support levels of 25000. Traders, who followed EquityPandit’s advice to go short might have earned whooping profits for the day. Finally, Indian Stock Market closed gap negative for the day and BankNifty closed right at EquityPandit’s support of 16660 like a dot.

Today: Indian Stock Market would open flat. Today, Some short covering (Positive rally) would be seen but overall market is still negative for now. Technically, Indian Stock Market is still in negative zone. Nifty has almost achieved EquityPandit’s target of 7600. Now, Nifty has confirmed Head and Shoulder Pattern that is bearish in nature. Nifty may head to 7500 for now but some strong support would be witnessed at 7545 levels. BankNifty has seen some strength as of now as compared to Nifty, so if market falls further then BankNifty would may see a breakdown. Whereas, if Market recovers then BankNifty would zoom very fast. The trade is to go short at positive rally until BankNifty breaches levels of 17030 on the positive side. FIIs were net sellers of Rs.527.41 crores whereas DIIs were net buyers of Rs.864.71 crores in last trading session. Nifty would see strong support at 7580-7545-7500-7450 whereas strong resistance would be seen at 7700-7770-7825-7860 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (7613) The support for the Nifty is 7580-7545-7500-7450 and the resistance to the up move is at 7700-7770-7825-7860 levels.

NSE BankNifty: (16661) The support for BankNifty is at 16580-16435-16320-16218 and the resistance to the up move is at 16780-16868-16980-17095 levels.

BSE Sensex: (25036) The support for the Sensex is at 25000-24850-24745-24660 and the resistance to the up move is at 25120-25257-25320-25540 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

Premium Subscription Pricing details can be seen at Stock Market Premium Services

sample 033

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Share Market Tips for – Wednesday, December 09, 2015

equitypandit_square

Continue Short position in the market until Nifty breaches 7800 levels by closing.

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened gap negative with 30 points for Nifty. EquityPandit predicted that Indian Stock Market is in negative zone and traders should go short in the market and exactly same happened. Indian Stock Market moved sharply negative. Nifty saw lows right near EquityPandit’s predicted support levels of 7680. BankNifty also saw lows right at EquityPandit’s predicted support levels of 16780 like a dot. Traders, who followed EquityPandit’s advice to go short might have earned huge profits for the day. Finally, Indian Stock Market closed gap negative for the day.

Today: Indian Stock Market would open negative. Technically, Market is still in negative zone and further downfall can be seen. Technically, analysis would remain same. If Market holds in negative zone for next few days then we may see levels of 16200 for BankNifty and 7500-7600 for Nifty. But if Market again entered into positive zone, then we may see sharp positive rally upto levels of 18000-18500 for BankNifty and 8200-8300 for Nifty. This would happen only if GST is supposed to be passed in Rajya Sabha which looks difficult at this point of time. For now, market is in negative trend and traders should go short at every positive rally in the market. FIIs were net sellers of Rs.518.46 crores whereas DIIs were net buyers of Rs.590.32 crores in last trading session. Nifty would see strong support at 7680-7665-7650-7600 whereas strong resistance would be seen at 7770-7825-7860-7900 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (7702) The support for the Nifty is 7680-7665-7650-7600 and the resistance to the up move is at 7770-7825-7860-7900 levels.

NSE BankNifty: (16801) The support for BankNifty is at 16780-16660-16580-16435 and the resistance to the up move is at 16980-17095-17220-17380 levels.

BSE Sensex: (25310) The support for the Sensex is at 25220-25110-25000-24850 and the resistance to the up move is at 25540-25675-25770-25930 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Tuesday, December 08, 2015

equitypandit_square

Negative trend would continue, Go short in the market.

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened gap positive with 35 points for Nifty and 108 points for Sensex. EquityPandit predicted that market would see sharp short covering (positive) rally but traders should go short at rally. EquityPandit also predicted that market is negative and traders should go short at every positive movement in the market and exactly same happened. Market opened gap positive but saw sharp downfall from there. Traders, who followed EquityPandit’s advice to go short at positive rally might have earned huge profits for the day. Nifty saw highs right at Equitypandit’s predicted resistance levels of 7824 like a dot. Market fall from there and saw lows right at EquityPandit’s predicted support levels of 7750 like a dot. Finally, Indian Stock Market closed negative for the day.

Today: Indian Stock Market would open gap negative with 35-70 points for Nifty and 100-200 points for Sensex. Technically, Nifty and BankNifty, both are in negative trend and further downfall can be seen. If Market holds in negative zone for next few days then we may see levels of 16200 for BankNifty and 7500-7600 for Nifty. But if Market again entered into positive zone, then we may see sharp positive rally upto levels of 18000-18500 for BankNifty and 8200-8300 for Nifty. This would happen only if GST is supposed to be passed in Rajya Sabha. For now, market is in negative trend and traders should go short at every positive rally in the market. As we said earlier, Lot of consolidation has been seen and now market is ready for big breakout or breakdown within next couple of day, so traders should follow EquityPandit’s advice for next few days to earn huge profits. FED rate hike news on December 15, 2015 would also affect Indian Stock Market in short term. FIIs were net sellers of Rs.65.04 crores whereas DIIs were net sellers of Rs.54.9 crores in last trading session. Nifty would see strong support at 7720-7680-7665-7650 whereas strong resistance would be seen at 7825-7860-7900-7980 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (7765) The support for the Nifty is 7720-7680-7665-7650 and the resistance to the up move is at 7825-7860-7900-7980 levels.

NSE BankNifty: (16947) The support for BankNifty is at 16780-16660-16580 and the resistance to the up move is at 16980-17095-17220-17380 levels.

BSE Sensex: (25530) The support for the Sensex is at 25395-25295-25110 and the resistance to the up move is at 25675-25770-25930-26060 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Monday, December 07, 2015

equitypandit_square

Market to see sharp positive rally today, Go short at rally.

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened gap negative with around 50 points for Nifty and 80 points for Sensex. EquityPandit predicted that market has entered into negative zone and traders should go short at this point of time and exactly same hapepend. Nifty moved sharply negative and saw lows right near EquityPandit’s predicted support levels of 7780. BankNifty also saw lows right near EquityPandit’s predicted support levels of 16875 like a dot. Finally, Indian Stock Market closed negative for the day with Nifty closing just above EquityPandit’s predicted support levels of 7780 like a dot.

Today: Indian Stock Market would open gap positive with 30-60 points for Nifty and 80-200 points for Sensex. Technically, Nifty and BankNifty, both are in negative trend but market would see some short covering (Positive) rally today. If Market holds in negative zone for next few days then we may see levels of 16200 for BankNifty in next few weeks. But if Market again entered into positive zone, then we may see sharp positive rally upto levels of 18000-18500 for BankNifty and 8200-8300 for Nifty. This would happen only if GST is supposed to be passed in Rajya Sabha. For now, market is in negative trend and traders should go short at every positive rally in the market. Lot of consolidation has been seen and now market is ready for big breakout or breakdown, so traders should follow EquityPandit advice for next few days to earn huge profits. FED rate hike news on December 15, 2015 would also affect Indian Stock Market in short term. FIIs were net sellers of Rs.1745.73 crores whereas DIIs were net buyers of Rs.1069.01 crores in last trading session. Nifty would see strong support at 7780-7750-7720-7680 whereas strong resistance would be seen at 7824-7880-7900-7980 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (7782) The support for the Nifty is 7780-7750-7720-7680 and the resistance to the up move is at 7824-7880-7900-7980 levels.

NSE BankNifty: (16897) The support for BankNifty is at 16875-16780-16660-16580 and the resistance to the up move is at 16980-17095-17220-17380 levels.

BSE Sensex: (25638) The support for the Sensex is at 25603-25450-25395-25295 and the resistance to the up move is at 25770-25930-26060-26180 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

Premium Subscription Pricing details can be seen at Stock Market Premium Services

Colgate Palmolive Outlook for the Week (December 07, 2015 – December 11, 2015)

EquityPandit’s Outlook for Colgate Palmoilve for the week (December 07, 2015 – December 11, 2015):

 

COLGATE PALMOLIVE:

 

 

COLPAL

 

 

Colgate Palmolive (NSE: COLPAL) closed the week on positive note gaining around 0.80%.

As we have mentioned last week that resistance for the stock lies in the zone of 980 where 100 & 200 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels 1010 where upper end of the downward sloping channel is positioned. During the week the stock manages to hit a high of 985 and retraced to close the week around the levels of 975.

Support for the stock lies in the zone of 935 to 940 from where the stock has broken out. If the stock breaks below this levels on closing basis then the stock can drift to the levels of 885 where channel support for the stock is lying.

Resistance for the stock lies in the zone of 990 where 200 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels 1000 where upper end of the downward sloping channel is positioned.

Broad range for the stock is seen between 940 to 950 on lower end and 990 to 1000 on upper end.

Dabur Outlook for the Week (December 07, 2015 – December 11, 2015)

EquityPandit’s Outlook for DABUR for the week (December 07, 2015 – December 11, 2015):

 

DABUR:

 

 

DABUR

 

 

Dabur closed the week on negative note losing around 1.50%.

As we have mentioned last week that the stock has closed around the strong resistance zone of 275 to 280 where 100 & 200 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 290. During the week the stock manages to hit a high of 284.5 and retraced to close the week around the levels of 272.

The stock has closed around the strong resistance zone of 275 to 280 where 100 & 200 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 290.

Support for the stock lies in the zone of 265 to 270 where short term moving averages are positioned. If the stock breaks below this levels on closing basis then the stock can drift to the levels of 250 where long term trend-line support for the stock is lying.

Broad range for the stock is seen between 260 to 265 on lower end and 280 to 285 on upper end.

Hindustan Unilever Outlook for the Week (December 07, 2015 – December 11, 2015)

EquityPandit’s Outlook for Hindustan Unilever for the week (December 07, 2015 – December 11, 2015):

 

HINDUSTAN UNILEVER:

 

 

HINDUNILVR

 

 

HIND Unilever closed the week on absolutely flat note.

As we have mentioned last week that support for the stock lies in the zone of 800 to 810 where trend-line support for the stock is lying. If the stock closes below this levels then the stock can drift to the levels of 775 to 780 where downward sloping trend-line for the stock is positioned. During the week the stock manages to hit a low of 805 and close the week around the levels of 815.

Support for the stock lies in the zone of 800 to 810 where trend-line support for the stock is lying. If the stock closes below this levels then the stock can drift to the levels of 775 to 780 where downward sloping trend-line for the stock is positioned.

Resistance for the stock lies in the zone of 840 where 100 Daily SMA is positioned. If the stock manages to close above this levels then the stock can move to the levels of 860 where 200 Daily SMA is lying.

Broad range for the stock in coming week is seen between 790 to 800 on downside and 840 to 850 on upside.

ITC Outlook for the Week (December 07, 2015 – December 11, 2015)

EquityPandit’s Outlook for ITC for the week (December 07, 2015 – December 11, 2015):

 

ITC:

 

 

ITC

 

 

ITC closed the week on negative note losing around 2.50%.

As we have mentioned last week that support for the stock lies in the zone of 330 to 335 where 200 & 500 Daily SMA and 100 Weekly SMA are positioned. If the stock closes below this levels then the stock can drift to the levels of 325 where 100 Daily SMA are positioned. During the week the stock manages to hit a low of 335 and close the week around the levels of 336.

Support for the stock lies in the zone of 330 to 335 where 200 & 500 Daily SMA and 100 Weekly SMA are positioned. If the stock closes below this levels then the stock can drift to the levels of 325 where 100 Daily SMA are positioned.

Resistance for the stock lies in the zone of 340 to 345 where 500 Daily SMA and 100 Weekly SMA is lying. If the stock manages to close above this levels then the stock can move to the levels of 360 from where the stock has sold off in previous occasions.

Broad range for the stock in coming week is seen between 330 to 335 on downside and 355 to 360 on upside.

Cipla Outlook for the Week (December 07, 2015 – December 11, 2015)

EquityPandit’s Outlook for Cipla for the week (December 07, 2015 – December 11, 2015):

 

CIPLA:

 

 

CIPLA

 

 

CIPLA closed the week on absolutely flat note.

As we have mentioned last week that resistance for the stock lies in the zone of 650 where short term moving averages and upward sloping trend-line resistance for the stock is positioned. If the stock closes above this levels then the stock can move to the levels of 665 where 100 & 200 Daily SMA are positioned. During the week the stock manages to hit a high of 661 and retraced to close the week around the levels of 646.

Support for the stock lies in the zone of 630 where the stock has minor support. If the stock manages to close below this levels then the stock can drift to the levels of 615 where trend-line support for the stock is positioned.

Resistance for the stock lies in the zone of 650 where short term moving averages and upward sloping trend-line resistance for the stock is positioned. If the stock closes above this levels then the stock can move to the levels of 665 where 100 & 200 Daily SMA are positioned. The stock has formed a shooting star pattern on weekly charts in an uptrend indicating the trend reversal. The stock has to close above the levels of 661 on weekly basis to negate this pattern.

Broad range for the stock is seen in the range of 625 – 630 on downside to 660 – 665 on upside.

Dr. Reddy Outlook for the Week (December 07, 2015 – December 11, 2015)

EquityPandit’s Outlook for Dr. Reddy for the week (December 07, 2015 – December 11, 2015):

 

DR. REDDY:

 

 

DRREDDY

 

 

Dr Reddy closed the week on positive note gaining around 3.00%.

As we have mentioned last week that resistance for the stock lies in the zone of 3200 where 500 Daily and 100 Weekly SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 3350 from where the stock has opened gap down on 26/11/2015. During the week the stock manages to hit a high of 3265 and retraced to close the week around the levels of 3195.

It seems the stock has made a medium term bottom around the levels of 3050 to 3100. The stock is trading around the strong support zone of 3200 where 500 Daily SMA is positioned. If the stock closes below this levels then the stock can drift to the levels of 3100 where medium term bottom is placed.

Resistance for the stock lies in the zone of 3250 where 100 Weekly SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 3350 from where the stock has opened gap down on 26/11/2015.

Broad range for the stock is seen from 3050 – 3100 on downside to 3280 – 3330 on upside.

Lupin Outlook for the Week (December 07, 2015 – December 11, 2015)

EquityPandit’s Outlook for Lupin for the week (December 07, 2015 – December 11, 2015):

 

LUPIN:

 

 

LUPIN

 

 

Lupin closed the week on negative note losing around 0.50%.

As we have mentioned last week that strong resistance for the stock lies in the zone of 1830 to 1870 where 100 & 200 Daily SMA are positioned. If the stock closes above this levels then the stock can move to the levels of 1900. During the week the stock manages to hit a high of 1879 and retraced to close the week around the levels of 1805.

Support for the stock lies around the levels of 1760. If the stock closes below this levels then the stock can drift to the levels of 1600 where channel support for the stock is lying.

Strong Resistance for the stock lies in the zone of 1840 to 1870 where 100 & 200 Daily SMA are positioned. If the stock closes above this levels then the stock can move to the levels of 1900.

The stock has formed a Shooting star pattern on weekly charts indicating the trend reversal in an uptrend. The stock has to close above the strong resistance zone of 1870 to negate this pattern.

Broad range for the stock is seen from 1760 – 1780 on downside to 1860 – 1880 on upside.

Sun Pharma Outlook for the Week (December 07, 2015 – December 11, 2015)

EquityPandit’s Outlook for Sun Pharma for the week (December 07, 2015 – December 11, 2015):

 

SUN PHARMA:

 

 

SUNPHARMA

 

 

SUN PHARMA closed the week on positive note gaining around 2.00%.

As we have mentioned last week that the resistance for the stock lies in the zone of 750 from where the stock has broken down after taking multiple supports. If the stock closes above this levels then the stock can move to the levels of 770. If the stock closes above the levels of 770 then the stock can move to the levels of 800 where 500 Daily & 100 Weekly SMA are positioned. During the week the stock manages to hit a high of 774 and retraced to close the week around the levels of 755.

Support for the stock lies in the zone of 750. If the stock closes below this levels then the stock can drift to the levels of 710 to 720 where the stock has formed a medium term support.

Resistance for the stock lies in the zone of 790 to 800 where 500 Daily SMA, 100 Weekly SMA and trend-line resistance for the stock is lying. If the stock manages to close above this levels then the stock can move to the levels of 850 where 100 Daily SMA is positioned.

Broad range for the stock in the coming week can be 730 – 740 on lower side to 790 – 800 on upper side.

Wipro Outlook for the Week (December 07, 2015 – December 11, 2015)

EquityPandit’s Outlook for Wipro for the week (December 07, 2015 – December 11, 2015):

 

WIPRO:

 

 

WIPRO

 

 

Wipro closed the week on absolutely flat note.

As we have mentioned last week that the support for the stock lies in the zone of 560 where 500 Daily SMA is lying. If the stock closes below this levels then the stock can drift to the levels of 540 to 545 where trend-line support for the stock is lying. During the week the stock manages to hit a low of 562 and bounce to close the week around the levels of 569.

Support for the stock lies in the zone of 560 where 500 Daily SMA is lying. If the stock closes below this levels then the stock can drift to the levels of 540 to 545 where trend-line support for the stock is lying.

Stock has closes around the strong resistance zone of 570 to 580 where 100 & 200 Daily SMA are positioned. If the stock manages to close above this levels then the stock can move to the levels of 600.

The stock has formed a shooting star pattern on weekly charts in an uptrend indicating the trend reversal. The stock has to close above the levels of 587 to negate this pattern.

Broad range for the stock in the coming week is seen between 550 to 555 on downside to 585 to 590 on upside.

HCL Tech Outlook for the Week (December 07, 2015 – December 11, 2015)

EquityPandit’s Outlook for HCL Tech for the week (December 07, 2015 – December 11, 2015):

 

HCL TECHNOLOGIES:

 

 

HCLTECH

 

 

HCL Technologies (NSE: HCLTECH) closed the week on negative note losing around 4.20%.

As we have mentioned last week that resistance for the stock lies in the range of 880 to 890. If the stock manages to close above the levels of 890 then the stock can move to the levels of 920 to 930 where 100 & 200 Daily SMA are positioned. During the week the stock manages to hit a high of 886 and sold off to close the week around the levels of 836.

The stock is trading around the support zone of 830 where 100 Weekly SMA is lying. If the stock closes below this levels then the stock can drift to the levels of 800 to 810 where 500 Daily SMA and trend-line support for the stock is lying.

Resistance for the stock lies in the zone of 850. If the stock manages to close above this levels then the stock can move to the levels of 880 to 890. If the stock manages to close above the levels of 890 then the stock can move to the levels of 910 to 920 where 100 & 200 Daily SMA are positioned.

Broad range for the stock in the coming week is seen between 810 to 815 on downside to 860 to 870 on upside.

TCS Outlook for the Week (December 07, 2015 – December 11, 2015)

EquityPandit’s Outlook for TCS for the week (December 07, 2015 – December 11, 2015):

 

TATA CONSULTANCY SERVICES:

 

 

TCS

 

 

TCS closed the week on negative note losing around 1.00%.

As we have mentioned last week that resistance for the stock lies in the zone of 2420 to 2440 where 500 Daily SMA and 100 Weekly SMA are positioned. If the stock closes above this levels then the stock can move to the levels of 2500 where trend-line resistance for the stock is lying. During the week the stock manages to hit a high of 2391 and sold off to close the week around the levels of 2328.

The stock has virtually broken all the support levels. Minor support lies in the zone of 2300 to 2310. If the stock closes below this levels then the stock can drift to the levels of 2150.

Resistance for the stock lies in the zone of 2420 to 2440 where 500 Daily SMA and 100 Weekly SMA are positioned. If the stock closes above this levels then the stock can move to the levels of 2500 where trend-line resistance for the stock is lying.

Broad range for the stock in the coming week is seen between 2280 to 2300 on downside to 2380 to 2400 on upside.

Infosys Outlook for the Week (December 07, 2015 – December 11, 2015)

EquityPandit’s Outlook for Infosys for the week (December 07, 2015 – December 11, 2015):

 

INFOSYS:

 

 

INFY

 

 

INFOSYS  (NSE: INFY) closed the week on negative note losing around 1.60%.

As we have mentioned last week that the support for the stock lies in the zone of 1030 to 1040 where the stock has filled the gap which was created on 21/07/2015. If the stock closes below this levels then the stock can drift to the levels of 960 to 980 where 500 Daily SMA, 100 Weekly SMA and trend-line support for the stock is lying. During the week the stock manages to hit a low of 1040 and close the week around the levels of 1049.

Support for the stock lies in the zone of 1030 to 1040 where the stock has filled the gap which was created on 21/07/2015. If the stock closes below this levels then the stock can drift to the levels of 960 to 980 where 500 Daily SMA, 100 Weekly SMA and trend-line support for the stock is lying.

The stock has closed around the strong resistance zone of 1070 to 1090 where 100 & 200 Daily SMA are positioned. If the stock closes above this levels then the stock can move to the levels of 1120.

Broad range for the stock in the coming week is seen between 1030 to 1040 on downside to 1070 to 1080 on upside.

SBI Outlook for the Week (December 07, 2015 – December 11, 2015)

EquityPandit’s Outlook for SBI for the week (December 07, 2015 – December 11, 2015):

 

STATE BANK OF INDIA:

 

 

SBIN

 

 

State Bank Of India (NSE: SBIN) closed the week on negative note losing around 3.20%.

As we have mentioned last week that the resistance for the stock lies in the zone of 245 to 250 where 500 Daily SMA and 100 Weekly SMA are lying. If the stock manages to close above this levels then the stock can move to the levels of 255 where trend-line and 100 Daily SMA are positioned. During the week the stock manages to hit a high of 253 and sold off to close the week around the levels of 242.

Support for the stock lies in the zone of 235 where long term support for the stock is lying. If the stock manages to close below this levels then the stock can drift to the levels of 225 where 1000 Daily SMA and 200 Weekly SMA are positioned.

The stock has closed around the strong resistance zone of 245 to 250 where 500 Daily SMA and 100 Weekly SMA are lying. If the stock manages to close above this levels then the stock can move to the levels of 255 where trend-line and 100 Daily SMA are positioned.

Broad range for the stock in the coming week can be 230 – 235 on lower side to 250 – 255 on upper side.

Axis Bank Outlook for the Week (December 07, 2015 – December 11, 2015)

EquityPandit’s Outlook for Axis Bank for the week (December 07, 2015 – December 11, 2015):

 

AXIS BANK:

 

 

AXISBANK

 

 

Axis Bank closed the week on negative note losing around 1.90%.

As we have mentioned last week that support for the stock lies in the zone of 460 where channel support for the stock is lying. The stock is moving in this channel since the month of March – 2015. If the stock closes below this levels then the stock can drift to the levels of 425 to 430 where 500 Daily SMA and 100 Weekly SMA are positioned. During the week the stock manages to hit a low of 456 and bounce to close the week around the levels of 462.

Support for the stock lies in the zone of 455 where channel support for the stock is lying. The stock is moving in this channel since the month of March – 2015. If the stock closes below this levels then the stock can drift to the levels of 440 to 445 where 500 Daily SMA and 100 Weekly SMA are positioned.

Resistance for the stock lies in the zone of 480 to 485 where minor downward sloping trend-line is positioned. If the stock manages to close above this levels then the stock can move to the levels of 500 from where the stock has sold off.

Broad range for the stock in the coming week can be 445 – 450 on lower side to 475 – 480 on upper side.

ICICI Bank Outlook for the Week (December 07, 2015 – December 11, 2015)

EquityPandit’s Outlook for ICICI Bank for the week (December 07, 2015 – December 11, 2015):

 

ICICI BANK:

 

 

ICICIBANK

 

 

ICICI Bank closed the week on negative note losing around 3.0%.

As we have mentioned last week that support for the stock lies around the levels of 255 to 260. If the stock closes below this levels then the stock can drift to the levels of 240 where 1000 Daily SMA and 200 Weekly SMA are positioned. During the week the stock manages to hit a low of 260.8 and close at virtually the lowest levels.

Support for the stock lies around the levels of 255 to 260. If the stock closes below this levels then the stock can drift to the levels of 240 where 1000 Daily SMA and 200 Weekly SMA are positioned.

Resistance for the stock lies in the zone of 265 to 270 where long term trend-line resistance for the stock is positioned. If the stock closes above this levels then the stock can move to the levels of 280 where 100 Daily SMA and upward sloping trend-line for the stock is positioned.

Broad range for the stock in the coming week can be 250 – 255 on lower side to 275 – 280 on upper side.

HDFC Bank Outlook for the Week (December 07, 2015 – December 11, 2015)

EquityPandit’s Outlook for HDFC Bank for the week (December 07, 2015 – December 11, 2015):

 

HDFC BANK:

 

 

HDFCBANK

 

 

HDFC Bank closed the week on negative note losing around 1.80%.

As we have mentioned last week that support for the stock lies in the zone of 1070 where 100 Daily SMA is positioned. If the stock closes below this levels then the stock can drift to the levels of 1050 where 200 Daily SMA is lying. During the week the stock manages to hit a low of 1056 and close at virtually the lowest levels.

Support for the stock lies in the zone of 1045 to 1050 where 200 Daily SMA and trend-line support for the stock is lying. If the stock closes below this levels then the stock can drift to the levels of 980 where channel support for the stock is positioned.

Resistance for the stock lies in the zone of 1070 where 100 Daily SMA is positioned. If the stock manages to close above this levels then the stock can move to the levels of 1100 to 1120 where all time high for the stock is lying.

Broad range for the stock in the coming week can be 1040 – 1045 on lower side to 1075 – 1080 on upper side.

Nifty Energy Outlook for the Week (December 07, 2015 – December 11, 2015)

EquityPandit’s Outlook for NIFTY ENERGY for the week (December 07, 2015 – December 11, 2015):

 

NIFTY ENERGY:

 

 

NIFTYENERG

 

 

Nifty ENERGY index closed the week on negative note losing around 1.30%.

As we have mentioned last week that resistance for the index lies in the zone of 8350 where 200 Daily SMA is positioned. If the index manages to close above the levels of 8350 then the index can move to the levels of 8600 where 500 Daily SMA and 100 Weekly SMA are positioned. During the week the index manages to hit a high of 8364 and sold off to the levels of 8177.

Support for the index lies in the zone of 8100 to 8150 where 100 & 1000 Daily SMA are positioned. If the index closes below this levels then the index can drift to the levels of 7800 where the index has taken multiple supports.

Resistance for the index lies in the zone of 8350 where 200 Daily SMA is positioned. If the index manages to close above the levels of 8350 then the index can move to the levels of 8600 where 500 Daily SMA and 100 Weekly SMA are positioned.

Broad range for the index is seen between 8000 to 8050 on downside to 8300 to 8350 on upside.

Nifty Auto Outlook for the Week (December 07, 2015 – December 11, 2015)

EquityPandit’s Outlook for NIFTY Auto for the week (December 07, 2015 – December 11, 2015):

 

NIFTY AUTO:

 

 

NIFTYAUTO

 

 

Nifty AUTO index closed the week on negative note losing around 2.40%.

As we have mentioned last week that resistance for the index lies in the zone of 8533 where the index has opened the gap down on 21/08/2015. If the index manages to close above this levels then the index can move to the levels of 8700 where trend-line joining earlier highs is positioned. During the week the index manages to hit a high of 8563 and sold off to the levels of 8242.

Support for the index lies in the zone of 8200 where 100 Daily SMA and channel support for the index is positioned. If the index closes below this levels then the index can drift to the levels of 7900 where trend-line support for the index is positioned.

Resistance for the index lies in the zone of 8350 where 200 Daily SMA is positioned. If the index closes above this levels then the index can move to the levels of 8500 from where the index has sold off.

The index has formed a Bearish engulfing pattern on weekly charts in an uptrend indicating the trend reversal. The index has to close above the levels of 8563 to negate this pattern.

Broad range for the index is seen from 8050 to 8100 on downside to 8400 to 8450 on upside.

Nifty Pharma Outlook for the Week (December 07, 2015 – December 11, 2015)

EquityPandit’s Outlook for NIFTY Pharma for the week (December 07, 2015 – December 11, 2015):

 

NIFTY PHARMA:

 

 

NIFTYPHARM

 

 

Nifty PHARMA index closed the week on positive note gaining around 0.50%.

As we have mentioned last week that Resistance for the index lies in the zone of 11800. If the index closes above this levels then the index can move to the levels of 12000 to 12200 where the index has created the gap on 09/11/2015 on gap down opening. During the week the index manages to hit a high of 11812 and close the week around the levels of 11635.

The index has closed around the support zone of 11600. If the index does not manage to close above the levels of 11600 then the index can drift to the levels of 11000 to 11200 where trend-line and channel support for the index is positioned.

Resistance for the index lies in the zone of 11800. If the index closes above this levels then the index can move to the levels of 12000 to 12200 where the index has created the gap on 09/11/2015 on gap down opening.

The index has formed a Inverted Hammer pattern on weekly charts in a downtrend indicating the exhaustion in selling pressure.

Broad range for the index is seen from 11200 to 11300 on downside to 11800 to 12000 on upside.

Nifty FMCG Outlook for the Week (December 07, 2015 – December 11, 2015)

EquityPandit’s Outlook for NIFTY FMCG for the week (December 07, 2015 – December 11, 2015):

 

NIFTY FMCG:

 

 

NIFTYFMCG

 

 

Nifty FMCG index closed the week on negative note losing around 1.80%.

As we have mentioned last week that resistance for the index lies in the zone of 21000 from where the index has sold off on previous occasion. If the index manages to close above this levels then the index can move to the levels of 22000. During the week the index manages to hit a high of 20689 and sold off to close the week around the levels of 20079.

Resistance for the index lies in the zone of 20200 where 100 & 200 Daily SMA are positioned. If the index manages to close above this levels then the index can move to the levels of 20700 where trend-line joining earlier high is positioned.

The index has closed below the strong support zone of 20200. Support for the index lies in the zone of 19300 to 19500 where 500 Daily and 100 Weekly SMA are positioned.

Broad range for the index in the coming week is seen from 19400 on downside to 20400 on upside.

Nifty IT Outlook for the Week (December 07, 2015 – December 11, 2015)

EquityPandit’s Outlook for NIFTY IT for the week (December 07, 2015 – December 11, 2015):

 

NIFTY IT:

 

 

NIFTYIT

 

 

Nifty IT index ended the week on negative note losing around 1.40%.

As we have mentioned last week that the resistance for the index lies in the zone of 11300 to 11400 where trend-line resistance for the index is positioned. If the index manages to close above this levels then the index can move to the levels of 11500 to 11600 where 100 & 200 Daily SMA are positioned. During the week the index manages to hit a high of 11299 and sold off to the levels of 10971.

Support for the index lies in the zone of 10700 to 10800 where 500 Daily SMA and 100 Weekly SMA are positioned. If the index closes below this levels then the index can be in a free fall zone where no support is visible.

Resistance for the index lies in the zone of 11100 where channel resistance for the index is lying. If the index manages to close above this levels then the index can move to the levels of 11300 to 11400 where trend-line resistance for the index is positioned.

Broad range for the index in the coming week is seen from 10700 on downside to 11200 on upside.

Nifty Bank Outlook for the Week (December 07, 2015 – December 11, 2015)

EquityPandit’s Outlook for Nifty Bank for the week (December 07, 2015 – December 11, 2015):

 

NIFTY BANK:

 

 

BANKNIFTY

 

 

Nifty Bank ended the week on negative note losing around 2.60%.

As we have mentioned last week that the support for the index lies in the zone of 17100 to 17200 where short term moving averages are positioned. If the index closes below this levels then the index can drift to the levels of 16800 where trend-line support for the index is positioned. During the week the index manages to hit a low of 16880 and virtually close at the lowest levels.

Support for the index lies in the zone of 16600 to 16800 from where the index has bounced twice in last 2 months. If the index closes below this levels then the index can drift to the levels of 16000 to 16100 where 500 Daily SMA and 100 Weekly SMA are positioned.

Resistance for the index lies in the zone of 17150 to 17250 where short term moving averages are positioned. If the index manages to close above this levels then the index can move to the levels of 17600 where 100 Daily SMA is lying.

Range for the week is seen from 16500 to 16600 on downside to 17200 to 17300 on upside.

Nifty Outlook for the Week (December 07, 2015 – December 11, 2015)

EquityPandit’s Outlook for Nifty for week (December 07, 2015 – December 11, 2015):

 

NIFTY:

 

 

NSE Nifty

 

 

Nifty ended the week on negative note losing around 2.0%.

As we have mentioned last week that resistance for the index lies in the zone of 7950 to 8000 where short term moving averages are positioned. If the index manages to close above this levels then the index can move to the levels of 8200 where 100 Daily SMA is lying. During the week the index manages to hit a high of 7979 and sold off to close the week around the levels of 7787 virtually at the lowest levels.

Support for the index lies in the zone of 7700 where 500 Daily SMA and trend-line support for the index is lying. If the index closes below this levels then the index can drift to the levels of 7500 where the index has made a medium term bottom.

Resistance for the index lies in the zone of 7850 to 7900 where short term moving averages are positioned. If the index closes above this levels then the index can move to the levels of 8000 to 8050 where 100 Daily SMA is positioned.

Broad range for the week is seen from 7600 on downside to 8000 on upside.

Share Market Tips for – Friday, December 04, 2015

equitypandit_square

Nifty and BankNifty entered negative zone. Go short in the Market.

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened gap negative with 30 points for Nifty. EquityPandit predicted that market is in positive zone but it is loosing positive momentum. EquityPandit also that market is near a big movement (either a breakdown or a breakout) and if BankNifty breaches levels of 17165, then we could see a sharp downfall where traders could initiate a fresh short in the market at that point and exactly same happened. Nifty fell down sharply and saw lows right at EquityPandit’s predicted support levels of 7855 levels. Traders, who followed EquityPandit’s advice to go short in the market might have earned huge profits for the day. Finally, Indian Stock Market closed gap negative for the day.

Today: Indian Stock Market would open gap negative with atleast 25-60 point for Nifty and 80-200 points for Sensex. Technically, Nifty and BankNifty, both have entered into negative trend and traders should go short in the market at this point of time. If this trend sustains then we would see a sharp breakdown in the market that can take Bank Nifty to 16500-16200 levels and Nifty to around 7600-7500 levels. But if this trend fails and Nifty and BankNifty again enters into positive zone in next couple of days then a sharp breakout would be seen in the market for sure. This may happen only if GST bill get cleared in Rajya Sabha. For now the traders is in sell side and traders should go short at every rally in the market. FIIs were net sellers of Rs.811.43 crores whereas DIIs were net buyers of Rs.521.11 crores in last trading session. Nifty would see strong support at 7815-7800-7780-7750 whereas strong resistance would be seen at 7900-7980-8008-8055 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (7864) The support for the Nifty is 7815-7800-7780-7750 and the resistance to the up move is at 7900-7980-8008-8055 levels.

NSE BankNifty: (17110) The support for BankNifty is at 17050-16960-16875-16780 and the resistance to the up move is at 17220-17380-17480-17570 levels.

BSE Sensex: (25887) The support for the Sensex is at 25760-25695-25603-25450 and the resistance to the up move is at 26060-26180-26260-26340 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Thursday, December 03, 2015

equitypandit_square

A Big Breakout or Breakdown is just round the corner

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened flat. EquityPandit predicted that the Indian Stock Market is in positive zone but trend is loosing momentum as of now and we can see more profit booking for now. EquityPandit also predicted that traders should sell on rally and buy on dips and exactly same happened. Market moved up sharply and saw highs right at EquityPandit’s predicted resistance levels of 7880 for Nifty like a dot. BankNifty also saw highs right at EquityPandit’s predicted resistance levels of 17480. Market fell down from EquityPandit’s predicted resistance levels and saw lows right near EquityPandit’s predicted support levels. Traders, who followed EquityPandit’s advice to sell on rally near EquityPandit’s predicted resistance levels might have earned huge profits for the day. Finally, Indian Stock Market closed gap negative for the day.

Today: Indian Stock Market would open negative with 15-50 points for Nifty and 50-150 points for Sensex. Technically, Nifty and Bank Nifty are in positive trend but as suggested yesterday, market is loosing its positive momentum as of now. Market has consolidated a lot and a big movement (either a breakout or a breakdown) would be seen in just next few days. Nifty would enter into negative zone once it closes below 7879 whereas BankNifty would enter into negative zone once it closes below 17165 levels by closing. Bank Nifty or Nifty, if closes below these levels then traders should initiate a fresh short. For now, traders should continue to hold long positions with suggested stoplosses. Yesterday, after a long time, FIIs were net buyers of Rs.60.61 crores whereas DIIs were net sellers of Rs.78.31 crores in last trading session. Nifty would see strong support at 7880-7850-7815-7800 whereas strong resistance would be seen at 7980-8008-8055-8105 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (7931) The support for the Nifty is 7880-7850-7815-7800 and the resistance to the up move is at 7980-8008-8055-8105 levels.

NSE BankNifty: (17218) The support for BankNifty is at 17195-17050-16960-16875 and the resistance to the up move is at 17480-17570-17652-17827 levels.

BSE Sensex: (26118) The support for the Sensex is at 25950-25890-25760-25695 and the resistance to the up move is at 26180-26260-26340-26432 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Wednesday, December 02, 2015

EquityPandit

Continue Long positions until Nifty holds 7900 levels

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened positive for the day. EquityPandit predicted that we would not see any rate cut today from RBI and hence market would remain lacklusture today and exactly same happened. EquityPandit also predicted that some profit booking would be seen and trade is to go long on those dips. Traders who followed EquityPandit’s advice might have earned decent profits today. Nifty saw strong resistance near EquityPandit’s predicted resistance levels of 7980 and closed just below EquityPandit’s resistance of 7958 like a dot. Sensex also closed below EquityPandit’s predicted resistance levels of 26180 levels. Finally, Indian Stock Market closed flat for the day.

Today: Indian Stock Market would open flat. Technically, Nifty and Bank Nifty are both in positive trend but market is loosing momentum as of now. Traders should continue to hold long positions until Nifty holds 7900 levels by closing. Overall market is positive but the right trade is to go long at dips and sell on rally as market would continue to see sideways movement in a rangebound region. FIIs were net sellers of Rs.106.78 crores whereas DIIs were net buyers of Rs.194.75 crores in last trading session. Nifty would see strong support at 7880-7850-7815-7800 whereas strong resistance would be seen at 7980-8008-8055-8105 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (7955) The support for the Nifty is 7880-7850-7815-7800 and the resistance to the up move is at 7980-8008-8055-8105 levels.

NSE BankNifty: (17398) The support for BankNifty is at 17195-17050-16960-16875 and the resistance to the up move is at 17480-17570-17652-17827 levels.

BSE Sensex: (26169) The support for the Sensex is at 26950-25890-25760-25695-25590 and the resistance to the up move is at 26180-26220-26340-26432 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Tuesday, December 01, 2015

EquityPandit

The Only Trade For Now is to Go Long at Dips

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened negative for the day. EquityPandit predicted that market would see some profit booking today and it would be an opportunity for traders to go long in the market at dips and exactly same happened. Indian Stock Market saw sharp profit booking as predicted by EquityPandit. Finally, Indian Stock Market closed flat for the day.

Today: Indian Stock Market would open positive. RBI Credit Policy would be disclosed today. We don’t expect any further rate cut in this policy and hence market would not react much by RBI Policy today. Technically, Nifty and Bank Nifty are both in positive trend and traders should go long in Nifty or Bank Nifty at every dip in the market. Some further profit booking can’t be ruled out but overall, market is positive and the trade is in long direction. FIIs were net sellers of Rs.1053.84 crores whereas DIIs were net buyers of Rs.601.73 crores in last trading session. Nifty would see strong support at 7880-7850-7815-7800 whereas strong resistance would be seen at 7958-7980-8008-8055 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (7935) The support for the Nifty is 7880-7850-7815-7800 and the resistance to the up move is at 7958-7980-8008-8055 levels.

NSE BankNifty: (17430) The support for BankNifty is at 17195-17050-16960-16875 and the resistance to the up move is at 17480-17570-17652-17827 levels.

BSE Sensex: (26146) The support for the Sensex is at 26950-25890-25760-25695-25590 and the resistance to the up move is at 26180-26220-26340-26432 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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