All posts by EquityPandit

MCX Tips for – December 15, 2017

Gold (28317): Gold is trading into negative zone and traders can hold short positions until Gold closes above 28390 levels. Traders can initiate short positions on every rise until Gold closes above 28390 levels.

Silver (37054):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 37245  levels.

Crude (3651): Crude has entered into negative zone. Traders should initiate short positions on every rise. For now traders can hold short position until Crude future closes above 3702 levels.

Natural Gas (172.10): NG Future is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG Future closes above 179.90 levels.

Copper (439.35): Copper is trading into positive zone. Traders can hold Copper Future long positions or can initiate fresh long at every dip until it closes  below 430.20.

Zinc (204.90): Zinc has entered into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc closes below 201.30  levels.

Lead (160.15): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead closes below 158.40 levels.

Nickel (718.30):  Nickel is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Nickel future closes below 697.85 levels.

Aluminium (131.00):  Aluminium has entered into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 128.70 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

Note: All our MCX 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.

MCX Subscription Pricing details can be seen at MCX Services

MCX Tips for – December 14, 2017

Gold (28195): Gold is trading into negative zone and traders can hold short positions until Gold closes above 28390 levels. Traders can initiate short positions on every rise until Gold closes above 28390 levels.

Silver (36967):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 37245  levels.

Crude (3656): Crude is trading into positive zone. Traders should initiate long positions on every dip. For now traders can hold long position until Crude future closes below 3651 levels.

Natural Gas (176.40): NG Future is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG Future closes above 181.70 levels.

Copper (437.25): Copper has entered into positive zone. Traders can hold Copper Future long positions or can initiate fresh long at every dip until it closes  below 427.20.

Zinc (203.20): Zinc is trading into negative zone. Traders can hold short position or can initiate fresh short position on every rise until Zinc closes above 204.10  levels.

Lead (162.50): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead closes below 158.40 levels.

Nickel (713.10):  Nickel is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Nickel future closes below 697.85 levels.

Aluminium (129.15):  Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 130.80 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

Note: All our MCX 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.

MCX Subscription Pricing details can be seen at MCX Services

MCX Tips for – December 13, 2017

Gold (28142): Gold is trading into negative zone and traders can hold short positions until Gold closes above 28443 levels. Traders can initiate short positions on every rise until Gold closes above 28443 levels.

Silver (36729):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 37278  levels.

Crude (3692): Crude is trading into positive zone. Traders should initiate long positions on every dip. For now traders can hold long position until Crude future closes below 3651 levels.

Natural Gas (175.20): NG Future is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG Future closes above 186.65 levels.

Copper (434.50): Copper is trading into negative zone. Traders can hold Copper Future short positions or can initiate fresh short at every rise until it closes  above 436.00.

Zinc (203.50): Zinc is trading into negative zone. Traders can hold short position or can initiate fresh short position on every rise until Zinc closes above 204.10  levels.

Lead (162.95): Lead has entered into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead closes below 158.00 levels.

Nickel (716.60):  Nickel is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Nickel future closes below 696.15 levels.

Aluminium (129.70):  Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 131.30 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

Note: All our MCX 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.

MCX Subscription Pricing details can be seen at MCX Services

MCX Tips for – December 12, 2017

Gold (28347): Gold is trading into negative zone and traders can hold short positions until Gold closes above 28660 levels. Traders can initiate short positions on every rise until Gold closes above 28660 levels.

Silver (36933):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 37505  levels.

Crude (3720): Crude has entered into positive zone. Traders should initiate long positions on every dip. For now traders can hold long position until Crude future closes below 3621 levels.

Natural Gas (182.70): NG Future is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG Future closes above 188.65 levels.

Copper (431.70): Copper is trading into negative zone. Traders can hold Copper Future short positions or can initiate fresh short at every rise until it closes  above 436.00.

Zinc (201.50): Zinc is trading into negative zone. Traders can hold short position or can initiate fresh short position on every rise until Zinc closes above 204.10  levels.

Lead (161.10): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Lead closes above 161.30 levels.

Nickel (721.30):  Nickel has entered into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Nickel future closes below 691.15 levels.

Aluminium (129.95):  Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 131.35 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

Note: All our MCX 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.

MCX Subscription Pricing details can be seen at MCX Services

MCX Tips for – December 11, 2017

Gold (28533): Gold is trading into negative zone and traders can hold short positions until Gold closes above 28777 levels. Traders can initiate short positions on every rise until Gold closes above 28777 levels.

Silver (37055):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 37570  levels.

Crude (3692): Crude is trading into negative zone. Traders should initiate short positions on every rise. For now traders can hold short position until Crude future closes above 3710 levels.

Natural Gas (180.00): NG Future is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG Future closes above 188.65 levels.

Copper (427.80): Copper is trading into negative zone. Traders can hold Copper Future short positions or can initiate fresh short at every rise until it closes  above 436.00.

Zinc (199.30): Zinc is trading into negative zone. Traders can hold short position or can initiate fresh short position on every rise until Zinc closes above 204.10  levels.

Lead (158.35): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Lead closes above 161.30 levels.

Nickel (706.40):  Nickel is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Nickel future closes above 720.75 levels.

Aluminium (129.40):  Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 131.70 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

Note: All our MCX 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.

MCX Subscription Pricing details can be seen at MCX Services

Natural Gas Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Dec 11, 2017 – Dec 15, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 9.50%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 203 to 206 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 212 to 215 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 202 and close the week around the levels of 180.

Support for the commodity lies in the zone of 176 to 180 where the commodity has formed a bottom in the month of August-2017 and November-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 168 to 170 where the commodity has formed a bottom in the month of February-2017.

Resistance for the commodity lies in the zone of 190 to 195 where Fibonacci levels and short, medium & long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 203 to 206 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 165 – 168 on downside & 200 – 205 on upside.

Crude Oil Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Crude Oil for the week  (Dec 11, 2017 – Dec 15, 2017) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL closed the week on negative note losing around 1.90%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 3710 to 3730. Support for the commodity lies in the zone of 3600 to 3650 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3500 to 3520 where break out levels are lying. During the week the commodity manages to hit a low of 3604 and close the week around the levels of 3692.

Support for the commodity lies in the zone of 3600 to 3650 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3500 to 3520 where break out levels are lying.

Minor resistance for the commodity lies in the zone of 3700 to 3750. Resistance for the commodity lies in the zone of 3800 to 3830 where the commodity has formed a top in the month of November-2017. If the commodity manages to close above these levels then the commodity can move to the levels of 3940 to 3980 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 3500 – 3550 on downside & 3850 – 3900 on upside.

Aluminium Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Aluminium for the week  (Dec 11, 2017 – Dec 15, 2017) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM closed the week on negative note losing around 3.20%.

As we have mentioned last week, that support for the commodity lies in the zone of around 130 to 131 from where the commodity broke out of March-2017 highs. If the commodity manages to close below these levels then the commodity can drift to the levels of 126 to 128 where long term moving averages are lying. During the week the commodity manages to hit a low of 129 and close the week around the levels of 130.

Support for the commodity lies in the zone of around 129 to 131 from where the commodity broke out of March-2017 highs and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 125 to 127 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 133 to 135 where medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 138 to 140 where short term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 124 – 126 on downside and 135 – 137 on upside.

Nickel Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Nickel for the week  (Dec 11, 2017 – Dec 15, 2017) :

NICKEL:

 

NICKEL 1

 

NICKEL closed the week on negative note losing around 3.40%.

As we have mentioned last week, that support for the commodity lies in the zone of 700 to 710 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 670 to 675 where Fibonacci levels and long term moving averages are lying. During the week the commodity manages to hit a low of 693 and close the week around the levels of 706.

Support for the commodity lies in the zone of 700 to 705 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 670 to 675 where Fibonacci levels and long term moving averages are lying.

Minor resistance for the commodity lies in the zone of 720 to 725. Resistance for the commodity lies in the zone of 745 to 750 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 775 to 780 from where the commodity has broken down.

Broad range for the commodity in the coming week can be seen between 670 – 680 on downside & 730 – 740 on upside.

Lead Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Lead for the week  (Dec 11, 2017 – Dec 15, 2017) :

LEAD:

 

LEAD 1

 

LEAD closed the week on negative note losing around 3.80%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 160 to 162. Support for the commodity lies in the zone of 154 to 156 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 148 to 150 where Fibonacci levels and long term moving averages are lying. During the week the commodity manages to hit a low of 156 and close the week around the levels of 158.

Support for the commodity lies in the zone of 154 to 156 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 148 to 150 where Fibonacci levels and long term moving averages are lying.

Minor resistance for the commodity lies in the zone of 160 to 162. Resistance for the commodity lies in the zone of 166 to 168 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 170 to 172 where the commodity has formed a top in the month of October-2017.

Broad range for the commodity in the coming week can be seen between 148 – 150 on downside & 168 – 170 on upside.

Zinc Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Zinc for the week  (Dec 11, 2017 – Dec 15, 2017) :

ZINC:

 

ZINC 1

 

ZINC closed the week on a negative note losing around 5.10%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 208 to 210. Support for the commodity lies in the zone of 202 to 204 where break out levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and medium term moving averages are lying. During the week the commodity manages to hit a low of 198 and close the week around the levels of 199.

Support for the commodity lies in the zone of 196 to 198 where break out levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 188 to 190 where long term moving averages are lying.

Resistance for the commodity lies in the zone of 202 to 204 where medium term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 208 to 210 where short term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 188 – 190 on downside & 208 – 210 on upside.

Copper Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Copper for the week  (Dec 11, 2017 – Dec 15, 2017) :

COPPER:

 

COPPER 1

 

COPPER closed the week on negative note losing around 3.70%.

As we have mentioned last week, that support for the commodity lies in the zone of 434 to 436 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 427 where long term Fibonacci levels are lying. During the week the commodity manages to hit a low of 423 and close the week around the levels of 428.

Support for the commodity lies in the zone of 425 to 427 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 415 to 418 where break out levels and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 434 to 436 where break out levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 440 to 443 where short term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 415 – 418 on downside & 440 – 443 on upside.

Silver Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Silver for the week  (Dec 11, 2017 – Dec 15, 2017) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 1.40%.

As we have mentioned last week, that support for the commodity lies in the zone of 36900 to 37000 where the commodity has taken support in the month of August-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 35400 to 35500 where the commodity has formed a bottom in the month of July-2017. During the week the commodity manages to hit a low of 36872 and close the week around the levels of 37055.

Support for the commodity lies in the zone of 36900 to 37000 where the commodity has taken support in the month of August-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 35400 to 35500 where the commodity has formed a bottom in the month of July-2017.

Resistance for the commodity lies in the zone of 37500 to 37700 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 38000 to 38100 from where the commodity has broken down.

Broad range for the commodity in the coming week can be seen between 35400 – 35500 on downside & 38600 – 38700 on upside.

Gold Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Gold for the week  (Dec 11, 2017 – Dec 15, 2017) :

GOLD:

 

GOLD 1

 

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

As we have mentioned last week, that support for the commodity lies in the zone of 29000 to 29100 where Fibonacci level and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28500 to 28600 where break out levels are lying. During the week the commodity manages to hit a low of 28471 and close the week around the levels of 28533.

Support for the commodity lies in the zone of 28500 to 28600 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28000 to 28100 where Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 28900 to 29000 where Fibonacci level and long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 29300 to 29350 where short term moving averages are lying.

Broad range for the commodity in the coming week can be seen between 28000 – 28100 on downside & 29000 – 29100 on upside.

Colgate Palmolive Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Colgate Palmolive for the week  (Dec 11, 2017 – Dec 15, 2017) :

COLGATE PALMOLIVE:

 

COLPAL

 

Colgate Palmolive closed the week on positive note gaining around 3.90%.

As we have mentioned last week that minor resistance for the stock lies in the zone of 1055 to 1060. Resistance for the stock lies in the zone of 1070 to 1080 where short & medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 1130 to 1135 from where the stock has broken down after consolidation. During the week the stock manages to hit a high of 1074 and close the week around the levels of 1069.

Minor support for the stock lies in the zone of 1055 to 1060. Support for the stock lies in the zone of 1020 to 1030 where the stock has taken multiple support. If the stock manages to close below these levels then the stock can witness a major breakdown and can drift to the levels of 960 to 970 from where the stock has bounced in the month of May-2017.

Resistance for the stock lies in the zone of 1070 to 1080 where short & medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 1130 to 1135 from where the stock has broken down after consolidation.

Broad range for the stock is seen between 1020 to 1030 on downside & 1120 to 1130 on upside.

Dabur Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for DABUR for the week  (Dec 11, 2017 – Dec 15, 2017) :

DABUR:

 

DABUR

 

Dabur closed the week on positive note gaining around 2.90%.

As we have mentioned last week, that minor support for the stock lies in the zone of 338 to 340. Support for the stock lies in the zone of 334 to 336 from where the stock has opened gap up. If the stock manages to close below these levels then the stock can drift to the levels of 325 to 328 from where the stock broke out of October-2017 highs. During the week the stock manages to hit a low of 339 and close the week around the levels of 351.

Minor support for the stock lies in the zone of 345 to 347. Support for the stock lies in the zone of 334 to 336 from where the stock has opened gap up. If the stock manages to close below these levels then the stock can drift to the levels of 325 to 328 from where the stock broke out of October-2017 highs.

Resistance for the stock lies in the zone of 350 to 355. If the stock manages to close above these levels then the stock can move to the levels of 360 to 365.

Broad range for the stock in the coming week can be seen between 335 to 340 on downside & 365 to 370 on upside.

Hindustan Unilever Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Hindustan Unilever for the week  (Dec 11, 2017 – Dec 15, 2017) :

HINDUSTAN UNILEVER:

 

HINDUNILVR

 

HIND Unilever closed the week on positive note gaining around 6.00%.

As we have mentioned last week, that support for the stock lies in the zone of 1230 to 1240 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 1200 to 1210 where medium term moving averages are lying. During the week the stock manages to hit a low of 1241 and close the week around the levels of 1327.

Support for the stock lies in the zone of 1280 to 1290 from where the stock broke out. If the stock manages to close below these levels then the stock can drift to the levels of 1230 to 1240 where short term moving averages are lying.

Resistance for the stock lies in the zone of 1315 to 1325. If the stock manages to close above these levels then the stock can move to the levels of 1350 to 1360.

Broad range for the stock in coming week is seen between 1250 to 1260 on downside & 1380 to 1400 on upside.

ITC Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for ITC for the week  (Dec 11, 2017 – Dec 15, 2017) :

ITC:

 

ITC

 

ITC closed the week on positive note gaining around 2.70%.

As we have mentioned last week, that support for the stock lies in the zone of 248 to 250 where the stock has taken support in the month of November-2017. If the stock manages to close below these levels then the stock can drift to the levels of 240 to 242 from where the stock has broken out. During the week the stock manages to hit a low of 250 and close the week around the levels of 262.

Minor support for the stock lies in the zone of 257 to 260. Support for the stock lies in the zone of 248 to 250 where the stock has taken support in the month of November-2017. If the stock manages to close below these levels then the stock can drift to the levels of 240 to 242 from where the stock has broken out.

Resistance for the stock lies in the zone of 263 to 265 from where the stock has broken down after consolidation and short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 270 to 272 from where the stock has broken down from April-2017, May-2017 & August-2017 lows.

Broad range for the stock in coming week is seen between 250 to 252 on downside & 270 to 272 on upside.

Cipla Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Cipla for the week  (Dec 11, 2017 – Dec 15, 2017) :

CIPLA:

 

CIPLA

 

CIPLA 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 605 to 610 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 625 to 630 from where the stock has sold off. During the week the stock manages to hit a high of 607 and close the week around the levels of 603.

Support for the stock lies in the zone of 585 to 590 where medium term moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 570 to 575 where 200 daily moving averages are lying.

Resistance for the stock lies in the zone of 605 to 610 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 625 to 630 from where the stock has sold off.

Broad range for the stock is seen in the range of 575 – 580 on downside & 625 – 630 on upside.

Dr. Reddy Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (Dec 11, 2017 – Dec 15, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 2.20%.

As we have mentioned last week, that support for the stock lies in the zone of 2180 to 2200 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2050 to 2100 from where the stock broke out in the month of September-2017. During the week the stock manages to hit a low of 2180 and close the week around the levels of 2185.

Support for the stock lies in the zone of 2180 to 2200 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2050 to 2100 from where the stock broke out in the month of September-2017.

Minor resistance for the stock lies in the zone of 2200 to 2230. Resistance for the stock lies in the zone of 2350 to 2400 where short & medium term moving averages and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2500 to 2520 where the stock has opened gap down and 200 Daily moving averages are lying.

Broad range for the stock is seen from 2050 – 2100 on downside & 2300 – 2350 on upside.

Lupin Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Lupin for the week  (Dec 11, 2017 – Dec 15, 2017) :

LUPIN:

 

LUPIN

 

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

As we have mentioned last week, that the stock is in strong downtrend and no support is holding. Support for the stock lies in the zone of 810 to 820 where the stock has formed a short term bottom. If the stock manages to close below these levels then the stock can drift to the levels of 700 to 750. During the week the stock manages to hit a low of 806 and close the week around the levels of 823.

The stock is in strong downtrend and no support is holding. Support for the stock lies in the zone of 810 to 820 where the stock has formed a short term bottom. If the stock manages to close below these levels then the stock can drift to the levels of 700 to 750.

Minor resistance for the stock lies in the zone of 835 to 840. Resistance for the stock lies in the zone of 855 to 860 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 875 to 880 where Fibonacci levels are lying.

Broad range for the stock in coming week can be seen from 770 – 780 on lower side & 850 – 860 on upper side.

Sun Pharma Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Sun Pharma for the week  (Dec 11, 2017 – Dec 15, 2017) :

SUN PHARMA:

 

SUNPHARMA

 

SUN PHARMA closed the week on negative note losing around 0.80%.

As we have mentioned last week, that support for the stock lies in the zone of 515 to 520 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 495 to 500 where the stock has taken support in the month of November-2017. During the week the stock manages to hit a low of 506 and close the week around the levels of 522.

Support for the stock lies in the zone of 515 to 520 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 495 to 500 where the stock has taken support in the month of November-2017.

Minor resistance for the stock lies in the zone of 530 to 535. Resistance for the stock lies in the zone of 550 to 555 from where the stock has sold off. If the stock manages to close above these levels then the stock can move to the levels of 570 to 575 where 200 daily moving averages are lying.

Broad range for the stock in the coming week can be 495 – 500 on lower side & 550 – 555 on upper side.

Wipro Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Wipro for the week  (Dec 11, 2017 – Dec 15, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 2.20%.

As we have mentioned last week, that support for the stock lies in the zone of 286 to 288 where trend-line support for the stock is lying. If the stock manages to close below these levels then the stock can drift to the levels of 278 to 280 where the stock has taken support in the month of September-2017. During the week the stock manages to hit a low of 280 and close the week around the levels of 283.

Support for the stock lies in the zone of 278 to 280 where the stock has taken support in the month of September-2017. If the stock manages to close below these levels then the stock can drift to the levels of 272 to 274 where long term moving averages are lying.

Resistance for the stock lies in the zone of 286 to 288 where trend-line resistance for the stock is lying. If the stock manages to close above these levels then the stock can move to the levels of 292 to 294 where short and medium term moving averages are lying.

Broad range for the stock in the coming week is seen between 272 to 275 on downside & 290 to 292 on upside.

HCL Tech Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for HCL Tech for the week  (Dec 11, 2017 – Dec 15, 2017) :

HCL TECHNOLOGIES:

 

HCLTECH

 

HCL Tech closed the week on positive note gaining around 4.80%.

As we have mentioned last week, that resistance for the stock lies in the zone of 855 to 860 where 200 daily moving averages and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 875 to 880 where short and medium term moving averages are lying. During the week the stock manages to hit a high of 873 and close the week around the levels of 870.

Support for the stock lies in the zone of 855 to 860 where 200 daily moving averages and Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 810 to 820 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 875 to 880 where short and medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 890 to 900 where the stock has formed a top in the month of November-2017.

Broad range for the stock in the coming week is seen between 830 to 840 on downside & 890 to 900 on upside.

TCS Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for TCS for the week  (Dec 11, 2017 – Dec 15, 2017) :

TATA CONSULTANCY SERVICES:

 

TCS

 

TCS closed the week on negative note losing around 1.10%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2660 to 2700 from where the stock broke down after consolidation. If the stock manages to close above these levels then the stock can move to the levels of 2750 to 2800 where life time high for the stock is lying. During the week the stock manages to hit a high of 2658 and close the week around the levels of 2601.

Support for the stock lies in the zone of 2550 to 2600 from where the stock broke out of July-2017 high. If the stock manages to close below these levels then the stock can drift to the levels of 2450 to 2500 where 200 daily moving averages are lying.

Resistance for the stock lies in the zone of 2660 to 2700 from where the stock broke down after consolidation. If the stock manages to close above these levels then the stock can move to the levels of 2750 to 2800 where life time high for the stock is lying.

Broad range for the stock in the coming week is seen between 2500 to 2530 on downside & 2700 to 2730 on upside.

Infosys Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Infosys for the week  (Dec 11, 2017 – Dec 15, 2017) :

INFOSYS:

 

INFY

 

INFY closed the week on positive note gaining around 4.50%.

As we have mentioned last week, that resistance for the stock lies in the zone of 970 to 980 where Fibonacci level is lying. If the stock manages to close above these levels then the stock can move to the levels of around 1020 to 1030 from where the stock has retraced in the month of July-2017 and August-2017. During the week the stock manages to hit a high of 1007 and close the week around the levels of 1002.

Support for the stock lies in the zone of 985 to 990 where Fibonacci levels are lying. If the stock manages to close below these levels the stock can drift to the levels of 960 to 970 where long term moving averages and Fibonacci level is lying.

Resistance for the stock lies in the zone of 1020 to 1030 from where the stock has retraced in the month of July-2017 and August-2017. If the stock manages to close above these levels then the stock can move to the levels of around 1050 to 1060.

Broad range for the stock in the coming week is seen between 950 to 960 on downside & 1030 to 1040 on upside.

SBI Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for SBI for the week  (Dec 11, 2017 – Dec 15, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on absolutely flat note.

As we have mentioned last week, that support for the stock lies in the zone of 310 to 315 from where the stock broke out of May-2017 and July-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 285 to 290 where Fibonacci levels and short, medium and long term moving averages are lying. During the week the stock manages to hit a low of 309 and close the week around the levels of 313.

Support for the stock lies in the zone of 308 to 312 from where the stock broke out of May-2017 and July-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 285 to 290 where Fibonacci levels and short, medium and long term moving averages are lying.

Resistance for the stock lies in the zone of 325 to 327 where trend-line joining earlier high is lying. If the stock manages to close above these levels then the stock can move to the levels of 345 to 350 where life time high for the stock is lying.

Broad range for the stock in the coming week can be 290 to 295 on lower side & 330 to 335 on upper side.

Axis Bank Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Axis Bank for the week  (Dec 11, 2017 – Dec 15, 2017) :

AXIS BANK:

 

AXISBANK

 

Axis Bank closed the week on positive note gaining around 1.50%.

As we have mentioned last week, that resistance for the stock lies in the zone of 545 to 550 where break down levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 560 to 565 where the stock has formed a double top pattern. During the week the stock manages to hit a high of 545 and close the week around the levels of 542.

Minor support for the stock lies in the zone of 533 to 538. Support for the stock lies in the zone of 510 to 515 where short, medium and 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 480 to 485 where the stock has opened gap up.

Resistance for the stock lies in the zone of 545 to 550 where break down levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 560 to 565 where the stock has formed a double top pattern.

Broad range for the stock in the coming week can be 505– 510 on lower side & 570 – 575 on upper side.

ICICI Bank Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for ICICI Bank for the week  (Dec 11, 2017 – Dec 15, 2017) :

ICICI BANK:

 

ICICIBANK

 

ICICI Bank closed the week on positive note gaining around 1.80%.

As we have mentioned last week, that support for the stock lies in the zone of 300 to 305 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 293 to 296 where short & medium term moving averages are lying. During the week the stock manages to hit a low of 298 and close the week around the levels of 311.

Minor support for the stock lies in the zone of 306 to 308. Support for the stock lies in the zone of 298 to 302 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 293 to 296 where short & medium term moving averages are lying.

Minor resistance for the stock lies in the zone of 312 to 314. Resistance for the stock lies in the zone of 318 to 322 where break down levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 325 to 330 from where the stock has sold off in the month of March-2015.

Broad range for the stock in the coming week can be 295 – 300 on lower side & 320 – 325 on upper side.

HDFC Bank Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for HDFC Bank for the week  (Dec 11, 2017 – Dec 15, 2017) :

HDFC BANK:

 

HDFCBANK

 

HDFC Bank closed the week on negative note losing around 0.40%.

As we have mentioned last week, that minor support for the stock lies in the zone of 1830 to 1840. Support for the stock lies in the zone of 1810 to 1820 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of around 1770 to 1780 where medium term moving averages are lying. During the week the stock manages to hit a low of 1800 and close the week around the levels of 1840.

Minor support for the stock lies in the zone of 1830 to 1840. Support for the stock lies in the zone of 1820 to 1825 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of around 1790 to 1800 where medium term moving averages are lying.

Minor resistance for the stock lies in the zone of 1845 to 1850. Resistance for the stock lies in the zone of 1870 to 1880 where life time high for the stock is lying. If the stock manages to close above these levels then the stock can move to the levels of 1900 to 1910.

Broad range for the stock in the coming week can be 1800 to 1810 on lower side & 1900 to 1910 on upper side.

Nifty Media Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (Dec 11, 2017 – Dec 15, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

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

As we have mentioned last week, that support for the index lies in the zone of 3220 to 3250 from where the index broke out. If the index manages to close below these levels then the index can drift to the levels of 3150 to 3170 where Fibonacci levels are lying. During the week the index manages to hit a low of 3216 and close the week around the levels of 3313.

Support for the index lies in the zone of 3220 to 3250 from where the index broke out. If the index manages to close below these levels then the index can drift to the levels of 3150 to 3170 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 3350 to 3400 where the index has formed a top in the month of November-2017. If the index manages to close above these levels then the index can move to the levels of 3480 to 3520.

Broad range for the index is seen between 3200 to 3230 on downside & 3400 to 3450 on upside.

Nifty PSU Bank Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for NIFTY PSU BANK for the week  (Dec 11, 2017 – Dec 15, 2017) :

NIFTY PSU BANK:

 

NIFTYPSUBA

 

Nifty PSU BANK index closed the week on absolutely flat note.

As we have mentioned last week, that support for the index lies in the zone of 3700 to 3750 from where the index broke out of August-2017 highs. If the index manages to close below these levels then the index can drift to the levels of 3450 to 3500 where short, medium & long term moving averages and Fibonacci levels are lying. During the week the index manages to hit a low of 3723 and close the week around the levels of 3767.

Support for the index lies in the zone of 3700 to 3750 from where the index broke out of August-2017 highs. If the index manages to close below these levels then the index can drift to the levels of 3450 to 3500 where short, medium & long term moving averages and Fibonacci levels are lying.

Resistance for the index lies in the zone of 3850 to 3900 from where the index broke down after consolidation. If the index manages to close above these levels then the index can move to the levels of 4150 to 4200 from where the index broke down.

Broad range for the index is seen between 3500 to 3550 on downside & 4000 to 4050 on upside.

Nifty Metal Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for NIFTY METAL for the week  (Dec 11, 2017 – Dec 15, 2017) :

NIFTY METAL:

 

NIFTYMETAL

 

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

As we have mentioned last week, that support for the index lies in the zone of 3550 to 3600 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 3350 to 3400 where the index has formed a bottom in the month of September-2017. During the week the index manages to hit a low of 3521 and close the week around the levels of 3643.

Support for the index lies in the zone of 3550 to 3600 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 3350 to 3400 where the index has formed a bottom in the month of September-2017.

Resistance for the index lies in the zone of 3700 to 3750 where trend-line joining earlier highs and short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3900 to 3950 from where the index broke down after consolidation.

Broad range for the index is seen between 3400 to 3450 on downside & 3800 to 3850 on upside.

Nifty Energy Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for NIFTY ENERGY for the week  (Dec 11, 2017 – Dec 15, 2017) :

NIFTY ENERGY:

 

NIFTYENERG

 

Nifty ENERGY index closed the week on positive note gaining around 1.70%.

As we have mentioned last week, that support for the index lies in the zone of 13600 to 13700 where the index has formed a double top pattern in the month of September-2017. If the index manages to close below these levels then the index can drift to the levels of 13100 to 13200 where medium term moving averages are lying. During the week the index manages to hit a low of 13802 and close the week around the levels of 14174.

Minor support for the index lies in the zone of 14050 to 14100. Support for the index lies in the zone of 13600 to 13700 where the index has formed a double top pattern in the month of September-2017. If the index manages to close below these levels then the index can drift to the levels of 13100 to 13200 where medium term moving averages are lying.

Resistance for the index lies in the zone of 14350 to 14450 from where the index broke down after consolidation. If the index manages to close above these levels then the index can move to the levels of 14700 to 14800 where the index has formed a top in the month of October-2017.

Broad range for the index is seen between 13700 to 13800 on downside & 14500 to 14600 on upside.

Nifty Auto Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (Dec 11, 2017 – Dec 15, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 1.50%.

As we have mentioned last week, that support for the index lies in the zone of 11000 to 11100 where Fibonacci levels and short & medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10700 to 10800 from where the index broke out. During the week the index manages to hit a low of 11004 and close the week around the levels of 11357.

Minor support for the index lies in the zone of 11250 to 11300. Support for the index lies in the zone of 11000 to 11100 where Fibonacci levels and short & medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10700 to 10800 from where the index broke out.

Resistance for the index lies in the zone of 11350 to 11450 where trend-line joining highs formed in the month of June-2017 and August-2017 is lying. If the index manages to close below these levels then the index can move to the levels of 11550 to 11600 where Fibonacci levels are lying.

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

Nifty Pharma Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for NIFTY Pharma for the week  (Dec 11, 2017 – Dec 15, 2017) :

NIFTY PHARMA:

 

NIFTYPHARM

 

Nifty PHARMA index closed the week on absolutely flat note.

As we have mentioned last week, that resistance for the index lies in the zone of 9150 to 9200 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 9350 to 9400 where short & medium term moving averages are lying. During the week the index manages to hit a high of 9153 and close the week around the levels of 9098.

Support for the index lies in the zone of 8950 to 9000 where the index has formed a double bottom pattern. If the index manages to close below these levels then the index can drift to the levels of 8750 to 8800 where break out levels for the index is lying.

Resistance for the index lies in the zone of 9150 to 9200 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 9350 to 9400 where short & medium term moving averages are lying.

Broad range for the index is seen from 8800 to 8850 on downside & 9300 to 9350 on upside.

Nifty FMCG Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (Dec 11, 2017 – Dec 15, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 3.10%.

As we have mentioned last week, that resistance for the index lies in the zone of 26000 to 26100 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 26500 to 26600. During the week the index manages to hit a high of 26491 and close the week around the levels of 26460.

Support for the index lies in the zone of 26000 to 26100 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 25450 to 25550 where Fibonacci levels and short & medium term moving averages are lying.

Resistance for the index lies in the zone of 26500 to 26600. If the index manages to close above these levels then the index can move to the levels of 27000 to 27200 from where the index has opened gap down.

Broad range for the index in the coming week is seen from 25300 to 25500 on downside & 27200 to 27400 on upside.

Nifty IT Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for NIFTY IT for the week  ( Dec 11, 2017 – Dec 15, 2017) :  

NIFTY IT:

 

NIFTYIT

 

Nifty IT index closed the week on positive note gaining around 2.00%.

As we have mentioned last week, that support for the index lies in the zone of 10850 to 10900 where break out levels and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10600 to 10700 where medium & long term moving averages and trend-line support for the index is lying. During the week the index manages to hit a low of 10901 and close the week around the levels of 11173.

Support for the index lies in the zone of 11050 to 11100 where long term Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 10850 to 10900 where break out levels and short term moving averages are lying.

Resistance for the index lies in the zone of 11250 to 11350 where the index has formed a double top pattern and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 11450 to 11550.

Broad range for the index in the coming week is seen from 10700 to 10800 on downside & 11400 to 11500 on upside.

Nifty Bank Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for Nifty Bank for the week  (Dec 11, 2017 – Dec 15, 2017) :

NIFTY BANK:

 

BANKNIFTY

 

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

As we have mentioned, last week that support for the index lies in the zone of 25000 to 25100 from where the index broke out of triple top pattern. If the index manages to close below these levels then the index can drift to the levels of 24500 to 24600 where break out gap for the index is lying. During the week the index manages to hit a low of 24813 and close the week around the levels of 25321.

Support for the index lies in the zone of 25000 to 25100 from where the index broke out of triple top pattern. If the index manages to close below these levels then the index can drift to the levels of 24500 to 24600 where break out gap for the index is lying.

Minor resistance for the index lies in the zone of 25400 to 25500. Resistance for the index lies in the zone of 25900 to 26000 where channel resistance for the index is lying. If the index manages to close above these levels then the index can move to the levels of 26300 to 26400.

Range for the week is seen from 24700 to 24800 on downside & 25700 to 25800 on upside.

Nifty Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

Equityandit’s Outlook for Nifty for week (Dec 11, 2017 – Dec 15, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on positive note gaining around 1.40%.

As we have mentioned last week, that support for the index lies in the zone of 10000 to 10050 where medium term moving averages and low for the month of November-2017 are lying. If the index manages to close below these levels then the index can drift to the levels of 9650 to 9700 where 200 daily moving averages and lows for the month of August-2017 and September-2017 are lying. During the week the index manages to hit a low of 10033 and close the week around the levels of 10266.

Support for the index lies in the zone of 10000 to 10050 where medium term moving averages and low for the month of November-2017 are lying. If the index manages to close below these levels then the index can drift to the levels of 9650 to 9700 where 200 daily moving averages and lows for the month of August-2017 and September-2017 are lying.

Resistance for the index lies in the zone of 10200 to 10300 where short term moving averages and break down levels are lying. If the index manages to close above these levels then the index can move to the levels of 10480 to 10520 where trend-line joining highs formed in the month of September-2016 and August-2017 is lying.

Broad range for the week is seen from 9900 on downside & 10500 on upside.

MCX Tips for – December 07, 2017

Gold (28967): Gold is trading into negative zone and traders can hold short positions until Gold closes above 29183 levels. Traders can initiate short positions on every rise until Gold closes above 29183 levels.

Silver (37444):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 38115  levels.

Crude (3637): Crude is trading into negative zone. Traders should initiate short positions on every rise. For now traders can hold short position until Crude future closes above 3745 levels.

Natural Gas (188.80): NG Future is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG Future closes above 197.90 levels.

Copper (426.50): Copper is trading into negative zone. Traders can hold Copper Future short positions or can initiate fresh short at every rise until it closes  above 436.00.

Zinc (199.85): Zinc is trading into negative zone. Traders can hold short position or can initiate fresh short position on every rise until Zinc closes above 205.55  levels.

Lead (162.55): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead closes below 160.50 levels.

Nickel (699.00):  Nickel is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Nickel future closes above 720.75 levels.

Aluminium (130.20):  Aluminium has entered into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 133.00 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

Note: All our MCX 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.

MCX Subscription Pricing details can be seen at MCX Services

Nifty Realty Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for NIFTY REALTY for the week  (Dec 11, 2017 – Dec 15, 2017) :

NIFTY REALTY:

 

NIFTYREALT

 

Nifty REALTY index closed the week on positive note gaining around 1.30%.

As we have mentioned last week, that minor support for the index lies in the zone of 313 to 315. Support for the index lies in the zone of 300 to 303 from where the index has opened gap up. If the index manages to close below these levels then the index can drift to the levels of 292 to 295 where long term Fibonacci levels and short term moving averages are lying. During the week the index manages to hit a low of 314 and close the week around the levels of 323.

Minor support for the index lies in the zone of 313 to 315. Support for the index lies in the zone of 300 to 303 from where the index has opened gap up. If the index manages to close below these levels then the index can drift to the levels of 292 to 295 where long term Fibonacci levels and short term moving averages are lying.

Resistance for the index lies in the zone of 320 to 325. If the index manages to close above these levels then the index can move to the levels of 335 to 338 where long term Fibonacci levels are lying.

Broad range for the index is seen between 305 to 310 on downside & 335 to 340 on upside.

MCX Tips for – December 06, 2017

Gold (29110): Gold is trading into negative zone and traders can hold short positions until Gold closes above 29278 levels. Traders can initiate short positions on every rise until Gold closes above 29278 levels.

Silver (37666):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 38115  levels.

Crude (3724): Crude is trading into negative zone. Traders should initiate short positions on every rise. For now traders can hold short position until Crude future closes above 3780 levels.

Natural Gas (187.60): NG Future is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG Future closes above 198.90 levels.

Copper (423.70): Copper has entered into negative zone. Traders can hold Copper Future short positions or can initiate fresh short at every rise until it closes  above 441.70.

Zinc (201.20): Zinc has entered into negative zone. Traders can hold short position or can initiate fresh short position on every rise until Zinc closes above 207.70  levels.

Lead (160.95): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead closes below 160.50 levels.

Nickel (702.60):  Nickel is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Nickel future closes above 737.55 levels.

Aluminium (132.00):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 131.10 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

Note: All our MCX 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.

MCX Subscription Pricing details can be seen at MCX Services

MCX Tips for – December 05, 2017

Gold (29027): Gold is trading into negative zone and traders can hold short positions until Gold closes above 29302 levels. Traders can initiate short positions on every rise until Gold closes above 29302 levels.

Silver (37494):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 38142  levels.

Crude (3714): Crude is trading into negative zone. Traders should initiate short positions on every rise. For now traders can hold short position until Crude future closes above 3781 levels.

Natural Gas (192.20): NG Future is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG Future closes above 205.40 levels.

Copper (442.85): Copper is trading into positive zone. Traders can hold Copper Future long positions or can initiate fresh long at every dip until it closes  below 437.70.

Zinc (204.85): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc closes below 203.30  levels.

Lead (161.85): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead closes below 160.50 levels.

Nickel (732.20):  Nickel is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Nickel future closes above 742.45 levels.

Aluminium (133.05):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 131.10 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

Note: All our MCX 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.

MCX Subscription Pricing details can be seen at MCX Services

MCX Tips for – December 04, 2017

Gold (29209): Gold is trading into negative zone and traders can hold short positions until Gold closes above 29330 levels. Traders can initiate short positions on every rise until Gold closes above 29330 levels.

Silver (37582):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 38142  levels.

Crude (3762): Crude is trading into negative zone. Traders should initiate short positions on every rise. For now traders can hold short position until Crude future closes above 3781 levels.

Natural Gas (198.80): NG Future is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG Future closes above 206.60 levels.

Copper (444.25): Copper has entered into positive zone. Traders can hold Copper Future long positions or can initiate fresh long at every dip until it closes  below 437.50.

Zinc (210.00): Zinc has entered into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc closes below 203.30  levels.

Lead (164.55): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead closes below 159.25 levels.

Nickel (731.40):  Nickel is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Nickel future closes above 742.45 levels.

Aluminium (133.75):  Aluminium has entered into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 131.10 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

Note: All our MCX 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.

MCX Subscription Pricing details can be seen at MCX Services

Natural Gas Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Dec 04, 2017 – Dec 08, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on positive note gaining around 9.20%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 184 to 186. Resistance for the commodity lies in the zone of 189 to 191 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 195 to 197 where 200 daily moving averages are lying. During the week the commodity manages to hit a high of 208 and close the week around the levels of 199.

Support for the commodity lies in the zone of 190 to 195 where Fibonacci levels and short, medium & long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 176 to 180 where the commodity has formed a bottom in the month of August-2017 and November-2017.

Resistance for the commodity lies in the zone of 203 to 206 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 212 to 215 where Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 175 – 180 on downside & 215 – 220 on upside.

Crude Oil Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Crude Oil for the week  (Dec 04, 2017 – Dec 08, 2017) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL closed the week on negative note losing around 1.20%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 3720 to 3750. Support for the commodity lies in the zone of 3600 to 3650 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3500 to 3520 where break out levels are lying. During the week the commodity manages to hit a low of 3660 and close the week around the levels of 3762.

Minor support for the commodity lies in the zone of 3710 to 3730. Support for the commodity lies in the zone of 3600 to 3650 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3500 to 3520 where break out levels are lying.

Minor resistance for the commodity lies in the zone of 3800 to 3830. Resistance for the commodity lies in the zone of 3940 to 3980 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 4200 to 4250.

Broad range for the commodity in the coming week can be seen between 3600 – 3630 on downside & 3900 – 3930 on upside.

Aluminium Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Aluminium for the week  (Dec 04, 2017 – Dec 08, 2017) :

ALUMINIUM:

 

ALUMINIUM 1

 

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

As we have mentioned last week, that support for the commodity lies in the zone of around 133 to 134 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 130 to 131 from where the commodity broke out of March-2017 highs. During the week the commodity manages to hit a low of 130 and close the week around the levels of 134.

Support for the commodity lies in the zone of around 130 to 131 from where the commodity broke out of March-2017 highs. If the commodity manages to close below these levels then the commodity can drift to the levels of 126 to 128 where long term moving averages are lying.

Resistance for the commodity lies in the zone of 138 to 140 where short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 142 to 144 where the commodity has formed a top in the month of October-2017.

Broad range for the commodity in the coming week can be seen between 126 – 128 on downside and 143 – 145 on upside.

Nickel Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Nickel for the week  (Dec 04, 2017 – Dec 08, 2017) :

NICKEL:

 

NICKEL 1

 

NICKEL closed the week on negative note losing around 5.50%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 760 to 765. Support for the commodity lies in the zone of 745 to 750 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 700 to 710 where Fibonacci levels and medium term moving averages are lying. During the week the commodity manages to hit a low of 707 and close the week around the levels of 731.

Support for the commodity lies in the zone of 700 to 710 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 670 to 675 where Fibonacci levels and long term moving averages are lying.

Resistance for the commodity lies in the zone of 745 to 750 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 775 to 780 from where the commodity has broken down.

Broad range for the commodity in the coming week can be seen between 670 – 680 on downside & 770 – 780 on upside.

Lead Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Lead for the week  (Dec 04, 2017 – Dec 08, 2017) :

LEAD:

 

LEAD 1

 

LEAD closed the week on positive note gaining around 2.60%.

As we have mentioned last week, that support for the commodity lies in the zone of 154 to 156 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 148 to 150 where Fibonacci levels and long term moving averages are lying. During the week the commodity manages to hit a low of 155 and close the week around the levels of 164.

Minor support for the commodity lies in the zone of 160 to 162. Support for the commodity lies in the zone of 154 to 156 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 148 to 150 where Fibonacci levels and long term moving averages are lying.

Resistance for the commodity lies in the zone of 166 to 168 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 170 to 172 where the commodity has formed a top in the month of October-2017.

Broad range for the commodity in the coming week can be seen between 154 – 156 on downside & 170 – 172 on upside.

Zinc Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Zinc for the week  (Dec 04, 2017 – Dec 08, 2017) :

ZINC:

 

ZINC 1

 

ZINC closed the week on a positive note gaining around 0.20%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 208 to 210. Support for the commodity lies in the zone of 202 to 204 where break out levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and medium term moving averages are lying. During the week the commodity manages to hit a low of 202 and close the week around the levels of 210.

Minor support for the commodity lies in the zone of 208 to 210. Support for the commodity lies in the zone of 202 to 204 where break out levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and medium term moving averages are lying.

Resistance for the commodity lies in the zone of 214 to 216. If the commodity manages to close above these levels then the commodity can move to the levels of 218 to 220 where the commodity has formed a top in the month of October-2017.

Broad range for the commodity in the coming week can be seen between 200 – 202 on downside & 220 – 222 on upside.

Copper Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Copper for the week  (Dec 04, 2017 – Dec 08, 2017) :

COPPER:

 

COPPER 1

 

COPPER closed the week on negative note losing around 1.70%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 451 to 453 from where the commodity has broken down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 464 to 466 where long term Fibonacci levels are lying. During the week the commodity manages to hit a high of 452 and close the week around the levels of 444.

Support for the commodity lies in the zone of 434 to 436 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 427 where long term Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 451 to 453 from where the commodity has broken down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 464 to 466 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 430 – 433 on downside & 453 – 456 on upside.

Silver Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Silver for the week  (Dec 04, 2017 – Dec 08, 2017) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 4.20%.

As we have mentioned last week, that support for the commodity lies in the zone of 39000 to 39100 where medium term moving averages and long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38600 to 38700 where the commodity has formed a low in the month of October-2017. During the week the commodity manages to hit a low of 37300 and close the week around the levels of 37582.

Support for the commodity lies in the zone of 36900 to 37000 where the commodity has taken support in the month of August-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 35400 to 35500 where the commodity has formed a bottom in the month of July-2017.

Resistance for the commodity lies in the zone of 38000 to 38100 from where the commodity has broken down. If the commodity manages to close above these levels then the commodity can move to the levels of 38600 to 38700 from where the commodity has broken down from double bottom pattern.

Broad range for the commodity in the coming week can be seen between 35400 – 35500 on downside & 38600 – 38700 on upside.

Gold Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Gold for the week  (Dec 04, 2017 – Dec 08, 2017) :

GOLD:

 

GOLD 1

 

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

As we have mentioned last week, that support for the commodity lies in the zone of 29000 to 29100 where Fibonacci level and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28500 to 28600 where break out levels are lying. During the week the commodity manages to hit a low of 28950 and close the week around the levels of 29209.

Support for the commodity lies in the zone of 29000 to 29100 where Fibonacci level and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28500 to 28600 where break out levels are lying.

Minor resistance for the commodity lies in the zone of 29300 to 29400. Resistance for the commodity lies in the zone of 29600 to 29650 where Fibonacci level and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 30000 to 30100 where the commodity has formed in the month of October-2017.

Broad range for the commodity in the coming week can be seen between 28500 – 28600 on downside & 29600 – 29700 on upside.

Colgate Palmolive Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Colgate Palmolive for the week  (Dec 04, 2017 – Dec 08, 2017) :

COLGATE PALMOLIVE:

 

COLPAL

 

Colgate Palmolive 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 1030 to 1040 from where the stock has broken out of April-2017 highs. If the stock manages to close below these levels then the stock can witness a major breakdown and can drift to the levels of 960 to 970 from where the stock has bounced in the month of May-2017. During the week the stock manages to hit a low of 1025 and close the week around the levels of 1029.

Support for the stock lies in the zone of 1020 to 1030 where the stock has taken multiple support. If the stock manages to close below these levels then the stock can witness a major breakdown and can drift to the levels of 960 to 970 from where the stock has bounced in the month of May-2017.

Minor resistance for the stock lies in the zone of 1055 to 1060. Resistance for the stock lies in the zone of 1070 to 1080 where short & medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 1130 to 1135 from where the stock has broken down after consolidation.

Broad range for the stock is seen between 980 to 990 on downside & 1060 to 1070 on upside.

Dabur Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for DABUR for the week  (Dec 04, 2017 – Dec 08, 2017) :

DABUR:

 

DABUR

 

Dabur closed the week on negative note losing around 1.10%.

As we have mentioned last week, that minor support for the stock lies in the zone of 338 to 340. Support for the stock lies in the zone of 334 to 336 from where the stock has opened gap up. If the stock manages to close below these levels then the stock can drift to the levels of 325 to 328 from where the stock broke out of October-2017 highs. During the week the stock manages to hit a low of 336 and close the week around the levels of 341.

Minor support for the stock lies in the zone of 338 to 340. Support for the stock lies in the zone of 334 to 336 from where the stock has opened gap up. If the stock manages to close below these levels then the stock can drift to the levels of 325 to 328 from where the stock broke out of October-2017 highs.

Resistance for the stock lies in the zone of 347 to 350. If the stock manages to close above these levels then the stock can move to the levels of 360 to 365.

Broad range for the stock in the coming week can be seen between 325 to 330 on downside & 355 to 360 on upside.

Hindustan Unilever Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Hindustan Unilever for the week  (Dec 04, 2017 – Dec 08, 2017) :

HINDUSTAN UNILEVER:

 

HINDUNILVR

 

HIND Unilever closed the week on negative note losing around 1.30%.

As we have mentioned last week, that minor resistance for the stock lies in the zone of 1275 to 1285. Resistance for the stock lies in the zone of 1315 to 1325. If the stock manages to close above these levels then the stock can move to the levels of 1350 to 1360. During the week the stock manages to hit a high of 1281 and close the week around the levels of 1250.

Support for the stock lies in the zone of 1230 to 1240 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 1200 to 1210 where medium term moving averages are lying.

Minor resistance for the stock lies in the zone of 1275 to 1285. Resistance for the stock lies in the zone of 1315 to 1325. If the stock manages to close above these levels then the stock can move to the levels of 1350 to 1360.

Broad range for the stock in coming week is seen between 1200 to 1210 on downside & 1280 to 1300 on upside.

ITC Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for ITC for the week  (Dec 04, 2017 – Dec 08, 2017) :

ITC:

 

ITC

 

ITC closed the week on negative note losing around 2.10%.

As we have mentioned last week, that support for the stock lies in the zone of 255 to 258 where the stock has taken support in the month of February-2017. If the stock manages to close below these levels then the stock can drift to the levels of 248 to 250. During the week the stock manages to hit a low of 254 and close the week around the levels of 255.

Support for the stock lies in the zone of 248 to 250 where the stock has taken support in the month of November-2017. If the stock manages to close below these levels then the stock can drift to the levels of 240 to 242 from where the stock has broken out.

Minor resistance for the stock lies in the zone of 257 to 260. Resistance for the stock lies in the zone of 263 to 265 from where the stock has broken down after consolidation and short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 270 to 272 from where the stock has broken down from April-2017, May-2017 & August-2017 lows.

Broad range for the stock in coming week is seen between 240 to 245 on downside & 262 to 265 on upside.

Cipla Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Cipla for the week  (Dec 04, 2017 – Dec 08, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on negative note losing around 2.90%.

As we have mentioned last week, that resistance for the stock lies in the zone of 625 to 630 from where the stock has sold off. If the stock manages to close above these levels then the stock can move to the levels of 645 to 650. During the week the stock manages to hit a high of 622 and close the week around the levels of 598.

Support for the stock lies in the zone of 585 to 590 where medium term moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 570 to 575 where 200 daily moving averages are lying.

Resistance for the stock lies in the zone of 605 to 610 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 625 to 630 from where the stock has sold off.

Broad range for the stock is seen in the range of 570 – 575 on downside & 620 – 625 on upside.

Dr. Reddy Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (Dec 04, 2017 – Dec 08, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 2.70%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2350 to 2400 where short & medium term moving averages and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2500 to 2520 where the stock has opened gap down and 200 Daily moving averages are lying. During the week the stock manages to hit a high of 2320 and close the week around the levels of 2234.

Support for the stock lies in the zone of 2180 to 2200 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2050 to 2100 from where the stock broke out in the month of September-2017.

Minor resistance for the stock lies in the zone of 2270 to 2300. Resistance for the stock lies in the zone of 2350 to 2400 where short & medium term moving averages and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2500 to 2520 where the stock has opened gap down and 200 Daily moving averages are lying.

Broad range for the stock is seen from 2050 – 2100 on downside & 2350 – 2400 on upside.

Lupin Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Lupin for the week  (Dec 04, 2017 – Dec 08, 2017) :

LUPIN:

 

LUPIN

 

Lupin closed the week on negative note losing around 1.80%.

As we have mentioned last week, that the stock is in strong downtrend and no support is holding. Support for the stock lies in the zone of 810 to 820 where the stock has formed a short term bottom. If the stock manages to close below these levels then the stock can drift to the levels of 700 to 750. During the week the stock manages to hit a low of 811 and close the week around the levels of 814.

The stock is in strong downtrend and no support is holding. Support for the stock lies in the zone of 810 to 820 where the stock has formed a short term bottom. If the stock manages to close below these levels then the stock can drift to the levels of 700 to 750.

Minor resistance for the stock lies in the zone of 835 to 840. Resistance for the stock lies in the zone of 855 to 860 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 875 to 880 where Fibonacci levels are lying.

Broad range for the stock in coming week can be seen from 770 – 780 on lower side & 850 – 860 on upper side.

Sun Pharma Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Sun Pharma for the week  (Dec 04, 2017 – Dec 08, 2017) :

SUN PHARMA:

 

SUNPHARMA

 

SUN PHARMA closed the week on negative note losing around 4.20%.

As we have mentioned last week, that support for the stock lies in the zone of 535 to 540 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 520 to 525 where Fibonacci levels and short & medium term moving averages are lying. During the week the stock manages to hit a low of 522 and close the week around the levels of 526.

Support for the stock lies in the zone of 515 to 520 where Fibonacci levels and medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 495 to 500 where the stock has taken support in the month of November-2017.

Minor resistance for the stock lies in the zone of 530 to 535. Resistance for the stock lies in the zone of 550 to 555 from where the stock has sold off. If the stock manages to close above these levels then the stock can move to the levels of 570 to 575 where 200 daily moving averages are lying.

Broad range for the stock in the coming week can be 495 – 500 on lower side & 550 – 555 on upper side.

Wipro Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Wipro for the week  (Dec 04, 2017 – Dec 08, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 1.10%.

As we have mentioned last week, that support for the stock lies in the zone of 292 to 294 where break out levels and short term moving averages for the stock is lying. If the stock manages to close below these levels then the stock can drift to the levels of 285 to 287 where medium term moving averages and trend-line support for the stock is lying. During the week the stock manages to hit a low of 288 and close the week around the levels of 289.

Support for the stock lies in the zone of 286 to 288 where trend-line support for the stock is lying. If the stock manages to close below these levels then the stock can drift to the levels of 278 to 280 where the stock has taken support in the month of September-2017.

Minor resistance for the stock lies in the zone of 292 to 293. Resistance for the stock lies in the zone of 298 to 300 where break down levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 305 to 307 from where the stock has broken down.

Broad range for the stock in the coming week is seen between 278 to 280 on downside & 298 to 300 on upside.

HCL Tech Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for HCL Tech for the week  (Dec 04, 2017 – Dec 08, 2017) :

HCL TECHNOLOGIES:

 

HCLTECH

 

HCL Tech closed the week on negative note losing around 3.30%.

As we have mentioned last week, that resistance for the stock lies in the zone of 855 to 860 where 200 daily moving averages and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 875 to 880 where short and medium term moving averages are lying. During the week the stock manages to hit a high of 864 and close the week around the levels of 830.

Support for the stock lies in the zone of 810 to 820 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 780 to 790 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 855 to 860 where 200 daily moving averages and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 875 to 880 where short and medium term moving averages are lying.

Broad range for the stock in the coming week is seen between 780 to 790 on downside & 860 to 870 on upside.

TCS Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for TCS for the week  (Dec 04, 2017 – Dec 08, 2017) :

TATA CONSULTANCY SERVICES:

 

TCS

 

TCS closed the week on negative note losing around 2.10%.

As we have mentioned last week, that support for the stock lies in the zone of 2660 to 2700 where the stock has formed a top in the month of June-2017. If the stock manages to close below these levels then the stock can drift to the levels of 2550 to 2600 from where the stock broke out of July-2017 high. During the week the stock manages to hit a low of 2621 and close the week around the levels of 2630.

Support for the stock lies in the zone of 2550 to 2600 from where the stock broke out of July-2017 high. If the stock manages to close below these levels then the stock can drift to the levels of 2450 to 2500 where 200 daily moving averages are lying.

Resistance for the stock lies in the zone of 2660 to 2700 from where the stock broke down after consolidation. If the stock manages to close above these levels then the stock can move to the levels of 2750 to 2800 where life time high for the stock is lying.

Broad range for the stock in the coming week is seen between 2500 to 2530 on downside & 2700 to 2730 on upside.

Infosys Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Infosys for the week  (Dec 04, 2017 – Dec 08, 2017) :

INFOSYS:

 

INFY

 

INFY closed the week on negative note losing around 5.00%.

As we have mentioned last week, that support for the stock lies in the zone of 970 to 980 where Fibonacci level is lying. If the stock manages to close below these levels the stock can drift to the levels of 955 to 960 where 200 daily moving averages are lying. During the week the stock manages to hit a low of 957 and close the week around the levels of 958.

Support for the stock lies in the zone of 952 to 958 where 200 daily moving averages are lying. If the stock manages to close below these levels the stock can drift to the levels of 930 to 940 where Fibonacci levels and short & medium term moving averages are lying.

Resistance for the stock lies in the zone of 970 to 980 where Fibonacci level is lying. If the stock manages to close above these levels then the stock can move to the levels of around 1020 to 1030 from where the stock has retraced in the month of July-2017 and August-2017.

Broad range for the stock in the coming week is seen between 920 to 930 on downside & 980 to 990 on upside.

SBI Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for SBI for the week  (Dec 04, 2017 – Dec 08, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 6.00%.

As we have mentioned last week, that minor resistance for the stock lies in the zone of 338 to 340. Resistance for the stock lies in the zone of 345 to 350 where life time high for the stock is lying. If the stock manages to close above these levels then the stock can move to the levels of 360 to 365. During the week the stock manages to hit a high of 337 and close the week around the levels of 313.

Support for the stock lies in the zone of 310 to 315 from where the stock broke out of May-2017 and July-2017 highs. If the stock manages to close below these levels then the stock can drift to the levels of 285 to 290 where Fibonacci levels and short, medium and long term moving averages are lying.

Resistance for the stock lies in the zone of 325 to 327 where trend-line joining earlier high is lying. If the stock manages to close above these levels then the stock can move to the levels of 345 to 350 where life time high for the stock is lying.

Broad range for the stock in the coming week can be 290 to 295 on lower side & 330 to 335 on upper side.

Axis Bank Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Axis Bank for the week  (Dec 04, 2017 – Dec 08, 2017) :

AXIS BANK:

 

AXISBANK

 

Axis Bank closed the week on negative note losing around 2.10%.

As we have mentioned last week, that minor support for the stock lies in the zone of 533 to 538. Support for the stock lies in the zone of 520 to 525 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 505 where short, medium and 200 daily moving averages are lying. During the week the stock manages to hit a low of 532 and close the week around the levels of 534.

Minor support for the stock lies in the zone of 533 to 538. Support for the stock lies in the zone of 510 to 515 where short, medium and 200 daily moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 480 to 485 where the stock has opened gap up.

Resistance for the stock lies in the zone of 545 to 550 where break down levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 560 to 565 where the stock has formed a double top pattern.

Broad range for the stock in the coming week can be 500– 505 on lower side & 560 – 565 on upper side.

ICICI Bank Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for ICICI Bank for the week  (Dec 04, 2017 – Dec 08, 2017) :

ICICI BANK:

 

ICICIBANK

 

ICICI Bank closed the week on negative note losing around 3.80%.

As we have mentioned last week, that minor support for the stock lies in the zone of 315 to 318. Support for the stock lies in the zone of 307 to 310 where the stock has taken multiple support. If the stock manages to close below these levels then the stock can drift to the levels of 300 to 305 where break out levels are lying. During the week the stock manages to hit a low of 304 and close the week around the levels of 305.

Support for the stock lies in the zone of 300 to 305 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 293 to 296 where short & medium term moving averages are lying.

Minor resistance for the stock lies in the zone of 310 to 312. Resistance for the stock lies in the zone of 318 to 322 where break down levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 325 to 330 from where the stock has sold off in the month of March-2015.

Broad range for the stock in the coming week can be 285 – 290 on lower side & 318 – 322 on upper side.

HDFC Bank Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for HDFC Bank for the week  (Dec 04, 2017 – Dec 08, 2017) :

HDFC BANK:

 

HDFCBANK

 

HDFC Bank closed the week on absolutely flat note.

As we have mentioned last week, that resistance for the stock lies in the zone of 1870 to 1880 where life time high for the stock is lying. If the stock manages to close above these levels then the stock can move to the levels of 1900 to 1910. During the week the stock manages to hit a high of 1875 and close the week around the levels of 1848.

Minor support for the stock lies in the zone of 1830 to 1840. Support for the stock lies in the zone of 1810 to 1820 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of around 1770 to 1780 where medium term moving averages are lying.

Resistance for the stock lies in the zone of 1870 to 1880 where life time high for the stock is lying. If the stock manages to close above these levels then the stock can move to the levels of 1900 to 1910.

Broad range for the stock in the coming week can be 1800 to 1810 on lower side & 1900 to 1910 on upper side.

Nifty Media Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (Dec 04, 2017 – Dec 08, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 0.40%.

As we have mentioned last week, that support for the index lies in the zone of 3220 to 3250 from where the index broke out. If the index manages to close below these levels then the index can drift to the levels of 3150 to 3170 where Fibonacci levels are lying. During the week the index manages to hit a low of 3244 and close the week around the levels of 3253.

Support for the index lies in the zone of 3220 to 3250 from where the index broke out. If the index manages to close below these levels then the index can drift to the levels of 3150 to 3170 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 3280 to 3300 where the index has formed a top in the month of May-2017. If the index manages to close above these levels then the index can move to the levels of 3450 to 3500.

Broad range for the index is seen between 3100 to 3130 on downside & 3350 to 3400 on upside.

Nifty Realty Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for NIFTY REALTY for the week  (Dec 04, 2017 – Dec 08, 2017) :

NIFTY REALTY:

 

NIFTYREALT

 

Nifty REALTY index closed the week on absolutely flat note.

As we have mentioned last week, that resistance for the index lies in the zone of 320 to 325. If the index manages to close above these levels then the index can move to the levels of 335 to 338 where long term Fibonacci levels are lying. During the week the index manages to hit a high of 330 and close the week around the levels of 319.

Minor support for the index lies in the zone of 313 to 315. Support for the index lies in the zone of 300 to 303 from where the index has opened gap up. If the index manages to close below these levels then the index can drift to the levels of 292 to 295 where long term Fibonacci levels and short term moving averages are lying.

Resistance for the index lies in the zone of 320 to 325. If the index manages to close above these levels then the index can move to the levels of 335 to 338 where long term Fibonacci levels are lying.

Broad range for the index is seen between 300 to 305 on downside & 330 to 335 on upside.

Nifty PSU Bank Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for NIFTY PSU BANK for the week  (Dec 04, 2017 – Dec 08, 2017) :

NIFTY PSU BANK:

 

NIFTYPSUBA

 

Nifty PSU BANK index closed the week on negative note losing around 6.00%.

As we have mentioned last week, that minor support for the index lies in the zone of 4000 to 4020. Support for the index lies in the zone of 3800 to 3850 where the index has taken multiple support. If the index manages to close below these levels then the index can drift to the levels of 3700 to 3750 from where the index broke out of August-2017 highs. During the week the index manages to hit a low of 3746 and close the week around the levels of 3767.

Support for the index lies in the zone of 3700 to 3750 from where the index broke out of August-2017 highs. If the index manages to close below these levels then the index can drift to the levels of 3450 to 3500 where short, medium & long term moving averages and Fibonacci levels are lying.

Resistance for the index lies in the zone of 3850 to 3900 from where the index broke down after consolidation. If the index manages to close above these levels then the index can move to the levels of 4150 to 4200 from where the index broke down.

Broad range for the index is seen between 3500 to 3550 on downside & 4000 to 4050 on upside.

Nifty Metal Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for NIFTY METAL for the week  (Dec 04, 2017 – Dec 08, 2017) :

NIFTY METAL:

 

NIFTYMETAL

 

Nifty METAL index closed the week on negative note losing around 3.90%.

As we have mentioned last week, that support for the index lies in the zone of 3700 to 3750 where trend-line joining earlier highs and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 3550 to 3600 where Fibonacci levels are lying. During the week the index manages to hit a low of 3610 and close the week around the levels of 3618.

Support for the index lies in the zone of 3550 to 3600 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 3350 to 3400 where the index has formed a bottom in the month of September-2017.

Resistance for the index lies in the zone of 3700 to 3750 where trend-line joining earlier highs and short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 3900 to 3950 from where the index broke down after consolidation.

Broad range for the index is seen between 3350 to 3400 on downside & 3800 to 3850 on upside.

Nifty Energy Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for NIFTY ENERGY for the week  (Dec 04, 2017 – Dec 08, 2017) :

NIFTY ENERGY:

 

NIFTYENERG

 

Nifty ENERGY index closed the week on negative note losing around 3.30%.

As we have mentioned last week, that resistance for the index lies in the zone of 14350 to 14450 from where the index broke down after consolidation. If the index manages to close above these levels then the index can move to the levels of 14700 to 14800 where the index has formed a top in the month of October-2017. During the week the index manages to hit a high of 14471 and close the week around the levels of 13941.

Support for the index lies in the zone of 13600 to 13700 where the index has formed a double top pattern in the month of September-2017. If the index manages to close below these levels then the index can drift to the levels of 13100 to 13200 where medium term moving averages are lying.

Minor resistance for the index lies in the zone of 14050 to 14100. Resistance for the index lies in the zone of 14350 to 14450 from where the index broke down after consolidation. If the index manages to close above these levels then the index can move to the levels of 14700 to 14800 where the index has formed a top in the month of October-2017.

Broad range for the index is seen between 13500 to 13600 on downside & 14300 to 14400 on upside.

Nifty Auto Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (Dec 04, 2017 – Dec 08, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 1.60%.

As we have mentioned last week, that resistance for the index lies in the zone of 11350 to 11450 where trend-line joining highs formed in the month of June-2017 and August-2017 is lying. If the index manages to close below these levels then the index can move to the levels of 11550 to 11600 where Fibonacci levels are lying. During the week the index manages to hit a high of 11457 and close the week around the levels of 11188.

Support for the index lies in the zone of 11000 to 11100 where Fibonacci levels and short & medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10700 to 10800 from where the index broke out.

Minor resistance for the index lies in the zone of 11250 to 11300. Resistance for the index lies in the zone of 11350 to 11450 where trend-line joining highs formed in the month of June-2017 and August-2017 is lying. If the index manages to close below these levels then the index can move to the levels of 11550 to 11600 where Fibonacci levels are lying.

Broad range for the index is seen from 10700 to 10800 on downside & 11400 to 11500 on upside.

Nifty Pharma Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for NIFTY Pharma for the week  (Dec 04, 2017 – Dec 08, 2017) :

NIFTY PHARMA:

 

NIFTYPHARM

 

Nifty PHARMA index closed the week on negative note losing around 3.00%.

As we have mentioned last week, that resistance for the index lies in the zone of 9350 to 9400 where short & medium term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 9600 to 9650 from where the index has broken down. During the week the index manages to hit a high of 9401 and close the week around the levels of 9084.

Support for the index lies in the zone of 8950 to 9000 where the index has formed a double bottom pattern. If the index manages to close below these levels then the index can drift to the levels of 8750 to 8800 where break out levels for the index is lying.

Resistance for the index lies in the zone of 9150 to 9200 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 9350 to 9400 where short & medium term moving averages are lying.

Broad range for the index is seen from 8700 to 8750 on downside & 9300 to 9350 on upside.

Nifty FMCG Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (Dec 04, 2017 – Dec 08, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 1.20%.

As we have mentioned last week, that resistance for the index lies in the zone of 26000 to 26100 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 26500 to 26600. During the week the index manages to hit a high of 26049 and close the week around the levels of 25667.

Support for the index lies in the zone of 25450 to 25550 where Fibonacci levels and short & medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 24900 to 25000 from where the index broke out and 200 daily moving averages are lying.

Resistance for the index lies in the zone of 26000 to 26100 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 26500 to 26600.

Broad range for the index in the coming week is seen from 25000 to 25100 on downside & 26200 to 26300 on upside.

Nifty IT Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for NIFTY IT for the week  ( Dec 04, 2017 – Dec 08, 2017) :  

NIFTY IT:

 

NIFTYIT

 

Nifty IT index closed the week on negative note losing around 3.20%.

As we have mentioned last week, that resistance for the index lies in the zone of 11250 to 11350 from where the index has sold off in the month of August-2016. If the index manages to close above these levels then the index can move to the levels of 11600 to 11700. During the week the index manages to hit a high of 11326 and close the week around the levels of 10948.

Support for the index lies in the zone of 10850 to 10900 where break out levels and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10600 to 10700 where medium & long term moving averages and trend-line support for the index is lying.

Resistance for the index lies in the zone of 11050 to 11100 where long term Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 11250 to 11350 from where the index has sold off in the month of August-2016.

Broad range for the index in the coming week is seen from 10600 to 10700 on downside & 11200 to 11300 on upside.

Nifty Bank Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for Nifty Bank for the week  (Dec 04, 2017 – Dec 08, 2017) :

NIFTY BANK:

 

BANKNIFTY

 

Nifty Bank closed the week on negative note losing around 2.30%.

As we have mentioned, last week that minor support for the index lies in the zone of 25550 to 25600. Support for the index lies in the zone of 25000 to 25100 from where the index broke out of triple top pattern. If the index manages to close below these levels then the index can drift to the levels of 24500 to 24600 where break out gap for the index is lying. During the week the index manages to hit a low of 25153 and close the week around the levels of 25200.

Support for the index lies in the zone of 25000 to 25100 from where the index broke out of triple top pattern. If the index manages to close below these levels then the index can drift to the levels of 24500 to 24600 where break out gap for the index is lying.

Minor resistance for the index lies in the zone of 25400 to 25500. Resistance for the index lies in the zone of 25900 to 26000 where channel resistance for the index is lying. If the index manages to close above these levels then the index can move to the levels of 26300 to 26400.

Range for the week is seen from 24500 to 24600 on downside & 25700 to 25800 on upside.

Nifty Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

Equityandit’s Outlook for Nifty for week (Dec 04, 2017 – Dec 08, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on negative note losing around 2.60%.

As we have mentioned last week, that minor support for the index lies in the zone of 10300 to 10320. Support for the index lies in the zone of 10200 to 10250 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 10050 to 10150 where short term moving averages are lying. During the week the index manages to hit a low of 10109 and close the week around the levels of 10122.

Support for the index lies in the zone of 10000 to 10050 where medium term moving averages and low for the month of November-2017 are lying. If the index manages to close below these levels then the index can drift to the levels of 9650 to 9700 where 200 daily moving averages and lows for the month of August-2017 and September-2017 are lying.

Resistance for the index lies in the zone of 10200 to 10300 where short term moving averages and break down levels are lying. If the index manages to close above these levels then the index can move to the levels of 10480 to 10520 where trend-line joining highs formed in the month of September-2016 and August-2017 is lying.

Broad range for the week is seen from 9700 on downside & 10400 on upside.

MCX Tips for – December 01, 2017

Gold (29012): Gold is trading into negative zone and traders can hold short positions until Gold closes above 29330 levels. Traders can initiate short positions on every rise until Gold closes above 29330 levels.

Silver (37532):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 38287  levels.

Crude (3687): Crude is trading into negative zone. Traders should initiate short positions on every rise. For now traders can hold short position until Crude future closes above 3781 levels.

Natural Gas (197.10): NG Future has entered into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG Future closes above 209.20 levels.

Copper (431.40): Copper is trading into negative zone. Traders can hold Copper Future short positions or can initiate fresh short at every rise until it closes  above 438.70.

Zinc (205.95): Zinc is trading into negative zone. Traders can hold short position or can initiate fresh short position on every rise until Zinc closes above 206.70  levels.

Lead (159.35): Lead has entered into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead closes below 155.30 levels.

Nickel (727.50):  Nickel is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Nickel future closes above 744.70 levels.

Aluminium (131.00):  Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 133.15 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

Note: All our MCX 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.

MCX Subscription Pricing details can be seen at MCX Services

MCX Tips for – November 30, 2017

Gold (29223): Gold is trading into negative zone and traders can hold short positions until Gold closes above 29552 levels. Traders can initiate short positions on every rise until Gold closes above 29552 levels.

Silver (37948):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 38830  levels.

Crude (3678): Crude is trading into negative zone. Traders should initiate short positions on every rise. For now traders can hold short position until Crude future closes above 3783 levels.

Natural Gas (205.20): NG Future is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG Future closes below 198.20 levels.

Copper (432.15): Copper is trading into negative zone. Traders can hold Copper Future short positions or can initiate fresh short at every rise until it closes  above 440.50.

Zinc (204.65): Zinc is trading into negative zone. Traders can hold short position or can initiate fresh short position on every rise until Zinc closes above 206.70  levels.

Lead (156.50): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Lead closes above 158.45 levels.

Nickel (734.90):  Nickel is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Nickel future closes above 748.50 levels.

Aluminium (131.60):  Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 135.10 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

Note: All our MCX 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.

MCX Subscription Pricing details can be seen at MCX Services

MCX Tips for – November 29, 2017

Gold (29393): Gold is trading into negative zone and traders can hold short positions until Gold closes above 29593 levels. Traders can initiate short positions on every rise until Gold closes above 29593 levels.

Silver (38619):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 39375  levels.

Crude (3738): Crude is trading into positive zone. Traders should initiate long positions on every dip. For now traders can hold long position until Crude future closes below 3728 levels.

Natural Gas (203.00): NG Future has entered into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG Future closes below 193.00 levels.

Copper (436.50): Copper has entered into negative zone. Traders can hold Copper Future short positions or can initiate fresh short at every rise until it closes  above 445.20.

Zinc (204.90): Zinc is trading into negative zone. Traders can hold short position or can initiate fresh short position on every rise until Zinc closes above 207.70  levels.

Lead (155.85): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Lead closes above 159.45 levels.

Nickel (731.60):  Nickel is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Nickel future closes above 748.65 levels.

Aluminium (134.30):  Aluminium has entered into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 136.80 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

Note: All our MCX 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.

MCX Subscription Pricing details can be seen at MCX Services

MCX Tips for – November 28, 2017

Gold (29497): Gold is trading into negative zone and traders can hold short positions until Gold closes above 29593 levels. Traders can initiate short positions on every rise until Gold closes above 29593 levels.

Silver (39266):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 39752  levels.

Crude (3757): Crude is trading into positive zone. Traders should initiate long positions on every dip. For now traders can hold long position until Crude future closes below 3728 levels.

Natural Gas (189.50): NG Future is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG Future closes above 191.15 levels.

Copper (445.85): Copper is trading into positive zone. Traders can hold Copper Future long positions or can initiate fresh long at every dip until it closes  below 445.20.

Zinc (207.15): Zinc has entered into negative zone. Traders can hold short position or can initiate fresh short position on every rise until Zinc closes above 210.95  levels.

Lead (158.50): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Lead closes above 160.65 levels.

Nickel (744.70):  Nickel has entered into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Nickel future closes above 775.55 levels.

Aluminium (136.90):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 134.60 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

Note: All our MCX 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.

MCX Subscription Pricing details can be seen at MCX Services

MCX Tips for – November 27, 2017

Gold (29380): Gold is trading into negative zone and traders can hold short positions until Gold closes above 29593 levels. Traders can initiate short positions on every rise until Gold closes above 29593 levels.

Silver (39241):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 39806  levels.

Crude (3807): Crude is trading into positive zone. Traders should initiate long positions on every dip. For now traders can hold long position until Crude future closes below 3728 levels.

Natural Gas (182.10): NG Future is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG Future closes above 191.15 levels.

Copper (452.10): Copper is trading into positive zone. Traders can hold Copper Future long positions or can initiate fresh long at every dip until it closes  below 445.20.

Zinc (210.50): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc closes below 207.80  levels.

Lead (160.35): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Lead closes above 160.65 levels.

Nickel (773.90):  Nickel has entered into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Nickel future closes below 751.90 levels.

Aluminium (136.85):  Aluminium has entered into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 134.60 levels.

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Natural Gas Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Nov 27, 2017 – Dec 01, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 10.30%.

As we have mentioned last week, that support for the commodity lies in the zone of 202 to 204 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 195 to 197 where 200 daily moving averages are lying. Below these levels the commodity can drift to the levels of 189 to 191 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 180 and close the week around the levels of 182.

Support for the commodity lies in the zone of 175 to 177 where the commodity has formed a bottom in the month of August-2017. If the commodity manages to close below these levels then the commodity can drift to the levels of 170 to 172 where Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 184 to 186. Resistance for the commodity lies in the zone of 189 to 191 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 195 to 197 where 200 daily moving averages are lying.

Broad range for the commodity in the coming week can be seen between 166 – 168 on downside & 195 – 197 on upside.

Crude Oil Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Crude Oil for the week  (Nov 27, 2017 – Dec 01, 2017) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL closed the week on positive note gaining around 3.80%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 3600 to 3630. Support for the commodity lies in the zone of 3500 to 3520 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3440 to 3470 where highs for the month of September-2017 and Fibonacci levels are lying. During the week the commodity manages to hit a low of 3636 and close the week around the levels of 3807.

Minor support for the commodity lies in the zone of 3720 to 3750. Support for the commodity lies in the zone of 3600 to 3650 where Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3500 to 3520 where break out levels are lying.

Resistance for the commodity lies in the zone of 3940 to 3980 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 4200 to 4250.

Broad range for the commodity in the coming week can be seen between 3700 – 3730 on downside & 3900 – 3930 on upside.

Aluminium Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Aluminium for the week  (Nov 27, 2017 – Dec 01, 2017) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM closed the week on positive note gaining around 0.40%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 138 to 140 where short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 142 to 144 where the commodity has formed a top in the month of October-2017. During the week the commodity manages to hit a high of 137 and close the week around the levels of 137.

Support for the commodity lies in the zone of around 133 to 134 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 130 to 131 from where the commodity broke out of March-2017 highs.

Resistance for the commodity lies in the zone of 138 to 140 where short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 142 to 144 where the commodity has formed a top in the month of October-2017.

Broad range for the commodity in the coming week can be seen between 130 – 132 on downside and 143 – 145 on upside.

Nickel Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Nickel for the week  (Nov 27, 2017 – Dec 01, 2017) :

NICKEL:

 

NICKEL 1

 

NICKEL closed the week on positive note gaining around 3.00%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 770 to 780 from where the commodity has broken down. If the commodity manages to close above these levels then the commodity can move to the levels of around 800 to 810 where long term Fibonacci levels are lying. During the week the commodity manages to hit a high of 779 and close the week around the levels of 774.

Minor support for the commodity lies in the zone of 760 to 765. Support for the commodity lies in the zone of 745 to 750 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 700 to 710 where Fibonacci levels and medium term moving averages are lying.

Resistance for the commodity lies in the zone of 775 to 780 from where the commodity has broken down. If the commodity manages to close above these levels then the commodity can move to the levels of around 800 to 810 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 730 – 740 on downside & 800 – 810 on upside.

Lead Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Lead for the week  (Nov 27, 2017 – Dec 01, 2017) :

LEAD:

 

LEAD 1

 

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

As we have mentioned last week, that support for the commodity lies in the zone of 154 to 156 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 148 to 150 where Fibonacci levels and long term moving averages are lying. During the week the commodity manages to hit a low of 156 and close the week around the levels of 160.

Support for the commodity lies in the zone of 154 to 156 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 148 to 150 where Fibonacci levels and long term moving averages are lying.

Minor resistance for the commodity lies in the zone of 160 to 161. Resistance for the commodity lies in the zone of 166 to 168 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 170 to 172 where the commodity has formed a top in the month of October-2017.

Broad range for the commodity in the coming week can be seen between 150 – 152 on downside & 168 – 170 on upside.

Zinc Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Zinc for the week  (Nov 27, 2017 – Dec 01, 2017) :

ZINC:

 

ZINC 1

 

ZINC closed the week on a positive note gaining around 0.80%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 208 to 210. Support for the commodity lies in the zone of 202 to 204 where break out levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and medium term moving averages are lying. During the week the commodity manages to hit a low of 206 and close the week around the levels of 210.

Minor support for the commodity lies in the zone of 208 to 210. Support for the commodity lies in the zone of 202 to 204 where break out levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and medium term moving averages are lying.

Resistance for the commodity lies in the zone of 214 to 216. If the commodity manages to close above these levels then the commodity can move to the levels of 218 to 220 where the commodity has formed a top in the month of October-2017.

Broad range for the commodity in the coming week can be seen between 200 – 202 on downside & 220 – 222 on upside.

Copper Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Copper for the week  (Nov 27, 2017 – Dec 01, 2017) :

COPPER:

 

COPPER 1

 

COPPER closed the week on positive note gaining around 2.70%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 443 to 445. Resistance for the commodity lies in the zone of 451 to 453 from where the commodity has broken down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 464 to 466 where long term Fibonacci levels are lying. During the week the commodity manages to hit a high of 452 and close the week around the levels of 452.

Minor support for the commodity lies in the zone of 445 to 447. Support for the commodity lies in the zone of 434 to 436 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 427 where long term Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 451 to 453 from where the commodity has broken down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 464 to 466 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 440 – 443 on downside & 463 – 466 on upside.

Silver Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Silver for the week  (Nov 27, 2017 – Dec 01, 2017) :

SILVER:

 

SILVER 1

 

SILVER closed the week on negative note losing around 1.90%.

As we have mentioned last week, that support for the commodity lies in the zone of 39700 to 39800 where long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 39000 to 39100 where medium term moving averages and long term Fibonacci levels are lying. During the week the commodity manages to hit a low of 39162 and close the week around the levels of 39241.

Support for the commodity lies in the zone of 39000 to 39100 where medium term moving averages and long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 38600 to 38700 where the commodity has formed a low in the month of October-2017.

Resistance for the commodity lies in the zone of 39700 to 39800 where long term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40200 to 40300 from where the commodity has sold off.

Broad range for the commodity in the coming week can be seen between 38500 – 38600 on downside & 40000 – 40100 on upside.

Gold Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Gold for the week  (Nov 27, 2017 – Dec 01, 2017) :

GOLD:

 

GOLD 1

 

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

As we have mentioned last week, that minor support for the commodity lies in the zone of 29400 to 29450. Support for the commodity lies in the zone of 29000 to 29100 where Fibonacci level and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28500 to 28600 where break out levels are lying. During the week the commodity manages to hit a low of 29276 and close the week around the levels of 29380.

Support for the commodity lies in the zone of 29000 to 29100 where Fibonacci level and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28500 to 28600 where break out levels are lying.

Resistance for the commodity lies in the zone of 29600 to 29650 where Fibonacci level and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 30000 to 30100 where the commodity has formed in the month of October-2017.

Broad range for the commodity in the coming week can be seen between 28800 – 28900 on downside & 29600 – 29700 on upside.

Colgate Palmolive Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Colgate Palmolive for the week  (Nov 27, 2017 – Dec 01, 2017) :

COLGATE PALMOLIVE:

 

COLPAL

 

Colgate Palmolive closed the week on positive note gaining around 1.30%.

As we have mentioned last week that support for the stock lies in the zone of 1030 to 1040 from where the stock has broken out of April-2017 highs. If the stock manages to close below these levels then the stock can witness a major breakdown and can drift to the levels of 960 to 970 from where the stock has bounced in the month of May-2017. During the week the stock manages to hit a low of 1032 and close the week around the levels of 1055.

Support for the stock lies in the zone of 1030 to 1040 from where the stock has broken out of April-2017 highs. If the stock manages to close below these levels then the stock can witness a major breakdown and can drift to the levels of 960 to 970 from where the stock has bounced in the month of May-2017.

Minor resistance for the stock lies in the zone of 1055 to 1060. Resistance for the stock lies in the zone of 1070 to 1080 where short & medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 1130 to 1135 from where the stock has broken down after consolidation.

Broad range for the stock is seen between 1000 to 1010 on downside & 1080 to 1090 on upside.

Dabur Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for DABUR for the week  (Nov 27, 2017 – Dec 01, 2017) :

DABUR:

 

DABUR

 

Dabur closed the week on positive note gaining around 2.40%.

As we have mentioned last week, that support for the stock lies in the zone of 334 to 336 from where the stock has opened gap up. If the stock manages to close below these levels then the stock can drift to the levels of 325 to 328 from where the stock broke out of October-2017 highs. During the week the stock manages to hit a low of 335 and close the week around the levels of 344.

Minor support for the stock lies in the zone of 338 to 340. Support for the stock lies in the zone of 334 to 336 from where the stock has opened gap up. If the stock manages to close below these levels then the stock can drift to the levels of 325 to 328 from where the stock broke out of October-2017 highs.

Resistance for the stock lies in the zone of 347 to 350. If the stock manages to close above these levels then the stock can move to the levels of 360 to 365.

Broad range for the stock in the coming week can be seen between 330 to 335 on downside & 355 to 360 on upside.

Hindustan Unilever Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Hindustan Unilever for the week  (Nov 27, 2017 – Dec 01, 2017) :

HINDUSTAN UNILEVER:

 

HINDUNILVR

 

HIND Unilever closed the week on negative note losing around 1.00%.

As we have mentioned last week, that minor support for the stock lies in the zone of 1260 to 1270. Support for the stock lies in the zone of 1230 to 1240 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 1200 to 1210 where medium term moving averages are lying. During the week the stock manages to hit a low of 1253 and close the week around the levels of 1266.

Minor support for the stock lies in the zone of 1260 to 1270. Support for the stock lies in the zone of 1230 to 1240 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 1200 to 1210 where medium term moving averages are lying.

Minor resistance for the stock lies in the zone of 1275 to 1285. Resistance for the stock lies in the zone of 1315 to 1325. If the stock manages to close above these levels then the stock can move to the levels of 1350 to 1360.

Broad range for the stock in coming week is seen between 1230 to 1240 on downside & 1320 to 1340 on upside.

ITC Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for ITC for the week  (Nov 27, 2017 – Dec 01, 2017) :

ITC:

 

ITC

 

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

As we have mentioned last week, that support for the stock lies in the zone of 256 to 258 where the stock has taken support in the month of February-2017. If the stock manages to close below these levels then the stock can drift to the levels of 248 to 250. During the week the stock manages to hit a low of 255 and close the week around the levels of 261.

Support for the stock lies in the zone of 255 to 258 where the stock has taken support in the month of February-2017. If the stock manages to close below these levels then the stock can drift to the levels of 248 to 250.

Resistance for the stock lies in the zone of 263 to 265 from where the stock has broken down after consolidation and short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 270 to 272 from where the stock has broken down from April-2017, May-2017 & August-2017 lows.

Broad range for the stock in coming week is seen between 250 to 252 on downside & 268 to 270 on upside.

Cipla Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Cipla for the week  (Nov 27, 2017 – Dec 01, 2017) :

CIPLA:

 

CIPLA

 

CIPLA 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 605 to 610 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 625 to 630 from where the stock has sold off. During the week the stock manages to hit a high of 626 and close the week around the levels of 616.

Support for the stock lies in the zone of 605 to 610 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can move to the levels of 585 to 590 where short term moving averages are lying.

Resistance for the stock lies in the zone of 625 to 630 from where the stock has sold off. If the stock manages to close above these levels then the stock can move to the levels of 645 to 650.

Broad range for the stock is seen in the range of 580 – 590 on downside & 640 – 650 on upside.

Dr. Reddy Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (Nov 27, 2017 – Dec 01, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy closed the week on negative note losing around 1.10%.

As we have mentioned last week, that resistance for the stock lies in the zone of 2350 to 2400 where short & medium term moving averages and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2500 to 2520 where the stock has opened gap down and 200 Daily moving averages are lying. During the week the stock manages to hit a high of 2494 and close the week around the levels of 2295.

Support for the stock lies in the zone of 2250 to 2280 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2050 to 2100 from where the stock broke out in the month of September-2017.

Resistance for the stock lies in the zone of 2350 to 2400 where short & medium term moving averages and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2500 to 2520 where the stock has opened gap down and 200 Daily moving averages are lying.

Broad range for the stock is seen from 2200 – 2230 on downside & 2450 – 2500 on upside.

Lupin Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Lupin for the week  (Nov 27, 2017 – Dec 01, 2017) :

LUPIN:

 

LUPIN

 

Lupin closed the week on absolutely flat note.

As we have mentioned last week, that resistance for the stock lies in the zone of 855 to 860 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 875 to 880 where Fibonacci levels are lying. During the week the stock manages to hit a high of 850 and close the week around the levels of 829.

The stock is in strong downtrend and no support is holding. Support for the stock lies in the zone of 810 to 820 where the stock has formed a short term bottom. If the stock manages to close below these levels then the stock can drift to the levels of 700 to 750.

Resistance for the stock lies in the zone of 855 to 860 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 875 to 880 where Fibonacci levels are lying.

Broad range for the stock in coming week can be seen from 770 – 780 on lower side & 870 – 880 on upper side.

Sun Pharma Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Sun Pharma for the week  (Nov 27, 2017 – Dec 01, 2017) :

SUN PHARMA:

 

SUNPHARMA

 

SUN PHARMA closed the week on positive note gaining around 6.20%.

As we have mentioned last week, that resistance for the stock lies in the zone of 520 to 525 where Fibonacci levels and short & medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 540 to 545 from where the stock has broken down. During the week the stock manages to hit a high of 551 and close the week around the levels of 549.

Support for the stock lies in the zone of 535 to 540 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 520 to 525 where Fibonacci levels and short & medium term moving averages are lying.

Resistance for the stock lies in the zone of 550 to 555 from where the stock has sold off. If the stock manages to close above these levels then the stock can move to the levels of 570 to 575 where 200 daily moving averages are lying.

Broad range for the stock in the coming week can be 520 – 525 on lower side & 570 – 575 on upper side.

Wipro Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Wipro for the week  (Nov 27, 2017 – Dec 01, 2017) :

WIPRO:

 

WIPRO

 

Wipro closed the week on negative note losing around 0.80%.

As we have mentioned last week, that support for the stock lies in the zone of 292 to 294 where break out levels and short term moving averages for the stock is lying. If the stock manages to close below these levels then the stock can drift to the levels of 285 to 287 where medium term moving averages and trend-line support for the stock is lying. During the week the stock manages to hit a low of 291 and close the week around the levels of 293.

Support for the stock lies in the zone of 292 to 294 where break out levels and short term moving averages for the stock is lying. If the stock manages to close below these levels then the stock can drift to the levels of 285 to 287 where medium term moving averages and trend-line support for the stock is lying.

Minor resistance for the stock lies in the zone of 297 to 299. Resistance for the stock lies in the zone of 305 to 307 from where the stock has broken down. If the stock manages to close above these levels then the stock can move to the levels of 315 to 318.

Broad range for the stock in the coming week is seen between 285 to 288 on downside & 305 to 310 on upside.

HCL Tech Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for HCL Tech for the week  (Nov 27, 2017 – Dec 01, 2017) :

HCL TECHNOLOGIES:

 

HCLTECH

 

HCL Tech closed the week on positive note gaining around 2.10%.

As we have mentioned last week, that resistance for the stock lies in the zone of 855 to 860 where 200 daily moving averages and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 875 to 880 where short and medium term moving averages are lying. During the week the stock manages to hit a high of 863 and close the week around the levels of 858.

Support for the stock lies in the zone of 840 to 845 where the stock has taken multiple support. If the stock manages to close below these levels then the stock can drift to the levels of 810 to 820 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 855 to 860 where 200 daily moving averages and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 875 to 880 where short and medium term moving averages are lying.

Broad range for the stock in the coming week is seen between 800 to 810 on downside & 880 to 890 on upside.

TCS Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for TCS for the week  (Nov 27, 2017 – Dec 01, 2017) :

TATA CONSULTANCY SERVICES:

 

TCS

 

TCS closed the week on negative note losing around 0.70%.

As we have mentioned last week, that support for the stock lies in the zone of 2660 to 2700 where the stock has formed a top in the month of June-2017. If the stock manages to close below these levels then the stock can drift to the levels of 2550 to 2600 from where the stock broke out of July-2017 high. During the week the stock manages to hit a low of 2666 and close the week around the levels of 2688.

Support for the stock lies in the zone of 2660 to 2700 where the stock has formed a top in the month of June-2017. If the stock manages to close below these levels then the stock can drift to the levels of 2550 to 2600 from where the stock broke out of July-2017 high.

Resistance for the stock lies in the zone of 2750 to 2800 where life time high for the stock is lying. If the stock manages to close above these levels then the stock can move to the levels of 2850 to 2900.

Broad range for the stock in the coming week is seen between 2600 to 2630 on downside & 2800 to 2850 on upside.

Infosys Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Infosys for the week  (Nov 27, 2017 – Dec 01, 2017) :

INFOSYS:

 

INFY

 

INFY closed the week on positive note gaining around 4.00%.

As we have mentioned last week, that support for the stock lies in the zone of 955 to 960 where 200 daily moving averages are lying. If the stock manages to close below these levels the stock can drift to the levels of 943 to 948 where Fibonacci levels are lying. During the week the stock manages to hit a low of 957 and close the week around the levels of 1010.

Support for the stock lies in the zone of 970 to 980 where Fibonacci level is lying. If the stock manages to close below these levels the stock can drift to the levels of 955 to 960 where 200 daily moving averages are lying.

Resistance for the stock lies in the zone of 1020 to 1030 from where the stock has retraced in the month of July-2017 and August-2017. If the stock manages to close above these levels then the stock can move to the levels of around 1050 to 1060 where Fibonacci level is lying.

Broad range for the stock in the coming week is seen between 960 to 970 on downside & 1040 to 1050 on upside.

SBI Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for SBI for the week  (Nov 27, 2017 – Dec 01, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on negative note losing around 1.60%.

As we have mentioned last week, that minor support for the stock lies in the zone of 331 to 333. Support for the stock lies in the zone of 325 to 327 where trend-line joining earlier high is lying. If the stock manages to close below these levels then the stock can drift to the levels of 310 to 315 from where the stock broke out of May-2017 and July-2017 highs. During the week the stock manages to hit a low of 327 and close the week around the levels of 332.

Minor support for the stock lies in the zone of 331 to 333. Support for the stock lies in the zone of 325 to 327 where trend-line joining earlier high is lying. If the stock manages to close below these levels then the stock can drift to the levels of 310 to 315 from where the stock broke out of May-2017 and July-2017 highs.

Minor resistance for the stock lies in the zone of 338 to 340. Resistance for the stock lies in the zone of 345 to 350 where life time high for the stock is lying. If the stock manages to close above these levels then the stock can move to the levels of 360 to 365.

Broad range for the stock in the coming week can be 310 to 315 on lower side & 350 to 355 on upper side.

Axis Bank Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Axis Bank for the week  (Nov 27, 2017 – Dec 01, 2017) :

AXIS BANK:

 

AXISBANK

 

Axis Bank closed the week on positive note gaining around 0.60%.

As we have mentioned last week, that minor support for the stock lies in the zone of 533 to 538. Support for the stock lies in the zone of 520 to 525 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 505 where short, medium and 200 daily moving averages are lying. During the week the stock manages to hit a low of 536 and close the week around the levels of 545.

Minor support for the stock lies in the zone of 533 to 538. Support for the stock lies in the zone of 520 to 525 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 505 where short, medium and 200 daily moving averages are lying.

Resistance for the stock lies in the zone of 545 to 550 where the stock had formed a top in the month of July-2017. If the stock manages to close above these levels then the stock can move to the levels of 580 to 585.

Broad range for the stock in the coming week can be 500– 505 on lower side & 580 – 585 on upper side.

ICICI Bank Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for ICICI Bank for the week  (Nov 27, 2017 – Dec 01, 2017) :

ICICI BANK:

 

ICICIBANK

 

ICICI Bank closed the week on negative note losing around 2.40%.

As we have mentioned last week, that minor support for the stock lies in the zone of 318 to 320. Support for the stock lies in the zone of 307 to 310 where the stock has taken multiple support. If the stock manages to close below these levels then the stock can drift to the levels of 300 to 305 where break out levels are lying. During the week the stock manages to hit a low of 315 and close the week around the levels of 317.

Minor support for the stock lies in the zone of 315 to 318. Support for the stock lies in the zone of 307 to 310 where the stock has taken multiple support. If the stock manages to close below these levels then the stock can drift to the levels of 300 to 305 where break out levels are lying.

Resistance for the stock lies in the zone of 325 to 330 from where the stock has sold off in the month of March-2015. If the stock manages to close above these levels then the stock can move to the levels of 355 to 360 where life time high for the stock is lying.

Broad range for the stock in the coming week can be 300 – 305 on lower side & 330 – 335 on upper side.

HDFC Bank Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for HDFC Bank for the week  (Nov 27, 2017 – Dec 01, 2017) :

HDFC BANK:

 

HDFCBANK

 

HDFC Bank closed the week on positive note gaining around 1.40%.

As we have mentioned last week, that resistance for the stock lies in the zone of 1830 to 1840 from where the stock broke down after consolidation. If the stock manages to close above these levels then the stock can move to the levels of 1870 to 1880 where life time high for the stock is lying. During the week the stock manages to hit a high of 1860 and close the week around the levels of 1851.

Minor support for the stock lies in the zone of 1830 to 1840. Support for the stock lies in the zone of 1810 to 1820 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of around 1770 to 1780 where medium term moving averages are lying.

Resistance for the stock lies in the zone of 1870 to 1880 where life time high for the stock is lying. If the stock manages to close above these levels then the stock can move to the levels of 1900 to 1910.

Broad range for the stock in the coming week can be 1800 to 1810 on lower side & 1900 to 1910 on upper side.

Nifty Media Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (Nov 27, 2017 – Dec 01, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on positive note gaining around 4.10%.

As we have mentioned last week, that resistance for the index lies in the zone of 3150 to 3170 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3220 to 3250 where the index has formed a short term top. During the week the index manages to hit a high of 3277 and close the week around the levels of 3265.

Support for the index lies in the zone of 3220 to 3250 from where the index broke out. If the index manages to close below these levels then the index can drift to the levels of 3150 to 3170 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 3280 to 3300 where the index has formed a top in the month of May-2017. If the index manages to close above these levels then the index can move to the levels of 3450 to 3500.

Broad range for the index is seen between 3100 to 3130 on downside & 3350 to 3400 on upside.

Nifty Realty Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for NIFTY REALTY for the week  (Nov 27, 2017 – Dec 01, 2017) :

NIFTY REALTY:

 

NIFTYREALT

 

Nifty REALTY index closed the week on positive note gaining around 1.50%.

As we have mentioned last week, that minor resistance for the index lies in the zone of 312 to 315. Resistance for the index lies in the zone of 318 to 320. If the index manages to close above these levels then the index can move to the levels of 335 to 338 where long term Fibonacci levels are lying. During the week the index manages to hit a high of 323 and close the week around the levels of 318.

Minor support for the index lies in the zone of 310 to 312. Support for the index lies in the zone of 300 to 303 from where the index has opened gap up. If the index manages to close below these levels then the index can drift to the levels of 290 to 293 where long term Fibonacci levels and short term moving averages are lying.

Resistance for the index lies in the zone of 320 to 325. If the index manages to close above these levels then the index can move to the levels of 335 to 338 where long term Fibonacci levels are lying.

Broad range for the index is seen between 300 to 305 on downside & 330 to 335 on upside.

Nifty PSU Bank Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for NIFTY PSU BANK for the week  (Nov 27, 2017 – Dec 01, 2017) :

NIFTY PSU BANK:

 

NIFTYPSUBA

 

Nifty PSU BANK index closed the week on negative note losing around 1.50%.

As we have mentioned last week, that minor support for the index lies in the zone of 4000 to 4020. Support for the index lies in the zone of 3800 to 3850 where the index has taken multiple support. If the index manages to close below these levels then the index can drift to the levels of 3700 to 3750 from where the index broke out of August-2017 highs. During the week the index manages to hit a low of 3949 and close the week around the levels of 4007.

Minor support for the index lies in the zone of 4000 to 4020. Support for the index lies in the zone of 3800 to 3850 where the index has taken multiple support. If the index manages to close below these levels then the index can drift to the levels of 3700 to 3750 from where the index broke out of August-2017 highs.

Resistance for the index lies in the zone of 4150 to 4200 from where the index broke down. If the index manages to close above these levels then the index can move to the levels of 4300 to 4350 where trend-line joining earlier highs is lying.

Broad range for the index is seen between 3800 to 3850 on downside & 4250 to 4300 on upside.

Nifty Metal Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for NIFTY METAL for the week  (Nov 27, 2017 – Dec 01, 2017) :

NIFTY METAL:

 

NIFTYMETAL

 

Nifty METAL index closed the week on absolutely flat note.

As we have mentioned last week, that minor resistance for the index lies in the zone of 3800 to 3830. Resistance for the index lies in the zone of 3900 to 3950 from where the index broke down after consolidation. If the index manages to close above these levels then the index can move to the levels of 4050 to 4100. During the week the index manages to hit a high of 3855 and close the week around the levels of 3766.

Support for the index lies in the zone of 3700 to 3750 where trend-line joining earlier highs and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 3550 to 3600 where Fibonacci levels are lying.

Minor resistance for the index lies in the zone of 3800 to 3830. Resistance for the index lies in the zone of 3900 to 3950 from where the index broke down after consolidation. If the index manages to close above these levels then the index can move to the levels of 4050 to 4100.

Broad range for the index is seen between 3600 to 3650 on downside & 4000 to 4050 on upside.

Nifty Energy Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for NIFTY ENERGY for the week  (Nov 27, 2017 – Dec 01, 2017) :

NIFTY ENERGY:

 

NIFTYENERG

 

Nifty ENERGY index closed the week on positive note gaining around 3.20%.

As we have mentioned last week, that resistance for the index lies in the zone of 14000 to 14100. If the index manages to close above these levels then the index can move to the levels of 14300 to 14400 from where the index broke down after consolidation. During the week the index manages to hit a high of 14450 and close the week around the levels of 14413.

Support for the index lies in the zone of 14100 to 14200 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 13600 to 13700 where the index has formed a double top pattern in the month of September-2017.

Resistance for the index lies in the zone of 14350 to 14450 from where the index broke down after consolidation. If the index manages to close above these levels then the index can move to the levels of 14700 to 14800 where the index has formed a top in the month of October-2017.

Broad range for the index is seen between 14000 to 14100 on downside & 14700 to 14800 on upside.

Nifty Auto Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (Nov 27, 2017 – Dec 01, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO 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 11350 to 11450 where trend-line joining highs formed in the month of June-2017 and August-2017 is lying. If the index manages to close below these levels then the index can move to the levels of 11550 to 11600 where Fibonacci levels are lying. During the week the index manages to hit a high of 11411 and close the week around the levels of 11372.

Minor support for the index lies in the zone of 11200 to 11250. Support for the index lies in the zone of 11000 to 11100 where Fibonacci levels and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10700 to 10800 from where the index broke out.

Resistance for the index lies in the zone of 11350 to 11450 where trend-line joining highs formed in the month of June-2017 and August-2017 is lying. If the index manages to close below these levels then the index can move to the levels of 11550 to 11600 where Fibonacci levels are lying.

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

Nifty Pharma Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for NIFTY Pharma for the week  (Nov 27, 2017 – Dec 01, 2017) :

NIFTY PHARMA:

 

NIFTYPHARM

 

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

As we have mentioned last week, that resistance for the index lies in the zone of 9200 to 9250 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 9350 to 9400 where short & medium term moving averages are lying. During the week the index manages to hit a high of 9419 and close the week around the levels of 9364.

Support for the index lies in the zone of 9200 to 9250 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 9100 to 9150 from where the index has opened gap up.

Resistance for the index lies in the zone of 9350 to 9400 where short & medium term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 9600 to 9650 from where the index has broken down.

Broad range for the index is seen from 9000 to 9050 on downside & 9650 to 9700 on upside.

Nifty FMCG Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (Nov 27, 2017 – Dec 01, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 0.90%.

As we have mentioned last week, that resistance for the index lies in the zone of 26000 to 26100 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 26500 to 26600. During the week the index manages to hit a high of 26002 and close the week around the levels of 25971.

Minor support for the index lies in the zone of 25700 to 25800. Support for the index lies in the zone of 25400 to 25500 where Fibonacci levels and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 24900 to 25000 from where the index broke out.

Resistance for the index lies in the zone of 26000 to 26100 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 26500 to 26600.

Broad range for the index in the coming week is seen from 25500 to 25600 on downside & 26500 to 26600 on upside.

Nifty IT Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for NIFTY IT for the week  ( Nov 27, 2017 – Dec 01, 2017) :  

NIFTY IT:

 

NIFTYIT

 

Nifty IT index closed the week on positive note gaining around 1.40%.

As we have mentioned last week, that support for the index lies in the zone of 10950 to 11050 where long term Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 10700 to 10800 where break out levels and short term moving averages are lying. During the week the index manages to hit a low of 11073 and close the week around the levels of 11306.

Minor support for the index lies in the zone of 11150 to 11200. Support for the index lies in the zone of 10950 to 11050 where long term Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 10800 to 10850 where break out levels and short term moving averages are lying.

Resistance for the index lies in the zone of 11250 to 11350 from where the index has sold off in the month of August-2016. If the index manages to close above these levels then the index can move to the levels of 11600 to 11700.

Broad range for the index in the coming week is seen from 11000 to 11100 on downside & 11500 to 11600 on upside.

Nifty Bank Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for Nifty Bank for the week  (Nov 27, 2017 – Dec 01, 2017) :

NIFTY BANK:

 

BANKNIFTY

 

Nifty Bank closed the week on positive note gaining around 0.20%.

As we have mentioned, last week that minor support for the index lies in the zone of 25550 to 25600. Support for the index lies in the zone of 25000 to 25100 from where the index broke out of triple top pattern. If the index manages to close below these levels then the index can drift to the levels of 24500 to 24600 where break out gap for the index is lying. During the week the index manages to hit a low of 25621 and close the week around the levels of 25780.

Minor support for the index lies in the zone of 25550 to 25600. Support for the index lies in the zone of 25000 to 25100 from where the index broke out of triple top pattern. If the index manages to close below these levels then the index can drift to the levels of 24500 to 24600 where break out gap for the index is lying.

Resistance for the index lies in the zone of 25900 to 26000 where channel resistance for the index is lying. If the index manages to close above these levels then the index can move to the levels of 26300 to 26400.

Range for the week is seen from 25300 to 25400 on downside & 26200 to 26300 on upside.

Nifty Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

Equityandit’s Outlook for Nifty for week (Nov 27, 2017 – Dec 01, 2017):

NIFTY:

 

NIFTY

 

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

As we have mentioned last week, that minor resistance for the index lies in the zone of 10350 to 10400. Resistance for the index lies in the zone of 10480 to 10520 where trend-line joining highs formed in the month of September-2016 and August-2017 is lying. If the index manages to close above these levels then the index can move to the levels of 10650 to 10700. During the week the index manages to hit a high of 10404 and close the week around the levels of 10390.

Minor support for the index lies in the zone of 10300 to 10320. Support for the index lies in the zone of 10200 to 10250 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 10050 to 10150 where short term moving averages are lying.

Resistance for the index lies in the zone of 10480 to 10520 where trend-line joining highs formed in the month of September-2016 and August-2017 is lying. If the index manages to close above these levels then the index can move to the levels of 10650 to 10700.

Broad range for the week is seen from 10200 on downside & 10600 on upside.

MCX Tips for – November 24, 2017

Gold (29439): Gold is trading into negative zone and traders can hold short positions until Gold closes above 29593 levels. Traders can initiate short positions on every rise until Gold closes above 29593 levels.

Silver (39392):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 39854  levels.

Crude (3798): Crude is trading into positive zone. Traders should initiate long positions on every dip. For now traders can hold long position until Crude future closes below 3706 levels.

Natural Gas (186.80): NG Future is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG Future closes above 196.00 levels.

Copper (448.90): Copper is trading into positive zone. Traders can hold Copper Future long positions or can initiate fresh long at every dip until it closes  below 441.80.

Zinc (210.80): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc closes below 207.60  levels.

Lead (158.40): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Lead closes above 160.65 levels.

Nickel (767.50):  Nickel is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Nickel future closes above 773.30 levels.

Aluminium (135.80):  Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 136.50 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

Note: All our MCX 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.

MCX Subscription Pricing details can be seen at MCX Services

MCX Tips for – November 23, 2017

Gold (29530): Gold is trading into negative zone and traders can hold short positions until Gold closes above 29593 levels. Traders can initiate short positions on every rise until Gold closes above 29593 levels.

Silver (39569):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 39854  levels.

Crude (3747): Crude has entered into positive zone. Traders should initiate long positions on every dip. For now traders can hold long position until Crude future closes below 3661 levels.

Natural Gas (193.80): NG Future is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG Future closes above 199.50 levels.

Copper (448.30): Copper is trading into positive zone. Traders can hold Copper Future long positions or can initiate fresh long at every dip until it closes  below 441.80.

Zinc (211.15): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc closes below 207.60  levels.

Lead (159.10): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Lead closes above 160.65 levels.

Nickel (766.10):  Nickel is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Nickel future closes above 773.30 levels.

Aluminium (135.45):  Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 136.50 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

Note: All our MCX 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.

MCX Subscription Pricing details can be seen at MCX Services

MCX Tips for – November 22, 2017

Gold (29347): Gold is trading into negative zone and traders can hold short positions until Gold closes above 29593 levels. Traders can initiate short positions on every rise until Gold closes above 29593 levels.

Silver (39300):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 39854  levels.

Crude (3678): Crude is trading into negative zone. Traders should initiate short positions on every rise. For now traders can hold short position until Crude future closes below 3679 levels.

Natural Gas (196.30): NG Future is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG Future closes above 202.60 levels.

Copper (447.15): Copper has entered into positive zone. Traders can hold Copper Future long positions or can initiate fresh long at every dip until it closes  below 438.80.

Zinc (210.50): Zinc has entered into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc closes below 204.90  levels.

Lead (160.15): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Lead closes above 160.65 levels.

Nickel (766.70):  Nickel is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Nickel future closes above 773.30 levels.

Aluminium (134.40):  Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 136.50 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

Note: All our MCX 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.

MCX Subscription Pricing details can be seen at MCX Services

MCX Tips for – November 21, 2017

Gold (29370): Gold has entered into negative zone and traders can hold short positions until Gold closes above 29770 levels. Traders can initiate short positions on every rise until Gold closes above 29770 levels.

Silver (39261):  Silver has entered into negative zone and traders can go short at every rise or hold short positions until Silver closes above 40158  levels.

Crude (3663): Crude is trading into negative zone. Traders should initiate short positions on every rise. For now traders can hold short position until Crude future closes below 3679 levels.

Natural Gas (199.40): NG Future is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG Future closes above 205.25 levels.

Copper (444.35): Copper is trading into negative zone. Traders can hold Copper Future short positions or can initiate fresh short at every rise until it closes  above 444.80.

Zinc (207.70): Zinc is trading into negative zone. Traders can hold short position or can initiate fresh short position on every rise until Zinc closes above 210.40  levels.

Lead (160.05): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Lead closes above 160.65 levels.

Nickel (758.40):  Nickel is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Nickel future closes above 773.30 levels.

Aluminium (135.05):  Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 137.20 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

Note: All our MCX 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.

MCX Subscription Pricing details can be seen at MCX Services

MCX Tips for – November 20, 2017

Gold (29690): Gold is trading into positive zone and traders can hold long positions until Gold closes below 29409 levels. Traders can initiate long positions on every dip until Gold closes below 29409 levels.

Silver (40013):  Silver has entered into positive zone and traders can go long at every dip or hold long positions until Silver closes below 39371  levels.

Crude (3667): Crude is trading into negative zone. Traders should initiate short positions on every rise. For now traders can hold short position until Crude future closes below 3679 levels.

Natural Gas (203.00): NG Future is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG Future closes above 206.55 levels.

Copper (440.00): Copper is trading into negative zone. Traders can hold Copper Future short positions or can initiate fresh short at every rise until it closes  above 444.80.

Zinc (208.75): Zinc is trading into negative zone. Traders can hold short position or can initiate fresh short position on every rise until Zinc closes above 210.40  levels.

Lead (158.75): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Lead closes above 160.65 levels.

Nickel (751.20):  Nickel is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Nickel future closes above 773.30 levels.

Aluminium (136.25):  Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 138.20 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

Note: All our MCX 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.

MCX Subscription Pricing details can be seen at MCX Services

Natural Gas Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Natural Gas for the week  (Nov 20, 2017 – Nov 24, 2017) :

NATURAL GAS:

 

NATURALGAS 1

 

NATURAL GAS closed the week on negative note losing around 3.00%.

As we have mentioned last week, that support for the commodity lies in the zone of 202 to 204 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 195 to 197 where 200 daily moving averages are lying. Below these levels the commodity can drift to the levels of 189 to 191 where Fibonacci levels are lying. During the week the commodity manages to hit a low of 199 and close the week around the levels of 203.

Support for the commodity lies in the zone of 202 to 204 where long term Fibonacci levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 195 to 197 where 200 daily moving averages are lying. Below these levels the commodity can drift to the levels of 189 to 191 where Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 206 to 208. Resistance for the commodity lies in the zone of 211 to 213 where Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 220 to 222 where the commodity has formed a top in the month of May-2017 and long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 190 – 193 on downside & 212 – 215 on upside.

Crude Oil Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Crude Oil for the week  (Nov 20, 2017 – Nov 24, 2017) :

CRUDE OIL:

 

CRUDEOIL 1

 

CRUDE OIL closed the week on negative note losing around 1.20%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 3700 to 3750 where trend-line resistance is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3940 to 3980 where long term Fibonacci levels are lying. During the week the commodity manages to hit a high of 3742 and close the week around the levels of 3667.

Minor support for the commodity lies in the zone of 3600 to 3630. Support for the commodity lies in the zone of 3500 to 3520 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 3440 to 3470 where highs for the month of September-2017 and Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 3700 to 3750 where trend-line resistance is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 3940 to 3980 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 3530 – 3560 on downside & 3800 – 3830 on upside.

Aluminium Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Aluminium for the week  (Nov 20, 2017 – Nov 24, 2017) :

ALUMINIUM:

 

ALUMINIUM 1

 

ALUMINIUM closed the week on negative note losing around 0.70%.

As we have mentioned last week, that support for the commodity lies in the zone of around 135 to 137 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 130 to 131 from where the commodity broke out of March-2017 highs. During the week the commodity manages to hit a low of 135 and close the week around the levels of 136.

Support for the commodity lies in the zone of around 135 to 137 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 130 to 131 from where the commodity broke out of March-2017 highs.

Resistance for the commodity lies in the zone of 138 to 140 where short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 142 to 144 where the commodity has formed a top in the month of October-2017.

Broad range for the commodity in the coming week can be seen between 130 – 132 on downside and 143 – 145 on upside.

Nickel Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Nickel for the week  (Nov 20, 2017 – Nov 24, 2017) :

NICKEL:

 

NICKEL 1

 

NICKEL closed the week on negative note losing around 4.80%.

As we have mentioned last week, that resistance for the commodity lies in the zone of 800 to 810 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of around 835 to 840 where Fibonacci levels are lying. During the week the commodity manages to hit a high of 820 and close the week around the levels of 751.

Support for the commodity lies in the zone of 745 to 750 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 700 to 710 where Fibonacci levels and medium term moving averages are lying.

Resistance for the commodity lies in the zone of 770 to 780 from where the commodity has broken down. If the commodity manages to close above these levels then the commodity can move to the levels of around 800 to 810 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 700 – 710 on downside & 780 – 790 on upside.

Lead Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Lead for the week  (Nov 20, 2017 – Nov 24, 2017) :

LEAD:

 

LEAD 1

 

LEAD closed the week on negative note losing around 3.50%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 161 to 163. Support for the commodity lies in the zone of 156 to 158 where Fibonacci levels and short term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 150 to 152 where Fibonacci levels and long term moving averages are lying. During the week the commodity manages to hit a low of 156 and close the week around the levels of 159.

Support for the commodity lies in the zone of 154 to 156 where Fibonacci levels and medium term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 148 to 150 where Fibonacci levels and long term moving averages are lying.

Minor resistance for the commodity lies in the zone of 160 to 161. Resistance for the commodity lies in the zone of 166 to 168 where long term Fibonacci levels are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 170 to 172 where the commodity has formed a top in the month of October-2017.

Broad range for the commodity in the coming week can be seen between 150 – 152 on downside & 168 – 170 on upside.

Zinc Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Zinc for the week  (Nov 20, 2017 – Nov 24, 2017) :

ZINC:

 

ZINC 1

 

ZINC closed the week on a negative note losing around 1.80%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 208 to 210. Support for the commodity lies in the zone of 202 to 204 where break out levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and medium term moving averages are lying. During the week the commodity manages to hit a low of 204 and close the week around the levels of 209.

Minor support for the commodity lies in the zone of 208 to 210. Support for the commodity lies in the zone of 202 to 204 where break out levels for the commodity is lying. If the commodity manages to close below these levels then the commodity can drift to the levels of around 190 to 192 where break out levels and medium term moving averages are lying.

Resistance for the commodity lies in the zone of 214 to 216. If the commodity manages to close above these levels then the commodity can move to the levels of 218 to 220 where the commodity has formed a top in the month of October-2017.

Broad range for the commodity in the coming week can be seen between 200 – 202 on downside & 220 – 222 on upside.

Copper Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Copper for the week  (Nov 20, 2017 – Nov 24, 2017) :

COPPER:

 

COPPER 1

 

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

As we have mentioned last week, that minor support for the commodity lies in the zone of 440 to 442. Support for the commodity lies in the zone of 434 to 436 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 427 where long term Fibonacci levels are lying. During the week the commodity manages to hit a low of 436 and close the week around the levels of 440.

Support for the commodity lies in the zone of 434 to 436 where break out levels are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 425 to 427 where long term Fibonacci levels are lying.

Minor resistance for the commodity lies in the zone of 443 to 445. Resistance for the commodity lies in the zone of 451 to 453 from where the commodity has broken down after consolidation. If the commodity manages to close above these levels then the commodity can move to the levels of 464 to 466 where long term Fibonacci levels are lying.

Broad range for the commodity in the coming week can be seen between 430 – 433 on downside & 450 – 453 on upside.

Silver Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Silver for the week  (Nov 20, 2017 – Nov 24, 2017) :

SILVER:

 

SILVER 1

 

SILVER closed the week on positive note gaining around 1.30%.

As we have mentioned last week, that minor resistance for the commodity lies in the zone of 39500 to 39600. Resistance for the commodity lies in the zone of 40000 to 40100 where 200 daily moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 40600 to 40700 where Fibonacci levels and top for the month of October-2017 is lying. During the week the commodity manages to hit a high of 40208 and close the week around the levels of 40013.

Support for the commodity lies in the zone of 39700 to 39800 where long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 39000 to 39100 where medium term moving averages and long term Fibonacci levels are lying.

Resistance for the commodity lies in the zone of 40650 to 40750 where Fibonacci levels and top for the month of October-2017 is lying. If the commodity manages to close above these levels then the commodity can move to the levels of 41300 to 41500 from where the commodity has sold off in the month of September-2017.

Broad range for the commodity in the coming week can be seen between 39000 – 39100 on downside & 41500 – 41600 on upside.

Gold Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Gold for the week  (Nov 20, 2017 – Nov 24, 2017) :

GOLD:

 

GOLD 1

 

GOLD closed the week on positive note gaining around 0.70%.

As we have mentioned last week, that minor support for the commodity lies in the zone of 29300 to 29350. Support for the commodity lies in the zone of 29000 to 29100 where Fibonacci level and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28500 to 28600 where break out levels are lying. During the week the commodity manages to hit a low of 29351 and close the week around the levels of 29690.

Minor support for the commodity lies in the zone of 29400 to 29450. Support for the commodity lies in the zone of 29000 to 29100 where Fibonacci level and long term moving averages are lying. If the commodity manages to close below these levels then the commodity can drift to the levels of 28500 to 28600 where break out levels are lying.

Resistance for the commodity lies in the zone of 29600 to 29650 where Fibonacci level and short term moving averages are lying. If the commodity manages to close above these levels then the commodity can move to the levels of 30000 to 30100 where the commodity has formed in the month of October-2017.

Broad range for the commodity in the coming week can be seen between 29100 – 29200 on downside & 30100 – 30200 on upside.

Colgate Palmolive Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Colgate Palmolive for the week  (Nov 20, 2017 – Nov 24, 2017) :

COLGATE PALMOLIVE:

 

COLPAL

 

Colgate Palmolive closed the week on absolutely flat note.

As we have mentioned last week that support for the stock lies in the zone of 1030 to 1040 from where the stock has broken out of April-2017 highs. If the stock manages to close below these levels then the stock can witness a major breakdown and can drift to the levels of 960 to 970 from where the stock has bounced in the month of May-2017. During the week the stock manages to hit a low of 1021 and close the week around the levels of 1041.

Support for the stock lies in the zone of 1030 to 1040 from where the stock has broken out of April-2017 highs. If the stock manages to close below these levels then the stock can witness a major breakdown and can drift to the levels of 960 to 970 from where the stock has bounced in the month of May-2017.

Minor resistance for the stock lies in the zone of 1055 to 1065. Resistance for the stock lies in the zone of 1080 to 1090 where short & medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 1130 to 1135 from where the stock has broken down after consolidation.

Broad range for the stock is seen between 1000 to 1010 on downside & 1070 to 1080 on upside.

Dabur Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for DABUR for the week  (Nov 20, 2017 – Nov 24, 2017) :

DABUR:

 

DABUR

 

Dabur closed the week on negative note losing around 1.60%.

As we have mentioned last week, that support for the stock lies in the zone of 334 to 336 from where the stock has opened gap up. If the stock manages to close below these levels then the stock can drift to the levels of 325 to 328 from where the stock broke out of October-2017 highs. During the week the stock manages to hit a low of 330 and close the week around the levels of 336.

Support for the stock lies in the zone of 334 to 336 from where the stock has opened gap up. If the stock manages to close below these levels then the stock can drift to the levels of 325 to 328 from where the stock broke out of October-2017 highs.

Minor resistance for the stock lies in the zone of 340 to 342. Resistance for the stock lies in the zone of 347 to 350. If the stock manages to close above these levels then the stock can move to the levels of 360 to 365.

Broad range for the stock in the coming week can be seen between 320 to 325 on downside & 350 to 355 on upside.

Hindustan Unilever Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Hindustan Unilever for the week  (Nov 20, 2017 – Nov 24, 2017) :

HINDUSTAN UNILEVER:

 

HINDUNILVR

 

HIND Unilever closed the week on negative note losing around 1.00%.

As we have mentioned last week, that minor support for the stock lies in the zone of 1260 to 1270. Support for the stock lies in the zone of 1230 to 1240 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 1200 to 1210 where medium term moving averages are lying. During the week the stock manages to hit a low of 1246 and close the week around the levels of 1278.

Minor support for the stock lies in the zone of 1260 to 1270. Support for the stock lies in the zone of 1230 to 1240 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 1200 to 1210 where medium term moving averages are lying.

Minor resistance for the stock lies in the zone of 1295 to 1300. Resistance for the stock lies in the zone of 1315 to 1325. If the stock manages to close above these levels then the stock can move to the levels of 1350 to 1360.

Broad range for the stock in coming week is seen between 1230 to 1240 on downside & 1320 to 1340 on upside.

ITC Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for ITC for the week  (Nov 20, 2017 – Nov 24, 2017) :

ITC:

 

ITC

 

ITC closed the week on negative note losing around 1.40%.

As we have mentioned last week, that support for the stock lies in the zone of 256 to 258 where the stock has taken support in the month of February-2017. If the stock manages to close below these levels then the stock can drift to the levels of 248 to 250. During the week the stock manages to hit a low of 250 and close the week around the levels of 258.

Support for the stock lies in the zone of 256 to 258 where the stock has taken support in the month of February-2017. If the stock manages to close below these levels then the stock can drift to the levels of 248 to 250.

Minor resistance for the stock lies in the zone of 259 to 260. Resistance for the stock lies in the zone of 263 to 265 from where the stock has broken down after consolidation and short term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 270 to 272 from where the stock has broken down from April-2017, May-2017 & August-2017 lows.

Broad range for the stock in coming week is seen between 250 to 252 on downside & 265 to 267 on upside.

Cipla Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Cipla for the week  (Nov 20, 2017 – Nov 24, 2017) :

CIPLA:

 

CIPLA

 

CIPLA closed the week on absolutely flat note.

As we have mentioned last week, that support for the stock lies in the zone of 605 to 610 where Fibonacci levels are lying. If the stock manages to close below these levels then the stock can move to the levels of 570 to 575 where medium and 200 daily moving averages are lying. During the week the stock manages to hit a low of 590 and close the week around the levels of 609.

Support for the stock lies in the zone of 585 to 590 where short term moving averages are lying. If the stock manages to close below these levels then the stock can move to the levels of 570 to 575 where medium and 200 daily moving averages are lying.

Resistance for the stock lies in the zone of 605 to 610 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 625 to 630 from where the stock has sold off.

Broad range for the stock is seen in the range of 570 – 580 on downside & 640 – 650 on upside.

Dr. Reddy Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Dr. Reddy for the week  (Nov 20, 2017 – Nov 24, 2017) :

DR. REDDY:

 

DRREDDY

 

Dr Reddy 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 2300 to 2350 where break out levels and short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2200 to 2250 where long term Fibonacci levels are lying. During the week the stock manages to hit a low of 2293 and close the week around the levels of 2322.

Support for the stock lies in the zone of 2250 to 2280 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 2050 to 2100 from where the stock broke out in the month of September-2017.

Resistance for the stock lies in the zone of 2350 to 2400 where short & medium term moving averages and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 2500 to 2520 where the stock has opened gap down and 200 Daily moving averages are lying.

Broad range for the stock is seen from 2200 – 2230 on downside & 2450 – 2500 on upside.

Lupin Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Lupin for the week  (Nov 20, 2017 – Nov 24, 2017) :

LUPIN:

 

LUPIN

 

Lupin closed the week on negative note losing around 0.40%.

As we have mentioned last week, that the stock is in strong downtrend and no support is holding. Support for the stock lies in the zone of 800 to 810 from where the stock broke out. If the stock manages to close below these levels then the stock can drift to the levels of 700 to 750. During the week the stock manages to hit a low of 818 and close the week around the levels of 830.

The stock is in strong downtrend and no support is holding. Support for the stock lies in the zone of 800 to 810 from where the stock broke out. If the stock manages to close below these levels then the stock can drift to the levels of 700 to 750.

Resistance for the stock lies in the zone of 855 to 860 where Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 875 to 880 where Fibonacci levels are lying.

Broad range for the stock in coming week can be seen from 770 – 780 on lower side & 870 – 880 on upper side.

Sun Pharma Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Sun Pharma for the week  (Nov 20, 2017 – Nov 24, 2017) :

SUN PHARMA:

 

SUNPHARMA

 

SUN PHARMA closed the week on negative note losing around 2.00%.

As we have mentioned last week, that support for the stock lies in the zone of 520 to 525 where Fibonacci levels and short & medium term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 505 where break out levels are lying. During the week the stock manages to hit a low of 498 and close the week around the levels of 517.

Support for the stock lies in the zone of 500 to 505 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 460 to 465 where the stock has formed a bottom in the month of September-2017.

Resistance for the stock lies in the zone of 520 to 525 where Fibonacci levels and short & medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 540 to 545 from where the stock has broken down.

Broad range for the stock in the coming week can be 500 – 505 on lower side & 550 – 555 on upper side.

Wipro Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Wipro for the week  (Nov 20, 2017 – Nov 24, 2017) :

WIPRO:

 

WIPRO

 

Wipro 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 297 to 299 from where the stock broke out after consolidation. If the stock manages to close below these levels then the stock can drift to the levels of 292 to 294 where break out levels and short term moving averages for the stock is lying. During the week the stock manages to hit a low of 294 and close the week around the levels of 295.

Support for the stock lies in the zone of 292 to 294 where break out levels and short term moving averages for the stock is lying. If the stock manages to close below these levels then the stock can drift to the levels of 285 to 287 where medium term moving averages and trend-line support for the stock is lying.

Minor resistance for the stock lies in the zone of 297 to 299. Resistance for the stock lies in the zone of 305 to 307 from where the stock has broken down. If the stock manages to close above these levels then the stock can move to the levels of 315 to 318.

Broad range for the stock in the coming week is seen between 285 to 288 on downside & 305 to 310 on upside.

HCL Tech Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for HCL Tech for the week  (Nov 20, 2017 – Nov 24, 2017) :

HCL TECHNOLOGIES:

 

HCLTECH

 

HCL Tech closed the week on negative note losing around 3.10%.

As we have mentioned last week, that resistance for the stock lies in the zone of 875 to 880 where short and medium term moving averages are lying. If the stock manages to close above these levels then the stock can move to the levels of 885 to 895 where Fibonacci levels are lying. During the week the stock manages to hit a high of 885 and close the week around the levels of 840.

Support for the stock lies in the zone of 840 to 845 where the stock has taken multiple support. If the stock manages to close below these levels then the stock can drift to the levels of 810 to 820 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 855 to 860 where 200 daily moving averages and Fibonacci levels are lying. If the stock manages to close above these levels then the stock can move to the levels of 875 to 880 where short and medium term moving averages are lying.

Broad range for the stock in the coming week is seen between 800 to 810 on downside & 870 to 880 on upside.

TCS Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for TCS for the week  (Nov 20, 2017 – Nov 24, 2017) :

TATA CONSULTANCY SERVICES:

 

TCS

 

TCS closed the week on absolutely flat note.

As we have mentioned last week, that support for the stock lies in the zone of 2660 to 2700 where the stock has formed a top in the month of June-2017. If the stock manages to close below these levels then the stock can drift to the levels of 2550 to 2600 from where the stock broke out of July-2017 high. During the week the stock manages to hit a low of 2687 and close the week around the levels of 2707.

Support for the stock lies in the zone of 2660 to 2700 where the stock has formed a top in the month of June-2017. If the stock manages to close below these levels then the stock can drift to the levels of 2550 to 2600 from where the stock broke out of July-2017 high.

Resistance for the stock lies in the zone of 2750 to 2800 where life time high for the stock is lying. If the stock manages to close above these levels then the stock can move to the levels of 2850 to 2900.

Broad range for the stock in the coming week is seen between 2600 to 2630 on downside & 2800 to 2850 on upside.

Infosys Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Infosys for the week  (Nov 20, 2017 – Nov 24, 2017) :

INFOSYS:

 

INFY

 

INFY 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 970 to 980 where Fibonacci levels and break down levels are lying. If the stock manages to close above these levels then the stock can move to the levels of around 992 to 1000 where Fibonacci levels and long term trend-line resistance is lying. During the week the stock manages to hit a high of 996 and close the week around the levels of 971.

Support for the stock lies in the zone of 955 to 960 where 200 daily moving averages are lying. If the stock manages to close below these levels the stock can drift to the levels of 943 to 948 where Fibonacci levels are lying.

Resistance for the stock lies in the zone of 970 to 980 where Fibonacci levels and break down levels are lying. If the stock manages to close above these levels then the stock can move to the levels of around 992 to 1000 where Fibonacci levels and long term trend-line resistance is lying.

Broad range for the stock in the coming week is seen between 930 to 940 on downside & 990 to 1000 on upside.

SBI Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for SBI for the week  (Nov 20, 2017 – Nov 24, 2017) :

STATE BANK OF INDIA:

 

SBIN

 

SBIN closed the week on positive note gaining around 1.20%.

As we have mentioned last week, that support for the stock lies in the zone of 325 to 327 where trend-line joining earlier high is lying. If the stock manages to close below these levels then the stock can drift to the levels of 310 to 315 from where the stock broke out of May-2017 and July-2017 highs. During the week the stock manages to hit a low of 322 and close the week around the levels of 337.

Minor support for the stock lies in the zone of 331 to 333. Support for the stock lies in the zone of 325 to 327 where trend-line joining earlier high is lying. If the stock manages to close below these levels then the stock can drift to the levels of 310 to 315 from where the stock broke out of May-2017 and July-2017 highs.

Resistance for the stock lies in the zone of 345 to 350 where life time high for the stock is lying. If the stock manages to close above these levels then the stock can move to the levels of 360 to 365.

Broad range for the stock in the coming week can be 310 to 315 on lower side & 350 to 355 on upper side.

Axis Bank Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for Axis Bank for the week  (Nov 20, 2017 – Nov 24, 2017) :

AXIS BANK:

 

AXISBANK

 

Axis Bank closed the week on absolutely flat note.

As we have mentioned last week, that minor support for the stock lies in the zone of 533 to 538. Support for the stock lies in the zone of 520 to 525 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 505 where short, medium and 200 daily moving averages are lying. During the week the stock manages to hit a low of 533 and close the week around the levels of 542.

Minor support for the stock lies in the zone of 533 to 538. Support for the stock lies in the zone of 520 to 525 where break out levels are lying. If the stock manages to close below these levels then the stock can drift to the levels of 500 to 505 where short, medium and 200 daily moving averages are lying.

Resistance for the stock lies in the zone of 545 to 550 where the stock had formed a top in the month of July-2017. If the stock manages to close above these levels then the stock can move to the levels of 580 to 585.

Broad range for the stock in the coming week can be 500– 505 on lower side & 580 – 585 on upper side.

ICICI Bank Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for ICICI Bank for the week  (Nov 20, 2017 – Nov 24, 2017) :

ICICI BANK:

 

ICICIBANK

 

ICICI Bank 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 from where the stock has sold off in the month of March-2015. If the stock manages to close above these levels then the stock can move to the levels of 355 to 360 where life time high for the stock is lying. During the week the stock manages to hit a high of 332 and close the week around the levels of 325.

Minor support for the stock lies in the zone of 318 to 320. Support for the stock lies in the zone of 307 to 310 where the stock has taken multiple support. If the stock manages to close below these levels then the stock can drift to the levels of 300 to 305 where break out levels are lying.

Resistance for the stock lies in the zone of 325 to 330 from where the stock has sold off in the month of March-2015. If the stock manages to close above these levels then the stock can move to the levels of 355 to 360 where life time high for the stock is lying.

Broad range for the stock in the coming week can be 300 – 305 on lower side & 340 – 345 on upper side.

HDFC Bank Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for HDFC Bank for the week  (Nov 20, 2017 – Nov 24, 2017) :

HDFC BANK:

 

HDFCBANK

 

HDFC Bank closed the week on positive note gaining around 0.20%.

As we have mentioned last week, that resistance for the stock lies in the zone of 1830 to 1840 from where the stock broke down after consolidation. If the stock manages to close above these levels then the stock can move to the levels of 1870 to 1880 where life time high for the stock is lying. During the week the stock manages to hit a high of 1838 and close the week around the levels of 1826.

Support for the stock lies in the zone of 1810 to 1820 where short term moving averages are lying. If the stock manages to close below these levels then the stock can drift to the levels of around 1770 to 1780 where medium term moving averages are lying.

Resistance for the stock lies in the zone of 1830 to 1840 from where the stock broke down after consolidation. If the stock manages to close above these levels then the stock can move to the levels of 1870 to 1880 where life time high for the stock is lying.

Broad range for the stock in the coming week can be 1780 to 1790 on lower side & 1860 to 1870 on upper side.

Nifty Media Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for NIFTY MEDIA for the week  (Nov 20, 2017 – Nov 24, 2017) :

NIFTY MEDIA:

 

NIFTYMEDIA

 

Nifty Media index closed the week on negative note losing around 1.60%.

As we have mentioned last week, that resistance for the index lies in the zone of 3230 to 3250. If the index manages to close above these levels then the index can move to the levels of 3300 to 3320 where the index has formed a top in the month of May-2017 is lying. During the week the index manages to hit a high of 3203 and close the week around the levels of 3136.

Support for the index lies in the zone of 3050 to 3080 where short, medium and 200 daily moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 2900 to 2950 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 3150 to 3170 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 3220 to 3250 where the index has formed a short term top.

Broad range for the index is seen between 3000 to 3030 on downside & 3250 to 3300 on upside.

Nifty Realty Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for NIFTY REALTY for the week  (Nov 20, 2017 – Nov 24, 2017) :

NIFTY REALTY:

 

NIFTYREALT

 

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

As we have mentioned last week, that minor resistance for the index lies in the zone of 312 to 315. Resistance for the index lies in the zone of 318 to 320. If the index manages to close above these levels then the index can move to the levels of 335 to 338 where long term Fibonacci levels are lying. During the week the index manages to hit a high of 316 and close the week around the levels of 313.

Minor support for the index lies in the zone of 303 to 306. Support for the index lies in the zone of 290 to 293 where long term Fibonacci levels and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 283 to 285 where medium term moving averages.

Minor resistance for the index lies in the zone of 312 to 315. Resistance for the index lies in the zone of 318 to 320. If the index manages to close above these levels then the index can move to the levels of 335 to 338 where long term Fibonacci levels are lying.

Broad range for the index is seen between 295 to 300 on downside & 330 to 335 on upside.

Nifty PSU Bank Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for NIFTY PSU BANK for the week  (Nov 20, 2017 – Nov 24, 2017) :

NIFTY PSU BANK:

 

NIFTYPSUBA

 

Nifty PSU BANK index closed the week on positive note gaining around 1.70%.

As we have mentioned last week, that resistance for the index lies in the zone of 4000 to 4050 from where the index broke down. If the index manages to close above these levels then the index can move to the levels of 4200 to 4250 where trend-line joining earlier highs is lying. During the week the index manages to hit a high of 4191 and close the week around the levels of 4069.

Minor support for the index lies in the zone of 4000 to 4020. Support for the index lies in the zone of 3800 to 3850 where the index has taken multiple support. If the index manages to close below these levels then the index can drift to the levels of 3700 to 3750 from where the index broke out of August-2017 highs.

Resistance for the index lies in the zone of 4150 to 4200 from where the index broke down. If the index manages to close above these levels then the index can move to the levels of 4300 to 4350 where trend-line joining earlier highs is lying.

Broad range for the index is seen between 3800 to 3850 on downside & 4250 to 4300 on upside.

Nifty Metal Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for NIFTY METAL for the week  (Nov 20, 2017 – Nov 24, 2017) :

NIFTY METAL:

 

NIFTYMETAL

 

Nifty METAL index closed the week on negative note losing around 2.50%.

As we have mentioned last week, that minor support for the index lies in the zone of 3800 to 3830. Support for the index lies in the zone of 3680 to 3720 where trend-line joining earlier highs and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 3550 to 3600 where Fibonacci levels are lying. During the week the index manages to hit a low of 3641 and close the week around the levels of 3768.

Support for the index lies in the zone of 3680 to 3720 where trend-line joining earlier highs and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 3550 to 3600 where Fibonacci levels are lying.

Minor resistance for the index lies in the zone of 3800 to 3830. Resistance for the index lies in the zone of 3900 to 3950 from where the index broke down after consolidation. If the index manages to close above these levels then the index can move to the levels of 4050 to 4100.

Broad range for the index is seen between 3600 to 3650 on downside & 4000 to 4050 on upside.

Nifty Energy Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for NIFTY ENERGY for the week  (Nov 20, 2017 – Nov 24, 2017) :

NIFTY ENERGY:

 

NIFTYENERG

 

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

As we have mentioned last week, that support for the index lies in the zone of 13600 to 13700 where the index has formed a double top pattern in the month of September-2017. If the index manages to close below these levels then the index can drift to the levels of 13300 to 13400 where break out levels are lying. During the week the index manages to hit a low of 13625 and close the week around the levels of 13962.

Support for the index lies in the zone of 13600 to 13700 where the index has formed a double top pattern in the month of September-2017. If the index manages to close below these levels then the index can drift to the levels of 13300 to 13400 where break out levels are lying.

Resistance for the index lies in the zone of 14000 to 14100. If the index manages to close above these levels then the index can move to the levels of 14300 to 14400 from where the index broke down after consolidation.

Broad range for the index is seen between 13500 to 13600 on downside & 14300 to 14400 on upside.

Nifty Auto Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (Nov 20, 2017 – Nov 24, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 0.60%.

As we have mentioned last week, that support for the index lies in the zone of 11000 to 11100 where Fibonacci levels and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10700 to 10800 from where the index broke out. During the week the index manages to hit a low of 11072 and close the week around the levels of 11252.

Support for the index lies in the zone of 11000 to 11100 where Fibonacci levels and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10700 to 10800 from where the index broke out.

Resistance for the index lies in the zone of 11350 to 11450 where trend-line joining highs formed in the month of June-2017 and August-2017 is lying. If the index manages to close below these levels then the index can move to the levels of 11550 to 11600 where Fibonacci levels are lying.

Broad range for the index is seen from 10800 to 10900 on downside & 11500 to 11600 on upside.

Nifty Pharma Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for NIFTY Pharma for the week  (Nov 20, 2017 – Nov 24, 2017) :

NIFTY PHARMA:

 

NIFTYPHARM

 

Nifty PHARMA index closed the week on negative note losing around 1.60%.

As we have mentioned last week, that resistance for the index lies in the zone of 9350 to 9400 where short & medium term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 9550 to 9600 from where the index has sold off. During the week the index manages to hit a high of 9345 and close the week around the levels of 9162.

Support for the index lies in the zone of 8900 to 8950 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 8700 to 8750 where the index has taken multiple support in the month of September-2017.

Resistance for the index lies in the zone of 9200 to 9250 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 9350 to 9400 where short & medium term moving averages are lying.

Broad range for the index is seen from 8700 to 8750 on downside & 9350 to 9400 on upside.

Nifty FMCG Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (Nov 20, 2017 – Nov 24, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG