Nifty and Stock Rally

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Vital resistance of the day is 11237.40; above this level Nifty Future will face next hurdle at 11254---11264.90;

Tough hurdle to cross is 11353.65.

From days high an intraday correction is quite possible.

Nifty Future Trading

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

First resistance of the day is 11614.45; above this vital and tough resistance is 11667.10.

If Nifty Future break yesterday’s low (11486.55) then may take support at 11202.95---11199.20 within this week.

Today’s Overview

Correction may continue. Any bounce back is good opportunity of going short.

Nifty Trading Tips

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Vital support o the day is 11787; below this level Nifty Future may meltdown to 11766.55.

First resistance of Nifty Future is 11867.25. Above 11899 don’t hold any short positions. Nifty Future will bounce back to form new high.

Around 10^th or 11 July Nifty Future may change its direction.

Nifty UPL ICICIBANK

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Vital support of the day is 11706 or 11703.

If Nifty Future take bounce back from day’s low then vital resistance is 11916.15---11924.30.

UPL:

This stock may face tough hurdle at 921.50—922. If start to fall this level then next support may be 812.50.

ICICI Bank:

Vital resistance is 435.65, (although on Friday the stock made high 435.20).

Now the stock may bottom at 386.20.

Nifty UPL Yesbank

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

Vital support of the day is 11719.Crucial support is 11702.75

If Nifty Future take bounce back from day’s low then vital resistance is 11916.15---11924.30.

UPL:

Yesterday written:

“Vital support is 933, if break this level then stock price may meltdown to 806—781 within few sessions.”

This stock made low 833. Just look at 812.50.

YES Bank:

Yesterday written about the support level 96, the stock made low 98.70 and reverse to 115.90.

Nifty Yes Bank UPL

Good Morning and Wish You a Happy Trading Session ….

Key Support-Resistance level of Nifty Future

First resistance of the day is 11822.90. Above this tough hurdle are 11850.

Vital support is 11705.55;

If Nifty Future breaks 11624-11621 then crucial support is 11557.15.

YES Bank:

Those are holding this stock, do not average.

If this stock break 96 then, blood bath can melt down the stock price to 59---56.05.

UPL:

Vital support is 933, if break this level then stock price may meltdown to 806—781 within few sessions.

Nifty-Divislab-UPL

Key Support-Resistance level of Nifty Future

Crucial support of the day is 11871.50----11865.90.

Above 12007.55 next resistance is 12039---12070, closing above the mentioned level Nifty Future may touch 12130.55 within this week.

Nifty and UPL

Key Support-Resistance level of Nifty Future

Vital support of the day is 11931.30, Below 11913 crucial support of the day is 11901.45.

First resistance of the day is 12007.55: After crossing and closing 12039---12070, Nifty Future may touch 12130.55 within this week.

UPL:

Above recent high 1043.75 the stock will rush to touch 1123.95, but this is not the end.

UPL (NSE Code:  INE628A01036) will run more….

Nifty UPL Lupin

Good Morning and Wish You a Happy Trading Session

Key Support-Resistance level of Nifty Future

     Yesterday written about the first resistance 11957.50, Nifty Future made high 11960.

     Vital support of the day is 11858.80; below this crucial support is 11772.20.

     Now above 11979.85 or 11983.40 tough hurdle to cross is 12035.80.

UPL:

On 21^st May this stock made high 1043.60, yesterday also made high 1043.75. now closing above 1069 the stock may run to 1285.50 within couple of weeks.

Lupin:

On 28^th March’2019 the stock made low 719.80, and from there take a bounce back, yesterday it made low 720 again.

Vital support of the day is 702.85/702…..Closing below the mentioned level the stock will take next support at 610.20 within next month.

And hurdle may be 735/739 (intraday).

Yesterday our advice (Intraday) on Lupin:

“Buy 250 Lupin @727 SL 724 Target 750/752” Target achieved successfully. 

Nifty Reliance UPL

Good Morning and Wish You a Happy Trading Session

Key Support-Resistance level of Nifty Future

Yesterday written about the resistance 11877.80 of Nifty Future, Nifty Future made high 11877.30.

Today vital resistance is 11979.50; closing above 12072 Nifty Future may run to touch 12323.25.

From any of resistance level correction of 205 points is quite possible.

Today’s Overview:

Overall trend is Up.

Reliance:  

Vital resistance of Reliance (cash) is 1370/1372.35; fail to cross this level Reliance may start to melt down sharply.

And close below 1334/1332 today may start bleeding.

UPL:

Yesterday this stock sparks heavily. From day’s low 965 it jumps to 1023.

Now today if rally may continue then next hurdle should be 1197.75.

Nifty Lupin UPL

Good Morning and Wish You a Happy Trading Session

Key Support-Resistance level of Nifty Future

No change of Nifty Future levels:

As Nifty Future is trading between a range of 11712 to 11734.

Below 11700.55 next crucial support is 11684.25.

And above Friday’s high Nifty Future will run 11868.90, once the index fail to cross cross 11885.15 to 11896.60, then a sharp correction is quite possible.

UPL:  Above recent high 975.25 next resistance is 986.30.

                                            If break 955 then may take support at 946.25

Lupin, Crucial support of the day is 861.55/859.75, if break 855 then panic may destroy the rally.

                   Vital resistance of the day is 891.5/893.25