PROFITTEER FINANCIAL SERVICES

Tatamotors NSE updates june2016

2016-06-01T01:42:00.000+05:30

Tatamotors Call: Analyzed on Weekly chart of continuous future prices.

Buy: @CMP 455-60 add more if deeps to 430-435
SL: 392 based on gap on daily chart
Target : 560-65

Monthly Chart

As we can see on monthly chart stock is in long term uptrend.

Weekly Chart

On Weekly chart it has made double bottom pattern which is also called as W pattern.
which has been broken today on 31st may 2016
and as per pattern targeting 560-65 levels. if pattern fails it may give a strong downward move. so take entry based on your risk.

Daily Chart

Check chart closely, I have marked some areas. Yellow area are resistances and Aqua color area are supports ,which are called windows based on candlesticks analysis.
Check higher volumes on today's candle. everything is showing a strong upmove in coming weeks.

Happy Trading

Copper Updates Feb16

2016-02-04T12:20:00.000+05:30

Copper Comex :

Copper has been in downtrend since a long time, right now showing an positive pattern based on RSI and Candlesticks,

Monthly Chart of Copper Comex

Look at the chart of Copper , We can see that there is an 3 Candle Divergence on Monthly Chart.

We have a Bullish Harami, and Hammer too. so i would suggest Buy At CMP with Stoploss Below 1.9040 on Closing Basis and Target 2.3135 . That's a target and SL based on CandleStick and RSI 3 Candle Divergence Pattern.

Copper MCX:

MCX Copper has taken support on its previous trend line. and showing some good candlestick patterns for going up.

Monthly Chart of Copper MCX

As we can see that its in downtrend and after taking support on previous trendline showing bullish candlestick patterns on Monthly Chart. First one is Bullish Harami than Hammer and now showing Bullish Engulfing.

Daily Chart of Copper MCX

Now check Daily Chart Copper broke its Downward Sloping Trend line. Which was very effective from past 9 months with 4 touch points. so we can go long on copper based on these all positive patterns breakouts.

Call: Buy @ 310-320 with Stoploss Below 290 and Targets of 335, 350.367.

BUY USD/JPY SL-95.60 TARGET-102/104

2013-09-02T13:54:00.001+05:30

BUY USD/JPY
STOPLOSS -95.60
TARGET-102/104

USD/JPY BUY CALL GENERATED BECAUSE OF SYMMETRICAL TRIANGLE BREAKOUT SEE CHART ABOVE SYMMETRICAL TRIANGLE HAS TAKEN PLACE IN USD/JPY ON DAILY CHARTS. AND WE HAVE MAINTAINED STOPLOSS BELOW LOWER LINE OF SYMMETRICAL TRIANGLE .

BUY SBI FUT

2013-08-21T12:56:00.003+05:30

BUY SBI FUT CMP 1591-92
SL SPOT 1580 TG OPEN
POSITIONAL

BUY NIFTY FUT

2013-08-21T12:55:00.001+05:30

BUY NIFTY FUT CMP 5416-17
SL SPOT 5403 TG OPEN
POSITIONAL

POSITIONAL CALL- SELL DLF FUTURE

2013-08-12T12:33:00.000+05:30

SELL DLF FUT CMP 138-139
SL SPOT 145.50
TARGET OPEN

COPPER UPDATES

2013-08-10T11:41:00.000+05:30

COPPER UPDATES

ON COMEX

SEE CHARTS- COPPER HAS BREACHED ITS BEARISH TRENDLINE, BUT WE ARE NOT SUGGESTING BUYING HERE. BECAUSE IT IS GOING TO ENTER IN STRONG RESISTANCE AREA, AND VOLUMES ALSO NOT SUPPORTIVE FOR BUYERS. WILL JUMP SOME MORE.

IN MCX TERM-

WE COULD SEE SOME MORE BOUNCE UP TO 450 LEVELS. BUT 446 TO 452 LEVELS ARE STRONG RESISTANCE LEVELS IF CROSSES ABOVE 452 COULD TARGET 465-70 LEVELS

OUR PREFERENCE:-

POSITIONAL

SELL- AROUND 446-450

STOPLOSS- 452.50

TARGET 1- 438

TARGET 2- 432

TARGET 3 - 427

LOW RISK CALL

BUY CALL - MARUTI AUG FUTURE

2013-08-10T00:05:00.000+05:30

Call for Monday 12-08-2013

BUY MARUTI AUGUST FUTURE (CMP 1384.55)

Maruti is in OVERSOLD Zone. It has fallen from 1800 to 1300 in last 3 months. Three Technical indicators (RSI, MACD & Stochastics) have produced BUY signal on daily chart. Hence one can consider going long with the following targets.

Intraday

Buy @ 1398 with SL @ 1371

Targets 1405 - 1417 - 1426 - 1438

Positional

Buy @ 1397 with SL @ 1372

Targets 1412 - 1429 - 1443 - 1456

SELL LUPIN AUGUST FUTURE

2013-08-10T00:04:00.000+05:30

For Monday 12/08/2013

SELL LUPIN FUTURE

Lupin has suddenly cracked from highs. Although lower time frame chart indicates possible recovery. However 5/20 EMA has given SELL signal. Lupin is in correction mode after a strong consistent up move. One could consider taking SHORT position with STRICT stop loss.

Intraday

SELL @ 798.15 Strict Stop Loss @ 819.25

Targets 792.60 - 782.65 - 775.50 - 766.50 - 755.00

POSITIONAL

SELL @ 811 Strict Stop Loss @ 854

Targets 798 - 790 - 773 - 763 - 722

SELL INFOSYS

2013-08-09T22:16:00.001+05:30

Call for Monday 12/08/2013

SELL INFY AUG FUTURE

INFY-AUG Future (CMP 2982.05)

Infy is in OVERBOUGHT zone.

Both MACD & Stochastics have produced SELL signal.

RSI has started falling...... therefore SELL

Intraday

SELL @ 2973.00 --------> Stop Loss 2991.00

Targets 2968 - 2963 - 2959 - 2953 - 2945 - 2935

Positional

SELL @ 2966.00 --------> Stop Loss 2997.00

Targets 2957 - 2951 - 2939 - 2932 - 2903 - 2886

POSITIONAL CALL- BUY SILVER AROUND 42400-42600

2013-08-09T21:47:00.000+05:30

POSITIONAL CALL-

BUY SILVER AROUND 42400-42600
SL- BELOW 41900
TARGET 1- 43200
TARGET 2- 43600
TARGET 3- 44000

ALL TARGET ACHIEVED

PROFIT/LOSS- 44,000 PER LOT

ON COMEX SILVER BREACHED ITS BEARISH TREND LINE AND COULD TARGET TO 21.20-21.50 LEVELS.
NOW IT IS IN AN UP CHANNEL
IF 22 BREACHED
COULD TARGET 24.50 TO 25 LEVELS
SO GO FOR POSITIONAL BUY AND ADD MORE ON DIPS.

SELL BAJAJ FUTURE

2013-08-08T11:14:00.000+05:30

SELL BAJAJ AUTO FUTURE
CMP 1803-4
SL SPOT 1797.50
TARGET- 1760 INTRA DAY/POSITIONAL

PROFIT/LOSS- ___________________

SELL AXIS BANK FUTURE

2013-08-08T10:04:00.003+05:30

SELL AXIS BANK FUTURE CMP 1079-80
SL SPOT 1092.50
TG 1057.50 INTRADAY/POSITIONAL

new low 1068 any one

PROFIT/LOSS- ___________________

SELL TCS FUTURE

2013-08-08T09:49:00.001+05:30

SELL TCS FUTURE CMP 1819-22
SL SPOT 1827.50
TG 1780 INTRADAY
spot sl hit but hold sl modify spot 1842.50 1 more lot sell both sl same cmp 1830

PROFIT/LOSS- ___________________

SELL RELIANCE FUTURE

2013-08-07T15:05:00.003+05:30

SELL RELIANCE FUTURE
CMP 881-82
SL SPOT 886.50
TARGET- OPEN

CMP 871-73

today low 867.10
again new low 864.05
12AUG NEW LOW 855.95 AGAIN TODAY NEW LOW 843.90

PROFIT/LOSS- ___________________

INTRADAY CALL- SELL CRUDEOIL 6450-6460

2013-08-07T14:44:00.002+05:30

INTRADAY CALL

SELL CRUDEOIL 6450-6460
SL 6480
TARGET 6402

TARGET ACHIEVED

PROFIT/LOSS - 5000 TO 6000 PER LOT

HIGH RISK CALL

BROKEN THE SHORT TERM TRENDLINE SUPPORT LEVEL. AND COULD TEST 6380-6400 LEVELS.
IF YOU ARE NOT A AGGRESSIVE TRADER THEN WAIT FOR A JUMP TO 6470-75
AND SHORT THERE

BUY TCS FUTURE

2013-08-07T13:56:00.006+05:30

BUY TCS FUTURE CMP 1846-48
SL SPOT 1826.50
TG OPEN POSITIONAL

PROFIT/LOSS- ______SL HIT___________

SELL NIFTY FUTURE

2013-08-07T13:12:00.001+05:30

SELL NIFTY FUTURE
CMP 5568-70
SL SPOT 5557.50
TG OPEN POSITIONAL

PROFIT/LOSS- _______________________
spot ka sl hit mal hath me he ok 1 more lot sell cmp sl modifay spot 5570.50 ok all is well cmp 5592-94

cmp 5545-46