24-03-2014 Daily Market Insight U.S. stocks rose for the third time this week as reports on leading indicators and regional manufacturing fueled optimism in the economy, overshadowing concern that interest rates may rise in the middle of next year. Asian stocks rose, with a regional index of shares. Market is expected to open on positive note but likely to remain range bound during the day. B As on 21 st of march , nifty was full in choppy. Nifty Fifty heat map was also in under pressure. Among of nifty fifty Tata Steel, Hindalco, and JP Associate was in green chart. While nifty closed at 10.10 on green note . The Bombay Stock Exchange (BSE) & the National Stock Exchange (NSE) conducted a special trading session on 22 nd March.AS on 22 nd March Nifty closed at © Copyright 2012, HBJ Capital Services Pvt. Ltd. info@stoplosstrade.com Outlook for the day March.AS on 22 nd March Nifty closed at 6949.90. INDICES LTP Change % Change NIFTY 6494.90 1.70 0.03 SENSEX 21755.32 1.57 0.01 CNX SMALLCAP 3488.85 16.90 0.49 CNXMIDCAP 8176.75 16.85 0.21 BANKNIFTY 12075.80 -16.55 -0.14 Nifty View: Above 6480 keep long view and if a close below 6480 then major correction up to 6300 can be expected in this week. For BANK NIFTY, on 24 th of march traders watch 12k for closing, above it keep long view and below it expect deeper correction of 300-500 points in this week.
Market outlook report 24th march 2014
Nov 22, 2014
market outlook report - 24th march 2014
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24-03-2014
Daily Market Insight
U.S. stocks rose for the third time thisweek as reports on leading indicatorsand regional manufacturing fueledoptimism in the economy,overshadowing concern that interestrates may rise in the middle of nextyear. Asian stocks rose, with a regionalindex of shares. Market is expected toopen on positive note but likely toremain range bound during the day. BAs on 21st of march , nifty was full inchoppy. Nifty Fifty heat map was also inunder pressure. Among of nifty fiftyTata Steel, Hindalco, and JP Associatewas in green chart. While nifty closedat 10.10 on green note . The BombayStock Exchange (BSE) & the NationalStock Exchange (NSE) conducted aspecial trading session on 22nd
March.AS on 22nd March Nifty closed at
© Copyright 2012, HBJ Capital Services Pvt. Ltd. [email protected]
Outlook for the day
March.AS on 22nd March Nifty closed at6949.90.
INDICES LTP Change%
ChangeNIFTY 6494.90 1.70 0.03
SENSEX 21755.32 1.57 0.01
CNXSMALLCAP 3488.85 16.90 0.49
CNXMIDCAP8176.75 16.85 0.21
BANKNIFTY12075.80 -16.55 -0.14
Nifty View:
Above 6480 keep long view and if a closebelow 6480 then major correction up to6300 can be expected in this week. ForBANK NIFTY, on 24th of march traderswatch 12k for closing, above it keep longview and below it expect deepercorrection of 300-500 points in thisweek.
24-03-2014
Daily Market Insight
Recommendation: SellCurrent price: 974.60(fut price)Stop loss: 1010Target: 920
Why M&M?The stock has broken the long termtrendline today (21-03-2014)The stock has been moving in TrendChannel for a long time that means abreakout on either side willaccompanied by sharp movement .It hasgiven a breakout today on the lower sideaccompanied with good volume thatshould probably be followed withdownside movement.Macd crossover and double top patternfurther confirms the sell.Short the stock for a short term target of
3/23/2014
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Short the stock for a short term target of920 with Stop loss of 1010.
Recommendation: SellCMP: 314(Fut Price)SL: 330TGT: 280TIME PERIOD: 5 days
WHY ONGC?ONGC has been in a long trend from along time, but now it has takenresistance twice around 334 levels.
It has completed a bearish engulfingpattern in a downtrend and given aclear breakout with strong volume.
With MACD and volume giving a sellsignal, it seems to be a goodopportunity to catch a profitable shortterm trade.
24-03-2014
Daily Market Insight
Derivative Info
BUYMRF
SELLIGL
Increase In Open Interest
SymbolPrev.
OI Curr. OI %Chg. OICurr. Price
%Chg. Price
MRF 235 292 24.26% 22391.25 4.10%M&MFIN 2897 3411 17.74% 254.55 -2.23%
AXISBANK 23869 27549 15.42% 1376.15 1.80%HDIL 2873 3208 11.66% 49.15 5.25%
IBREALEST 5417 5944 9.73% 51.2 0.00%
Decrease In Open Interest
SymbolPrev. OI Curr. OI %Chg. OI
Curr. Price
%Chg. Price
MCLEODRUSS 2138 1587 -25.77% 288.15 3.82%
IGL 1762 1327 -24.69% 283.7 -0.25%
HEXAWARE 3907 3496 -10.52% 149.9 -0.66%
CIPLA1313
211757 -10.47% 389.4 0.39%
© Copyright 2014, HBJ Capital Services Pvt. Ltd. [email protected]
BUYM&MFIN
SELLMCLEODRUSS
2
TATASTEEL1657
914887 -10.21% 363.7 3.71%
Increase In Open Interest & Decrease In Price
Symbol Prev. OI Curr. OI %Chg. OICurr. Price
%Chg. Price
M&MFIN 2897 3411 17.74% 254.55 -2.23%M&M 8032 8459 5.32% 974.6 -0.82%ONGC 10029 10520 4.90% 304.7 -2.48%
ORIENTBANK
1385 1439 3.90% 192.85-0.31%
BHARTIARTL
11420 11851 3.77% 293.7-0.93%
Decrease In Open Interest & Increase In Price
SymbolPrev.
OI Curr. OI %Chg. OICurr. Price
%Chg. Price
MCLEODRUSS 2138 1587 -25.77% 288.15 3.82%CIPLA 13132 11757 -10.47% 389.4 0.39%
TATASTEEL 16579 14887 -10.21% 363.7 3.71%IOB 650 584 -10.15% 46.55 1.20%
INDIACEM 1489 1356 -8.93% 55.050.92%
24-03-2014
Daily Market Insight
Daily Market Insight is an Informative Newsletter, powered by STOPLOSSTRADE [www.stoplosstrade.com | www.stoplosstrade.in]
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24-03-2014
Daily Market Insight
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