Stock Market Calls By Market Magnify

CASH POWER TIP :- BUY SOBHA ABOVE 542 TOTAL 12000 SHARES WITH SL 530

CASH POWER FOLLOWUP: SOBHA ROCKSSSSSSSSSSSSS NOW AT 575 BOOK FULL PROFIT TOTAL PROFIT 396000

 

BUY IFB INDUS ABOVE 1397 TGT-1405-1415-1428 SL 1383.3

 

BUY RUPA ABOVE 451 TARGET 459 WITH SL 444

 

FOLLOWUP: RUPA ROCKSSSSSS HIT ULTIMATE TG 459 BOOK FULL PROFIT MKT HIGH IS 461

 

WEEKLY EQUITY REPORT UPDATE

MARKET 0UTLOOK​

The market was BEARISH during the week. The Sensex was DOWN 846.30 points while the Nifty was DOWN 2.58 % during the week. Nifty was in the range of 10108-10410

The Dow Jones Industrial Average fell 40.76 points, or 0.17%, to 24,231.59, the S&P 500 lost 5.36 points, or 0.20%, to 2,642.22 and the Nasdaq Composite dropped 26.39 points, or 0.38%, to 6,847.59. Wall Street fell on Friday, whipsawed by developments with a probe into Russia’s alleged involvement in the US election as well as with progress on a tax bill in Congress. The benchmark S&P 500 was down as much as 1.6 percent following the report. Flynn pleaded guilty on Friday to lying to the FBI about contacts with Russia’s ambassador. Steep sell-offs have been a rarity on Wall Street this year. The S&P 500 has closed down by at least 1 percent only four times in 2017. But stocks recouped the bulk of their initial losses, after US Senate Republicans said they had enough support to pass a sweeping tax overhaul. The Senate news was the latest sign of progress for a tax bill being closely watched by investors, with hopes that significant corporate tax cuts will further fuel Wall Street’s record-setting rally. Advancing issues outnumbered declining ones on the NYSE by a 1.02-to-1 ratio; on Nasdaq, a 1.54-to-1 ratio favoured decliners. Energy was the best-performing sector, rising 0.8 percent. Oil prices settled up slightly, the day after OPEC and other crude producers agreed to extend output cuts until the end of 2018 to tighten global supplies and support prices

For the week, the Sensex was DOWN 846.30 points while the Nifty was DOWN 2.58% during the week.

NEWS AFFECTING INDIAN MARKETS

1. Indian November factory growth fastest since late 2016 currency shock.
2. Forex reserves claw back to $400-bn mark again.
3. Govt in talks with exporters to resolve issues over working capital.
4. Commerce Secretary for review of import duty on gold.

 

BUY TATA GLOBAL FUT ABOVE 291.00 TARGET 292.50 WITH SL 289.50 TOTAL 7 LOTS

 

FOLLOWUP: TATA GLOBAL FUT ROCKSSSSSSSS HIT ULTIMATE TG 292.50 BOOK FULL PROFIT MKT HIGH IS 292.80

 

Buy Parag Milk Above 274.50 Target 278 with sl 270.50

 

FOLLOWUP:- PARAG MILK ROCKSSSSSSSSSS HIT ULTIMATE TG 278 BOOK FULL PROFIT MKT HIGH IS 290.85

 

BUY BANK NIFTY FUT ABOVE 25560 TOTAL 12 LOTS WITH SL 25550

 

BANK NIFTY POWER FOLLOWUP: BANK NIFTY FUT ROCKSSSSSSSSSSSSSSSSSSSSS NOW AT 25638

TOTAL PROFIT 37440

 

CASH POWER TIP :- BUY KIRI IND ABOVE 538 TOTAL 12000 SHARES WITH SL 528

 

CASH POWER FOLLOWUP: KIRI IND NOW AT 542 BOOK PROFIT

TOTAL PROFIT 48000

 

BUY SUVEN ABOVE 195.20 TARGET 197.50 WITH SL 193 More Profit Miss Call This No 7879881122

 

BUY HEG ABOVE 2100 TARGET 2120 WITH SL 2080

 

FOLLOWUP: HEG ROCKSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS HIT ULTIMATE TG 2120 BOOK FULL PROFIT MKT HIGH IS 213

 

BUY NAVIN FLOUR ABOVE 839 TOTAL 12000 SHARES WITH SL 820

 

BUY LAL PATH LAB ABOVE 900 TARGET 906-916-935 WITH SL 883

 

FOLLOWUP:- LAL PATH LAB HIT 1ST TG 906 BOOK PROFIT

 

Stocks To Watch for Monday : 1st-Jan-2018

ALKYLAMINE
We recommended traders to BUY alkylamine above 676 level and target of 683-693 may achieved with a stop loss of 666.

ARROWGREEN
We recommended traders to BUY arrowgreen above 483 level and target of 488-495 may achieved with a stop loss of 476.

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