Market update:

Sensex up over 150 points on the back of gains in auto, capital goods stocks;
Nifty firm above 8,800
M-cap of BSE-listed firms at lifetime high of Rs 111 lakh crore
RBL Bank surges on market debut after $182 million IPO
FAME scheme to help save Rs 60,000 crore fuel annually: Anant Geete
Residency status for high networth foreign nationals approved: report
India growth threatened by business 'roadblocks': John Kerry
HDFC’s second masala bond issue to raise up to Rs 500 crore opens today
Consumer is king, can't stop discounts by Ola and Uber: High Court

STOCK UPDATES:

CASH TATAMOTORS
Buy at - 545
SL - 539
TGT - 555

STOCK UPDATES:

PNB FUT
BUY Around - 126-128
SL - 124
TGT - 137++

PNB 130 CALL
BUY - 4.2
SL - 3.3
TGT - 7+++

SUN TV FUT
BUY Around - 480-482
SL - 472
TGT - 499++

SUN TV 500 CALL
BUY - 11.8-12.4
SL - below 10.3
TGT - 17/19

Market Outlook :

-Nifty Futures Trend Deciding level is 8745 (Intraday Traders),

 NF Trend Changer Level  8660 (Positional Traders)

-Nifty showed  impulsive move as we were expecting as it closed above 8577 and  also shark pattern last leg formation and gann impulsive date also as discussed  in Weekly anslysis. Also Nifty has broken the 247 points range of past 26 days  as shown in below chart.

-Bulls above 8723 can see move till 8851/8900. Bulls need to hold 8723 on  closing basis else it can be termed as fake breakout.

-Nifty to turn volatile as day progresses. Trade as per market trend.

-Nifty spot if manages to trade and sustain above 8780 level then it is likely to  show some upmove and if it breaks and trade below 8700 level then some  profit booking can follow in the market. Please note this is just opening view  and should not be considered as the view for the whole day.

	Nifty Level future
Up ↑	8870	8835	8820
Down ↓	8770	8750	8700

	Action	SL	TGT
Buy above	8750	8700	8850
Sell below	8680	8720	8600

Market update:

Sensex surges 330poiints on broad based buying,
Nifty Trade above 8700++ (100 points)
RBL Bank to make stock market debut tomorrow
Markets to be rangebound; bullish on cement, financials: UR Bhat
Gold slips on firmer dollar; seen range-bound
Diesel vehicles ban: Auto industry lost Rs 4,000 crore in 8 months
Gujarat Mineral Development Corporation jumps 11% on strong q1
Crompton Greaves jumps ahead of June quarter earnings

STOCK UPDATE:

Buy SBI Fut
AT - 251.8
SL - 245
TGT - 262

Buy Century Text Cash
AT - 704.8
SL - 692
TGT - 730

STOCK UPDATE:

BUY Indiacem (Fut)
AT - 149
SL - 144
TGT - 159

Market Outlook :

-Nifty Futures Trend Deciding level is 8585 (Intraday Traders),

 NF Trend Changer Level  8550 (Positional Traders)

-Nifty made low of 8544 and bounced back again above 8577. Situation like this  only cause trader maximum loss as most of traders are stuck with bearish bias  and with change in market trend unable to adjust /reverse position and market  sees an impulsive move. As I always say traders should be like a chameleon  change colors soon as market is changing color. Nifty is forming the last leg of  shark pattern holding today’s low we can move towards 8710 again to complete  the pattern. 

-Nifty to trade volatile and is likely to follow global cues.

-Nifty future if manages to trade and sustain above 8680 level then expect some  quick upmove and if it breaks and trade below 8620-8600 levels then some  profit booking is likely to be seen in the market. Please note this is just opening  view and should not be considered as the view for the whole day.

	Nifty Level future
Up ↑	8740	8700	8680
Down ↓	8625	8600	8585

	Action	SL	TGT
Buy above	8625	8585	8700
Sell below	8545	8584	8460

STOCK UPDATE:
Derivatives Call
Buy TATAMTRDVR
340 CE above 12,
SL - 9
Tgt - 18-22.

Market update:

Sensex continues to trade with negative bias, dragged down by IT and pharma stocks,
Nifty recover 30 points,
Tyre stocks buzz: Balkrishna Industries, Apollo Tyres, JK Tyre & Industries surge 4-6% on softness in natural rubber prices,
India best market for e-commerce growth: Infosys co-founder,
Aurobindo Pharma Gains On Buzz Of Big UK Acquisition,
Rupee edges lower against dollar, falls to 67.20,
Future Retail begins trading following merger with Bharti's retail business, stock up 4% at Rs 159.5
Most Asia stocks slide on Fed officials' rate comments, dollar firms,
Gold inches down on steady dollar, Fed rate hike remains on cards,
Sebi mulling relaxed norms for REITs, startups listing.

STOCK UPDATES:

Delivery Buy VOLTAS  (2-3 days)
at - 393 
SL - 387.50
TGT - 403 

NIFTY UPDATES:

NIFTY FUT
BUY - 8596 
SL - 8580
TGT - 8624/8644

Market Outlook :

-Nifty Futures Trend Deciding level is 8585 (Intraday Traders),

 NF Trend Changer Level  8550 (Positional Traders)

-Nifty to trade volatile and is expected to follow global cues.

-Nifty spot if manages to trade and sustain above 8660 level then it is likely to  show some upmove and if it breaks and trade below 8580 level then some  profit booking can be seen in the market. Please note this is just opening view  and should not be considered as the view for the whole day.

-Bulls failed to protect 8596, coming week also if we close below 8596 bears can  push nifty towards 8388/8300 levels.

-If close below 8565.... bears have an uppar hand!

	Nifty Level future
Up ↑	8705	8665	8645
Down ↓	8605	8585	8565

	Action	SL	TGT
Buy above	8625	8585	8705
Sell below	8545	8584	8465

Market update:
-Sensex down over 100 points,
-Nifty heads towards 8,550
-India Inc foreign borrowings down 44% at $1.2 billion
in July
-Gammon Infra Shares Slump After Q1 Results
-Australia pulse crops racing to record to fill Indian
plates
-Biocon’s cancer drug accepted for review, shares hit
52-week high
-Plan to have four SUVs in India in four years: Hyundai
-Lupin gets tentative USFDA nod for generic anti-
depressant

NIFTY UPDATE:

Sell Nifty fut at - 8640...50 SL - 8686 TGT - 8585 / 8540

STOCK UPDATES:

Hindalco 160 call
above - 5.10 
TGT - 6-7.5-9
SL - 3.8

Market Outlook :

-Nifty Futures Trend Deciding level is 8680 (Intraday Traders),

 NF Trend Changer Level  8685 (Positional Traders)

-Nifty Its been 22 days we have traded in range of 204 points 8517-8721,  suggesting market is seeing time correction frustrating traders and hitting SL,  traders who survive  this phase by applying risk and money management are  rewarded handsomely in the next move.

-Nifty Low made today was 8583 near our important gann level of 8577 which  we have discussed many time in our past analysis High made today was 8683  so bulls need to wait for break of 8711-8723 range for further upmove.

-Nifty to trade volatile and is likely to follow global cues.

-Nifty spot if manages to trade and sustain above 8620 level then it is likely to  show some upmove and if it breaks and trade below 8540 level then it is likely  to show some profit booking. Please note this is just opening view and should  not be considered as the view for the whole day.

	Nifty Level future
Up ↑	8705	8690	8675
Down ↓	8635	8610	8585

	Action	SL	TGT
Buy above	8620	8580	8700
Sell below	8565	8615	8475

STOCK UPDATES:

BUY DLF 165 CALL 
CMP - 1.30-1.40
SL - 0.70 
TGT OPEN TILL 3.4

Market Outlook :

-NIFTY GURU wishes everyone a very Happy Janmashtami ! May God Bless you  all!

-Nifty Futures Trend Deciding level is 8642 (Intraday Traders, NF  Trend Changer Level  8660 (Positional Traders)

-Nifty High made today was 8661 so bulls need to wait for break of 8711-8723  range for further upmove, Low was 8620 which was again near the rising gann  trendline. Bulls above 8723 can see move till 8851/8900, bears below 8577 can  see move till 8520/8484. Nifty is down just 16 points from last expiry close of  8666.

-F&O expiry today expect.Market to turn volatile as the day progresses. Good  stock specific movement is expected in the market.

-Nifty spot if manages to trade and sustain above 8680-8700 levels then it is  likely to show some upmove and if it breaks and trade below 8600 level then  some profit booking is expected in the market. Please note this is just opening  view and should not be considered as the view for the whole day. 

	Nifty Level future
Up ↑	8730	8690	8675
Down ↓	8635	8615	8580

	Action	SL	TGT
Buy above	8675	8640	8740
Sell below	8580	8625	8490