MARKETS IMPORTANT EVENTS AND OPEN INTEREST ANALYSIS FOR 12 TH SEPT 2016

Coming week going to see some major moves as we are going to have number of events in the coming week like inflation data , iip numbers and also last week for the quarter results of some of the big names like  tatasteel, reliance communication  ,reliance infrastructure  and many more…

SGXNIFTY already trading 100 +  points down…   Dow posts 3 to 4 percent drop in the last session….

So  overall  an interesting week with high volatility….

Open Interest build up on  09 TH  SEP 2016.

Stock Futures added long side positions: …RELIANCE ,ADANI POWER,,.TECHM…

Stock Futures added short side positions:M & M FINANCE,,L & T FIN HOLDINGS  ,, TATA COMMUNICATIONS…..

SWING   TRADE FOR SEPTEMBER SERIES 2016….

On behalf of pure technical analysis  i  have  judged some of the stocks recommendations which are going to publish their results  irrespective of market moves and results…

Some of the recommendations are given below:

TATASTEEL  RESULT DATE 12 TH AUGUST  MONDAY:

As we may see a gap down opening  so we may see stock finding  support around  385-382 levels..

SO BUY TATA STEEL ON DIPS AROUND 385-82 WITH SL AT 378 FOR THE TARGETS OF 392 AND THEN 400+++…

UNITECH RESULT DATE 14 SEP WEDNESDAY..

BUY UNITECH AT DIPS AROUND 5.9 SL BELOW 5.15 TGT 7.25….

BUY RCOM  AT OR IN BETWEEN  49-50 SL BELOW 49 CLOSING BASIS  FOR THE TGT OF   54-55..

BUY    RELINFRA ON DIPS AROUND 595 SL 588 TGT 615-620…RESULT ON 13 SEP TUESDAY…

BUY  BAJAJ HIND  AT 18 SL 17 TGT   19.75….