Category Archives: Daily

Wock Pharma,Union Bank and SKS Micro Trend line analysis

By | August 4, 2015 9:18 am

Wock Pharma   Positional/Swing Traders can use the below mentioned levels Close above 1597 stock can bounce till 1631/1652. Intraday Traders can use the below mentioned levels Buy above 1590 Tgt 1600,1620 and 1638 SL 1580 Sell below 1575 Tgt 1560,1540 and 1520 SL 1586   Union Bank   Positional/Swing Traders can use the below… Read More »

Nifty technical set up before crucial RBI policy

By | August 4, 2015 6:59 am

FII’s sold 9.8 K contract of Index Future worth 188 cores ,7.1 K Long contract were squared off by FII’s and 1.5 K  short contracts  were added by FII’s. Net Open Interest decreased  by 6.6  K contract, so today’s rise was used by FII’s to exit longs in index futures and enter shorts. Trading Behaviors That… Read More »

Nifty bounces from Weekly Trendline, Weekly Forecast

By | August 2, 2015 5:26 pm

Last week we gave Chopad Levels  of 8500 , Nifty  rewarded chopad followers on downside meeting all 3 targets.  Lets analyze how to trade market in coming week. Nifty Hourly Chart  Nifty hourly chart with gann box is shown above, breakout comes above 8665 and support exits near 3×1 and 2×1 degree gann line around… Read More »

Nifty Outlook for August Series

By | July 30, 2015 10:42 pm

June Series ended at 8398 and July Series ended at 8420, so from expiry to Expiry basis we moved around 22 points in between we have Greece issue with huge round of volatility. Traders optimism moved from high of 8654 and moved towards extreme pessisim at the start of this week, August series expect a… Read More »

Bajaj Finsv,Apollo Tyre and UPL MML forecast

By | July 30, 2015 6:18 am

Bajaj Finsv Intraday Traders can use the below mentioned levels Buy above 1820 Tgt 1835,1855 and 1875 SL 1813 Sell below 1805 Tgt 1794,1780 and 1760 SL 1813 UPL Intraday Traders can use the below mentioned levels Buy above 527 Tgt 532,538 and 545 SL 523 Sell below 520 Tgt 515,509 and 504 SL 524… Read More »

Why Dalal Street jitter on participatory notes?

By | July 27, 2015 3:40 pm

Participatory notes are not used within the country. They are used outside India for making investments in shares listed in the Indian stock market Foreign investment in India can broadly be classified into two categories—Foreign direct investment (FDI) and investment made by foreign institutional investors (FIIs). In both of these cases, foreign money enters the… Read More »

Bank Nifty Weekly Forecast for July Expiry

By | July 26, 2015 10:11 pm

Last week we gave the Chopad level of 19076 Bank Nifty did 3 target on downside and got stopped on upside. Lets analyze how to trade market in Expiry week as we have many index heavyweight declaring results. Bank Nifty Hourly Bank Nifty need to sustain above 4×1 line for bulls to act else 18400/18300… Read More »

Greek Lawmakers Clear The Way For Formal Bailout Discussions

By | July 23, 2015 10:44 am

As expected, the Greek parliament has approved a second set of prior measures, clearing the way for formal discussions on a third bailout program for the debt-stricken country. As Bloomberg notes, “several lawmakers of governing Syriza party, including Parliament Speaker Zoi Konstantopoulou, former deputy Finance Minister Nadia Valavani didn’t support bill.” As a reminder, Wednesday’s… Read More »