Monday, February 27, 2017

Nifty Chart

Breakout Support 8923
EW resistance 8966
Down side supports from 8966
8923 - 8890 - 8810

Negative divergence in Hourly chart issue the Selling 
pressure to reach 8905 so next support at 8896-90

Wednesday, February 22, 2017

Geogit BNP

Change in Name of the Companies.

Trading Members of the Exchange are hereby informed that the under-mentioned Companies have informed the Exchange about the change in its name. Accordingly, the SCRIP ID and ABBREVIATED NAME of the Companies for BOLT Plus SYSTEM will be changed as follows w.e.f March 01, 2017.

Scrip Code
Existing Name
New Name
Scrip ID for BOLT Plus System
Abbreviated name on BOLT Plus System
Geojit Bnp Paribas Financial Services Limited
Geojit Financial Services Limited
Vidhi Dyestuffs Manufacturing Limited
Vidhi Specialty Food Ingredients Limited

Trading Members may please note that the share certificates not corrected with the new name of the company will also be good delivery in the market.
In case, Trading Members require any clarification on the subject matter of the Notice, they may please contact the Mr. Prasad Bhide on 022-22728388.
Mangesh Tayde
Senior Manager
February 22, 2017

Thursday, February 16, 2017

Nifty Chart

After a rise of 7911 to 8828+ consolidation happened to cool of RSI from OBZ to OSZ
only by 100 points from 8821 to 8721.  RSI already OSZ. So pain me be 1-2 days to bulls. Any +ve
divergence to take off Nifty to break 8847 zone for 8888-8927-8990.

Nifty Chart - 8770 and 8840 act as a stiff resistance for short covering. 8721-8690 good support. Already OSZ will issue some buying pressure to bulls, Almost looks like Hidden divergence in hourly chart. so any +ve divergence will issue good bounce back to get strength to break the stiff resistance. Pain to bulls for 2-3 days. Resistance break with god volume will be good for Bulls - Happy trading wait and watch.