Thursday, February 26, 2015

Nifty Chart

First support at 8743 then it slip into 8691 , 8639

First resistance at 8790 then it will move up to 8810, 8884

Buy on DIP around 8743, 8691, 8639 with sl 8600(C) for 9084+

Intra may slip around buy level and bounce back for next month

Thursday, February 12, 2015


Change in Name of the Company
 Trading Members of the Exchange are hereby informed that the under-mentioned 
company have advised the Exchange about the change in its name. Accordingly, 
the SCRIP ID and ABBREVIATED NAME for BOLT Plus SYSTEM will be changed
 as follows w.e.f February 16, 2015.

Scrip Code
Existing Name
New Name
Scrip ID for BOLT Plus System
Abbreviated name on BOLT Plus System
Ybrant Digital Limited
Lycos Internet 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 undersigned on 022-22728892 /

Nifty Chart

Exactly yesterday took the resistance at 38.2% of the Swing 8065-8996 at 8641
and 38.2% of the swing 7961-8996 at 8600.

Yesterday Took a resistance and support EXACTLY on both swing.

Both side breakout will be issue for further move.

Above resistance first target 9030-9080.

Below support first target 8365-8356.


Monday, February 09, 2015

Nifty Chart

Bulls will try to hold and arrest the fall around 8360-8350
Why 8350 is very important ????????????

61.8% of the SWING 7961-8996 at 8356
TREND Line (from 4th FEB 14) Support 8367

So recovery will be possible from here up to 8700+

Nifty follow up

we shorted at 8965. and bought 8900PE

As per the breakout 8362 only TGT, that is also the 61.8% of the swing 8996-7961.
today first 134 down waiting for the TGT - check the chart published

Friday, February 06, 2015

Nifty Chart

Nifty exactly bounced from 78.6% swing 7961 - 8445 at 8064

yesterday closed below 161.8%

Trading intraday :
so Trade resistance at 8739-52, cmp-8711
so Trend resistance at 8769-74, cmp-8711

Positional S and R
Long swings 8678 act as a TREND SUPPORT
Negative Breakout 8793-8804 TREND RESISTANCE

Thursday, February 05, 2015


Why shorted at 8978 ?

Reason 1. Trend line from 1994 connect with previous high 6357 Exactly
issued projected target of 8978

Reason 2. Retracement of the swing in monthly CHART
: 261.8% of the swing 4514 - 6229 at 9003
1st TGT 138.2%  6884 [Actual high 6869]
2nd TGT 161.8% 7288 [Actual high 7563]
3rd TGT 261.8%  9003 [Actual high 8995]

NOW 138.2% of the SWING 279-6357 at 8678
key for the further down

Friday, January 30, 2015

Nifty Follow up

EXACTLY BOUNCED  from 8985 [expected 8978] to 8828

Thursday, January 22, 2015

Nifty Chart

 Expected short covering for 100 points above 8750

Monday, January 19, 2015

Nifty Chart

Closed above 8678 then TGT 8964

Still Hold Buy on dip policy with some minimum
targets.  i published 8678 TARGET on  
17th Dec-2014 itself.

TL from 29-Feb-94 connect the previous
high 6357 resistance at 8918 [as on date]
issued within 3 months 8978 (Possible projected 

Retracement Levels and Range 8678
                                              8739 -  8771
                                              8893 -  8918
                                              8932 -  8978

Monday, January 12, 2015

Nifty Chart

Nifty Trade Support 8247-8244 Resistance 8313-8319
Nifty Trend Support 8223-8221 Resistance 8345-8347

10 days MA and 50 days EMA at 8247-8240, So closing basis below 8240
will issue some selling pressure.  Already Hold the +ve breakout support
and Short term trend line support.

Long term Support line broken before a week and exactly returned
from 61.8% of the swing 7961-8626.  Candle size and the volume
at the time of support line broken provided the clue it will take
resistance at the -ve breakout trend Line.

Consolidation is possible with -ve bias.

Wednesday, January 07, 2015

Nifty follow-up

PERFECTLY bounced from trading support

Nifty Chart

Nifty Trade Support at 80065-8060 Resistance 8145-8150
Nifty Trend Support at 8035-8029 Resistance 8179-8183

8146 is 61.8% of the swing 7961-8445 
[above this level bounce back upto 8175+ ]

Every it is bounce back we should maintain short side till
it will close above 8220