Friday, March 27, 2015

Nifty Analysis

8403 act as a stiff resistance once close above that then possible for 8677-8730
otherwise first target 8208-8193

Thursday, March 19, 2015

Nifty Chart

Strong short term support line break on 13th Mar 2015
So negative breakout trend line strong resistance 8824
Fibonacci Resistance of the small swing at  8805

So close above 8805 will be +ve upto 8925 and 9010+

wait and watch

Wednesday, March 18, 2015

Nifty Analysis

Actual bounce back support at 8560

Small hurdles for Bulls at 8814-8825

once crossed then Min TGT 9209 with retracement levels 8929 and 9067

Wednesday, March 11, 2015

Nifty Chart


Yesterdays Low  and support 8677 Took exactly at 138.2% of the swing 2252-6357

161.8% of the swing 7961-8445 at 8744

So band between 8744-8677 is the range for one or two days

once break up side then min target 8943-9011

Tuesday, March 10, 2015

Nifty Chart

Support 8744-8731
Resistance 8789-8805

Bulls will take the chart above 8825 up to 8885-8913

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