Thursday, June 25, 2015

Nifty Chart


Morning session managed above 8390 (9119-7940's 38.2% at 8390) and tried to
breakout the lower top trend line upto 3.10 PM.  After break 8408 free fall up to 8338.

Now Lower Top trend line resistance 8400 will act as a stiff resistance.

Today's expiry will provide volatility from 8290-8390


NV20

NSE send circular last day. Launching New index named
NV20 (containing top 20 companies).. and this will be
listed in f&o segment from 22nd June.. expecting huge
volumes in this index future in coming months..
watch out...
NV20 Stock
ACC
AXISBANK
BAJAJ-AUTO
BANKBARODA
BHEL
BPCL
GAIL
HEROMOTOCO
HINDUNILVR
ICICIBANK
INFY
M&M
NMDC
NTPC
ONGC
PNB
RELIANCE
SBIN
TCS
TATASTEEL

Wednesday, June 24, 2015

Nifty Chart

wait and watch for breakout above 8445 minimum for the target 8490-8500
closeabove 8400 will bring some short covering upto 8445 then 8500.

Tuesday, June 23, 2015

Reliance Jio Infocomm

Change in Name of the Companies
Content

Trading Members of the Exchange are hereby informed that the under-mentioned
 Companies has 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 29th June 2015

Scrip Code
Existing Name
New Name
Scrip ID for BOLT Plus System
Abbreviated name on BOLT Plus System
521131
Anjani Dham Industries Limited
Shree Bhavya Fabrics Limited
SBFL
SBFL
946839
Infotel Broadband Services Limited
Reliance Jio Infocomm Limited
RJIL15SEP10
RJIL15SEP10
946866
Infotel Broadband Services Limited
Reliance Jio Infocomm Limited
RJIL04OCT10
RJIL04OCT10

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 Ms. Sapna on 022-22728550 / intern.sapna@bseindia.com
Bhushan Mokashi                                                                                           Niyati Doshi
Dy. General Manager                                                                                    Asst. Manager
June 23, 2015

Nifty Chart


EXACTLY closed at yesterdays predicted resistance 8353, so today's closing must be important for
further move.

Close exactly around the positive breakout neck line.

8387-8394 Trade resistance
8438-8441 Trend Resistance

8330-8326 Trade Support
8305-8296 Trend Support

Closing Basis R 8470
Closing basis S 8270

Monday, June 22, 2015

Nifty Chart


As mentioned +ve divergence reflect on FRIDAY with +50 points.
Now neck line of 8350 on closing will be tough for both bear and bulls.

Close above 8350 for 3 consecutive days will be +ve for 8593+.  otherwise
it will consolidate between 8200-8350.

Only because of some profit booking, it will hold around 8350
[from 7940 to 8350=310 points] otherwise minimum target of 8593 straight.

check the above chart published on 7th may 2015 with the heading
expected move.  Exactly from the day cash nifty touched 7940 till
+ve move. from 7940 up to 8250.  (Exactly swing low 8269).