Friday, June 21, 2013

Buy Nifty





Position : Nil

CMP-5655
Nifty Trade Support 5644-5640 Resistance 5683-5690
Nifty Trend Support 5580-5573 Resistance 5719-5727

Technical Details : 
Trend Line Support at 5623
Previous EW High at 5629
78.6% of 5477-6229 is at 5637 [bounce back area 5637-5600]
38.2% of 4531-6229 is at 5580 

Risk Takers Buy Nifty around 5637-5600 with sl 5550(Closing Basis) qty-500
Without Risk Buy Nifty  around 5590-5570 with sl 5550(Closing Basis) qty-1000


Thursday, June 20, 2013

Nifty Chart

Position : Nil

Nifty Trade Support 5777-5769 Resistance 5849-5854
Nifty Trend Support 5730-5723 Resistance 5904-5910

Nifty will take time to store on support, wait and watch to buy around 5690-5650

Wednesday, June 19, 2013

Future Retail Vakrangee

Trading members of the Exchange are hereby informed that following replacements shall be made in the below mentioned indices:

·         Vide Notice No. 20130613-25 dated June 13, 2013 Future Retail Ltd. (BSE Code: 523574) shall start trading Ex-entitlement basis w.e.f June 21, 2013 on account of Scheme of Arrangement. And it is part of S&P BSE 500, S&P BSE 200 and S&P BSE MIDCAP Index

·         Vide Notice No. 20130613-24 Future Ventures India Ltd (BSE Code 533400) shall go into No Dealing Status w.e.f. June 21, 2013 on account of Scheme of Arrangement. And it is part of S&P BSE 500 and S&P BSE SMALL CAP Index.

As per the BSE Index Policy following changes shall be carried out:

INDEX
NAME
EXCLUSIONS
INCLUSIONS
EFFECTIVE DATE
BSE STOCK CODE
NAME
BSE STOCK CODE
NAME
FREE FLOAT FACTOR
S&P BSE 200
523574
Future Retail Ltd
511431
Vakrangee Softwares Ltd.
0.70
21-June-2013
S&P BSE 500
523574
Future Retail Ltd
519273
Unno Industries Ltd.
0.8
21-June-2013
S&P BSE MIDCAP
523574
Future Retail Ltd
No Inclusion
21-June-2013
S&P BSE 500
533400
Future Ventures India Ltd
512379
Cressanda Solutions Limited
0.50
21-June-2013
S&P BSE SMALLCAP
533400
Future Ventures India Ltd
No Inclusion
21-June-2013

Buy Nifty

Position : Nil

Nifty Trade Support 5792-5788 Resistance 5824-5833
Nifty Trend Support 5757-5746 Resistance 5859-5866

Technical Details :

Close above 5800
Positive Breakout trend line support around 5750.

Buy Nifty around 5766-5750 with sl 5690(C)

Monday, June 17, 2013

Buy Nifty

Position : NIL

Nifty Trade Support 5792-5788 Resistance 5824-5833
Nifty Trend Support 5766-5760 Resistance 5859-5866

Technical Details :

Negative Breakout trend exactly took the resistance yesterday @ 5824-5833.
Expected short covering above yesterdays high 5819.
Positive Breakout trend line support around 5777-5764.

Buy Nifty around 5766-5750 with sl 5690(C)