Friday, January 17, 2014

Nifty Chart

Nifty Trade Support 6285-6279 Resistance 6323-6329
Nifty Trend Support 6233-6230 Resistance 6346-6353

Consolidated.  Each time negative divergence momentum gives
you some clue.  Wait and watch.

Thursday, January 16, 2014

The Andhra Pradesh Paper

Change in Name of the Company
Content

Trading Members of the Exchange are hereby informed that the under-mentioned company has advised the Exchange about the change in its name. Accordingly, the SCRIP ID and ABBREVIATED NAME for BOLT SYSTEM will be changed as follows w.e.f January 21, 2014.
 
 

Scrip Code
Existing Name
New Name
Scrip ID for BOLT System
Abbreviated name on BOLT System
502330
The Andhra Pradesh Paper Mills Limited
International Paper APPM Limited
IPAPPM
IPAPPM

 
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 under-mentioned officials
 

Name of the Officer
Contact details
Prasad Bhide
022-22728388
prasad.bhide@bseindia.com

 

Nifty Chart

Nifty Trade Support 6310-6306 Resistance 6332-6339
Nifty Trend Support 6288-6281 Resistance 6355-6361

1. 3/11/2013 high 6342                        
2. 5/11/2010 high 6338
3. 2/01/2014 high 6358                      
4. EW Tgt line at 6355
5. 161.8% of 5972-6212 @ 6360

Each time high was not sustained, & free fall from high in short term.
Resistance range from 6342-6360.  Negative divergence in hourly
chart with Stoch-RSI, William's R average and indicator at OBZ.
So, wait and watch for suitable time to enter short position.
Once sustained above that on closing basis, then target 6436.


Wednesday, January 15, 2014

Nifty Chart

Nifty at resistance

Nifty Chart

Nifty Trade S 6227-6221 R 6267-6271
Nifty Trend S 6175-6170 R 6287-6295