Nifty Chart

yesterdays statement   " 8100 is the key for down side tgt 8000."

                                                                ACTUAL/EXACT LOW 8105.

swing at 8200+.  So, consolidation/retracement profit booking possible. 

                                                             ACTUAL/EXACT HIGH - 8196, 
Retracement/Profit Booking Happened. [negative Closing]

Range bound  for 8100-8200,  Oscillators are at oversold with negative divergence
implies profit booking/retracement/consolidation.  Regular RSI holds above 50 in hourly
chart.  Daily at 57.[not crossed 60]  so 50-60 means always some consolidation happened.

Hourly Chart Negative divergence in RSI implies  some consolidation.

Raunag International

Change in Name of the Company   Content

Trading Members of the Exchange are hereby informed that the under-mentioned Company has  informed the Exchange about the Change in its name. Accordingly, the SCRIP ID and  ABBREVIATED NAME of the Company for BOLT Plus SYSTEM will be changed as follows  w.e.f Wednesday, October 14, 2015   Scrip Code Existing Name New Name Scrip ID for BOLT Plus System Abbreviated name on BOLT Plus System 537840 Raunaq International Limited Raunaq EPC International Limited RAUNAQEPC RAUNAQEPC    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. Niyati Doshi on 022-22725175/8550/8995         Bhushan Mokashi                                                                                           Niyati Doshi Dy. General Manager                                                                                     Asst. Manager October 08, 2015

Nifty Chart

Bullish Expanding wedge, lower tops trend line coincide with
negative breakout trend line at 8400+.   Small swing's 8654-7539
61.8% at 8228 and 78.6% at 8416. regular RSI above 60
indicate small bullishness.

8100 is the key for down side tgt 8000.  and 8250
is the key level for upside 8350++.  So both side tgts around 100 points.

As per EW tgt line coincide with 61.8% of the above mentioned
swing at 8200+.  So, consolidation/retracement profit booking possible.

Consecutive closing positive for further 2-3 days is also good for GT line.