Nifty Chart

After a rise of 7911 to 8828+ consolidation happened to cool of RSI from OBZ to OSZ
only by 100 points from 8821 to 8721.  RSI already OSZ. So pain me be 1-2 days to bulls. Any +ve
divergence to take off Nifty to break 8847 zone for 8888-8927-8990.

Nifty Chart - 8770 and 8840 act as a stiff resistance for short covering. 8721-8690 good support. Already OSZ will issue some buying pressure to bulls, Almost looks like Hidden divergence in hourly chart. so any +ve divergence will issue good bounce back to get strength to break the stiff resistance. Pain to bulls for 2-3 days. Resistance break with god volume will be good for Bulls - Happy trading wait and watch.

Modi Udyog

Trading Members of the Exchange are hereby informed that the under-mentioned Companies have 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 February 17, 2017.

 

Scrip Code	Existing Name	New Name	Scrip ID for BOLT Plus System	Abbreviated name on BOLT Plus System
539007	Modi Udyog Limited	Pincon Lifestyle Limited	PINCONLIFE	PINCONLIFE
532887	Sujana Towers Limited	Neueon Towers Limited	NTL	NTL
513414	Sujana Metal Products Limited	Splendid Metal Products Limited	*SMPL	*SMPL
538607	Ojas Asset Reconstruction Company Limited	Toyam Industries Limited	TOYAMIND	TOYAMIND

 

*There is no change in the SCRIP ID & Abbreviated Name for Bolt System

 

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 Mr. Prasad Bhide on 022-22728388.