Sunday, February 26, 2017

Weekly Review - 27th Feb, 2017

Dear All,


Overseas investors have pumped in over Rs 14,600 crore into the Indian capital markets this month so far, enthused by clarity on FPI taxation. The latest inflow followed a net pullout of Rs 80,310 crore from equity and debt together in the past four months (October-January). Prior to that, FPIs had invested over Rs 20,000 crore in the capital market in September 2016.

According to depository data, foreign portfolio investors (FPIs) infused a net sum of Rs 9,359 crore in equities during February 1-23 and another Rs 5,279 crore in the debt segment, translating into a total inflow of Rs 14,638 crore.

>>> Nifty Daily Chart - Posted Last Weekly Review <<<

>>> Click the chart to see on fulls screen <<<

Wrote last weekly review - 8890 and 8940 - resistance - above rally may continue.

>>> Nifty Daily Chart <<<

>>> Click the chart to see on fulls screen <<<

Price tested 8980.

>>> Nifty Hourly Chart <<<

>>> Click the chart to see on fulls screen <<<

Price completed 1-5 rally, tested 8980.

>>> Bank Nifty Daily Chart <<<

>>> Click the chart to see on fulls screen <<<

As mentioned last weekly review also - bank nifty possibly completed 1-5 rally as shown above, may face resistance @ 21040 & 21080 on the higher side.

>>>Bank Nifty Hourly Chart <<<

>>> Click the chart to see on fulls screen <<<

21040 & 21080 to remain as an important resistance.

>>> CNX-IT Daily Chart - Posted on 21st Feb, 2017 - Shorted <<<

>>> Click the chart to see on fulls screen <<<

Posted on 21st feb, Price may correct and we have shorted also.


>>> CNX-IT Daily Chart - Holding Short <<<

>>> Click the chart to see on fulls screen <<<

We are holding short still for a good correction.

>>> Performance for the month end of Feb, 2017 <<<

>>> Click the image to see on fulls screen <<<

Above performance is not a Promise or guarantee for the given Profits or Loss.Performance given based on 1 lot at a time and clients Profit differ as per the margin availability and Number of Lots taken by them. We may or may not re-enter the Calls given here hit Stop Loss, as per market movement. The charts given above are just for educational purpose only and we don't recommend any Entry / Buy or Exit / Sell. Reader must taken their own decision or consult their qualified Analyst before making any decision