High volatile on Index - The Nifty ended below psychological 8,700-mark on the last day of February series expiry as traders booked profits ahead of the annual Budget.
The February derivative contracts which expired today recorded the highest turnover in the F&O segment at Rs 5.81 lakh crore. "On provisional basis have seen Rollover of 78% in Nifty futures compare 76.52% of Total rollover of Jan series. Rollovers are better than than past six month average.
Meanwhile, global rating agency Standard & Poor's increased India's growth forecasts going forward to reflect a recent change in how gross domestic product is calculated by the government, and said the economy should be a "bright spot" in Asia.
Standard & Poor's increased its GDP growth forecast for India to 7.9% from 6.2% for the financial year 2015-16, on the back of higher investments and subdued oil prices.
>>> Nifty - Hourly <<<
>>> Click the chart to see on full screen <<<
Counts are little changed. Support @ 8665.
>>> Bank Nifty - Hourly <<<
>>> Click the chart to see on full screen <<<Support @ 18475.
>>> Grasim - As Posted on 12th Feb, 2015 <<<
>>> Click the chart to see on full screen <<<As posted earlier also, We have re-entered Short on Grasim @ 3860 on 12th Feb, 2015. See what happened.
>>> Grasim - Happened <<<
>>> Click the chart to see on full screen <<<Book Full Profit below 3600. Cheers!!!
