>>> Nifty Hourly Chart <<<
>>> Click the chart to see on fulls screen <<<
7270 key resistance - If crosses - may try to fill the gap above as shown on chart. FnO Expiry / Rail & Union Budget may decide the trend. Cheers!!!
Monday, February 22, 2016
Key Resistance @ 7270
Dear All,
>>> Nifty Hourly Chart <<<
>>> Click the chart to see on fulls screen <<<
7270 key resistance - If crosses - may try to fill the gap above as shown on chart. FnO Expiry / Rail & Union Budget may decide the trend. Cheers!!!
>>> Nifty Hourly Chart <<<
>>> Click the chart to see on fulls screen <<<
7270 key resistance - If crosses - may try to fill the gap above as shown on chart. FnO Expiry / Rail & Union Budget may decide the trend. Cheers!!!
Saturday, February 20, 2016
Weekly Review - 22.02.2016
Dear All,
Markets gained over 3 per cent this week and made up for the losses incurred in the previous week due to value buying opportunity and positive global cues. Both the S&P BSE Sensex and the Nifty 50 regained psychologically important levels — the 23,000 level for the former and the 7,000 level for the latter.
Metal sector was the biggest gainer as People’s Bank of China set higher reference rate for the yuan against the dollar followed by value buying opportunity and stock-specific positive announcements in select public sector bank stocks.
Going ahead, markets are likely to remain volatile on account of the Budget session slated to begin from February 23 and expiry of derivative contracts.
Railway stocks as well as sectors relying on it, such as steel, cement, coal, iron ore and fertiliser, are likely to be in focus on account of the Railway Budget scheduled for February 25.
>>> Nifty Weekly Chart <<<
Price took support from 200 WMA. Last week Price almost near 50% of Previous Week Shows some positive momentum.
>>> Nifty Daily Chart <<<
Price may continue to rally, if RSI holds the break out as shown on chart.
>>> Nifty Hourly Chart <<<
7266 & 7366 acts as a Resistance. RSI on a IHS pattern. Above 7366 Price may zoom.
>>> Bank Nifty Weekly Chart <<<
Bank Nifty Weekly Chart - Got Support from 200 WMA.
>>> Bank Nifty Hourly Chart <<<
14590 & 14774 remains as a resistance for the current upmove.
>>> AdaniPort - Profit Booked <<<
We have booked profit on Adaniport for the second time with Rs. 17600/-
>>> DLF - Profit Booked <<<
Buy given @ 81 and Booked Profit @ 89 with a Good Profit of Rs.40,000/-
>>> Crompton Greaves - Profit Booked <<<
Buy given @ 122 and Booked Profit @ 133 with a Good Profit of Rs.33,000/-
>>> Performance till 19th Feb, 2016 <<<
For service queries to niftyforall@yahoo.com or whatsapp @ 9677924975
Markets gained over 3 per cent this week and made up for the losses incurred in the previous week due to value buying opportunity and positive global cues. Both the S&P BSE Sensex and the Nifty 50 regained psychologically important levels — the 23,000 level for the former and the 7,000 level for the latter.
Metal sector was the biggest gainer as People’s Bank of China set higher reference rate for the yuan against the dollar followed by value buying opportunity and stock-specific positive announcements in select public sector bank stocks.
Going ahead, markets are likely to remain volatile on account of the Budget session slated to begin from February 23 and expiry of derivative contracts.
Railway stocks as well as sectors relying on it, such as steel, cement, coal, iron ore and fertiliser, are likely to be in focus on account of the Railway Budget scheduled for February 25.
>>> Nifty Weekly Chart <<<
>>> Click the chart to see on full screen <<<
Price took support from 200 WMA. Last week Price almost near 50% of Previous Week Shows some positive momentum.
>>> Nifty Daily Chart <<<
>>> Click the chart to see on full screen <<<
Price may continue to rally, if RSI holds the break out as shown on chart.
>>> Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
7266 & 7366 acts as a Resistance. RSI on a IHS pattern. Above 7366 Price may zoom.
>>> Bank Nifty Weekly Chart <<<
>>> Click the chart to see on full screen <<<
Bank Nifty Weekly Chart - Got Support from 200 WMA.
>>> Bank Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
14590 & 14774 remains as a resistance for the current upmove.
>>> AdaniPort - Profit Booked <<<
>>> Click the chart to see on full screen <<<
We have booked profit on Adaniport for the second time with Rs. 17600/-
>>> DLF - Profit Booked <<<
>>> Click the chart to see on full screen <<<
Buy given @ 81 and Booked Profit @ 89 with a Good Profit of Rs.40,000/-
>>> Crompton Greaves - Profit Booked <<<
>>> Click the chart to see on full screen <<<
Buy given @ 122 and Booked Profit @ 133 with a Good Profit of Rs.33,000/-
>>> Performance till 19th Feb, 2016 <<<
>>> Click the chart to see on full screen <<<
For service queries to niftyforall@yahoo.com or whatsapp @ 9677924975
Thursday, February 18, 2016
Above 7215 - More Rally
Dear All,
>>> Nifty Hourly Chart <<<
Above 7215 - Expect more rally.
>>> CROMPGREAV - Profit Booked <<<
Booked Rs.33,000/- Profit or 11 Points today. As per above chart, if price able to sustain above the given channel - more rally possible. Cheers!!!!
>>> Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Above 7215 - Expect more rally.
>>> CROMPGREAV - Profit Booked <<<
>>> Click the chart to see on full screen <<<
Booked Rs.33,000/- Profit or 11 Points today. As per above chart, if price able to sustain above the given channel - more rally possible. Cheers!!!!
Wednesday, February 17, 2016
Resistance @ 7148. Support @ 6960 & 6940
Dear All,
>>> Nifty Hourly Chart <<<
Once again its a volatile session. Now Nifty faces resistance @ 7108 and 7148. Support @ 6960 & 6940. Lets wait for a Break on either side to decide. Cheers!!!
>>> Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Once again its a volatile session. Now Nifty faces resistance @ 7108 and 7148. Support @ 6960 & 6940. Lets wait for a Break on either side to decide. Cheers!!!
Tuesday, February 16, 2016
Key Support @ 7034
Dear All,
>>> Nifty Hourly Chart - Posted Yesterday <<<
Wrote Yesterday - as 7190 as a Key Resistance, See what happened.???
>>> Nifty Hourly Chart - Happened <<<
As wrote yesterday - Price resisted @ 7190 and started falling. Now the key support @ 7034 if breaks - may test 6995 & 6940 also. Lets wait and See. Cheers!!!
>>> Nifty Hourly Chart - Posted Yesterday <<<
>>> Click the chart to see on full screen <<<
Wrote Yesterday - as 7190 as a Key Resistance, See what happened.???
>>> Nifty Hourly Chart - Happened <<<
>>> Click the chart to see on full screen <<<
As wrote yesterday - Price resisted @ 7190 and started falling. Now the key support @ 7034 if breaks - may test 6995 & 6940 also. Lets wait and See. Cheers!!!
Monday, February 15, 2016
Key Resistance @ 7190
Dear All,
>>> Nifty Hourly - Posted on Hourly Chart <<<
Wrote on Weekly Review - We are Long. See what happened.
>>> Nifty Hourly - Happened - Booked Profit <<<
Nifty rallied as expected, Booked Near about 300-320 Profits.
>>> Axis Bank - Posted on Weekly Review <<<
Wrote on Weekly Review - Long on Axis Bank also. See what happened.
>>> Axis Bank - Profit Booked <<<
Profit Booked on Axis Bank @ 418 with a Profit of Rs.27000/-
>>> Adani Port - Posted on Weekly Review <<<
Wrote on Weekly Review - Have entered Adani Port for second time also. See what happened today.
>>> AdaniPort - Profit Booked <<<
Booked Profit near 188 with Rs.17600/-
>>> DLF - Profit Booked <<<
Made a Good Profit of Rs.40,000/- Cheers!!!
>>> Nifty Hourly - Posted on Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Wrote on Weekly Review - We are Long. See what happened.
>>> Nifty Hourly - Happened - Booked Profit <<<
>>> Click the chart to see on full screen <<<
Nifty rallied as expected, Booked Near about 300-320 Profits.
>>> Axis Bank - Posted on Weekly Review <<<
>>> Click the chart to see on full screen <<<
Wrote on Weekly Review - Long on Axis Bank also. See what happened.
>>> Axis Bank - Profit Booked <<<
>>> Click the chart to see on full screen <<<
Profit Booked on Axis Bank @ 418 with a Profit of Rs.27000/-
>>> Adani Port - Posted on Weekly Review <<<
>>> Click the chart to see on full screen <<<
Wrote on Weekly Review - Have entered Adani Port for second time also. See what happened today.
>>> AdaniPort - Profit Booked <<<
>>> Click the chart to see on full screen <<<
Booked Profit near 188 with Rs.17600/-
>>> DLF - Profit Booked <<<
>>> Click the chart to see on full screen <<<
Made a Good Profit of Rs.40,000/- Cheers!!!
Saturday, February 13, 2016
Weekly Review - 15.02.2016
Dear All,
Key benchmark indices suffered huge losses, mirroring a sharp decline in the global equities as participants remained jittery on worries of a global economic slowdown. Volatility in crude oil prices and weakness in corporate earnings continued to haunt investors, resulting in persistent capital outflows.
In the week ended February 12, markets recorded the biggest weekly percentage drop since July 2009. The S&P BSE Sensex tanked 1,631 points, or 6.6 per cent, to settle below 23,000, at 22,986.12 and the broader Nifty plunged 508 points, or 6.7 per cent, to settle below 7,000, at 6,981.
Overall weakness in corporate earnings, correction in crude oil prices, liquidity crunch, government paralysis, inability to pass any major reforms such as Goods and Services Tax (GST), a tough stance by the Reserve bank of India, especially at a time when the world economies are looking at negative interest rates, rising non-performing assets (NPAs) are some of the other major reasons to add to the misery of markets
Federal Reserve chairwoman in a testimony to Congress stated that a global economic turmoil and massive sell-off in global equity markets could spook the US economy. Back home, India’s gross domestic product (GDP) expanded at a slower pace of 7.3 per cent in the December quarter of the current financial year, compared to a 7.7 per cent growth recorded in the September quarter. However, the GDP growth projection for the current financial year has been revised to 7.6 per cent. But amid the massive sell-off in global equities, investors ignored the growth estimates.
On Monday, markets are likely to react to the Consumer Price Inflation for January and Industrial Production data for December released on Friday. Index of Industrial Production (IIP) contracted an annual 1.3 per cent in December. Meanwhile, annual consumer price inflation edged up to a 17-month high of 5.69 per cent in January, driven up by higher food costs, according to a government data showed on Friday. Data on inflation based on the Wholesale Price Index (WPI) for January is due to be released by the government on Monday.
>>> Nifty Daily Chart <<<
Friday trade - gave a Red Color Hanging man. Need to wait and Watch.
>>> Nifty Hourly Chart <<<
Earlier - We have exited our Long below 7180 and re-entered long near 6870. Looking for some more rally.
>>> Bank Nifty Daily Chart <<<
Entire market changed when bank nifty breaks below 14740-80. Now next Support around 13300.
>>> Bank Nifty Hourly Chart <<<
14180 & 14400 acts as a resistance, as we may see some relief rally on bank nifty also.
>>> AXISBANK - HOURLY - FOLLOW UP <<<
Booked Axis Bank Profit two times and re-entered again. Hope will rally again.
>>> ADANIPORT - Hourly Chart <<<
We have booked a Profit of Rs.12800 on Friday and re-entered again. Lets See.
>>> Performance till 12th Feb, 2016 <<<
Kindly send your queries about services to niftyforall@yahoo.com or whatsapp @ 9677924975
Key benchmark indices suffered huge losses, mirroring a sharp decline in the global equities as participants remained jittery on worries of a global economic slowdown. Volatility in crude oil prices and weakness in corporate earnings continued to haunt investors, resulting in persistent capital outflows.
In the week ended February 12, markets recorded the biggest weekly percentage drop since July 2009. The S&P BSE Sensex tanked 1,631 points, or 6.6 per cent, to settle below 23,000, at 22,986.12 and the broader Nifty plunged 508 points, or 6.7 per cent, to settle below 7,000, at 6,981.
Overall weakness in corporate earnings, correction in crude oil prices, liquidity crunch, government paralysis, inability to pass any major reforms such as Goods and Services Tax (GST), a tough stance by the Reserve bank of India, especially at a time when the world economies are looking at negative interest rates, rising non-performing assets (NPAs) are some of the other major reasons to add to the misery of markets
Federal Reserve chairwoman in a testimony to Congress stated that a global economic turmoil and massive sell-off in global equity markets could spook the US economy. Back home, India’s gross domestic product (GDP) expanded at a slower pace of 7.3 per cent in the December quarter of the current financial year, compared to a 7.7 per cent growth recorded in the September quarter. However, the GDP growth projection for the current financial year has been revised to 7.6 per cent. But amid the massive sell-off in global equities, investors ignored the growth estimates.
On Monday, markets are likely to react to the Consumer Price Inflation for January and Industrial Production data for December released on Friday. Index of Industrial Production (IIP) contracted an annual 1.3 per cent in December. Meanwhile, annual consumer price inflation edged up to a 17-month high of 5.69 per cent in January, driven up by higher food costs, according to a government data showed on Friday. Data on inflation based on the Wholesale Price Index (WPI) for January is due to be released by the government on Monday.
>>> Nifty Daily Chart <<<
>>> Click the chart to see on full screen <<<
Friday trade - gave a Red Color Hanging man. Need to wait and Watch.
>>> Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Earlier - We have exited our Long below 7180 and re-entered long near 6870. Looking for some more rally.
>>> Bank Nifty Daily Chart <<<
>>> Click the chart to see on full screen <<<
Entire market changed when bank nifty breaks below 14740-80. Now next Support around 13300.
>>> Bank Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
14180 & 14400 acts as a resistance, as we may see some relief rally on bank nifty also.
>>> AXISBANK - HOURLY - FOLLOW UP <<<
>>> Click the chart to see on full screen <<<
Booked Axis Bank Profit two times and re-entered again. Hope will rally again.
>>> ADANIPORT - Hourly Chart <<<
>>> Click the chart to see on full screen <<<
We have booked a Profit of Rs.12800 on Friday and re-entered again. Lets See.
>>> Performance till 12th Feb, 2016 <<<
>>> Click the image to see on full screen <<<
Kindly send your queries about services to niftyforall@yahoo.com or whatsapp @ 9677924975
Wednesday, February 10, 2016
Where is the Bottom ?!?!?!?
Dear All,
>>> Nifty Daily Chart <<<
7180 tested today. As per above chart, We had it as last support. Must hold for a recovery.
>>> Bank Nifty Daily Chart <<<
14570-80 Second Support must hold for a recovery.
>>> Bank Nifty Hourly Chart <<<
Bank Nifty Hourly on a Clear Positive Divergence, If holds - Expect a good Recovery. Will it happen ??? Lets Wait for tomorrow. Cheers!!!
>>> Nifty Daily Chart <<<
>>> Click the chart to see on full screen <<<
7180 tested today. As per above chart, We had it as last support. Must hold for a recovery.
>>> Bank Nifty Daily Chart <<<
>>> Click the chart to see on full screen <<<
14570-80 Second Support must hold for a recovery.
>>> Bank Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Bank Nifty Hourly on a Clear Positive Divergence, If holds - Expect a good Recovery. Will it happen ??? Lets Wait for tomorrow. Cheers!!!
Tuesday, February 09, 2016
Support @ 7260
Dear All,
>>> Nifty Hourly Chart <<<
Price almost near 7260, as per chart, if this ABC wave is not wrong, Expect U turn any time. Cheers!!!
>>> Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Price almost near 7260, as per chart, if this ABC wave is not wrong, Expect U turn any time. Cheers!!!
Monday, February 08, 2016
Below 7380-60 - Can test 7260
Dear All,
>>> Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Late Afternoon fall started - which breaks the channel. Tomorrow if breaks below 7358 more fall till 7260. Let's wait and watch. Cheers!!!
>>> AXISBANK - Hourly Chart - Posted on Weekly Review <<<
>>> Click the chart to see on full screen <<<
Wrote on Weekly Review - Price to rally above 404. See what happened.
>>> AXISBANK - Happened <<<
>>> Click the chart to see on full screen <<<
Almost a Profit of Rs.27000/- on our second entry on Axis Bank. Cheers!!!
Sunday, February 07, 2016
Weekly Review - 08.02.2016
Dear All,
Last Week :-
The Reserve Bank of India in its sixth bi-monthly monetary policy review maintained status quo on interest rates, with the repo rate kept unchanged at 6.75 per cent and the cash reserve ratio (CRR) unaltered at four per cent. The central bank stated that further rate cuts will depend on reform measures announced in the Union Budget 2016 to be announced on February 29.
On the macroeconomic front, India’s manufacturing data for January expanded to a four-month high, while Services PMI hit a 19-month high, thus showing revival in the sector, seasonally adjusted Nikkei India Manufacturing Purchasing Managers' Index and Nikkei India services purchasing managers' index showed.
Crude oil ended the week lower, snapping two weeks of gains, ahead of the crucial meet between the Opec and non-Opec countries to tackle the supply glut issue.
Week Ahead :-
On Monday, February 8, the market would react to gross domestic product (GDP) data for the quarter ended December 2015. GDP rose 7.4 per cent for the second quarter of financial year 2015-16.
India Ratings and Research (Ind-Ra) in a report said the economy was expected to grow 7.6 per cent in the October-December quarter - which is the fastest pace of expansion in five quarters.
Industrial production data for December, 2015 and CPI data for January will be released on Friday, February 12. Industrial production declined 3.2 per cent in November, 2015, over the year-ago period.
Going into the next week, macroeconomic data, global market trends, investments by foreign institutional investors (FIIs), rupee movement against the dollar and crude price movement will dictate market trends
In the coming week, market participants will eye GDP data on Monday and CPI and IIP data on Friday.
Chinese markets will be closed next week on account of the Lunar New Year.
>>> Nifty Weekly Chart <<<
A red coloured Hanging man - shows indecision. Next Week Range between 7350 to 7600 to decide.
>>> Nifty Daily Chart <<<
RSI almost on the verge of Break Out, Price need to break above the trend line for a healthy upmove.
>>> Nifty Hourly Chart <<<
Key Resistance @ 7505, 7530 & 7545 should be crossed before 7605.
>>> Bank Nifty Daily Chart <<<
Bullish Candle on Bank Nifty Chart - Shows - it can change the entire market to bullish next week.
>>> Bank Nifty Hourly Chart <<<
RSI on a Break out, Price need to cross and hold above 50 and 100 hma for a good rally.
>>> Axis Bank - Follow Up <<<
Have Re-entered Axis Bank again. Key Resistance 404, If crosses, More rally on card.
>>> AdaniEnt - Follow Up <<<
Holding Long in Adani Ent. Waiting for Trend line break out to rally.
>>> SIEMENS - Hourly Chart - Long <<<
Break out from the wedge. We are Long. Lets Wait and See. Cheers!!!
Send all your service related queries to niftyforall@yahoo.com or whatsapp at 9677924975
Last Week :-
The Reserve Bank of India in its sixth bi-monthly monetary policy review maintained status quo on interest rates, with the repo rate kept unchanged at 6.75 per cent and the cash reserve ratio (CRR) unaltered at four per cent. The central bank stated that further rate cuts will depend on reform measures announced in the Union Budget 2016 to be announced on February 29.
On the macroeconomic front, India’s manufacturing data for January expanded to a four-month high, while Services PMI hit a 19-month high, thus showing revival in the sector, seasonally adjusted Nikkei India Manufacturing Purchasing Managers' Index and Nikkei India services purchasing managers' index showed.
Crude oil ended the week lower, snapping two weeks of gains, ahead of the crucial meet between the Opec and non-Opec countries to tackle the supply glut issue.
Week Ahead :-
On Monday, February 8, the market would react to gross domestic product (GDP) data for the quarter ended December 2015. GDP rose 7.4 per cent for the second quarter of financial year 2015-16.
India Ratings and Research (Ind-Ra) in a report said the economy was expected to grow 7.6 per cent in the October-December quarter - which is the fastest pace of expansion in five quarters.
Industrial production data for December, 2015 and CPI data for January will be released on Friday, February 12. Industrial production declined 3.2 per cent in November, 2015, over the year-ago period.
Going into the next week, macroeconomic data, global market trends, investments by foreign institutional investors (FIIs), rupee movement against the dollar and crude price movement will dictate market trends
In the coming week, market participants will eye GDP data on Monday and CPI and IIP data on Friday.
Chinese markets will be closed next week on account of the Lunar New Year.
>>> Nifty Weekly Chart <<<
>>> click the chart to see on fulls screen <<<
A red coloured Hanging man - shows indecision. Next Week Range between 7350 to 7600 to decide.
>>> Nifty Daily Chart <<<
>>> click the chart to see on fulls screen <<<
RSI almost on the verge of Break Out, Price need to break above the trend line for a healthy upmove.
>>> Nifty Hourly Chart <<<
>>> click the chart to see on fulls screen <<<
Key Resistance @ 7505, 7530 & 7545 should be crossed before 7605.
>>> Bank Nifty Daily Chart <<<
>>> click the chart to see on fulls screen <<<
Bullish Candle on Bank Nifty Chart - Shows - it can change the entire market to bullish next week.
>>> Bank Nifty Hourly Chart <<<
>>> click the chart to see on fulls screen <<<
RSI on a Break out, Price need to cross and hold above 50 and 100 hma for a good rally.
>>> Axis Bank - Follow Up <<<
>>> click the chart to see on fulls screen <<<
Have Re-entered Axis Bank again. Key Resistance 404, If crosses, More rally on card.
>>> AdaniEnt - Follow Up <<<
>>> click the chart to see on fulls screen <<<
Holding Long in Adani Ent. Waiting for Trend line break out to rally.
>>> SIEMENS - Hourly Chart - Long <<<
>>> click the chart to see on fulls screen <<<
Break out from the wedge. We are Long. Lets Wait and See. Cheers!!!
Thursday, February 04, 2016
Good Support @ 7338-40
Dear All,
>>> Nifty Hourly Chart <<<
Making more complicated with last down wave, 7370 or 7340 must support bulls.
>>> Bank Nifty Hourly Chart <<<
Watch 14740 or 14650 for support to bulls as per above chart. Lets wait and see. Cheers!!!
>>> Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Making more complicated with last down wave, 7370 or 7340 must support bulls.
>>> Bank Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Watch 14740 or 14650 for support to bulls as per above chart. Lets wait and see. Cheers!!!
Subscribe to:
Posts (Atom)