Showing posts with label NSE. NIFTY. Show all posts
Showing posts with label NSE. NIFTY. Show all posts

February 23, 2016

NSE Update: 22 Feb 2016



In my last post dated 20 Jan 2016, I shared the weekly charts with you all. Today is the daily chart. 

Support: 6861
Resistance: 7242, 7419,7540,7640, 7725, 7935

Last one month had been very volatile. The indices are playing with the emotions, my for sure :) It continue to respect the support levels and resistance levels. I don't foresee markets reaching new highs in the near future but this is the best time to take a buying dip. If you are afraid of volatility be more afraid of falling debt returns and its impact on your long-term goals.

Note: The above is not a research report but information as available on public domain and it should not be treated as a research report. Any information discussed on the blog is for information purpose  only. People are themselves responsible for any profit/loss arising on trading on such information.

Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”

Disclosure: It is safe to assume that I have the stock in my portfolio/trading position and hence my point of view will be biased. Readers should consult their financial advisory before any investments.

Warning: Stock trading is high risk activity and can lead to loss of up to 100% of invested capital.

January 21, 2016

NSE NIFTY Update: 20 Jan 2016


In my last post dated 17 Jan 2016, I shared the monthly charts with you all. Today is the weekly chart. The good news is we are having a free falls as indicated by the charts.

Support: 7242, 6861
Resistance: 7419,7540,7640, 7725, 7935

Note: The above is not a research report but information as available on public domain and it should not be treated as a research report. Any information discussed on the blog is for information purpose  only. People are themselves responsible for any profit/loss arising on trading on such information.

Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”

Disclosure: It is safe to assume that I have the stock in my portfolio/trading position and hence my point of view will be biased. Readers should consult their financial advisory before any investments.

Warning: Stock trading is high risk activity and can lead to loss of up to 100% of invested capital.

January 28, 2014

NSE NIFTY 27 JAN 2014


Market could not sustain the life time highs but does it mean its the end of the bull market? Not exactly

Will be interesting to see the movement of NIFTY for next couple of days.. brace yourself for the very volatile period ahead.

Happy investing

January 17, 2014

NSE update 16-Jan-14


NSE NIFTY Weekly charts suggest we are nearing long term trend line.

Can we break it this time decisively? Will depend heavily on the market reaction on results of TCS (will it lead to profit booking as every time?) and Reliance: results are due today.

Most of the stocks are having very negative charts, other than the IT counters.

Will be interesting to see for how long nifty will keep on testing higher levels with support from just one sector ie IT

Happy investing

Disclaimer: I don't have any open position in NIFTY Futures or Options