Nifty

#166 Nifty Update: "Booster on Nifty"

As gamers would be aware of a Booster button in NFS, same is the case on Nifty currently. After a whooping volatile session in the month of August when nifty managed to closed at 5285, it has since gave a non-stop trading close at 5913 today. RBI says reserve money has increased YoY against the …

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Nifty

#165 Nifty Update

 Nifty has closed above a strong resistance level of 5724 today. Our target was 5769 as we expected on 4th September 2013. Technically it has closed a way above 100 EMA and 200 EMA. Now markets are in a   strong bull run. Now we can expect a high volatile sessions upto 17th and 18th Sept when we have bank …

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Agri Commodities

#2 Soyabean Update: closed at 3367

On 7th Sept, i initiated a Short call on Soyabean near to 3512 and 3386 was the first tgt. Today it closed below 100 EMA which as at 3386 and my first tgt has been achieved. Next support could be at 50 EMA at 3288. But chances are that market would take strong support at 3190. …

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Agri Commodities

#2 Dhaniya Update: closes below strong support

Dhaniya saw 100 points fall today to close at 5730. Yesterday we recommended to short dhaniya with near term support at 5743. Today it has closed below tht support comfortably to confirm short term weakness in near term. Indicators have turned completely bearish. Still have the Sl at 5993 as its a volatile comnodity. Next …

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Nifty

#1 Soya Bean Update

SoyaBean Indore Ncdex has seen some straight vertical upside move from 2872-3703. It resisted near to a downward sloping resistance line. Currently it is trading below 100 DMA which is at 3553 i.e., it suggest a weak trend below the said level. Today SoyaBean is trading below short term moving averages adding a weak trend …

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Nifty

#164 Nifty Update: 5606 on Nifty achieved!!!

Nifty has shown some consistent upside move after new RBI governor took off 3 days back. In my post of 4th Sept i did mention to go long on nifty with two near term tgts of 5606 and 5769. Today we have got a closing tgt of 5606. Now gates have opened for 5769 for …

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Agri Commodities

#1 Dhaniya Update: Outlook

Dhaniya (Oct) NCDEX closed negatively today at 5830 (-164). Dhaniya had a non stop run from 5182-6116. Today it has closed below short term moving averages and now it has a near term support of 50 day Moving average at 5743. But today we have seen huge volumes with increasing open interest at low prices. …

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Nifty

#2 Global Update: Whats NOW on DOW ??

Yesterday DOW took strong support and close above 14833 which i mentioned as a strong technical level. Indicators are still dicey but trendline support has been taken by the Index. Short term moving averages are near by and we expect DOW to be range bound. Few near by resistances are at 15047,15127 and 15227. DOW …

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Global US

#1 Global Update: DOW would be the next COW

DOW has been in the continuous uptrend since quit some time and it has been overbought zone since long. Technically on Monday it gave a perfect Bearish Engulfing close to sign a start of a near term downtrend. Yesterdays close at 14833 was at the strong support zone. A negative close today opens the gate …

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Nifty

#163 Nifty Update: "Grand Masti" already released on NSE/BSE

Grand Masti (a Bollywood Movie) is about to release next week but it has been already released on NSE an d BSE..Hahahaha.. Just kidding..But the volatility in last 8 session has been such that “Ki woh Traders ki Masti Kar Rahe Hai”. 75-150 points volatility on Nifty has been common in these mentioned session. But …

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