Nifty

Relief Rally gets a kick-off: Nifty: 7948

Expiry was better of in volatility than all expected after the first three sessions of this week. Nifty, after mondays fall, continued its sell off on Tuesday and Wednesday as Brokers raised Hair cut on margin stocks to 70% which forced traders to square off its leverage Derivative positions. But on Thursday we say sustained …

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Nifty

Nifty 7880 (+71): A relief rally

Am sure today many of them would have lost atleast some or part of the wealth though market ended in +ve territory. Since i entered the financial markets had never witnessed such a wide range of volatility on Nifty. But technically, Nifty took support exactly at the 100 Weekly average (dotted line in graph) at …

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Nifty

Opening: Nifty: 7895 (+86)Still in ICU

We saw some biggest fall in terms of points yesterday due to global trends. It is Known as Black Monday for the traders. Today we are witnessing some pull back which would resist around 8300 and i expect short covering by expiry. Though overall medium term outlook is still bearish and we could see 7470-7500 …

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Nifty

Closing: Long Wait failed: Nifty 8299 (-72)

Morning wasnt good enough as we saw a gap down opening due to global factors. All the frontline stocks had opened almost -2% down but the few good one recovered. Leading the recovery was the most promising defensive sectors Pharma and IT. Those sectors always protect long traders in such situations. Infosys and TechM managed …

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Nifty

Opening: Screaming Traders: Nifty 8305 (-67)

Greece prime minister resigning and weak PMI Chinese numbers have given our asian peers a red mark on D-Street. Nifty too is opening with the mark which would leave our traders with a Scream and shock. Overall Indian markets are not concerned with that global news but rather domestic concerns like GSTBIll/LandBill/Weaknening rupee/Monsoon deficit. So …

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Nifty

Closing: Burning Money: Nifty:8372 (-122)

Am sure many of them have burned their pockets and profit today but i had been recommending to hedge positions since a bit long. Nifty has been near crucial level of 8350 below which 7600 gates opened. Banks and specially Mid-cap PSU banks were the most beaten. Overall markets seems to be gettting weak from …

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Nifty

FUEL SECTOR TO DRIVE MARKETS:-

The Oil and Gas sector is very important part among all the sectors. The Oil and Gas sector has to be developed in order to meet the demands. Government to focus on improving direct transfer of subsidy to poor sections thereby reduce the overall subsidy burden and there will be a ray of light of …

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Nifty

#214 Nifty Update: Some rains on the charts

Deficit monsoon has been a matter of worry for investor but some relief has been seen in the last week in some parts of India. On nifty too we saw some rain of relief for the bulls in the last few sessions. On the 14th July i did post our strategy which was going long …

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