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Saturday, 14 February 2015

Ambuja from 250 to 265

Below is the chart sent to clients :



AMBUJA yesterday kissed 266 and 

260CE reco to positional option clients moved from 4 to 10 




Tuesday, 3 February 2015

Nifty likely to bounce 60-70 points ??



Below is daily chart of Nifty Fut!!
Internal trendline small support around closing levels!!






Sunday, 1 February 2015

NIFTY: Where is support??

As expected NIFTY finally cracked on Friday , falling around 150 points to 8808.

We are clearly indicating that 8965 was final target and can reverse from there 


It hit 8965 and over shot towards 9000 in a highly volatile and quick move and then came down to close lower, giving an indication that rally is showing exhaustion.This was a confirmation to sell.

Now below chart shows support for Nifty and logical targets. real weakness or need to worry only if breaches 8500-8400, Above these levels one must keep buying good stocks on dips.