Monthly Archives: February 2017

Bank Nifty continue to trade below 20750,EOD Analysis

By | February 28, 2017 10:53 pm

As discussed in Last Analysis  Bank Nifty finally broke 20750 and made low of 20585, till we trade below 20750 we can see move towards 20500/20300 where the support lies as seen in below chart. Bullish only on close above 20800 for a move towards 21000/212000. Bank Nifty continued to trade below 20750, made low of… Read More »

Five Tech Markets to Watch Out For

By | February 28, 2017 2:22 pm

Technology is without a doubt the most important part of societal and humanitarian advancement. It evolves each and every day. Some of the biggest technological developments are changing the way we communicate, think, and play. Whether we like it or not, we live in a world of technology.   In 2017, we will continue to… Read More »

Nifty ready for trending move, EOD Analysis

By | February 28, 2017 9:02 am

FII’s sold 2.4 K contract of Index Future worth 156 cores , 2.5 K Long contract were liquidated by FII’s and 33 short contracts were liquidated by FII’s. Net Open Interest decreased  by 2.5 K contract, so fall in market was used by FII’s to exit long and exit short in  Index futures. The Role of… Read More »

Bank Nifty breaks 20750, EOD Analysis

By | February 28, 2017 8:25 am

As discussed in Last Analysis   Bank nifty did the target of 21000 holding above 20750 and saw correction on last hour of expiry but still manage to hold 20750, Till 20750 will hold we will make another attempt to make a new fresh life time high and heading towards 21100-21200. Bearish only on close below… Read More »

Will Generic Break its Ascending Triangle

By | February 27, 2017 7:55 am

Generic Engineering We covered this stock on Monday and Thursday,16 Jan  ,02 Feb,17 Feb and 20 Feb Stock has seen decent bounce from 83 levels and made high of 112 and also closed above 113 Last Thursday.   Generic Hourly with Ascending Triangle Generic Hourly Chart is forming an Ascending Triangle Pattern as shown in… Read More »