Sunday, March 13, 2016

Never Left At All




In Continuation of the previous post, click here to read

  1. The Bias for this week would be neutral;
  2. But still expecting a volatile week;
  3. Nifty is likely to test 7573 - 7647 zone;
  4. But may not sustain those levels for long;
  5. Below 7423 Nifty could test 7323 - 7273;
  6. From an Investing or Long Term point of view, Nifty is weak below 7723;
  7. Nifty Bank could test 15550 - 15775 on the up, and below 14950 it could test 14875 - 14575

Monday, March 7, 2016

Innocent Love




In Continuation of the previous post, click here to read

  1. The bounce occurred on the back of Short Covering and Buying by the Long Term Participants/Institutions;
  2. Nifty would be trading sideways between 7155 to 7605;
  3. Under the current conditions, Nifty is unlikely to move beyond 7723;
  4. The Bias for this Week is negative;
  5. The Short to Intermediate Term view of the Market is still negative;
  6. Long Term accumulation hasn't happened;
  7. Investors: don't hunt for a bottom above 7000