Friday, September 18, 2015

Short Term Update..........19th September 2015


Nifty :- 8000



May or may not, some pull backs will come and go and these are all, can treat as, steps of the process.

pull back means 8200+  or even 8400+

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As per my understanding, next process of fall already started so expect 20%, 25% to 30 % fall from the High 

20 % means 7200+

25 % means 6800+

30% means 6300+



after that the next accumulation process will start ,  afterwards  next  rally will follow.


Let us see what going to happen in the coming weeks and months...

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Bank Nifty :- 17400

  

Some pull backs will come upto 18000+, 18500+ or even 19000+

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So expect fall from the High 

20 % means 16700+

25 % means 15600+

30% means 14600+



after that the next accumulation process will start ,  afterwards  next  rally will follow.


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Lupin :- 1900


STRONG RESISTANCE AT 1940-1955

But TRADE and stays below that 

down side target 1855 - 1835

and afterwards 17?0 - 1??0.

 
 


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Tuesday, February 3, 2015

Short Term Update..........03rd Feb 2015


Nifty :- 8797


Nifty looking positive & can face resistance of 8920-8930 Above this range target will be 8975-9020 & 9100-9280-9300 in coming weeks.
 
However due to RBI Policy (Today) & Delhi election
Nifty Crucial Support 8770 if break with volume next support will be 8720-8625-8550.
 
 
 
 

Bank Nifty :- 19865

 
Bank Nifty looking positive short term target 20400-20700 in coming days. Sustaining above 20800 target will be 21800 & 22400-24500.
 
On Downside Bank Nifty Crucial Support at 19650-19550 if break with volume next target & support will be 19300-19000-18800.
 
 
 


Axis Bank :- 622

 
Axis Bank short term target 640-660 & 710-740 in coming days. Sustaining above 750 target will be 900-950.
 
On Downside Support at 570-550 if break with volume next  support will be 530-510 & 490.
 
 
 

BPCL :- 748

 
BPCL can face resistance of 780-790 Above this range next support & target will be 825-860 & 890 Afterthat 940.
 
On Downside Support at 700-680 & 660 if break with volume next  support & target will be 640-620 & 590.