Tag Archives: nifty index

Nifty index hits 8678, now what??

Nifty 12March2015

Have you read my last post?? If not read this Give me red. On 5th March morning I sent a mail to all our mail subscribers with same subject, i.e. Give Me Red. Yes all of us have seen 200 points fall from there.

Understanding the market is not everyone’s cup of tea. I know many big websites told you to go long on Nifty on 2nd March 2015. We dared to tell you the truth. And you know that we are 101% correct. 101% all our subscribers have bought puts on 4th March and booked profit on 11th March

Nifty Next Week And Our Budget Offer On Trading Systems

Budget Day Offer

Budget offer on trading systems at bottom of this page.

Nifty has reached its overbought zone and closed below its 3-day exponential moving average (8845.64). Price close to upper bollinger bands and short term stochastics indicator has given bearish crossover. Last week I clearly told to play longs in sudden intraday dips and time and again that strategy worked. But, definitely no new longs please now.

Nifty aggressive traders may try shorts in sudden intraday rallies, with SL above 19th February’s high, i.e. 8913.45 and go for targets 8744-8692-8640

Nifty Index – Indrajit’s Analysis For 9th-13th February?

Nifty Index 9 To 13 Feb 2015

In my last analysisof 3rd February 2015 on Nifty index I clearly indicated a correction here and we got enough correction whole last week.

Nifty index corrected from 8797.40 to Friday’s close of 8661.05. Its a 136 points haul after my ALERT. My readers are aware about the power of technicals. YES, its no magic, pure technicals.

Whats on the cards now?? Nifty has almost corrected to 38.2% retracement level of 8640.90 (made low of 8645.55 on last Friday). Today’s open is very very important

Can Nifty Index Touch 8350 Before 15th February 2015?

Nifty 8350

This is an excerpt from our mail of 23rd January, 2015 about Nifty index –> NIFTY: Must target 8900-9000 before any serious correction, use small corrections to add longs. But market is already overbought, so heavy longs are not suggested.

On 23rd January Nifty was trading around 8800. Nifty exactly done our target of 8900-9000 zone, made high of 8996.60 on 30th January 2015 and now on correction mode. Yes, we are not magicians, we just know how to read the charts.

Nifty index – What’s next??

Nifty Analysis 03022015 Now whats