Sunday, August 11, 2013

Technical Forecast for 12-August- 2013 for Nifty

Technical Forecast for 12-August- 2013 for Nifty

On 8 - August-2013, Nifty Closed at:5,565.65 (+46.55 points) recovering from lows of the day on account of shortcovering by bears, on 12 - Aug-2013, its monday morning, bulls and bears will have hangover of past early weekend, but there will be short covering by bears but overall a flat trading day ahead so guys take a break.
 Daily trend(as per XL trading system):down trend
Market Type(as per XL trading system): bear market

 Daily Nifty Technicals Snapshot:

Performance: “Sell to Buy” “Buy to Sell” signals of XL trade signal reporting software system for Nifty.
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Eq mkt Holidays for the 2017 year

Sr. No.

DateDayDescription
126-Jan-2017ThursdayRepublic Day
224-Feb-2017FridayMahashivratri
313-Mar-2017MondayHoli
404-Apr-2017TuesdayRam Navami
514-Apr-2017FridayDr.Baba Saheb Ambedkar Jayanti/ Good Friday
601-May-2017MondayMaharashtra Day
726-Jun-2017MondayId-Ul-Fitr (Ramzan ID)
815-Aug-2017TuesdayIndependence Day
925-Aug-2017FridayGanesh Chaturthi
1002-Oct-2017MondayMahatama Gandhi Jayanti
1119-Oct-2017ThursdayDiwali-Laxmi Pujan*
1220-Oct-2017FridayDiwali-Balipratipada
1325-Dec-2017MondayChristmas

*Muhurat Trading will be conducted. Timings of Muhurat Trading shall be notified subsequently.

The holidays falling on Saturday / Sunday are as follows:

Sr. No.DateDayDescription
109-Apr-2017SundayMahavir Jayanti
202-Sep-2017SaturdayBakri ID
330-Sep-2017SaturdayDasera
401-Oct-2017SundayMoharram
504-Nov-2017SaturdayGurunanak Jayanti